He sounded up beat to me. I hope that he was correct that volume is picking up. A yield of 10% feels good, i just hope it stays and doesnt get cut. I like what i see so far.....Anyone else?
Key words from your post "admitidly, i have traded this all wrong".
cddirect - there is a difference between trading and investing, traders often times scrape the bottom of the barrel for pennies, good systems are only on the money 50% of the time and most traders do not actively "trade" in a defined system.
Investors know better than to sweat the daily, monthly movements. Stock selection and investment decisions are made long term be it three months or three to 5 years.
Appreciate the fact that you at least admitted your position/interest but the result is not a reflection of the company or the executives. It is a reflection of the system that your using to trade and aparently from your post - your not satisfied with your own trading system.
So change it.
Didn't Sound Desperate to Me.
He Said Volume had Picked Up and It Was Ordinary Now.
Howard Lutnick, chairman & CEO, Cantor Fitzgerald/BGC Partners, discusses recent movement in the
financial sector. Volume is picking up very nicely, he says, and volume feels ordinary again.
It Sounded Like He Was Happy and Relieved About Market Conditions Improvement
I Guess Its the New Normal,volume feels ordinary again.
If Volume Starts to Feel Extra Ordinary,that Would Even be Better.