The Deer in the Headlight Prepares to Cover His Shorts
I am the deer in the headlight. I don't know what to do. My overall market chart is the Value Line Index. Three times I've watched it fall waiting for it to cross 1900 and it bounced back. The dates were 1/21, 3/17 and right now.
Each time, I watched others make a killing on the ultra short ETF's and each time I watched them lose ground as it bounced back off of 1900.
Watch the market closely and be prepared to cover your shorts. Accumulate some cash. Wait till a trend develops.
Comments: View Comments | Tuesday July 8, 2008
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