Daily Update – July 2, 2008

Calendar July 2, 2008 | Posted by Jorge

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 [...]

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Daily Update – July 1, 2008

Calendar July 1, 2008 | Posted by Jorge

They weren’t kidding when they said markets generally close higher the first day of the 2nd half of the year.  I was rather disappointed at the bounce this afternoon.  It felt more forced than anything else.  In any event, I went ahead and lightened my put positions a bit by selling off a third of [...]

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