Monday, March 16, 2009

Bubble Busters.

As the Mad Man on TV says, I would schnitzel some here and take some off of the table. What that means, is to hedge some longs here as there is a strong possibility of a market correction from these levels. For those aggressive playas, maybe a short or two.

Financials acting like there is huge upside to come, but tech is holding the market in slow mode. We have expiration this week which may put a cap on the rally for a few days, but I am still looking for 1000 SPX before long.

My John Malone play still looking great. Hey, we almost are above a quarter a share.

Looking for some interesting bracket plays for the early games this week. Go Blue! Welcome back to the NCAA's. I hope they got some game left for Clemson this week.

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