Had I not sold my RYJUX for a biotech the other day, I might
have sold the 1000+ shares of Rydex Juno for $17.38 today--
and pocketed $700.
Well, now that biotech and the ryjux are both out of the
account, I think I'll just sit on the cash and do nothing.
It is easy to be out of phase with the pulse of the market,
or maybe it really is a random walk, whatever.
I expect to keep my thoughts to myself as to trades and such,
and I'll probably be skipping the next 'picks of the quarter'
contest. You wouldn't think beating the S&P would be all
that tough, dang. My final score will be something like
Cashboy $100, and the S&P500 today was ~$103. And that
is with a handful of trades, how I failed to beat the
market, dunno, well wrong stocks obviously, and not so
good with timing. I am glad INFI went up at least--and I did
make a few grand profit on that this month, so that is
okay I guess. Do that every month and it is not such a
bad hobby--but I think it was just luck. Damned if I can
follow any of the chemistry, and I really bogged down on
the Kosan mystery. I suspect Infinity is just fine, their
formulation IP is good--but the field is a little crowded.
I can step away from all this and reevaluate. Maybe find
some trading vehicles that I have not looked at in awhile. |
