Chip, I can only react to what the market gives me.
If X unfolds I will execute plan A, should Y unfold I will switch to plan B- etc., Blow off top? Immense piggery in the market- I looked over a learning Annex brochure the other day here in NYC.
This place used to offer classes in pottery and yoga- close to 20% of the classes involve the market. i.e. Daytrader Class, Mutual fund trading class, Commodity Trading, Options Explained, 100%-400% gains are the objective for beginners in these workshops.
I love Margin and currently am 100% long and 80% short. Staying away from the high profile shorts this year, i.e. AMZN AOL YHOO etc.,
Working on numerous small positions which I hold onto longer.
ZONA, WDRY, PNDA-(Bid over 5 now) Watching HEPH, BFIT & ACLY for short position.
Long BROC, TMBS, CREAF, OMKT, CKFR- (If you buy on fear take a look at CKFR thread and trading action this week) |
