Wednesday, February 4, 2009

NO CHANGE...

Hey, I sent a text to a trader i follow and btw is up last year and so far this year. I had to mention my confusion yesterday regarding reverse ETFs. They were all being bought while the market was up >1%. Whah???

Anyway, my positions are unchanged. It looks like this market will head higher albeit at a snails pace... until more bad news that is...

I missed a bunch of earnings misses A.K.A. option put entries. But hey, i dont trust the market. There have been times i bought a put prior to earnings... and although the news is bad, buying of the stock occurs.

I still believe in FAZ. But not here. <40 was the entry i missed and did call... altho i didnt post it. I told a co-worker newbie to watch that ETF and i gave him the exact entry. Whatevers... more opportunities await for sure. I am busy with "more important things" and one of my buddies is getting married in a few months...

I also await a settlement from a car accident almost 2 years ago and will see if i can settle for more than what is being offerred. Then use that $$$$$ to pay down debt. In fact, that is the best thing we can do... rid ourselves of debt.

And i will try to get my taxes in order so as to get a refund before the Fed gov't turns into California with the I.O.U. checks.

1 comment:

Gio said...

Your friend getting married too? i got a few of those. Lol