Monday, March 12, 2007

Another slow climb day for market

  1. Looks like the market just shake out the concerns about subprime and moved slowly higher with no heavy volume.
  2. Nasday has a great day, closed at the high of the day.
  3. I did nothing today and think it's the quite period before the next storm, and I hope I bet it right on the short side.
  4. PM has a decent day as well.
  5. RIMM, like the market, just moved higher without conviction.
  6. Out of my recent action, CFC put is the right one, others should be sold since market moved higher and I have short ETFs and puts. I was afraid of missing another big leg down, so don't over smart the market.

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