I woke up this morning to find out that my domain name was to expire today. After giving it some thought, I decided to renew the domain even though I haven’t done jack in pretty much a year. I don’t expect much from these markets anytime soon. I will say and it will probably bite me pretty hard, we are due for a sharp rally upwards. It could come as soon as today. I’m not saying we have seen the lows, as I expect much more downside in the future. Things are just down right nasty out there and I don’t think we have seen any light at the end of the tunnel.
As for stock plays, there is just way too much risk for my liking. Maybe if we have a major sell off in the indices (straight down) I’ll roll up my sleeves. I just don’t ‘trust’ these markets, you never know what will be said during the day change the direction of the markets intraday. I think I have better odds at the casino :(