Thursday, January 31, 2008

Risk Failure Management

The win was not getting HOT puts. The loss, holding onto AMZN... i told myself to sell at the open. The only thing on my side are Eco news to send it back down. Short covering obviously taking hold as well. I await GOOG earnings. A possible position their is BIDU puts tomorrow... if GOOG goes green, which i think they will. GOOG calls are too expensive.

I will do myself a favor and lie in wait. LVS puts can wait. Recession hasnʻt fully hit. But i know of people losing half if not all their hours in the hotel biz.

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