Saturday, 8 August 2009

Confidence Lacking

Must confess to being risk averse this week and missing 2 possible combo's and an opportunity to turn my long 4800/4850 ftse call spread into Xmas tree. Looking at forex and trying to determine background trends.
Goldmine continues to mine gold, Berkshire Hathaway makes a profit, so everything is back in order. I'm not fighting the tape, here but concerned that as recent evidence suggests, selling option spreads is not a viable business and has not been for nearly 2 years. Vix is low, so, as is my plan -it is vital to try and leg into trades, to get the appropriate bang for yer buck. Just have to take those trades-simples.
I still have no idea what the point of Twitter is or how it is supposed to be used, but I don't think that makes me a bad person

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