The good –
Well, the markets are down sharply, but our WFC and other shorts are working for us. Apple is still up and Google was up most of the day until just recently when it ducked into the red now.
The bad –
The telecom stocks are really under pressure and if you have been waiting to start scaling into these, it’s probably a good time to start when they are being called “bad” by everybody you know.
The ugly –
Most of the markets today are just ugly. I bought some of that ugly stepsister Cisco and the ugly duckling Marvell this morning and the market took my head off for it.
Other than that –
Let the fish feed on their own for now.