Ready for another exciting day. Wondering how people will react to Wal Marts earnings

Working hard on research, Real Estate, Coffee, Smart Phones, Furniture and DVD's

Back at it

I haven't been posting since last year, now I am starting again. The market looks toppy and I am looking for things to short

Happy Halloween

Everyone have a fun and safe Halloween.

Will be enjoying myself with my son.

Are There Still Shorts to be Found?

After 2 days and 900 points down, I am still some how finding shorts. The market is moving so fast it is hard to feel safe recommending new ideas.

It is difficult to guess at a bottom.

I was speaking to one friend who thought the market would calm down after the election. I don't think that will make much difference but hopefully I will be wrong.

I saw 2 articles this week, one said the economy may not be in bad shape and another that said we were at a bottom. Taking a contrary view you would have to wonder about both.

When things are on the front page of various news papers bet the other way.

So, got to look forward to the world series. That should be fun.

A Typical Weekend

Since there is more to my life than just the money stuff. Here is a sample weekend (well, this last weekend):

After a bit of work on Saturday I went to a charity event on Saturday night. It was a gambling event and I didn't win anything. But I sure had a lot of fun.

On Sunday I spent the day with my son and ended up going to a friends house for an afternoon barbecue.

Sunday night we watched Pushing Daisies. It is a family favorite.

After my wife and son went to bed I watched the Rays beat the Red Sox and advance to the world series. Wow worst to first, what a great story. The eighth inning was great. But after blowing a 7 run lead in game 5 the rays gutted it out when they could have folded.

The 49ers lost to the New York Giants. They stink. Maybe they will play better next week.

For now its time to get ready for the world series.

Monday was Wild

The market has been crazy for weeks but Monday was really wild.

We were up 980 points a new record for sure. The problem now becomes, what happens from here. I think the market will have to at least retest or get close to Fridays low as a start.

Earnings are starting to come out and we will see how cautious people are and what tone that sets for the market. It could be very volatile from here until the end of the year.

I think that there will be plenty of stocks that will go down whether the market is strong or not.