Wow. It's hard to believe that its been a month since I last posted. I apologize to the tens of you who read this :-) I returned from the conference in Florida to a family emergency that has consumed my time for the last month, but which has now, more or less, resolved. Trading has been sparse, though the naked puts I sold in May have gone way bad, then recovered somewhat. Those with July expirations came back enough for me to get out of them with little damage, and I have held on to a few I believe will be good to hold for a while (NUAN and SMSI are two of those). I've been working with a partner on a new Forex trading plan and it is looking promising. I find myself in the age old situation of not having enough time, but having money to invest. My partner is younger than me and has more time than money, so we are a good fit. He is also scary smart. We'll see how that goes. For now, I'm paying attention to the stock market and watching the financials. One of my portfolios is a covered call portfolio with only high yielding stocks. It is doing well, so on balance, the down market has not hit me too hard.
I read a very interesting book while out west on family business. I'll report on it next time I post. It deals with the author's belief that the U.S. economy is collapsing and what we should do to protect ourselves. More next time.
I read a very interesting book while out west on family business. I'll report on it next time I post. It deals with the author's belief that the U.S. economy is collapsing and what we should do to protect ourselves. More next time.
