Wednesday, March 28, 2007

Bernanke's Question Time

Bernanke always looks nervous, almost as if he's about to cry when he's being questioned by the Senate Banking Committee.

Anyway, he said what I was expecting: construction slow, housing slow, rest of the economy booming or stable. Yes, the Sensei does have a crystal ball.

Pigs Get Slaughtered

I bought a 26k position inValero earlier this morning and rode it to a $250 gain.

I got greedy and held on till all my gains were nearly wiped out.

I walked away with 17 bucks after commission/margin fees.

I need to develop an out plan that I stick to! It will help me steal money away from the novices.

I would have sold before Bernanke's comments today if I had done my research for today's trading.

Oh well, live and learn and then get Luvs.