Was this week enough for you all? A bit crazy for a week back from vacation! Heading down to the huge Bass Pro Shops in Foxboro Massachusetts tomorrow to gear up for fishing season! I am so excited.
Odds and Ends
I have not been doing any "Market Operations" posts for a while. There are a few reasons for that. One, most of my positions over the last 3 weeks have been ideas garnered from the iBankCoin 12631 service and thus I don't think it is right to hand out ideas found and worked on there. Second, most positions went no where and were either quick stop out losses for about 3% each or minimal gains when charts turned on the spots. Not much to report really. Third, I did two major mistakes over just the past 3 weeks that I was not too happy about and I was a bit ashamed to write about them. I guess I will tonight as a sort of confession.
The first blunder was I hung a position on the stock WNR (Western Refining) based on the belief that crack spreads being wide would result in big profits. I like the idea but the charts and the market were telling me it was a dumb buy. In around the $17.70 I rode that thing into earnings this week and it sucked. Sold out at $15.50 for a nasty loss. I let an idea get ahead of the technicals which is what I was trying to stick too. Poor discipline and poor execution. Ugh.
The second blunder was after a few losses last month and a bunch of stop outs for annoying small losses, I played a hunch. Big time. I have written before about the stock KCG (Knight Capital Group). I figured all the market churn from last quarter would be very good for their earnings report on April 20. I had plenty of open spots in my trading account, so I did what I should do, put 60% of the whole thing on one stock! Great going and a great way to go bust in a hurry. In after the Monday April 18 nasty sell off and sold late week for a nice gain. It worked out but it was stupid beyond belief.
Now that I am more settled in I will try to get back to doing things right next week.
Ok, let's get to Friday night, been a long week!
Friday Night Entertainment
Sharing the fun on Friday night.
By now you may have seen some pictures of the wrecked helicopter used in the raid to get Bin Laden. Geekologie has some info on the heavily modified H-60 Blackhawk:
See, the tin foil hat types are right, there are black, silent helicopters!
Top 10 Old School TV Shows
I don't watch TV anymore, but I used to watch everything and anything, hence my preternatural ability to find quotes for any occasion. I guess one could say about me that I have "A sleepless mind in his heart, and an insatiable personality" if you have read "Memnoch the Devil". In any case, I posted a clip from the series "Different Strokes" last night and reader David chimed in with a "Facts of Life" reference. This got me thinking about old TV shows I loved. Here are my top 10 oldies, in no particular order except the number one spot which was my favorite:
2.- LA Law
4.- Good Times
5.- Silver Spoons
6.- Battlestar Galactica
8.- Facts of Life
9.- Dukes of Hazzard
10.- Happy Days
I encourage all to make their own list and send it back here for discussion!
Picture pages, pictures pages, time to get your markers and your pencils! Not really.
For Mothers Day!:
see more Lolcats and funny pictures, and check out our Socially Awkward Penguin lolz!
Here is this woman trying to help poor South American children and then.....:
see more This is Photobomb
Like bunnies, but dogs.
Tunes for the weekend.
Reader Watchtower requested Queen's "Who Wants to Live Forever" and he even found a great live version:
EPIC FIND!!! Thanks Watchtower!
Ok, my friend JH was looking for some old school hip hop, but it's not quite my area. I will go with my favorite song of the genre, from that era. Classic Snoop with "G-Thang":
I was going to play SNAP The Power, but I just could not do it :)
In 1991 Ozzy had a new album out and I was thinking "he should hang it up!". Then I heard the opening bass line from "No More Tears" and knew the true Master of Metal was doing just fine:
This man IS metal.
The last time I played "Girls Just Want to Have Fun" the post had 34 comments and a great discussion with all kinds of readers. Can we re-create magic? Who know, give Cindy Lauper a chance:
I can admit I love that tune because I am a boxer and will beat you up.
Last two tunes, it does have to end, everything that has an beginning has an end.
Live performance of "I am the Highway" by my lost, but beloved Audioslave:
I would trade a number of silver ounces to have heard that tune live.
I am going with Cinderella's classic "Nobody's Fool":
Have a good night.