It isn't just a single incident that set me off yesterday, it's rampant. It's every where. They live above the law, until their caught, and then fix it and apologize, and then carry on as if nothing happened. Every once in while we, the public, get thrown a bone like poor Ted Stevens. What he did was wrong, but very small potatoes. Sometimes their crimes are so heinous and obvious that they have no choice but to do something (unless your Ted Kennedy) about it. Like, say....,when a bag full of cash makes its way into your freezer.
I didn't take the NFLX or DXO trades today as was considering, but still watching both. I still believe oil will run back up soon and will find a way to play that without much risk. DXO has been giving up a lot more lately than it gives when oil rises. The reason I suspect is the trend down.
I bought SPY puts at the close, am still holding STEM (dog) and SLW. Sold my gold play, AUY, at the close for a profit. I believe there is way to much talk about gold these last few days in the press. Bought GIS puts today am still holding. For the day I was down slightly due to STEM and SLW.
Silver futures were up nicly today, as was SLV, but the mining stock I am holding, SLW, was down significantly. MMMM. Have to investigate that tonight.
SLW, the mining company, is on top, then the silver trust and below that, silver futures.
Point is, mining stocks do not always follow the commodity they are mining. The company still needs thorough research. OOps!!
Tibet, China?? or....very sad.
