Tuesday Bluesday

So after a lot of Reagan-isms and reminiscing, I decided to chase down the poem he used so eloquently after the Challenger disaster, it is entitled High Flight:

Oh! I have slipped the surly bonds of Earth

And danced the skies on laughter-silvered wings;

Sunward I’ve climbed and joined the tumbling mirth of sun-split clouds, – and done a hundred things

You have not dreamed of wheeled and soared and swung

High in the sunlit silence. Hov’ring there,

I’ve chased the shouting wind along, and flung

My eager craft through footless falls of air...

Up, up the long, delirious, burning blue

I’ve topped the wind-swept heights with easy grace

Where never lark, nor eer eagle flew –

And, while with silent lifting mind I’ve trod

The high, untrespassed sanctity of space,

Put out my hand and touched the face of God.

-John Gillespie Magee

I still get a little chill when I hear it-

In other news the 4-5 challenge has not gone well! The ANR trade should be covered now at 1.14- it could have been even less over the past 2 days, so that netted a very nice percentage over 70%, but due to curiosity the QID trade is an absolute disaster =) Again this is the reason for normally trailing stops, otherwise you lose your shirt! The C trade continues to look good heading towards its 44% goal, need to hold for a couple months still however. I still feel that the market is due for a nasty day or two- but whether it will allow us to turn a profit on the QID at this point is doubtful. However, I still need a down day before I jump into another position. Ironically even with our QID fiasco, we are on track to be up 10-15% if it all ended today. Or if I'd tailed the stop to 20% we'd be up that 20+% that we need to meet our 3 month goal.

Goes to show you that there is gold in them hills- you just need to know where to look!