Tuesday, November 11, 2008

Getting Short Capital One Financial - COF

I am getting short 1 unit of Capital One Financial ticker COF here at $30.80 as it has now broke a triple bottom which as we should know really do not exist. I will post a chart in short order.

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 1 unit of U.S. Oil Fund ticker USO @ $49.45 stop @ $48.24
Long 1 unit of Ultrashort Russell 2K ticker TWM $93.10 stop @ IWM $56.31
Short 1 unit Apple ticker AAPL at $110.90 stop @ $113.53
Short 1 unit of Capital One ticker COF @ $30.70 stop @ $33.11
Short 1 unit Salesforce.com ticker CRM @ $56.05 stop @ $34.31

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