A diary of the thought process behind my investment decisions
Pulled My Orders
I have pulled my orders to go short for now. I think this "larger than expected" QE II will do the trick of getting optimism to an extreme and lead to an even better opportunity to go short. It is crystal clear that the way the $600 billion figure was chosen was to look at expectations and beat them. Straight out of the GE "beat by a penny" playbook. Sickening.