Friday, November 05, 2004

BUSH-RALLY


SELL SWKS / KOMG
It is clear by now that these are mistakes. I correctly anticipated this Bush-rally, unfortunately for me, the trade is poorly selected and terribly executed. The market did rally rather strongly, but these two have no strengths whatsoever. Although I recognize the mistakes early on and had made decision to sell into strength, it still takes a lot of mine in order to pull the trigger. But I don’t see any other alternatives. If they are this weak in the strong market, how much weaker they could be if the market corrects, which could be around the corner.

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