Thursday, September 24, 2015

Wrong again

Added to long positions, including HEDJ today, 9-24-15 Been wrong wrong wrong buying Europe, Japan and biotech in the sell-off.  Healthcare weakening--portending a change in trend??

And, I was wrong to get out of shorts too early.

Another attempted rebound today, like yesterday. Not yet a reversal. I have no idea where this market is headed in the short term. Expect some volatility and use it to your advantage.

Still think seasonal pattern is playing out--buying on weakness will probably pay off by the end of the year.