Thursday, May 18, 2006

Think Trades not big bets....May 18

"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.

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