Apr 24/14 – Returning to the dark side

Towards the end of yesterday’s post I mentioned that I was returning to the short side of the stock market. My plan is to ease into it. I started the position on Tuesday and added to it last night after the Apple euphoria caused the Nasdaq to rally 50 handles.

Why have I returned to the dark side?

Longer term I am skeptical of the US stock market valuatio…