XM (red line) & Sirius (blue line) – I feel like I got a hit by a large Mac truck – I am in a house of pain. This is my longest holding and it got crushed today…or should I say again. I bought down but I am not sure I am going to be able to trade my way out of this hole. I may have a bank of losses to offset future gains (I hope) for a long,…
I made some good gains in QCOM options – Thank you QCOM ;-). I sold the oil stocks a little while back to bank profits. Thank you (speculators, oil company manipulation, government incompetence, environmentalists, big money profiteers, hedge funds, demand, supply, or whatever you believe is at fault for the high price of oil). Where to look? I am not sure. I have been going through my basket of companies that I follow and have not found anything that looks…
Wow – the markets were spanked hard today. It looked like the time to buy so I jumped back into the game with both feet. I released all of my pre-programmed trades just before noon. All of them executed so lets hope this was a knee jerk reaction to oil and unemployment numbers and Monday will start a few days of recovery. If not, it will be unpleasant times when I explain this to my lovely, but hates to loose…
The trees shook and I jumped. I hope it was the right call. I cleared my portfolio and went back to cash with the exception of one stock. I am ready for a the market to dip in the next few days (I hope) so I can get back in. If the market jumps up, I am going to kick myself hard…and often. Well, done is done, so lets see how the next few days go.