I'm not doing much other that watching nat gas dropping. Lumber's holding its level, but nat gas is dropping multi-year low and it's pretty fast. I put an order to sell 3.5 put back in case we get some panic selling. I'm holding 2 nat gas out right now.
I'm looking to build a house, but I kept telling myself I should wait until I get flat in case markets do go against me very badly. Maybe instead of losing money, I should just sell everything and build one. I've been holding lumber over an year, and I don't think it's because I'm patient, but because I'm stubborn.
Time should tell. I'm just a bit tired of living in a tiny apartment for a long time!
Friday, March 27, 2009
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