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Viva La Q's

Posted on Friday, August 8, 2008 at 09:07AM by Registered CommenterOption Addict | Comments Loading...

Here we are...pinned back at the highs. So very fitting to leave off here before the weekend.

Speaking of weekend...

I am packing a suitcase full of fine suits, sunscreen, and $1 dollar bills and getting ready to head down to Las Vegas. I hear a handfull of you will also be in attendance, and I am pleased to hear that. In fact, I am looking forward to meeting all of you, and accepting your offers to treat me to dinner. If you are not sure what I look like, look for the 6'7" dude in an Option Addict t-shirt, sporting the semi-pro afro. More than likely, I will be somewhere between a buffet and the swimming pool.

In regards to the market, I feel a sense of redemption for buying the dip in stocks yesterday. It helped me enhance gains heading into today. However, I will be taking profits on mostly everything and setting stops on the things I cannot afford to let go yet. I hope to maintain a stress free inventory heading into next week. Props to the Macro Maniac for being the lighthouse in a thick layer of fog that this market has been over the last several weeks.

I am going to try and bang out a watchlist review via video today, and get a head start on next weeks watchlist by conducting some research this afternoon. If you have any ideas to share, I am listening.

UPDATE: The averages are pressing higher, the Dow just printed...

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