TraderMark's  Instablog

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Mark's mutual fund is launching December 15, 2011. He is a self taught private investor who operates the website Fund My Mutual Fund (; a daily mix of market, economic, and stock specific commentary. Fascinated by the market since an early age, he discovered mutual... More
My company:
Paladin Funds
My blog:
Market Montage
  • Went heavy short this AM north of S&P 910 4 comments
    May 6, 2009 10:45 AM

    at least to below S&P 890 within 48 hours: target

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  • mikebrah
    , contributor
    Comments (253) | Send Message
    Same here. Shorted BAC and COF, long GE puts, long SPX puts.


    6 May 2009, 10:56 AM Reply Like
  • speeddaimon
    , contributor
    Comments (149) | Send Message
    Logically I think you're correct, that if the market behaved in any rational manner it would drop and do it hard. However, after watching market reactions for the last couple weeks, I think you must have brass ones if you think the market will drop in the next couple days. I mean news of BOA needing 30+ billion dollars came out today and the stock goes up? Even in the bizzarro stock world that makes no sense.
    6 May 2009, 11:08 AM Reply Like
    , contributor
    Comments (4) | Send Message
    6 May 2009, 11:10 AM Reply Like
  • Dr. O
    , contributor
    Comments (423) | Send Message
    After a year and half bear market with the major indexes cut in half, the market already having been fully sold out, and central banks world wide giving away money and doing lord knows what else to prop up the financial markets, I just don't want the short side of any trade. I think it's time to buy the dips, not sell the rallies. The market, I think, has changed in character. Call me naive.
    6 May 2009, 07:41 PM Reply Like
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