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As a relatively "unsocial" kind of guy, I've been very slow to adopt to social media. In fact, it was only at the advice, suggestion and arm twisting by my kids to use social media as a tool to sell books and get people to read this blog, did I reluctantly agree that they may be right.
Ego is an amazing thing.
Over the past 25 years, the only other things that I was slow to adopt was the one time ubiquitous "PDA" and the "mullet."
Palm, Treo, Handspring. Whatever the names and models were, it's all a blur, I never went that way although I may someday go for the retro look as nostalgia is due for its next generational comeback.
I'll think about that after tonight's Hall and Oates concert.
Today was just another one of those laughable days in the rumor mills. Good thing, because it was an otherwise utterly boring day with no news coming out of the EU and with Herman Cain out of sight.
As trades go, I sold Caterpillar calls, bought some more ProShares UltraSilver ETF and subsequently sold calls and that was all.
As much as I took delight in my accurate prediction about retail sales, when it was reported that they were disappointing (in advance of the revised results after Christmas which will indicate that they were better than expected), it was still a tiresome day.
The best rumor and the one that got the most attention was about Netflix.
I own Netflix and have for about a month or so. In that time I've sold lots of weekly calls. Sometimes I've had the shares assigned and other times not.
Sometimes I've bought the shares back and sometimes I haven't.
This week started with a reduced holding due to an assignment of a portion of my shares, but as luck would have it, the rumor mill started early.