Rather than breathing relief and piling in on top of this big two-day rally…
Kickin’ in the front seat, Sittin’ in the back seat
Gotta make my mind up, Which seat can I take?
It’s Friday, Friday, Gotta get down on Friday
Everybody’s lookin’ forward to the weekend, weekend
Friday, Friday — Rebecca Black
Yeah, I quoted Rebecca Black. Ha!
At least it’s Friday. What a crazy, exhausting, but eventually profitable week. The markets are up again this morning and have been steadily climbing all morning. Cisco told the world that the economy wasn’t imminently imploding and there’s a collective “what were we freaking out about on Wednesday” sigh going on the last couple trading sessions.
As you guys know we were buying intermittently on the crashes, especially having bought more Cisco calls heading into that very report, and rather than breathing relief and piling in on top of this big two-day rally, I’ve trimmed a little bit instead.
That said, I am planning on nibbling on some Adtran and/or maybe some VC at some point soon. Maybe not today though. It’s no rush.
It’s Friday.
Back in a bit with an updated list of my positions.