Check out this chart of the S&P 500 Spyders. Boy, am I smart. OK, so my stock pick (Open Energy, OEGY) is down. No sweat. It rallied last week and I'm hanging on. The REAL news is that your Swami Austin was dead-on August 16 when he said the little guy is always wrong. Go back and check me. I told you the market looked good because so many dopes were buying out-of-the-money puts.
The S&P 500 is up more than seven percent since August 16. Too bad I didn't buy the Spiders (SPY) instead of OEGY, the S&P index units jumping from 142 to 152.
Damn, I'm good.
Just not quite good enough to make any money yet.
Let's hope Open Energy fires up this week.
