Welcome Back
Wednesday, August 22, 2007 at 11:34PM Chicago Midway Airport, Gate A13, Wednesday, August 22, 2007 5:43 p.m. Central
Here I sit in the stench of a crowded airport, hungry and tired, awaiting a 3 hour flight back to the good life.
Sweet.
Chicago has come and gone and I must admit, I had a great time. For all those who took the time to come up and introduce themselves, for those who took the time to meet with myself and the group (both on campus and off), for those who reluctantly decided to attend my presentations, I want to say… "thanks." There was quite a group of addicts that showed up to meet with the group after the opening reception on Sunday night, but only a few addicts showed up at the piano bar on Monday night (what’s up with that?).
Regardless of attendance we had a great time. Here are a few photos…
Here I sit in the stench of a crowded airport, hungry and tired, awaiting a 3 hour flight back to the good life.
Sweet.
Chicago has come and gone and I must admit, I had a great time. For all those who took the time to come up and introduce themselves, for those who took the time to meet with myself and the group (both on campus and off), for those who reluctantly decided to attend my presentations, I want to say… "thanks." There was quite a group of addicts that showed up to meet with the group after the opening reception on Sunday night, but only a few addicts showed up at the piano bar on Monday night (what’s up with that?).
Regardless of attendance we had a great time. Here are a few photos…
The Addict Family
Angela, Tonya, and Papa Addict
In Action...
The Marketcast Live!
Howling at the Moon
Having a blast
First, a few items of business…
I finally got to try the Chipotle Mexican Grill (CMG). The illustrious "burrito" that had always been talked about in the comments is going to receive a new nickname. "The bullet." Don’t ask me to elaborate any further. Although the market did finish up well over a hundred points upon consumption, I couldn’t imagine adding that do my daily repertoire. Giordano’s however, was a different story. Whoever offered the reco, I owe you one.
Returning back to the market after a vacation is always a complicated task (read: pain in the ass). It’s nice when you have multiple trades already in play to help absorb new trades you are looking to get into. But establishing a new inventory is going to cause some serious sensitivity between my account and the market movement.
For the last several days the only contact I have had with the market is through word of mouth, a couple glances from CNBC, and Fidelity’s ticker tape across from my hotel. I haven’t bothered opening my accounts to check positions or tally up my triggered stops, because I am not in the mood. In fact, it’s likely when I check things out in the morning; I might be totally in cash. Wouldn’t that be fun?
I plan to spend the rest of the week establishing a decent watchlist and surfing the comments for reco’s. Speaking of comments, I haven’t had the time to read them all, but upon browsing through them quickly I see a few things going on that I plan on addressing soon. I know it’s been tough to trade in this market, but keep your heads up.
In the process of meeting all of you, I appreciate the nice words and encouragement that you all had to offer. The insight has helped me to realize how important this community really is. Thank you for the perspective.
Well, I am officially back to business. I’m going to sleep. See you all in the morning.
I finally got to try the Chipotle Mexican Grill (CMG). The illustrious "burrito" that had always been talked about in the comments is going to receive a new nickname. "The bullet." Don’t ask me to elaborate any further. Although the market did finish up well over a hundred points upon consumption, I couldn’t imagine adding that do my daily repertoire. Giordano’s however, was a different story. Whoever offered the reco, I owe you one.
Returning back to the market after a vacation is always a complicated task (read: pain in the ass). It’s nice when you have multiple trades already in play to help absorb new trades you are looking to get into. But establishing a new inventory is going to cause some serious sensitivity between my account and the market movement.
For the last several days the only contact I have had with the market is through word of mouth, a couple glances from CNBC, and Fidelity’s ticker tape across from my hotel. I haven’t bothered opening my accounts to check positions or tally up my triggered stops, because I am not in the mood. In fact, it’s likely when I check things out in the morning; I might be totally in cash. Wouldn’t that be fun?
I plan to spend the rest of the week establishing a decent watchlist and surfing the comments for reco’s. Speaking of comments, I haven’t had the time to read them all, but upon browsing through them quickly I see a few things going on that I plan on addressing soon. I know it’s been tough to trade in this market, but keep your heads up.
In the process of meeting all of you, I appreciate the nice words and encouragement that you all had to offer. The insight has helped me to realize how important this community really is. Thank you for the perspective.
Well, I am officially back to business. I’m going to sleep. See you all in the morning.
Reader Comments (134)
liz
Hopefully, will be able to join the group in near future.
Thanks, Meena
glad you liked the pizza. I have it overnighted here once in awhile (in dry ice) for special occasions. A little taste of home.
Barbara & Dan 1 hr sw of Cedar Rapids, did you metion pheasant hunting, we need to talk.
Lori I used to live in the Okoboji/Spencer area for many years, we had a cabin on west Okoboji (WHY DID i SELL IT) we'll be in Okoboji 3rd week in Sept. for the pearch run, a yearly tradation for 30 years running now. I know right where Silver lake is located as I've fished it a time or two. Also been to Winna Vegas more than once.
Ladd I listed a property you might be interested in last night. I will be emailing pictures to you. Stocked pond with house and small cabin, deer, coyoties, ect. 23 minutes from Cedar Rapids.
What a great group of people here.
Michelle
Raimo I hadn't noticed GNK. I've been watching DRYS for a while and didn't really like the way it was forming. GNK has a much better set-up. I guess I am truly an addict because I want to jump in on it. I probably shouldn't though. But I like it.
PCU has also bounced back nicely. As have most copper stocks. Like so many other things, though, it's just not a good entry right now.
I know you said you like to see a stock touch several times to call it support. I am studying the AAPL chart. Where do you see support? I see maybe 125 and 130 as support. I used candles, so it may not be what you see. I have got to get better at identifying my support and resistance. Your help would be appreciated.
Thanks,
Michelle
P.S. I am not in this stock, just studying it.
GNK - I have no idea what you see there. Could you elaborate please?
On my radar this morning for possible bullish entries (though I'm not really bullish but if you can't beat 'em...etc)I offer:
HMSY - Flag (or pennant) waiting for breakout?
FTI - flirting with diag. support
As I am mostly in cash here this next week I will probably be looking for new trades myself so will be on the same path. My one put is moving up a bit the past couple of days as all homebuilders are doing (LEN) but still looks ok to me.
I have to run so will catch up a bit later in the day. Chris that horse rescue sounds like a great idea and something my daughter would love. Land around here is just too expensive.
It's near REE. It would be a bit of dip today but back up to previous high at least.
liz
Bounced off a diag trendline, formed a flagpole from $40 to $60, now getting ready to continue its trend and break out of the flag...hopefully, and in a good strong group..
AAPL
I have some level of support at about $128..
Michelle
BTW I played w/ an iPhone over the weekend and am ready to toss my treo in trash,besides the thinkanywhere pda software doesn't work very well. For me at least.
Chicago, was fun, educational, got to meet a few addicts outside of the gatherings (I missed the organized ones), got to meet Mr. Tall, I think I learned something.
Life is good!
Jamie