Thursday, June 22, 2006
Sorry for Vanishing
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.