Monday, June 13, 2011

Hey! The Market is... Uh, Nevermind

So the market started off like it wanted an options week rally. Then, poof. Gone.

The overall sentiment is in the toilet. No matter how crowded the restaurants and casinos seem to be. I think the low growth environment is okay for those who have jobs, and frustrating for those who are looking for work.

Then the high fuel prices.

Last week, I said that it would be difficult for the market to go down six weeks in a row. I'll say the same thing about seven weeks in a row. It seems unlikely. But that doesn't mean it won't happen.

Still in my SPY trade, cash and low beta stuff. And the oil play. On the latter, I may just be in a buy and hold forever mode.

Taking this week off from weight lifting. Having some over training aches and pains. So I will be out on the bike instead!

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