Tuesday, August 28, 2007

Studying away!

I've dedicated quite a bit of time over the last 3 days to learning what the Series 65 is actually about. It contains an astonishing amount of economic information that you need to be familiar with!

I've been primarily using the "Pass the 65" book by Robert Walker. His books are really wordy but they seem pretty decent thus far. I have several other study aids that I'll also try to cover prior to the 5th of September :)

I sold some put options on TSL yesterday, it is way down despite looking very poised to be one of the solar winners. Plus, the stock would have to drop below 35 to excercise, an additional 10% drop after yesterday's 5% (or so) drop. In either case, I'm not leveraging at all right now, so if it drops into range, then I but which I think is a pretty safe entry point.

An analyst this morning said that Google is looking very buyable. I definitely agree with that. Right now, though the market is still having a good deal of its capital removed by skiddish investors so Google could go down a little more before it goes way up when they announce earnings in October. I think I will probably get in within the next few days though, at least with a small option play or something.

God bless!

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