What a Day!

It turned ugly real quick today. What looked like a good day for tech on the back of Intel turned into a semiconductor selloff. I came into today with nothing but shorts and covered all of them early in the day. Normally I’d feel pretty stupid for getting out of those shorts on such a weak day but as (bad) luck would have it all of those stocks that I was short are up today. Go figure. Oh well, there should be a lot of interesting charts this weekend.

Comments

  1. Posted by james on March 11, 2005 at 5:01 pm

    what a day!? what a week! although i think the folks in the bond pits are saying FINALLY its safe to sell. i really think that had more to do with the decline this week rather than the oil story.

  2. Posted by james on March 11, 2005 at 5:11 pm

    oh yeah, have fun gettin around atlanta this week. talked to a friend of mine in atlanta today. he left work around 2 so he get home by 5.

  3. Posted by Alexis on March 12, 2005 at 1:41 am

    James is right…..what a week!