I’m down to a mere 72 shorts, as I back away and re-assess what my next steps should be. I have to confess, Ben’s press conference next Wednesday has me a little concerned (which probably means the market will finally start falling to pieces).
But I digress: the point of this post is to say that, although I don’t like trading stocks without years of history to chart, I’ve made an exception for Facebook.
My neighbor Mark Zuckerberg (who, be warned, doesn’t even bother participating in annual Halloween trick or treating, unlike my former neighbor Marc Andreessen, who handed out candy by the handful) had the unhappy task of hosting his first shareholder meeting this week. Needless to say, Facebook’s public shareholders didn’t put the man on their shoulders and carry him around in triumph. (It could be worse, though; he could be a different Mark…………Pincus).
So I’m staying short. (Post bonus: phresh pic of Sheryl; rorrrrrrrrrwwwwwww).
