Phantasmix

Phantasmix November 19th, 2008

I feel a little bit better. Won’t be selling the longs yet. 755 on SPX must hold.

I got worried when SPY wasn’t in the “Buying on Weakness” list, but at the end of the day there was some heavy buying - whew!

# R.on 19 Nov 2008 at 7:46 pm

It seems like a little bit of hysteria, do you want take a break?
# Phantasmixon 19 Nov 2008 at 8:18 pm

Hi R.,
no, I don’t want to take a break rested last week. I’m actually in a very cheery mood these days, hysteria was temporary.

I’m still mostly short, even when everyone keeps calling for a bounce. It’s just frustrating, I’m trying not to be so negative about stocks, but get punished for it.

Thanks for your concern.
# R.on 19 Nov 2008 at 9:57 pm

Ok, let’s call it sweet stockdrugs and keep turn it on
# ducati998on 20 Nov 2008 at 11:05 am

Kat,

Jumpy [us is usual] start to the morning in X

jog on
duc
# Phantasmixon 20 Nov 2008 at 11:13 am

Wow, it’s all over the place! $2+ range on such a cheap stock :-O
# ducati998on 20 Nov 2008 at 11:50 am

Kat,

3 months ago it was a $200 stock.
They still trade it as if it were.

That’s why I wanted it…volatility.

jog on
duc