Wednesday, February 28, 2007

Is it just a Pullback?

Dow Down 416 points!

But we're still here! Andy's brother, Jimmy, called early this morning to make sure we hadn't jumped off our roof-top pool deck last night. Thanks for thinking of us Jimmy! We might've jumped if we were in a bunch of stocks, but thankfully we only had two...which we were able to take a small loss or reduced profit during this "pull-back" in the market. I should say that we probably would've gotten into a bunch of new trades on Monday, but we were in an all-day long options class...weren't we lucky? We were originally only going for the morning session, but then decided to stay for the afternoon session as well. We feel that, for the first time, the trading gods were watching over us.

So, today??? The market has been very schizophrenic...at 9:40 am it was up 70 pts, at 9:50 it was down 15, and so it has continued. We might follow Brian Shannon's advice and just take the day off. But, we need just a couple of hundred bucks to meet our February goal....so we may stick around to squeeze in a day trade if we can determine a pattern to today's price movements.

1 comment:

Anonymous said...

Hi. Hope you two are doing well.

I ran across this singing couple on some RV web blog and thought of your scuba group.

http://www.laughingbirdmusic.com/DescHere.html#Anchor5

We are planning to be on the road (N. Calif, Oregon, Ft Collins) for 3-4 months this summer. May look for housing in Ft Collins.