Friday, November 17, 2006


Closing Comments

Another day, another new high. This truly is the easiest bull market, since the parabolic market of '03. However, this time around, growth is slowing instead of ramping.

Once again, the semi's ramped and I decided to roll some dice on beaten down SIRI derivative SMDI. Also, it's worth noting, many micro-small cap stocks are exploding to the upside. I can't help but worry: Is the end near?

Clearly, the momentum is in the buyers court. Additionally, the private equity assholes are constantly on the prowl and seasonality dictates stocks should trade up. I hope it will be that simple-- considering I have hardly any hedges in place.

As for me:

I lost about 1% this week, despite monster moves in CORS and RIMM (both positions of mine). However, I remain arrogantly confident that I will knock the fucking cover off the ball by Christmas. If a gun were put to my head, in order to extract a stock pick, I'd say buy SNDK.

Have a great weekend.

My sentiments exactly - i have been writing over the last weeks that it is too easy. amazing. fun, but i know it will end.
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