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Thursday, August 03, 2006

Can You Feel the Heat?

Ah yes. Nothing beats a thirst quenching drink of Kool Aid nowadays. I guess with that sizzling temperature, ANY POSITION IS DEFINITELY UNCOMFORTABLE!

Sounds like the market where we're at right now. You go long and the other side of the trade is not really a seller but a shorter ( take note there is a difference). Go short and the other side is covering his short. Synthetic buying and selling bodes for a dazzling array of volatilty.

As The Great Trader would say, having no position is still a position. Unless you are playing for the Blazers, it is probably the best position to have right now.

'Til the smoke clears.



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