Tuesday, November 11, 2008

Now Long Crude

As indicated in my earlier post this morning, I am now long 1 unit of the crude oil etf, ticker USO, here at $49.35 with a stop at $48.24



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 Salesforce.com ticker CRM @ $56.05 stop @ $34.31

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