http://www.stockrake.com

What a new title? Something different? Yeh I’ll try it.

What Worked Today:
Going short this morning with the indexes. Made a little bit of scratch there.

QQQQ puts – Got in the May 48s saw 11%, well my computer did, I was working out when the price action hit, but managed to sneeze out 2%.

I think the market is going down again tomorrow because we didn’t get much of a retest today. The market was curiously strong like that breath mint Altoids. If we get a gap down tomorrow, I’m a buyer. I’m a buyer of the dips period all week long, but I want it to get scary before buying calls.

What Sucked Today:
MSFT – Lost a little on the day. I tossed MSFT for a 4% loss. I don’t want to sit around and watch better opportunities go without me on board like my favorite stocks I’ve only caught a little bit of: JOYG, CLF, DRYS!!! That mother f’r hit 90.

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