Saturday morning of a three day weekend and I'm at the computer trying to read the tea leaves. Going through earnings reports for next week and damn there is a TON of them. No less than 33 companies I follow report on Tuesday. I'll be spending a good long time going through the week's list. This exercise isn't going to make me any money. The idea is to keep from getting blown-up unexpectedly.
Funny. Friday afternoon (after the close) I'm in the shower and I think to myself- "you know I probably should be doing my earnings (to report) list on Friday because if an issue held reports on a Monday morning I'm screwed." Sure enough. I go through this excruciatingly long list of reports for Tuesday and get all the way to the U's and there it is, the one that's going to get me- UAUA. That thing will move 10% in the blink of an eye. Truly it's a beast. My 200 share short position could impair me to the tune of a G-note, no problem. Nice. Vegas style. Have that to look forward to when we return on Tuesday.
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