March 30, 2006

Oil and Gold revisited

Near $580 on gold and $70 on oil I am lightening the load. I can't be a pig here as that is my style for my little trading account. My trend following friends at Blackstar are just riding out the trends in the global stock markets so if we keep going, I still participate.

Selling some - PTEN, GLD, NEM, PAAS and sold a little GOOG and a piece of NUAN from the high PE side.

Out for the day to look at some cool companies.

One that techcrunch reviewed was www.trustedid.com - I signed up before reading the comments and boy did I feel stupid. I have never seen such nasty stuff. Meanwhile, I think the identity theft area has a great revenue model so am looking at a local competitor - www.lifelock.com - any insights would be appreciated.

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