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S&P 500
5,883.41
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-1.11%
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US TECH 100
19,976.00
(
-1.83%
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Dow Jones
43,474.97
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Firebird400

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Firebird400

Re: Firebird400 post# 25889

Friday, 01/18/2008 7:42:21 PM

Friday, January 18, 2008 7:42:21 PM

Post# of 47382
100% Cash Again,
dropped out rather early today with yesterdays buy on QQQQ. Fed did not ease, nothing seemed to want to move this market forward. So I cashed out with a $27 gain, I'm back to 100% cash. Looking for some resemblence of a bottom here. A capitulation day with a big spike in the volatility index would help me put money back long term. Neither the Dow or Nasdaq 100 are at 52 week lows yet, so I think we have a ways to go. Tried to play a snapback today that never materialized.

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