About Me
- Ryan
- Hi, my name is Ryan. I was born just over a year on 9/8/07 in the midsts of a wicked recession. Things have change so much in the one year I have been around. Oil has spiked from $75 per barrel to $147 per barrel. The banking system has fallen upon hard times causing me to withdraw my christening money from WAMU. I told my mommy and daddy that I wanted to drink organic milk instead of the powdery stuff in a can and they told me to get a job. I put my life savings into on online trading account, bought myself a Blackberry Curve, and a fully loaded Dell computer and the challenge began. I successfully called the oil crisis of 2008 by going long crude and shorting airlines. I was quite on with the call and almost top ticked it at the 143.50$ range getting out. I pulled the commodities short on several overpriced companies such as MEA, SCHN and POT and since then then have covered 2/3 of my net short position. I am now slowly working my way back into a small long position in airlines , box stores like Kmart, Target and Walmart and fast foods like YUM and McDonald's I will keep you posted on these developments.