EOD starting to hurt

I am able to convince myself of nearly anything, either because I’m very intelligent and can convince myself with compelling arguements or because I’m mentally feable and will believe anything. Though I won’t be discussing which case is true right now, I will let you know that I’m starting to have doubt in my positions in C (Citigroup). The doubts are actually growing quicker than I can subside and I feel as though even on Friday, I will be wrong.

I don’t have much to say here at this time. The obvious facts are that the market is moving upward with nearly any news event. WM shot up incredibly after news came out that they were going to be receiving an investment. WTF? The stock is going to be devalued (dilluted) so the stockgoes up 30% and takes a lot of banks and investment companies with it. That’s not good news, that’s bad news.

AA (Alcoa) just announced that they dropped 6.7% in sales, had an EPS of $.37 vs $.75, so with the market being happy they actually made a profit of any kind the stock will probably go up.

Right now, if you just made mention that you would report on time, it would probably lift your stock price by 5%.

I’m not sure what to do… maybe I should sell, take the loss, and then find something else to gamble on instead of C. Hoping that I’m right doesn’t seem to be making a difference.

End of day positions:

End of day balance: