Staying Cautious

I have decided to hold off on further additions as the economic deterioration dictates being more cautious. I will add to my modest longs if we get closer to maximum oversold.

2 comments:

Chaos! said...

Don't you think we'll retest the 1040 low on the S&P?
We'd get a good bottom if we broke that and had some good old fashion PANIC!

Tsachy Mishal said...

That is always the best setup. That is why I am playing small now. I am leaving room for that but I don't think it will happen before quarter end.