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.

The market dropped yesterday.  Fed cut 25 points, apparently the traders thought that it wasn’t enough.  Traders are a wild bunch, so watching the action was almost as much fun as watching my AAPL position gain $625 profit.  I didn’t close my position, yet, though.

The Fed will be talking today, giving their decision on if they will lower the key interest rate at this time.  There’s a lot of talk and guessing going into this subject.  I know the answer because I have a glass ball (not a cancer-replacement, I mean something for looking into the future).  The answer is the Fed will …