Most boring week ever continues as everyone awaits the trumpster fire results of the G20
USO moving almost literally sideways on above average volume is fun to watch though
I am not bored. I am scared stiff, petrified and terror-filled.
I've been completely wrong since the September top - every short term move I do is wrong. So I'm particularly on edge - whatever it is that I do is not in sync with this current market.
I mean 99% of my assets never change, so that's not in doubt - I'm just talking my trading account, which carries my pride. It was doing fantastic until the Sept top, then it suffered a slaughter that has to be in the top 1% of slaughters.
My trading account since September is actually looking pretty good. Granted, I'd say about 50% of my moves ended up being wrong, but I've got a real, consistent winner that's keeping me in the green : GE. That pos has declined for like 22 of the last 25 trading sessions and I've been shorting it since October before they announced the awful quarterly results and dividend reduction. I think they will have to do a secondary offering or their bonds will get junk status. Either way, I see the stock going to $5, maybe further.