Im pulling for George Mason this weekend since every other team I had in my brackets is gone. I really hope they can pull it out.
By the way - Short QQQQ, IWM, WEN, I may come up with a few more as the day rolls on. I anticipate the start of Q2 to be rocky. Let us hope this shields me from the downside.
posted by Random Thoughts at
9:08 AM
The purpose of this blog is a forum for me to piece together the action of the market and write down my thoughts. I will analyze companies, talk about strategies, recommend articles and essentially talk about anything I feel is necessary. (All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational purposes only and should not be construed as a recommendation to invest, trade, and/or speculate in the markets.)
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1 Comments:
I want to agree with you, I really do.
Everyday I prepare myself for the start of a massive market correction, and every day I make another $800 watching my holdings go up.
Perhaps if I were a swing trader I'd look into shorting Qx4, but the 2-3% game isn't for me.
At this point, I think we're so right about a correction that we're actually wrong. We're too far ahead of the curve, and this garbage is going to continue to go up for another 6 months.
Although I'm well aware that a major disaster could set something off sooner. I'm 50% cash, and I intend to keep it that way. How much are you holding?
In stock news - a nice week or two for VLCM. Thanks, Motley Fool.
You need to look into both BRNC and HERO, because there is serious money to be made on them this year. I managed to hit the bottoms of both, and you best believe I'm going to be riding them hard.
Other stuff I like -
IRBT (Don't laugh. I'd make that huge bet @ $26 all day)
EWJ
HXM and ARII are worth watching at the $35 level.
Keep up the great blog.
-g-
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Anonymous, at 6:15 PM
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