Thursday, January 8, 2015 5:03 PM EDT
My dogs are telling me that there are squirrels running loose in the neighborhood that must be pursued, so I’ll make this quick. All it took was one little word – “catastrophic” – from a Fed governor to send the markets into a bullish orgy today. It wasn’t a good day for me, but I thank my lucky stars I lightened way up on Tuesday…….
I “un-lightened” today, getting back to about 93% committed (but down from literally 170% early this week) entirely on the short side. One specific stock I’d suggest shorting with both fists is as follows:
This blog is not, and have never been, investment advice. It is a place that allows me to express my own views on the market and specific securities – as well as make whatever cultural ...
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This blog is not, and have never been, investment advice. It is a place that allows me to express my own views on the market and specific securities – as well as make whatever cultural observations or other odds and ends strike me as worth writing about. So I take absolutely no responsibility for the losses – or any credit for the gains – you may or may not make from reading this forum. Whether you lose your life savings or make a fortune is entirely up to you and your own skills/luck/fate.
Please note I am the principal of Tim Knight Organization, LLC, a California-registered investment adviser. The content of the postings and investment strategies and discussions provided herein do not necessarily reflect the views, opinions or policies of Tim Knight Organization, LLC and Tim Knight Organization, LLC makes no warranties regarding the accuracy of their content or their completeness.
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