Poor Meghan.
I was barking out orders from the hockey bench through my helmet for her to enter at Interactive Brokers. I definitely was not planning to do anything.
Lot’s was lost in the translation now that I am looking at my account.
I bought SPY at $128, Google down $50 (twittered it) and a pile of First Solar and MOS right near the lows. Letting go my Apple at $138 on the open and seeing in at $128 somehow emboldened me.
I kicked out the SPY and Google near the close but Meghan actually oversold my SPY and doubled down on my Google so I was short SPY and extra long Google by the close. Interactive Brokers liquidated my SPY though so not too much damage on a great day. If Google could gap up 20 tomorrow, she may get a raise.
Holding Google, WFR, First Solar and MOS as a proxy for a continuing rally. It could end overnight.
There is no leadership but as I said in my last post, the financials had crashed and a 10 percent rally is not out of the question. I am using the highest relative strength leaders as a proxy as I always do. Firthermore, when Phil sent me that E-Trade stat in the middle of the day about logins, you knew we were close to a big rally. Ifyou are not following Phil and Andy on twitter, you are crazy.
Hockey was a freaking blast today. For Canadians, playing hockey with your buddies at one of the mecca arena’s – Montreal Bell Center – is heaven. No goals, but I set up one and had a few chances. One more day of hockey and than finally home after two weeks on the road. My longest time away since my kids were born. I miss them and Ellen.
Hope you caught some relief today, but don’t expect too much.
After a bit of digestion (few days), I say a 5-7% bounce, but I still think there’s more downside to this chaos. Maybe I’m wrong, but I think everyone will use these bounces to sell out thus giving us a classic something-or-other, but not like it was in the past (though it’ll look so familiar (kinda like a 3rd Uncle Pete)).
you can buy/sell stocks at IB from your iphone or other web enabled device, works great, simple interface, you would love it
Ha! Meghann survived. And learned many an important lesson via Interactive Brokers and Howard Lindzon. Cheers to a new day!
That Meghann sure is a trooper! But she must have a great boss and mentor too.
Hey Howard….I may have missed this, and I promise I searched your archives, too.
What are the twitter “names” for yourself, Phil, and Andy?
CHEERS!
D
She should get a raise anyway, she’s adorable.