Okay.. my head hurts from today’s action. Luckily, my hedges kicked in. Something tells me Monday’s going to be a big day, one way or another.
Yesterday’s action consisted of 2 contracts sold for a profit of $268. I think the contracts I sold were WFR. Probably. Yeah I’m almost sure.
Today’s action? Well after the wild [...]
I know, I didn’t post an update yesterday. I was pissed, plain and simple. That and we received about 3 inches of rain in less than an hour so I had to go pick up my wife since I didn’t want her driving in that mess. Anyways, yesterday was a mess.
Yesterday’s Trades: [...]
Hope everyone had a great 4th of July. While I enjoyed the break, I was itching to get back into the market. The morning action wasn’t a surprise and neither was the dip in my account. I’m about 50% cash right now so I’m feeling fairly comfortable. I’m still heavily negative delta which is a [...]
7 contracts for a profit of $340. Ever so slightly eeked out a gain on paper overall and so we’ve gotten a new high for the portfolio! Have a great 4th of July folks and I’ll see you back on Monday!
Another rough day in the markets and yet another new high for my portfolio. The portfolio is now up over 20% from the start of my trading, well off the 50% losses I was experiencing only a couple of weeks ago. Today’s closing trades included profits in XL, LM, CY, and SINA with losses in [...]
July 11, 2008 | Posted by Jorge 
Categories: Equities, Index and ETFs, Portfolio Progress | 
Tags: DIA, Discount Window, FNM, FRE, Hedging, LM, Pittsburgh, SPY, TIF, WFR | 
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