Tuesday, October 7, 2008

Quick Update

Some charts later today.

Housekeeping notes;

I was stopped out of my long TBT position yesterday at $57.20 for a loss of 3.25pts on 1 unit.

I am adjusting my stops on AAPL down to a unit each at $107.21/$115.31

I am adjusting my stops on CRM down to a unit each at $46.19/$42.12

I am adjusting my stop on IBM down to $112.71

I am adjusting my stop on SDS to $76.91 and 71.89

I am adjusting my stop on DXD to $67.89 and $62.69

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 $76.91/$71.89
Long 2 units of Ultrashort Dow ticker DXD @ $57.85 stop at $67.89/$62.69
Short 1 unit Int'l Bus Machines ticker IBM @ $129.05 stop at $112.71
Short 2 units of Apple ticker AAPL @ $178.05 stop at $107.21/$115.31
Short 2 units Salesforce.com ticker CRM @ $56.05 stop at $42.12/$46.19

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