Tuesday, February 27th, 2007...3:36 pm
Market Tanks - MAS Wins!
Remember those ultra shorts I talked about in December? Today while the market was being taken out to the woodshed for a spanking, my shorts were kicking ass!
Dow -3.29% NASDAQ -3.86% DXD +7.46% QID +9.08%
I was premature to short the market in 2006, but I believed in my thesis that a correction was coming. Today I was rewarded big time. May lose it all tomorrow, so I’m enjoying the moment. * Note this is not my retirement portfolio. It has some shorts, but is invested far more conservatively.
Tags: etfs
Leave a Reply