Hotlanta

As my roommate Ray would say, “Oh, you are in Hotlanta”. My whirlwind tour of the South is slowly coming to an end. I have decided to skip Florida and finish off my trip in Birmingham, (Maybe Mississippi to play golf with Shawn), then on to Baton Rouge, Lake Charles, then finally in Houston for [...]

Georgia Pines? Savannah Oaks!

Well today after having myself an aweful day in the market, I went back to my hotel room and fell asleep for about 2 minutes. Then, the fire alarm went off. Thinking that maybe the hotel was on fire, I put on my shoes and grabbed my laptop. Everything else can burn…well, except for the [...]

Caught on Wrong Side of The Road

What a nice day in the markets today. Every major average was up over 3%. First day of new quarter buying…I guess. Too bad I had the worst day in the markets in quite some time. Down 6%. That was really ugly for me.
I averaged in on some SPY April Puts and now I own:
April 30 [...]

Is it a Market Head-Fake?

Well today, I am in the house of pain. I was “early” in my thoughts that we would be down this week. In trading, “early” means wrong. I will take my lumps and admit that I was wrong. Self-flagellation is the mantra for the day today…it appears. Ouch!
However, I am a big believer that until [...]