Posted on October 18, 2008 by Jay Landry
How much fun is this market? Whether you are down or up, like a football game…it is very exciting everyday. Huge intraday point swings in the indexes. I’ve never seen the VIX up so high. It doesn’t seem like it wants to retreat. Until it retreats, every day the market is open it will be [...]
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Posted on October 10, 2008 by Jay Landry
Trading Portfolio
I purchased the SPY ETF today for 1/3 of my position. I believe we are seeing the low in the market and I am going to work in my cash position in 1/3 increments. I am now holding 356 shares at an average price of $86.36.
IRA
Still 100% sitting in treasuries. I realize that I [...]
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Posted on October 8, 2008 by Jay Landry
Today did not generate the action I thought we would see. Two days after an extremely rare big bottom, I was expecting to be down through the day and have a powerful rally going into the close up about 4-5% on heavy volume which would have created at least an intermediate bottom. We got the heavy [...]
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Posted on October 7, 2008 by Jay Landry
About 6 months ago I created a software program that analyzed the market. Nothing out there seemed to work for me to get an “edge”. Plus, I got tired of drawing a bunch of graphs and charts and dropping in moving averages, trend lines, etc. I wanted to see the market on my whole screen [...]
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