Bought Exelon

I used today's downdraft to purchase shares of Exelon, the electric utility.

4 comments:

Anonymous said...

I would be careful getting long anything right now unless it's a triple leveraged bear ETF.

Tsachy Mishal said...

I have a large net short position despite my Excelon purchase.

Market Owl said...

Nice short trades yesterday. Looks like we've topped out.

Tsachy Mishal said...

There are some important levels coming up. Last weeks low and the gap up from the first day of the year.

The more important level is likely the gap up from the first day of the year. If we get under it all the exuberant purchases this year will be under water.