Closing Bell YouTubing
Well, not really much market commentary today. Since my good day on Tuesday I've stayed out of the market, save for longer time-frame positions that are doing fine with time premium melting away towards September options expiration on the 21st. For the short term swing plays that can last anywhere from minutes to a few days, I've gotten to where if I have any reasonable hesitation, I just wait for a better "feeling." Monday afternoon, I bought those puts without a second of hesitation and then rode them for every penny Tuesday, got out a minute before the bell -- and Wednesday the market would have taken back every last dime of profit had I tried to ride it for more. These huge swings are great, when you can catch 'em, but they'll kill you if you're not careful. So, weird week. Ended up pretty much where it started with lots in between. I was going to post something else entirely, but YouTube doesn't yet have a version I'm happy with, so I've got another treat. Think you could guess my favorite Led Zeppelin tune? Stairway, right? Nope. Black Dog? No way. Whole Lotta Love? Great one; but no. Dazed...
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