Oct 21 2008

Looking at the bright side of things today

Published by at 2:58 pm under Trading Anecdotes

I suppose I can’t really complain too much today. It’s been a grind, to be sure. I had to write earnings previews on for stocks and will be listening in on a conference call later this afternoon. You know how much that thrills me. Here’s where the nice part comes in, though. This morning I suggested to readers of the product I work on that NILE was a good short play. At this writing it’s down 8%. I also indicated that in the mid-950s the S&P was a really nice risk/reward long play. It’s been up 25 points from there.

Call it a silver lining on an otherwise drudge work filled day.

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Read more on Blue Nile at Wikinvest

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