Whoops

Well after this large market swoon perhaps now is the time to do what i previously purposed with those same companies. What a difference a few weeks makes? The companies must of all had huge write downs announced cause how else can you explain them all falling 30%. The markets are efficient after all right so this can be logically explained right?

My logic would be these companies were over bid with leveraged money and many of them still aren't making much money at record prices for gold, silver, oil, etc.

I have as usual done little or actually nothing with my investments except to add to my ever growing watchlist, delete a few (LEH,FNM, which i watched for fun) and join a few contests.

I like contests. Especially ones with good prizes. While Wallstreetsurvivor.com has some interesting and less enticing prizes it is still better than no contest. I dislike this contest because my focus on Canadian companies does little for me since its only US companies or dual listed shares. BUT..

enter the latest contest @ stockstar.ca and its filled with great prizes and canadian trading. 'd2cold' is my ID, which it always is, and i plan to use my usual 'go for broke' strategy which has served me well in contests.

I of course would never use my 'contest' strategy with real money, but its fun to see what would happen if i ever had the guts.

I updated my networth much to my dismay as my registered account fell 10% in the last 3 months and thats including adding an additional 3%+ via dollar cost averaging. Ouch!

I've been too burnt on buying BVF calls this year, but it would have been nice had i bought Oct $12 @ Thursday's close. Its almost doubled by Friday's close. Hmmm.

I may sell puts on CDE if i fell risky and buy perhaps DML, CCO, TLM, SLW. Well see i have others on my 'want' list too.

DH