Thursday, November 6, 2008

BRKS

Bought to cover BRKS at $6.36 at a $0.50 gain per share and a %7.28 return on investment. Today is proving relatively profitable!

I'm beginning to wonder when the market will turn bullish and we'll begin longing stocks rather than shorting them. I'm trying to improve my ability to estimate changes in the market - it almost never fails that I get in a lot of shorts because I'm confident of the downtrend and then the market goes up or I get in a lot of longs and the market takes a dive.

I'm continuing to buy shorts, I'm just keeping that thought in the back of my mind and watching for signs of a change.