Even though we ended the day higher higher, it almost feels like we ended lower. Just look at GOOG & RIMM, both still in the red. How about COF & BAC, both continue to get merc’d on a daily basis.
Today’s action was less than impressive. Look for a few charts tonight.
If you enjoy the content at iBankCoin, please follow us on Twitter
exactly im feeling same
I started buying puts when the S&P hit 840. If we go up some more, no problem, but I think we could make a nice dive from here.
I’d really rather go long, but I don’t see it happening quite yet.
I take no small pride in being the first in the “longs” section of the SOY contest, Rage.
What must be embarrassing is the guys who are short AND down near the bottom… 😉
___________
can you put up a permanent link on your blog?
link has been up, under blogroll.
ahhhh.. down bottom right of the page — got it. Thanks.
Jake,
You’re in an ETF that is double leveraged. Therefore, if the game was a level playing field you’d have about 15% return right now, taking you well out of first long.
So solly.
I thought there were no ETF’s allowed!
Funny, I thought yesterday felt like an up day even as we were down. Bubble vision was pissing me off, we’re up “because of a better than expected housing number”. WTF, housing was and is still messed up with no real recovery for two yrs. Did you see Mr. Mortgage on bubblevision this am?
RC, I thought no stocks under 10, and no etf’s? WTF?
under 10 no good. ETFs were never in the rules.
doesn’t matter, those ETFs will be nuked.
Coffee anyone? Something brewing with Mr. GMCR today… http://finance.yahoo.com/q?s=gmcr