Mike
04-13-2015, 08:52 AM
Watch lists were updated this morning, a bit late because of other weekend activities.
In Pascal's daily comments this morning he says Buy = Buy, Cash = Buy and Short = Cash.
My own perspective as a longer term trader agrees with this.
On the short side, I am a longer term trader and generally don't wish to enter a short position unless 20% profits look available. This is not happening enough to warrant taking the risk. So even though I provide a short taking watch list, I am not entering the positions until the situation changes. I keep a short watch list so that I can objectively know when short positions are working.
I have a nearly full portfolio on the long side.
In Pascal's daily comments this morning he says Buy = Buy, Cash = Buy and Short = Cash.
My own perspective as a longer term trader agrees with this.
On the short side, I am a longer term trader and generally don't wish to enter a short position unless 20% profits look available. This is not happening enough to warrant taking the risk. So even though I provide a short taking watch list, I am not entering the positions until the situation changes. I keep a short watch list so that I can objectively know when short positions are working.
I have a nearly full portfolio on the long side.