Sunday, November 23, 2008

Long Dong Ding Dong

The market must not know that I went all in last week; otherwise it would have gone up. I guess I need to send Mr. Market a singing telegram to let him know I have been waiting over 6 months to get long.

Patiently waiting, watching day-after-day as the market continued to fall. At last I saw my chance, as the market made a double bottom and there was blood in the streets I decided to go all in and even leverage up with some 2:1 funds. I was quickly rewarded by the market as it fell another 15% in a week- making my losses 30% with the leverage. No risk no reward. Nothing to do now but pray to the market Gods for that year end rally we so desperately need.

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