Thursday, March 6, 2008

Itʻs Already Thursday...

Patience... AEO pays handsomely today... to bad i didnʻt sell before the market closed...

DHI, IWM, WFC, JPM... All made moves lower... so Friday will give me an opportunity to close out some BAD puts and sell a winner or two.

In any case... my year still stinks... i am trying to be patient with my positions, while not buying a bunch of different puts on securities that may very well go sideways. killing bulls AND bears.

i still have a bunch of loser puts that have little or no interest buyers: BDK, WYNN(too far out).

No time to celebrate...

There is a chance for a rally next week with another rate cut coming. but just maybe, the Street has wised up and stop wasting our time with that logic. let the market correct itself...

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