Friday, June 06, 2008

Stocks Get Slaughtered



Today the stock market got hammered with the dow closing down almost 400 points!
The dow made a 9 week low today and the S&P500 is now back below its 50 day moving average.

As you know I've been bearish and will sit tight with my short positions.

1 comment:

Anonymous said...

You called this one perfectly. and my short position has done very well. My target is 130.00 on SPY -- great job on your blog!

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