What the Fuck is success?
•March 12, 2009 • Leave a Commentswing trade ENDP
•February 9, 2009 • Leave a Commentshould be an interesting week in the markets. swing trade should be fun, as loans ease to consumers n biz and as earnings calls/repo’s are amongst us, a bear-market rally shouldnt really be anything that you should take seriously as far as health. consolidation has to be in the 9s on the dow not on a 300pt spread between the 7sand8s. i figured id swing it with opening positions taken on one of the ugly days last week, should close-out this week, Monday would be GREAT if the limits hit. Friday would be fine though too. ENDP:
opened @ 22spot89.
easy out @ 24spot03.
“It has not been the path for the faint-hearted “
•January 21, 2009 • Leave a Comment
“In reaffirming the greatness of our nation, we understand that greatness is never a given. It must be earned. Our journey has never been one of short-cuts or settling for less. It has not been the path for the faint-hearted – for those who prefer leisure over work, or seek only the pleasures of riches and fame.
Rather, it has been the risk-takers, the doers, the makers of things – some celebrated but more often men and women obscure in their labor, who have carried us up the long, rugged path towards prosperity and freedom.”
-Barack Hussein Obama. 44th President: USA. Inauguration Speech. 1.20.2009.
2009: Flush or Bust, Either way…pay attention.
•December 31, 2008 • Leave a Comment
Sometimes ure Flush. And sometimes ure Bust. And when ure up, its never as good as it seems. And wen ure down u never think ull be up again….but life goes on. Goodluck in the next year, in the next leg of the race, in the next chapter of ure own figurative story of your life. If you can wake up every mornin startin tomorrow and realize that when ure flush its really as good as it seems, and then when ure bust ull definitely be up again, i promise you everyday will be the most amazing day of ure life . Ozzie Blaze. 2009, get em.
CMB$
•November 29, 2008 • Leave a Comment
CMBS. Commercial Mortgage Backed Securities. Although the prepayment risk is lower than a RMBS, CMBSecurities are not standardized. Given the default and reports which will be coming out as of the next week, a pullback in the markets should not surprise you a bit. Rather, anticipate it, judge it and watch if this next downtick will test bottoms [or either of the double bottoms in our case haha] either way we probably will re-test them. But at the least, calculate the spread between each day of next week and our most recent historical bottom .i.e. the lowest pt in the past 6 months. Calculate the spread for each day between that low-point over the 5 days of m-fri, compose the mean……hypothecate that number on a daily basis for m-fri and then a quick do the same for week ending Dec 5th.
Just talking to myself.
Happy Turkey Day!
