Slow Motion Decapitation

Today I’ve felt completely out of sorts.  The markets are levitating above their highs, yet I’ve only mustered the courage to buy more CMG.  Everything else, I’ve only stared at.  I keep checking in on BBY aka Best Buy.  This was my top pick going into the Super Bowl yet I sold it for a small loss.  It’s been non-stop ripping ever since.

For a while today was just another episode of Raul’s portfolio makes new highs then VHC died.  I have a tiny VHC position, I’m about to not have said position.  Holy binary outcome, yes yes?  The devastation of the name is enough to drop my portfolio by 30 basis points so I’m not exactly putting my head through sheet rock over here.  Nevertheless, I am dissatisfied to be knocked clean off my high watermark.

I don’t want to short the indices because I have no signal telling me to do so, yet I’m not confident in many of my longs.  Not even CREE.  I’m sitting on several 20 percent gainers here and a huge cash pile and I feel like a stick in the mud.  It could be this head cold I developed upon returning to the arctic north, or it could be I don’t have twitter running, or it really could be a hangover from being fired from iBC.  I need to find some motivation.

I really don’t want a huge cash level, but it seems like the only option as my brain is currently on sabbatical.