Monday, March 23, 2009
Runaway Bull Market - Trades March 23, 2009
[Alright, I just about doubled my FAZ position again today at approximately 25.50. And added a little SRS at 50.00 in my retirement account.]
What may have been the most frustrating part of today involved my father.
He was over to *help* with the kids whilst I did my taxes and octupled up on leveraged short ETFs.
I had to bear listening to him on the phone SCREAMING at some salesperson for his local newspaper (telgram.com) because they wouldn't give him the same 13-week deal for his subscription renewal as his buddies. The difference between about $51 and $66. Yeah, it was over $15.
My father, an otherwise gentle man, was irate; and demanding to speak with another representative.
Now between what I lost today and the taxes I have to pay Uncle Sam in the next week or so, I am out a hefty six-figure sum.
Yet, my father was more ape-sh*t than I was. And THAT was what was really chafing me!
Seriously, he was far more upset than I was today. This reminded me not that *money is relative*....but rather that *money is merely sand* - though with the power to torment all and sundry.