"Success consists of going from failure to failure without loss of enthusiasm."-- Wisdom for the day!
Not timely to add to shorts here since we are too oversold in the near-term.
Not attractive to make a long bets for the next few monthes unless group or stock specific.
Attractive risk/reward continues to be shorting the broader markets; use strength as an opportunity to short.
Plenty of trading opportunities as increasing volatility continues.
Thursday, May 18, 2006
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