Out for a while...

I sold my positions in PTR, SU and USGL today all for small losses. PTR was particularly bad. I should have had my stops closer given the market weakness I doubled the problem then, rationalizing the positions because I still think all three are good long-term holdings they just may go down 35% more before they get back to business. I abused Barry Ritholz's number one rule..."Don't let a trade become an investment". Live and learn. I'm waiting to see what the Fed does at the end of the month before I stick my toe in again most likely. If I were in a position I would just short the Dow and Nasdaq with tight stops. I'll look into it more tonight.
Now that's a meltdown!

I had an unfortunate incident this morning. Someone broke into my car and stole some things. Couple of electronics worth 200$ or so. The criminals, in all of their intelligence, left the my 500 or so CD's and my $1,500 worth of golf gear in there. Way to go. Those losers are in trouble if I catch em'. I'm gonna beat em' for taking my stuff and breaking my window. And then I'm gonna beat em' for being so stupid. The city is getting old to me. My buddy Pete's brother and girlfriend just got mugged at gunpoint, another friend got jumped and had his jaw smashed in pieces by a guy with brass knuckles, just for his cell phone. Next time, take the phone leave the jaw. I'm gonna get out of here when my lease is up. I lost my patience with this area.