Covering SPY and IWM…Testing Long Side for Trade
- Posted by Howard
- on January 16th, 2008
It’s gorgeous here in New York, people will either hit the sell buttons and go for a walk or decide that the world is not ending just yet and do some short covering.
I am in the mood to bet, so I am covering all my SPY and IWM shorts from yesterday and getting long SPY, AAPL ($158 and change – wow) and QQQQ
We shall see.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Born in Toronto, lived in Phoenix for 20 years and now in Coronado, CA with a loyal wife (15 years, 14.2 Canadian years), two awesome kids and a dachshund. My current start-up is called Stocktwits and I am a co-founder and CEO. More »
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