Bought Some KFN at 7.87 today Through a Limit Order...

This stock should move forward.    However, the stock currently seems to have a large beta as correlated with the broader market.    There could be further lowering of KFN if the broader market drops further.

Why does the market continue the UPWARDS march?

I am currently in a waiting pattern to buy stocks. Hopefully, I will not have to wait too long otherwise, I may have to go buy and higher than ordinary expected pricing.

I Sold My AAPL Oct 2010 250.000 call Today....

This would follow my semi distrust of the market and short term expectation that things may still go lower.   Additionally, this follows my summer trading concept that the DOW will zig zag between 9600 and 10500 probably through August.    So to make money in this type of market I will continue to trade options on my high BETA stocks like AAPL and ADSK.    I should be applying getting more involved in buying puts as well given I currently do not have any.    Lastly, I will continue to hold onto my high dividend large stable big caps like BA, NUE, VZ, and the like.     Let me know what your thoughts are? 

Let me Count the Ways this Stock Market Sucks

Given I am an optimist and want stocks to go in the right direction, there is not much to like.    Add Hungary, and Iran Sanctions to equation coupled with the investing communities anticipation of another EU Oops and there is not much room to go up.   Time may be the best healer of the current bear dance happening on Wall Street.   Soon investors will become accustomed to this amount of volitility and the VIX will start to drop?   We just need a large drop in the markets to define an inflection point.   

Any other ideas about how this market will change?

When will the Thousand Bull Dances Start Up Again????

1000 Bull Dances does not seem like an event happening any time soon.    According to Cramer's yesterday program there are a number of issues still to be resolved. 

fine print on financial regulation

Spanish Bank Stabilization

Lower Unemployment

Oil Spill Resolution

Confirmation of China's Soft Landing

European Stabilitization

On top of this I would add some of my own anecdotes:

Enough time to get traders used to the New Volatility

No more additional issues spooking the markets from: Israel, Iran, North Korea, Venezuela, Afghanistan, Iraq

Strong mid year earnings season

Let me know if you can think of additional items........

How to Profit from a Volitile Market - OPTIONS

It seems like having enough cash around to take advantage when the next shoe drops - Iran, Venezuala, Rhode Island, California, Israel, BP, EURO, China, Commercial Real Estate, Portugal, Italy, Ireland, Spain, Greece.....

So I am going to raise continue to raise cash on the bumps up and buy call on the lows.    I like purchasing Call Options in AAPL, BP, ADSK, and the like.    Assuming the bulls will return one day you will at least have profit and have some cash on the side as well.   Let me know your thoughts.