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August 2008 Archives

Is this real

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Consumer

It appears that the market has found a bottom. The rally is getting stronger and stronger. The next round of competition most likely give us a very good environment. I can not wait. I do hope more people stay around, so that I can compare among them.

Round 3

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mail

Will there be a strategy lab open round 3? The official strategy lab competition is well underway. But I can not find any information of the next round of open.

Money management

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cross

Lately I heard that a guy lost $120K on FNM. After 10 years of working hard, all he left now is just something in 401K. He is thinking to withdraw some of this to cover the loss. He thought FNM is low enough now and should rebound from here. What do you think?

Still on the sideline

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zoom
The market is still treading water, up and down going no where. I did not make any trade since the end of SLO2. It is very boring. CD might be better place to put my cash. Somebody pointed me a great bank offering 7.5% 12 month CD. The catch is that it is off shore and not FDIC insured. Do you think this is where I should go? :)