I am reading everywhere, everyone is shorting the close or expecting a fall here. There are a few securities which I would be willing to short, but the ETFs themselves are remaining neutral without bias. AMX and a few other hand selected securities I reviewed have commited to a 6% decline, if they rise further, the decline will be greater. All in all, being in cash at the moment seems to be the wiser decision, or low delta'd smaller trades for larger percentage gains, like the AMX play I mentioned. Have a good night, I'll see you in the AM!
Monday, December 8, 2008
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