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IBDvalueinvestin (99.62)

All bad news on the Horizon.

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2

June 01, 2012 – Comments (3) | RELATED TICKERS: DIA , QQQ , SPY

Its not gonna be pretty the next 3 weeks.

3 Comments – Post Your Own

#1) On June 02, 2012 at 12:00 AM, HarryCaraysGhost (99.60) wrote:

Dude, you can level with us How short did you go?

It's been about a month now, so did this tactic work out or not?

Are you feeling a squeeze?

I doubt TMF has many MM or hedgefunds as members so feel free to disclouse.

Cheers.

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#2) On June 04, 2012 at 11:45 AM, IBDvalueinvestin (99.62) wrote:

Harry and you blame me for going short the market on May 2nd?

It was the right thing to do with all the uncertainty surrounding the market and it was up for 6 straight months. Only a blind man would have kept buying in May.

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#3) On June 04, 2012 at 6:41 PM, HarryCaraysGhost (99.60) wrote:

I agree, (and sorry if I sounded confrontational internet has a way of doing that)

Actually I sold some stocks that I was'nt long on at the start of May and am looking to redeploy into the longs.

I was just more wondering if your at all concerned about a possible short squeeze coming up? (This is academic for me since I don't short stocks but it's still of interest)

Cheers

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