Going the wrong way

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Prophet Financial Systems, Inc.

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By: Stubborn Bear

Jun 21 2008

12:27 am

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Category: DOH!

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Tag cloud: INDU IWM IYR IYT NVDA QQQQ SPX TNX UPS USD VIPSX XLF

This ranks as the 2nd worst instance this year of me missing out of a big fat move because I sold too early. On top of that, in my disbelief, I decided to play on the long side and got screwed by doing that as well.

This is precisely why I am a stubborn bear.  Missing out on a big move down feels far worse than being short and being wrong.

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