Bought ultra-short S&P 500 ETF (SDS) at $82.36.
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Bought ultra-short financials ETF (SKF) at $124.76.
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Sold 3/8 of my AIG position at $1.85 from a cost basis of 4.74375. That's a loss of 61%.
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The Wedding Present - Ringway to Seatac
Markets and music. They go together like chocolate and peanut butter, right? But with alliteration. Then there's the old trope: "Bulls make money. Bears make money. Pigs get slaughtered." This bloggy beast is my forum to post investment ideas to avoid the stock market from becoming a slaughterhouse. And to impose my meandering musical preferences on unsuspecting readers. Step up to the trough and enjoy the slop.
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