I entered Friday 20% long only to find myself 40% long an hour or so before the close.
If you told me I'd be doubling my long exposure, I'd have thought it unlikely. But when you get one of the biggest reversals of the year, erasing a 30-point loss, and actually push for a finish in positive territory, well, that becomes another story.
Here's The Reversal
To say the least, that was huge! And it has the bears in full back pedal, covering shorts as fast as they can, driving this market rally even higher.