When I fall asleep, I dream of stocks and shit. Last night I had a dream about FTK. It’s all very vague to me now. But if I remember correctly, I Molotov cocktail’d their fucking HQ. Here we are, another day passing by, with the market doing all sorts of wondrous things. If I was a seal, I’d clap. But, since I am not a seal, I only plan to take profits.
I am down quite handsomely on my initial purchase of VXX. However, as always, intend to buy more around these prices, so that I might profit from the correction that is scheduled to commence.
When will it commence, you ask?
Answer: Soon.
With my money, I intend to bulk up on cash. And in my personal accounts, I will avoid riding stocks through earnings, like homeless people entering my subway car.
All in all, I’m doing well, with long positions in EMN, EWZ, CIEN, SHLD, GLW, TSO, BAC, IBN, just to name a few. As the market approaches 10,500, I will exercise caution.
Comments »