She Was Just 17, And You Know What I Mean

My largest holding is Pfizer, which I own through shares of Wyeth. Pfizer is breaking out above 17 today. The pharmaceutical sector is once again outperforming to the upside. I remain long pharma, short SPY. Have a good night.

3 comments:

Anonymous said...

I thought you stopped yourself out?

Nothing personal but I went short today as a trade based partially on your capitulation (Dec SPY 110 puts). Bears seem downright exhausted to me, I think unhedged short positions are as low as they've been in years...

JD

Tsachy Mishal said...

I wanted to add to my short positions on the open. I stopped myself from adding to my short positions because I am waiting for a perfect setup.

Anonymous said...

I see. Good luck, I enjoy following your blog.

I was/am expecting a push to new highs and a subsequent failing to hold. 2% above intraday high and I say cut a watch.

JD