Thats what you get for thinking

My grandfather was great with sayings. "Your digging yourself a hole you cant get out of, you better through that shovel down" he'd say, or "That aligator mouth of yours is going to get your tadpole ass in some trouble kiddo" and his favorite "Thats what you get for thinking!"

Well sometimes Gramps old advice is relevent to me in the market. Today I'd probably have to pick "Thats what you get for thinking". The majority of my longs are going down, my shorts are going up. The great thing though is that I still think the rally here is suspect, my own idea is that it will turn out to be not much more than a good sized rally in a bear market. These certainly offer trading opportunities, but not nearly as many or as good as a full on bull market would. For the time being I'm barely invested and sitting heavy in cash. Trying not to overthink things, I'd hate for Gramps to have to yell @ me from the grave.