I'm still undecided... I was LONG McCain, to start, then I went LONG on Obama, but since Obama has been rising so quickly, I believe him to be overvalued, at this point. Being a contrarian, I sold everything that I had in Obama, on Friday. Obama could still keep rising, but I sense a bubble... I'm not ready to SHORT Obama, but I did pick up a little McCain, Friday afternoon. I intend to cautiously accumulate McCain, in the coming week... If I see a double-top in Obama's polling, I may go SHORT on Obama (this is risky, since if Obama would happen to win by a landslide, I could be wiped out!). I'll probably hold McCain, going into the week prior to the election, then pick up a small position in Obama, just to hedge myself. If things become too volitile, I may just go to cash, and sit out this election.
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I'm still undecided... I was LONG McCain, to start, then I went LONG on Obama, but since Obama has been rising so quickly, I believe him to be overvalued, at this point. Being a contrarian, I sold everything that I had in Obama, on Friday. Obama could still keep rising, but I sense a bubble... I'm not ready to SHORT Obama, but I did pick up a little McCain, Friday afternoon. I intend to cautiously accumulate McCain, in the coming week... If I see a double-top in Obama's polling, I may go SHORT on Obama (this is risky, since if Obama would happen to win by a landslide, I could be wiped out!). I'll probably hold McCain, going into the week prior to the election, then pick up a small position in Obama, just to hedge myself. If things become too volitile, I may just go to cash, and sit out this election.
Oct 11 17:29 pm
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