Tuesday, September 22, 2015

Another buying opportinity?

Bought today on sell-off:  Europe and Japan, hedged. And, biotech (IBB) bought over last two days as Hillary Clinton's anti-phram comments brought down drug makers.

Closed out a few inverse ETFs yesterday and missed the 130 bp drop today in the SP500.

Just a guess: Market will rally Wed. (rebounded somewhat today, Tues.)

Buy on further weakness.  Short into weakening rallies.