Thursday, April 28, 2005

Stephen Vita on overly bearish sentiment

Stephen Vita's talking about some overly-bearish sentiment numbers over on The Alchemy of Trading. It is good for people like me to see this stuff because I'm short the Q's, I'm short the materials, and I'm short plenty of other stuff. I'm not proposing throwing in the towel on these shorts until the overall market trend changes, especially since I'm making good money, but that doesn't stop me from managing my exposure according to percieved risk, so thanks for the heads-up Stephen.

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