New Feature

I've added a new area to the right to show what I have my work 401K money in. I will try and update this if and when I make any changes. I got my hands spanked for changing these investments too frequently so I can only make changes once per quarter, that is why I reviewed things today and got out of one fund. It is interesting to see that the real estate fund has far exceeded the others this quarter. Growth has also favored value, which makes sense to me in a better market environment.

I am already excited for end of year evaluation and goal setting. With a quick look back I have failed many of the goals I set for 2009. More later...

Book review

I ran into the video I will try and attach on a site called misstrade. They have some interesting interviews, not always with traders. I read this guys book Confessions of an Economic Hitman after picking it up for a few bucks. It was an interesting read though I am not sure how well his idea that a few powerful families control everything will stand the test of time.

John Perkins, Confessions of an Economic Hitman and out soon Hoodwinked (11-10-09) and MissTrade, Matt Davio talk Hitmen from miss trade on Vimeo.

Happy wedding

Yahoo had list of most popular youtube videos, this was one of them.

CNO

I might live to regret this but I sold out of a recent purchase in CNO for a very small profit(in 4.77, out 4.91). The stock offering news has me worried in a fundamental sense, I'd rather not lose. The chart still looks good but it is not for me any longer. I think this one will stay back burner for quite a while.

Boring market

This market has me considering some bad moves, need to just sit on my hands and see which way things go. I have not worked much at this the past 2 weeks, allowing distraction to occupy me, this should change after another week or so. I remain in some oversized trades in losing position. Even though at a loss they have not clearly broken down. I will give these some time, wish I had stuck with ETFs in smaller size. Failure of these stocks will have me revert to this again.

I am increasingly aware that guys like Tim Sykes that trade very differently than other market participants have an edge in the trading world.

Short side

All three of my short ideas have come down nice! So has what I own, but not the 2.4 - 6% I see today.

This is nuts