I got shook out of TYP yesterday even though it looked like I shouldn't have. So I'm mostly sitting in cash today. I'd love to chase today's declines but there's a good chance they'll reverse (intraday declines are common on POMO days before the ramp). I may use this as a buying opportunity to go long, but I worry about getting trapped using unsettled funds.
I took some settled cash and put it to work in ZSL which I'm liking the look of and will throw up a chart with my thinking on which later.
I'm planning on sitting out most of the day and seeing what happens in the last hour. Unless I see something really compelling I'm just going to wait.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment