On my seven month winning streak I have settled into a now familiar routine. Lately at least that partially consists of finding stocks to sell and cursing bulls.
Now I sit on the sidelines feeling like I have no purpose or utility. Spent the morning watching cartoons and "The Cosby Show" and "A Different World" with my infant son. Always liked Dwayne Wayne. Sinbad is cool. Had some leftover pasta for lunch.
Keeping an eye on the market as it yo-yos back and forth wildly and without any direction. Trying not to watch too much. As much as I want to be out, looking at it makes me want to trade it.
Historically I'm not too good at sitting on the sidelines. No matter what my instincts tell me. Couldn't resist entirely and shorted some LAZ- low risk with a stop just above $35. See.
One parting observation: Jon Stewart desperately needs his writers back.
UPDATE: Closed LAZ short for quick lunch money profit. Bet it goes lower from here but I'm not putting any money on it.
Thursday, January 24, 2008
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