Some Late Day Thoughts

What a day, what a week.  And its Tuesday! 

A few thoughts late in the day…

* The VIX goes green!  A miracle!  I can’t remember the last time I saw it peak its head into green territory.  I’ll be reading the options guys for their take, like Bill Luby and Adam Warner.

* Things may have gotten overdone to the upside intraday.  The $CSCO “news” was the ultimate non-event and then the fireworks started when $AIG, $FNM, $FRE and the rest of the government-assisted training bra gang took the wheel.  A blow-off was almost preordained once that nonsense got started.

* Howard once said that when the market is trending, you can’t think.  I completely agree and the late day sell-off gives me a chance to concentrate on what’s working, what isn’t and what I’m missing. 

* I’ve gotten really good at tuning out the whole regulatory reform debate.  I’m amazed at how hard it is for people to get how little it matters right now.  Nothing will happen on banking reform until late summer – until tough talk is needed as window dressing for the elections. 

I was going to work late tonight, but on second thought, its too nice nice out here in NY. 

Cheers, thanks for reading today.

What's been said:

Discussions found on the web
  1. nhạc chuông commented on Sep 14

    … [Trackback]

    […] Here you can find 59532 additional Information to that Topic: thereformedbroker.com/2010/03/09/some-late-day-thoughts/ […]

  2. Disposable Ponchos commented on Sep 19

    … [Trackback]

    […] Read More on that Topic: thereformedbroker.com/2010/03/09/some-late-day-thoughts/ […]

  3. eatverts.com commented on Sep 21

    … [Trackback]

    […] Read More Information here to that Topic: thereformedbroker.com/2010/03/09/some-late-day-thoughts/ […]

  4. econo lodge commented on Nov 22

    … [Trackback]

    […] There you can find 15216 more Info on that Topic: thereformedbroker.com/2010/03/09/some-late-day-thoughts/ […]

  5. replica watch commented on Dec 31

    … [Trackback]

    […] Info to that Topic: thereformedbroker.com/2010/03/09/some-late-day-thoughts/ […]

  6. digital transformation journey commented on Jan 16

    … [Trackback]

    […] Read More Info here to that Topic: thereformedbroker.com/2010/03/09/some-late-day-thoughts/ […]

  7. Zenoah BT251 manuals commented on Jan 19

    … [Trackback]

    […] Read More Information here to that Topic: thereformedbroker.com/2010/03/09/some-late-day-thoughts/ […]