Tuesday, November 27, 2007

Such a Newbie

consumer confidence indeed stunk...however, did the market expect that yesterday?

I bot VMW Dec65@2... what was i thinking? It's so oversold!!! Anyway, my put getting blasted at this point. Stock is up from 71 to 77. Fundamentally, i do think ORCL & MSFT will squeeze out profits.

Mind you. The FED speaks tomorrow... buying VMW at the session end might have been more prudent.

The dip-buyers are all over the place today... Portfolio A is again getting slapped all over after being pampered yesterday. Of note, Solars are down a bit as Oil retreats w/OPEC possibly increasing production.

Portfolio B sits awaiting MacWorld or some crazy alignment of bull signs in tech.

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