Joe what's up? Very quiet day on the blog. There isn't any b-ball on so what's keeping everyone away?? Probably just because the markets are relatively quiet in our sectors.
I've got little cash left but I'm ready to deploy when we get below 900. SKF also very ripe, I know how much everyone loves this one, especially at the $100 level.
Anyone read Alf Field? I've been following him on 321gold for a while and his predictions are usually very good. His Elliot wave analysis is the most accurate stuff out there. Anyways he just gave a new update if anyone is interested, check it out.
I read Alf Fields update about an hour or so ago. If he turns out to be right, then the next wave will be quite exciting.
We are in a strange feeling space right now. Usually, direction is quite obvious to me, but this is different. I am writing short term covered calls on all of my stocks in order to generate some income as I expect a general flatline consolidation period for a while.
Dont know if everyone else feels this as well, but that might explain the quietness around here lately. :)
I'm still here. Been popping in and out to see if anyone's posted.
Watched the squawk box this morning about the JPM upping the BSC ante. The FED action over last weekend on BSC, shows they realized it is just the tip of the iceberg. As a result, SKF is going to be an amazing ride.
[Bernake...Note to self...'do not panic the sheeple'...yet....]
Unfortunately, I'm out of dry powder and loaded up on my SKF calls and Citibank puts last week. Gotta love my timing huh? So I'm basically just waiting around for this BS rally to wear off, so I can have a little fun again...
All mine expire in July or September, but I sure dont intend to hold them anywhere near that long.
Consumer confidence #'s come out tomorrow and there's all kinds of data coming out Wednesday and Thursday. I don't think we're going to have to wait too long for reality to set back in to the market. Just wish I had taken better advantage of the blue light specials.
10 comments:
Joe what's up? Very quiet day on the blog. There isn't any b-ball on so what's keeping everyone away?? Probably just because the markets are relatively quiet in our sectors.
I've got little cash left but I'm ready to deploy when we get below 900. SKF also very ripe, I know how much everyone loves this one, especially at the $100 level.
Anyone read Alf Field? I've been following him on 321gold for a while and his predictions are usually very good. His Elliot wave analysis is the most accurate stuff out there. Anyways he just gave a new update if anyone is interested, check it out.
http://www.321gold.com/editorials/field/field032408.html
Hope everyone had a good day. How was the weekend Joe? How does the bracket look?
Hello Peter,
I read Alf Fields update about an hour or so ago. If he turns out to be right, then the next wave will be quite exciting.
We are in a strange feeling space right now. Usually, direction is quite obvious to me, but this is different. I am writing short term covered calls on all of my stocks in order to generate some income as I expect a general flatline consolidation period for a while.
Dont know if everyone else feels this as well, but that might explain the quietness around here lately. :)
Great market ticker today too btw.
Where the hell is everyone?
*crickets chirping*
I'm still here. Been popping in and out to see if anyone's posted.
Watched the squawk box this morning about the JPM upping the BSC ante. The FED action over last weekend on BSC, shows they realized it is just the tip of the iceberg. As a result, SKF is going to be an amazing ride.
[Bernake...Note to self...'do not panic the sheeple'...yet....]
Agree lieutenant, just waiting and wishing for now. This next leg should be the seasonal pre-summer rally. It will be very powerful, I'm excited.
Unfortunately, I'm out of dry powder and loaded up on my SKF calls and Citibank puts last week. Gotta love my timing huh? So I'm basically just waiting around for this BS rally to wear off, so I can have a little fun again...
Goldfinger.
You sound just like me. I felt like my hands were tied for any sore of trading when I made my limit orders this a.m.
Frustrating. I am sitting on SKF and QID calls. Let's not take too long!! The expire in April! :)
On a more positive note, I did flip a nice 1855-S Eagle in the coin biz. In at 4100$. Out at 4925$.
Rare puppy.
All mine expire in July or September, but I sure dont intend to hold them anywhere near that long.
Consumer confidence #'s come out tomorrow and there's all kinds of data coming out Wednesday and Thursday. I don't think we're going to have to wait too long for reality to set back in to the market. Just wish I had taken better advantage of the blue light specials.
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