Full analysis when I get back. I know most of you that are clueless to what I am short and long have no clue how well I did today but I went long a stock a few days ago…it was up 14% today. How did the crap you bottom-fishers caught do? Probably not as well. I am 95% cash, 2% short, and 3% long with 2% in the one stock up 14%. So before you go nuts and think that I lost money today, get your facts straight.

I’ll try to remind everyone that has believed in every other bottom THAT HAS FAILED that the biggest UP days come in BEAR MARKETS. Let’s see how many of you can remember this for more than 1 hour. LOL.

Obviously, I am not talking to my subscribers. All of you are very smart, you know what I am long, you know I have taken most of my shorts off for BIG profits, and you know that I have been preaching CASH IS KING for a week now as the market has gotten very volatile. Those of you not subscribers, I fear for your accounts in this market. Great luck!!

Last 5 posts by Joshua Hayes

• Following Through on Friday's Gains Stocks Stage Another Rally on Strong Volume - June 2nd, 2009
• Small Cap and IBD Indexes Lag the Major Indexes with Volume Higher Across the Board - May 29th, 2009
• Are Items That Fill Up Your House too Expensive? Then Rent Them at Aarons Inc. - May 27th, 2009
• Finally We Have The IBD Indexes Leading The Way As Stocks Rally On Heavier Trade - May 27th, 2009
• Ending in Mixed Fashion Stocks Fail to Close Out With Gains Seen Earlier in the Session; IBD Indexes Take the Lead - May 20th, 2009