Damn.

Man, isn't this one hell of a volatile market or what? I just snagged up some of the Aug 111 Calls of the DIA's. I bought them right after a rather substantial rally. CRAP!! Stupid me. Guess I'm just desparately seeking to redeem an already bruised ego.

Who knows what this week's gonna' look like, ya' know? Hundreds of companies are gonna' state their Q2 earnings, and you also got this awful situation in the middle East, so who knows what's gonna' happen.

AMD wants to buy ATI, a graphics chip maker. I gather this will be good news for the Nasdaq. However, doesn't really matter to me because 1) I don't have any QQQQ options and 2) this really IS good news for the Nasdaq but with the escalating crisis between Israel and Lebanon, who the heck really knows what will carry more weight???

Ugh, I need a cigarette. Haha. I dunno', I'll see what the Nasdaq futures look like tomorrow morning, then I'll obsverve the momentum of the market for the first 15-20 minutes of the trading day, and then just play it buy ear. Who knows, I just may have to buy some QQQQ puts, for good time's sake, huh? Wouldn't that just be too funny, if I actually freakin' made some money!

And just by the way, last Thursday's rally was just bogus.