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Monday, April 12, 2010 5:54:21 PM
I got out of all of my short positions and most of my VXX today, could no longer take the pain and the margin calls. What a beating I took over the past eight months. I am certain my actions will flip the market. I can't seem to get on the right side anymore. You must have gotten blasted on your VXX position with the mindset of chasing it down as I know you had mentioned on this board. Sorry, misery loves company. I am sure the poor economic state of this country will rear its ugly head just as soon as I go long. So I pose the question to you and the many other well versed and educated of this board, if you had $100,000 today, what would you do with it? Looking for strictly security minded response. I have plenty of real estate and Cor stock to last me a lifetime, so no need to go there.
Regarding Cor, there exists no near term catalyst that I can see other than early SA data release with solid results. I don't see that happening at least prior than expected, so Cor will be again stuck in the mud pertaining to sp until the new carrot appears over the horizon.
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