Finally, today needs a brutal week. I added some short exposure yesterday, to move more of a "market netural" position. CPI numbers and empire state numbers will be key for the market today. CPI - will it be deflation or inflation? I really don't know if CPI will be negative or positive, but for my oil stake, I hope it's positive.
I see that insurers just got the invitation for TARP, boy are they digging a whole. I mean don't they see the hell the banks are going through? But I guess if your desperate, your desperate.
As for buys/sells, I will probably kick my little stocks, like GMO and BEE; but hold everything else, regardless. Like I was saying yesterday, I think it's a great opportunity to make a shopping list and do research in this environment. I'll be back later.
No comments:
Post a Comment