I just started covering and buying. I have a downside support level in the S&P500 of 1030.93 (see ‘Hedgeye Portfolio’ for security specific moves).
After patiently sitting on a 96% Cash position since the initial Paulson ‘bail out my friends’ announcement, I have moved to 93% Cash this morning.
Treading into the water, slowly.
KM
After patiently sitting on a 96% Cash position since the initial Paulson ‘bail out my friends’ announcement, I have moved to 93% Cash this morning.
Treading into the water, slowly.
KM