Color Me Positive

With the majority having turned negative further evidenced by a huge outflow from equity funds this week, color me more positive.

6 comments:

Anonymous said...

support levels for s&p= 1064, 1050, then 1022

Anonymous said...

Mate, what time option will expiry today?

Anonymous said...

Any further thoughts on GILD?

Praguer

Tsachy Mishal said...

Im not having fun but Im staying long.

Tsachy Mishal said...

Did not expect to revisit these levels but its always tricky when a stock is transitioning from growth to value. The company is still in the market every day. i figure it will take at least a few more weeks before they can buy $1 billion in shares but I think they will keep going.

Tsachy Mishal said...

I would also note that I have a market hedge on against my longs including Gilead but it only will protect me for a couple of more percent of downside.