Friday update

After a busy morning not much else to do in the markets today. Also I left poker early yesterday with allergies and sinus problems and it looks like today its turned into a pretty miserable head cold:( So I am in for the day.

I have looked over baseball and hockey tonight and more then likely nothing today. Things would have to change quite a bit for anything to turn into a play.

A Comment:

“what is the difference between your swing trades and insider trades?”

The insider trades are based upon purchases by the cfo in the company and the hold time is usually around 3 months. The swing trades are about 1-14 day trades and are mean reversion trades.

If you want to learn more about the mean reversion trades I suggest you go to both “Ripe Trade” and “System Trading with Woodshedder”. Both links are on my site under the investing sites I frequent. They both are in my opinion the leading experts on this method of trading.

Also I am reading a new poker book that I highly recommend:

“The Elements of Poker” by Tommy Angelo

Tommy has given me permission from time to time to quote some passages in the book.

“Being able to quit well when you are stuck is an essential skill for long-term winning”

“The talent I’m talking about here is standing up and walking away at the moment when you know you really should, but you really don’t want to”

He has many great pieces of information like this through the book which I will share from time to time when I think about it:)


Twitter: rickjsportplays

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