75 basis point cut, 650+ day movement on the DJI, sectors soaring and falling like rocks… It has been a wild ride. Click in to read about the week that was, and what I think will happen over the course of 2008.
Well, well, well… That was a pleasant surprise closing in the markets today.
Let me update you on the paper money portfolio.
This morning, right after the opening when things were in the toilet I was filled on all five of my positions. Of course, having a great broker I received price improvement all every last [...]
Okay… So I think this is the bottom.
Could I be wrong? Yup… If I am I may blow through about 100K of the paper money account, however I don’t think that is going to happen. I’m working on a series of positions right now. They are along a ton of different ‘minis’.
When I get fills [...]
It had to come soon, we were simply way to oversold. Time decay is really on our side now. If the RUT can hold the current levels until Monday then it shouldn’t be too hard to get away with a decent profit.
The major indexes today staged a late day rally that really helped. [...]
