Poor bear

Today the market closed down in red, but if you monitored the market action, the bulls came back strong, with Nasdaq barely down. This is of course, after Dow, S&P500 and Nasdaq were down 0.9% at one point. Poor bear, can't get anything going.

1. I slowly but surely switch to the short and cash side.
2. Sold half of ONXX and URZ, sold all EMU today. Still like URZ long term, and ONXX can be a big winner if the trail of its drug is successful on other cancers.
3. Added QQQQ puts and IWM puts again today. It's not a big position, want to do it over a certain period to average the price. This, of course, is based on the idea that short term market is at risk of a sharp correction.
4. Curt added some comments on timing the market, it's really hard to do that, anyone who correctly predicts the market tops and bottoms has more luck than skill.
5. Let's see what summer brings to the market, if they are going to take profits, it should happen within the next few weeks.
6. China's bubble vented some steam out. The fact that most of global markets are at their all time highs, and the action in China tells me first sign of the top, most likely a few months away before we see major correction.
7. If we do see a correction now, I think it will be bought by the bulls.
8. It's tough to be a small bear in this big bull market.