SPY – Just Covered and Went Long… also QQQQ
- Posted by Howard
- on January 9th, 2008
Just a gut feel here so wanted to blog it.
I have been stopped out of 10 more stocks the last few days…BBBB, SINA, CTXS, TASR and some solar crap.
I did buy more Apple below $169 and some Chipotle’s.
Dow down another 80 and I am replacing the lost stocks with some equity indexes and QQQQ.
Nothing too big. Keeping it simple.
A few more days like this and Apple and Chipotle’s may be the only stocks I own. What the hell happened to Garmin by the way. Wow how past darlings die fast.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Born in Toronto, lived in Phoenix for 20 years and now in Coronado, CA with a loyal wife (15 years, 14.2 Canadian years), two awesome kids and a dachshund. My current start-up is called Stocktwits and I am a co-founder and CEO. More »
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