Monday, August 11, 2008

Housekeeping Notes

Housekeeping notes;

I neglected to note that I was stopped out of QID last week at $42.85 last week for a gain of 5 3/4 pts on 1 unit long. Sometimes in my rush to get posts out in a timely fashion, most importantly when I am entering a new trade, this happens. Please accept my apologies.

I was stopped out of V at $75.20 for a loss of almost 4pts on 2 units short.
I was stopped out of STI at $46.20 for a loss of about 1 3/4 pts on 1 unit short.
I was stopped out of DXD at $58.60 for a gain of 8.5pts on 1 unit long.


Good speculating to you all and never ever forget that "an investor is a speculator who made a mistake and will not admit it".

Open Positions:
Long 1 unit of Powershare Agriculture ticker DBA @ $34.50 stop $32.79
Long 1 unit of XTO Energy ticker XTO @ $43.85 stop at $39.62
Long 1 unit Currencyshare SwissFranc ticker FXF @ $92.70 stop at $89.27
Long 1 unit SPDR Gold Trust ticker GLD @ $81.55 stop at $75.82
Long 1 unit ishares Silver Trust ticker SLV @ $14.60 stop at $13.28
Short 1 unit Int'l Bus Machines ticker IBM @ $129.05 stop at $131.54
Short 1 unit Fedex ticker FDX @ $87.40 stop at $91.18
Short 1 unit of Lehman ticker LEH @ $19.65 stop at $20.76

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