Archive for August, 2005

Here’s the comment I just left on Seeking Alpha’s post about financial blogs and potential conflicts of interest.
There are some good points made by the commenters above so I’ll keep my comments real brief. I think that anybody who acts upon an investment/trade idea without doing their own analysis, in whatever form, is foolhardy. [...]

I’m sitting here listening to the Georgia Governor telling people to stay calm about the rising gas prices but I just came in from a short trip to the store and it’s getting hectic out there. I headed to the store at about 4:05 PM today and noticed that the station closest to my [...]

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It’s simply amazing that a company could put out such a misleading press release in this day & age. CAFE finally made a statement about their release from July 12 that sent the stock soaring:

Host America Corp. said Wednesday that while it believed there was an oral understanding between itself and Wal-Mart Stores Inc. [...]

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Seeking Alpha has a couple of important posts about blogs and conflicts of interest that I encourage all of you to read. In the first post David, the author, asks:

With (often anonymous) blogs, how do I know what I’m reading is accurate?
How do I know that the author isn’t trying to “pump and [...]

Well it’s Wednesday so we’ve got oil inventory data being released at 10:30. Seems like every week there’s more & more drama around these reports. So you know I won’t even be thinking of initiating any positions until 10:45 or so.
Speaking of oil, Duru forwarded ths WSJ article to me — [...]

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Stephen Vita dropped a bomb today as he revealed some new features for his site. He also said that access to the site will cost $23.95/month. That brought out a slew of comments from Stephen’s readers, mostly against the new fee. It’ll be interesting to see how this all shakes out. [...]

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Some quick notes on the Nasdaq chart:

Potential swing trades:
Longs - None
Shorts - None
Potential day trades:

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Obviously today’s gonna be all about hurricane Katrina and oil. There are plenty of hurricane related movers on the Briefing.com list below.
On a related note, it looks like we’re going to get a taste of Katrina here in Atlanta tonight and/or tomorrow. I’m a little concerned about the power going out so if [...]

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Last week the following question was asked of me about trading journals:

This expectancy stuff is very intriguing. I plan to take advantage of that concept immediately. I have been keeping a log of every trade I have done, but I have not kept track of what I now wish I had (overall market sentiment, etc…;). [...]

Wow, 2 tips in one day! I guess I’m doing something right… The mailwoman just dropped off a nice little package from Amazon. A big thanks to a long-time reader of mine, Keith, (aka MouseFinger) for hooking me up with 3 of my most highly desired CDs from my Amazon wishlist. [...]

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