Looks like we are switching (finally) gears to a bear market mode and GLUU this morning was our last tiny gift from the bulls :-)
May be (and hopefully) I am wrong and we continue this rally for a while, who knows...
If it's truly a bear reversal, we won't get any stocks in our screen and activity will be quite limited. I am not trading pennies on short side. I have short strategy for bear market as well, but it's for more mature and less volatile stocks. My bear strategy is not public (yet) as this blog is dedicated to long pennies... And by the way, I have not traded short since Sept 16, 2010.
Anyway, no symbols for 2/23/2011 and whenever we have new picks I will let you know.. stay tuned.
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