Get Ready to Load the Boat
- Posted by Leigh Drogen
- on February 23rd, 2010
The market took a break today as expected, materials names were weak as the dollar moved up the better part of the day. Goldman Sachs $GS continues to be the most important stock I’m watching, it tested that major 160 level this morning and was summarily rejected. Buy some puts on Goldman as a hedge for your longs and close them out if we get a close above 160. Video below…
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Leigh Drogen is the founder and chief investment officer of Surfview Capital, LLC, a New York based investment management firm employing an intermediate term long/short momentum strategy. More »
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