Tuesday, October 28, 2008


SOLD FXI @3.7 bummer. the thing closed @ 6.2 yesterday... (bought @.64, wouldve been a 960% gain)...but letting the other ride.
Sold SNE Nov 20 @ 1.4... bummer too it was 2.25 yesterday. still a 100%+ profit (bought @.55)

Got home from nightshift... shoulda set a trigger sell order on both... i wake up and the rally happens while i am sleeping. can you imagine if i didnt set my alarm to wake up early. but man, same mistakes... argh... i have one call option (PCX) but it is too far out of the money at this point. i should have done a hedge with FXI calls.

In any case my gut feeling to sell yesterday was ignored and i paid the price. if anything a hedge would have been a wise thing being that the eventuality is that the market will without doubt head south by weeks end.

I will only post Wednesday aftermarket. With the FED in play tomorrow i saw no point...

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