A diary of the thought process behind my investment decisions
Every Dog Has Its Day
After the past brutal week I can finally breathe a sigh of relief. Both my hedges and longs worked today. I am very excited about the prospects of my large cap biotech trade. I had a similar successful trade when the Pfizer/Wyeth and Merck/Schering Plough deals closed in late 2009. I will outline how that trade worked out in tomorrow's opener. Have a good night.