[quote=stockstradr]Now increasing my 2X long postion to 50% of portfolio.
I see signs the fool’s rally is off and running now.
But if stocks instead drop another 5% today,then I’ll go long with MORE money.
New mood in markets. October is rally month.[/quote]
The fools rally came and went, with the entire 300 point swing today from bottom to top and back to the lowered bottom.
The interest rate game didn’t and won’t work no more. I almost forgot the short sell ban expires tonight…So me thinks tomorrow is going to be a blood bath for financials, hence no more BAC trading for me until there’s another carrot from the fed (other than interest rates cut) in the form a a bailout 3.0 beta.