Market Update

My apologizes for lack of communication, I have been ill and am back in the swing of things. As for the market, we look strong here and the garbargio stocks are steady running: AIG, FRE, FNM, and ABK. This shows that big funds are ready to speculate, on heavily short bankrupt firms for a gamble. As for the retail front, DKS had a solid quarter, while SHLD had a horrfic quarter. On other nonrelated news, there is a rumor going around that John Paulson (billionaire hedge fund manager who made $24B on betting against housing - top fund guy right now) has built a $2.5-3B position in the U.S. Dollar. That is a variant view to say the least, especially how the "old news" of last weeks shows he bought $3B in bank of america (BAC). I sold my ADSK today for a slight profit and might sell my SVR for tiny loss to raise some cash. Bank of America (BAC) is still probably one of the best longs in the market, given the RSI stays bullish and we close above $17. Shorting this market is very risky, so I would rather be cash heavy than too short because the market is very strong. I added some TSO yesterday and my hurricane "trade" and might build further. If a hurricane slams the gulf, TSO will soar. But, as I said, it's a bet on mother nature, and UNG is a scam (or at least feels like it) so i need some hurricane to bring me out of the -15% loss on my position. AMD remains a loser and I hate it with a passion but will hold it out til next earnings report. I will admit, it is not looking in my favor. LPX is strong but I mgiht take profits abouve $6.25.