Thursday, March 25, 2010

Price Action

That's pretty much all that I have been paying attention to in the markets lately. Which way is the price moving, how fast, and by how much. Stocks and currencies. Mainly currencies, mainly USD/CAD.

If the slave drivers at my university would stop slapping my face off with work I would be able to leave with my education in peace and pay more attention to investing.

Until I get my face back. Good day.

Thursday, March 11, 2010

Absent

That is what I have been from the fantastic world of stocks lately. I was and am still long various small cap canadian industrials and cyclicals with a side of bank of america dressed with a short USD position. That is the meat and potatoes, if you will, of my portfolio.

If the participants in this wacky market were a herd of sheep we would be a restless herd by now. We are tired of this range we have been kept in and can almost smell the bollinger bands tightening. Our anticipation for a move is growing, with anticipation comes fear, with fear comes selling.

I move back and forth through analogs and reality like federer and nadal playing for the cup.

Restless indeed.