Wednesday, October 8, 2008

Housekeeping Notes

Housekeeping notes;

I am adjusting my stops yet once again. Just being defensive given what is transpiring. When the dealer is crooked you have to keep a close eye on your chips. That being said I am;

Moving my stop on SDS to $81.89 and $76.91

Moving my stop on DXD to $72.69 and $67.89

Moving my stop on IBM to $104.89

Moving my stop on AAPL to $102.21 and $107.31

Moving my stop on CRM to $38.71 and $42.12


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


Open Positions:
Long 2 units of Ultrashort S&P ticker SDS @ 61.75 stops at $81.89/$76.91
Long 2 units of Ultrashort Dow ticker DXD @ $57.85 stop at $72.69/$67.89
Short 1 unit Int'l Bus Machines ticker IBM @ $129.05 stop at $104.89
Short 2 units of Apple ticker AAPL @ $178.05 stop at $102.21/$107.31
Short 2 units Salesforce.com ticker CRM @ $56.05 stop at $38.71/$42.12

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