7/18 – Earnings season

Earnings suprises. Ben Bernanke testimony. Fall in markets. Round 2 of our Club Championship. What a day!


Earnings suprises. Ben Bernanke testimony. Fall in markets. Round 2 of our Club Championship. What a day!
WED – I am out with a small profit 20% on 2 units. I didn’t feel good about this trade, and I wanted out. I made a little money on this over commission, I am ok with that.
SPY – I exited my hedge too early, bummer. I should have waited for the SPY to get down to the 38.2% retracement 153.75, which it did!
AMT – bounced on uptrend support.
HPQ – I was out of the office and didn’t get my hedge on @ 47.90. bummer. I have my stop set in profit territory, but I sure would like to keep this trade on.
JADE – do you remember this trade from awhile back??? UGGG. I did very well with it. It started long, then I rolled it into a straddle. I missed my opportunity to buy the puts to balance the straddle, so I ended up getting out of it. If I would have kept to my gameplan rather than becoming a pig, I would have down very well with this. What a ride this trade would have been. I may look at it again soon.
Off to the course now. I am looking forward to play from the tips.

Have you heard about this new phone? The O-Fone.


MFST – If microsoft packaged the iPod

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