Sunday, September 07, 2008

Market Bull

You have to adapt in order to survive in this market. I’ve been a big proponent of the “buy and hold” strategy. It’s still a great strategy for the long term, but recently I’ve employed a more active trading approach. As you may have seen from my recent posts, I’ve been doing a lot of arb trading. This has proven to be quite profitable in this market. Many of my arb plays will be coming to an end soon. It’s time for me to shift back into growth stock mode and employ the “buy and hold” strategy. I’m very bullish on the market right now. Gloom and doom usually signals the bottom of the market.

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