Tuesday, April 7, 2009

Notes

Watch BAC report some positive earnings due to gypsy accounting rules and shoot up. Watch them.

I really have to get around to opening a forex account so I can short the USD vs. CDN.

Been watching a lot of portfolio managers on the Canadian business station. Bunch of green energy and gold clowns. There are patterns on the show, Trinidad Drilling seemed to be a consensus choice of the smart ones for a drilling play.

If the DOW actually does decide to go to 1000 (I did hear that prediction today) I'd probably look to buy Canadian banks. They are pretty solid and get hammered a little too hard due herd mentality.

I actually made a nice gain in this rally with some borrowed money. For the first time I see the sense in not being 100% long and have moved to a bit of cash with the gains. I'm learnin' folks.

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