Comments on Fund My Mutual Fund: Bookkeeping: Adding to NuVasive (NUVA)

seadogif you go to WSJ.com right now they have a b...

2008-11-20T14:12:00.000-05:00

seadog

if you go to WSJ.com right now they have a breaking news alert that Citigroup is lobbying lawmakers and SEC to reinstate ban of short selling.

Magic...

I would not be totally shocked to see a ban on sho...

2008-11-20T14:08:00.000-05:00

I would not be totally shocked to see a ban on short sales across the board in an attempt to stop the meltdown. Too much money is being made on tne short side of this market. If the SEC can do it for financials, they can do it across the board.
We could be faced with going long or selling...it would quickly slow the deterioration.

eh not reallyI went from about 40% cash/22% short/...

2008-11-20T13:57:00.000-05:00

eh not really

I went from about 40% cash/22% short/38% long

to 43% cash/9% short/48% long

I don't even have half the money long :) - it just seems like a lot because I've bought almost nothing except for an ETF on the long side for a trade in a long time (I was long CME for about 15 minutes for a trade in the past two weeks)

Still cautious and if things go bad, that cash will be heading back to the short side to hedge the long side.

It's all relative

I'd like to be a bull based on sentiment alone here which is awful but Citigroup has the market by the short hairs.

Wow that's a bunch of buying you're doing today Ma...

2008-11-20T13:47:00.000-05:00

Wow that's a bunch of buying you're doing today Mark, considering S&P broke through the technical support yest.