augieboodicators

[augieboo]

I feel like I'm out of synch with this market action, so I'm going completely, 100% cash and plan to take the weekend to regroup.

Sold BBH @ 95.30

Order in to sell USPIX as well. (It will be at a small loss from yesterday.)




Posted by: augieboo
In reply to: augieboo who wrote msg# 42 Date:3/21/2003 11:59:35 AM
Post #of 43

Well, I had a bad feeling about yesterday's decision by the time I went to bed last night, and by the time I got up the morning Ms. Market was on the move once more, so I bought some BBH @ 94.48 as a partial hedge vs the USPIX.


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Posted by: augieboo
In reply to: augieboo who wrote msg# 41 Date:3/20/2003 3:27:59 PM
Post #of 42

Looking at charts today I think this move is getting long in the tooth, at the least on a short term basis. Thus I am for the most part stepping aside for a day or two.

Closing all long stocks.
Closed 2x NDX profunds.
Keeping only the -2x Profunds, which amounts to about 25% of the account.