Investing Adventures

No trades taken yesterday due to other commitments.  I was around in the morning and could have traded a perfect short on Visa but was unable to pull the trigger.  I’ve noticed that happening more and more as of late which reminds me of my trading fears about 3 months ago after the markets crashed about 20%.  But today’s another day and my account continues to grow from deposits.  Need to work on fear… must reread Trading in the Zone…

Crude is now over $125 this morning.  Be very careful.  As oil goes higher, there’s very little chance the markets can follow.  AIG also missed earnings last night which has helped put a damper on the markets this morning.  Futures are down about 90 points with fair value around positive 40, for a net difference at the open of about -130.  I don’t forsee this being a pretty day.