Thursday, June 22, 2006

 

Sorry for Vanishing

My partner is paranoid over posting our conversations on the blog-- due to compliance issues.
I'll try to convince him otherwise, but I cannot promise anything.

As far as the market is concerned, I think it sucks bad. I have retained my long positions in VLO, NGAS and GI and gone short RACK, FORM, ANAD, SMDI, SIRF and BWNG.

Basically, I have zero confidence in the market and sense we are heading lower. Naturally, I could change my mind 10 minutes from now-- but I doubt I will.

If you really have no idea what you are doing and want quick advice, feel free to leave a comment and I'll try to help you as best I can.

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DISCLAIMER: This is a personal web site, reflecting the opinions of its author. It is not a production of my employer, and it is unaffiliated with any FINRA broker/dealer. Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities.