Monday, June 30, 2008

Very tough spot here

Better to just try to pick some day trades for a couple % until we get past this week and get confirmation.

4 comments:

Latviski said...

I agree.
I'm all cash. :)

Maybe will scalp a few if I see the opportunity, but would rather wait out the data feeds...

Latviski said...

Haha -

I just noticed the link to tickerforums says 'thanks latviski'.

LMAO.

On another funny note - GM now has a dividend w/ 8.7% annual yield! (of course due to awful decline in share value) ;)

Ron said...

Sure, buy GM and they give you 8.7% to compensate for the 10% loss...

Latviski said...

Hehe - more like 10% loss PER MONTH!