09-30-2013, 01:50 PM
I'm not tempted to go long anything today, not in front of the looming shutdown in a few hours. Talking heads on Bloomberg are predicting a much more harsh market tomorrow, if congress goes ahead with its foolish gridlock on the debt ceiling. I just bought a few hundred shares of SRTY @$14.23, to take advantage of a downdraft if it comes. If the market sells steeply tomorrow, then I may shop for some bargain among tickers of interest. If the market shrugs and yawns, then I'll sell my SRTY and will go back into the watch and wait mode. I'm getting low on opportunity cash, and am not overly eager to add anything at current prices especially in this very confusing climate.
Alex