Friday, January 2, 2009

R.C. Market Report 1.2

  • Today: Breaking 9000 on Dow was a big deal today as we rallied for three consecutive days. Investors must feel that by the end of 2009, we'll be higher than current level. Most of the attention went towards energy, alternative energy, and commodities.
  • Monday: Buying can continue but I would assume the next move is a profit taking retracement on this current short term rally. I remain evenly hedged.
  • Currently: Long POT, BIDU; Short MON, GOOG

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