11:07 PM central time, I should be sleeping but Im having a marathon web surfing night, got all 4 kids down (ok the older 2 dont require that much) and watched some baseball and then looked up ski trips, preferred securities, ski trips, read my favorite market commentator, Todd Harrison (only Doug Kass comes close, Todds humility and understanding of what Im up against everyday makes him my fave), and looked at ski trips again. Its snowing in Vail....heres the plan make some money, take off my positions and go skiing, get lost (not really) in the back bowls, enjoy the sun, rejuvinate, come back to work make some more money and then go back to Vail and do it again - Im sure the markets and my wife will be coopeartive in providing the money and the trip approval.
I had a moment today when I felt like I was back in the trading pits, a broker called up said he was putting up a block of stock, 500k shares, at a steep discount to market due to liquidity, in a name I knew, I wanted to say BUY EM, meaning buy all the shares, but I run a small fund and capital is tight. So I bought 50k shares, and sold em out for a $.22 cent profit over the course of the next few hours..If I could do that everyday (Id be GS)....
The SPUZ are trading down 3.5 bucks tonight, I would guess Asia is weaker?? Who cares - my mind is beyond exhausted, this month has been a battle so far, a tuff one...
Secondary score board in the morning....
Gnight
JB
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