Thursday, July 13, 2006

Thursday

Interesting day - I left around 12:30 to go play some golf thinking that the market was heading up. It didn't. I doubled up on HANS this morning and bought BEAS, SNWL and FBR. INTC stopped out. FBR also stopped out but I'm still holding BEAS and SNWL. I think INTC will eventually go up but I'm going to wait until it hits about 18 until I buy back in.

I think that the market should pause in its downward plunge tomorrow. But it may not. If it doesn't and the Q's are down after 45 minutes I'm going to buy some of the new inverse ETFs and say oh well - it will be back someday.

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