Monday, February 2, 2009

What a Game!

First of all, I was stopped out of my last position today, ACM short, at $24.39 for a 7.4% gain. I really enjoyed not caring in the least what happened on Wall Street today. From what it looks like, it was another choppy day that I am sure was a lot of fun to try to trade (yes, that was sarcastic.) I don't plan on returning to this chopfest until I get a really good risk/reward setup on the overall indices and we definitely don't have that now. No edge on either side from what I see. Why try to force a trade when it's not there?

Now onto the game. As a Steelers fan, it was obviously awesome and it is easier to talk about it since they won, but I would assume anybody that loves football had to love that game. There were so many amazing stories and plays - the biggest lead ever blown, two lead changes in the last three minutes of play, the longest play in Super Bowl history, and then the final 88 yard drive that won the game. Last year's game was amazing, but I have to say this was probably better by a smidge, although I am obviously biased. ESPN ranked the top 10 Super Bowl plays of all time and three of the top ten and two of the top three were from this game. That's pretty impressive.

I do feel bad for the Cardinals and if anyone else besides the Steelers were in the game, I would have been rooting hard for them. Kurt Warner is about as classy a guy that will probably ever play in the NFL, and is one heck of a quarterback to boot. He is a strong Christian guy and the things he does off the field are absolutely amazing. I watched Larry Fitzgerald in person several times in college when he played at Pitt and besides being an awesome talent, he is also a humble guy. I was always impressed when in college, after coming down with a crazy touchdown grab, his response was always to run to the ref, hand him the ball, and run back to the sideline. I hope he gets his championship at some point in the future.

I'll be around so if you have any questions, feel free to ask or email me, but I am going to enjoy not trading or following this crappy market while I can, possibly for a while. Take care.


Gio said...

Cardinals let that one slip through their fingers. they really fumbled the game. but the 4th quarter was one of the best I've ever seen.

As for the market, I think the close favored the bulls. this tape is a stock pickers tape- I've been getting buy signals and short signals.

btw, you track silver or plat?

Mac said...

I haven't looked too much at the precious metals but I keep thinking it is just a matter of time that inflation starts coming back with all this money they're printing. I don't pay as much attention to it as I should.

Anonymous said...

Mac, forget about the game its over congrats if you place a bet on Steelers. Whether you want to sit on your hand or not, you still gonna keep yourself in touch with what happening in the real world right??

Mac said...

Anonymous - thanks for telling me what I should do and how I should live my life. I really appreciate it. What part of "totally news-driven market" don't you understand? There is NO EDGE right now. None.