Deep Market Thoughts...So Many Questions

Some trying times for people no doubt. I don’t think the actual indexes gave us any answers today. The market just feels more rigged than ever.

I did four things today –

1. Stopped miserably out of Interactive Broker (sorry to all that own with me). If the center holds, this stock will be back with a vengeance.

2. Bought Amex and Goldman Sachs for the kids.

3. Shorted NDAQ (just a trade)

4. Put trust in my blog and twitter community for market commentary

I think the old me, pre blog, would have been overtrading and in bad position coming into today. All the work seems worth it with current market conditions.

I only have questions today, no answers.

Despite CNBC calling Citibank the ‘Buy of a Lifetime’, is it next to fail ?

Why did the FED decide that 7,000 plus Bear Stearns employees were more expendable than backing all of the commercial paper of Bear Stearns? Just seems too rushed by the FED.

Will the central banks stay as coordinated as they have been or will it splinter and get even more chaotic? No one seems to be factoring in a rogue central bank that panics as much as our FED.

The internet bubble never really bothered me. There were a lot of Putz’s’s making money, but it was very well contained.

This mess is just viral and not contained. There were TOO many Putz’s making money.