Doug Kass fills his blog on RealMoney every day with his up-to-the-minute reactions to what's happening in the market and his legendary ahead-of-the-crowd ideas. This week he blogged on:
- How retail is doing better, but remains a challenge.
- How Doug Kass is moving slightly net long, for now.
Click here for information on RealMoney, where you can see all the blogs, including Doug Kass'--and reader comments--in real time.
In keeping with my tactical strategy discussed in my opener, I am now slightly net long.
I will be moving back down to market neutral if the market strengthens, as I expect over the next day or two. (This is my trading timeframe.)