Oh My!
Gustav looks mean, and thoughts and prayers to all on the gulf coast.
QID worked out for me on Friday, but HAL did not…..and I picked up some USO at the close.
Time to start winding back into the groove. I really haven’t been paying a whole lot of attention to the market and even less to my trading…but besides fighting a bad summer cold, it has been relaxing to take some time off. I’m feeling re-invigorated and feeling confident returning to trading as many managers and brokers come back from the Hamptons and back to work. We’ll probably see some volume come back and satrt to build on Tuesday and throughout the week….and really come back full force a week from Monday. 
There is some economic news coming in this shortened week: Fed Beige Book on Wednesday and Non-farm Payrolls on Friday. By tomorrow afternoon (Monday) we’ll have a good look at the damage caused by Gustav and if any of the oil and gas platforms will be out for any extended time. I got the USO just in case.
I’ll have some hot dogs and beer on Monday, but it’ll be time to attack the charts by evening and get into that trading frame of mind again after a brief hiatus. Happy Labor Day to all.