Tuesday, May 11, 2010

We are taking a chance here!

Check emails for updates. Bought more "TTT". We feel the exuberance over the trillion dollar bail-out is over done and the market is due for a pull-back. You never know in this environment though; given a small few control the direction of the markets these days. We think they will change their mind given the fundamentals. We are now 80% short. It is a dangerous game given the amount of short-term manipulation in the markets these days. Our computer systems are somewhat convinced and the volatility will give us a chance to bail if we have to. We are betting the "Big Boys" are going to fade this market in here. it just makes sense. it is the smart thing to do in here. let's hope we are right.