It’s a day to kiss the kids and kick the dog.
A bad day with a sloppy close, like my third marriage.
I was just counting and own 40 different stocks right now and a stupid small trade in homebuilders. I actually had stocks up:
GOLD and LIFC
Twenty positions were just smoked and the rest were paper cuts. Monday could be very interesting.
The US dollar has become a joke and there was a fligh to Gold today which surprised me. I was thinking of adding some bullion but too lazy. All the milkshakes to stay cool have made me sleepy.
Love to see 11,900. Lindsay could hug some bulls and we could move on. In the end, the bankers got their way with their credit bubble and those that own financial stocks are feeling the pain the most. Further weakness will take down the leaders in a very fast manner. That’s just the way it works.
My best trade this week looks like my Apple sell.
I will do very little next week. In New York.