Wednesday, December 06, 2006
My oil positions had a good day, but sold off towards the end of the session.
In short, today was mundane and entirely uneventful-- with the exception to the asshole who was heckling me in my comments section.
Aside from the Homebuilders, I liked the action in the Networkers, specifically CIEN, EQIX, GIGM, DIVX and JDSU.
Bottom line: I have a lot of cash piling up and nowhere to invest it. Hopefully, the market will dip a little, so that I may instruct my servant/trader to go ahead and dip-buy.
Did you buy any gold today? Looks like Europe is going to raise rates, should cause another sell off in the dollar.
I also like companies in the housing market, but it seems there are few good investment choices in that segment other than my current position in BXC.
I want to short Canada, because they suck dirty pee-pee.
I'm starting to get a bit of cash built up again as well. Don't know when I'll put it to use, probably after the 1st of the year (on a pullback of 5-8%)
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