Here’s what I’m thinking, just correct me if I’m wrong here… The news about C (Citigroup) close to selling $12 billion in loans at a loss isn’t going to push the stock to all-time highs. According to a Bloomberg article, C has the thinnest safety cushion against losses in seven years. C isn’t planning on selling bad loans, they are going to be selling potentially profitable loans. Let’s see if the market reacts accordingly.

As I’m writing this, the market has been open for almost an hour now. I’m seeing only pleasure at this point from my options positions, well, though they aren’t the most pleasurable they are definitely bringing a happier day to me than they did a few days ago when I saw a potential loss of over $4k. Now at least I get to watch a potential loss turn into a potential profit.. but will I be smart enough to sell?