Friday, January 9, 2009

Getting Short Apollo Group - APOL

I am using this mornings bout of inordinate strength (as the shorts get taken to the woodshed) and get short 1 unit of Apollo Group ticker APOL here at $86.65 with a stop at $90.83. I am watching for a break of the days lows of $84.50 to add a 2nd unit short.



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 Ultrashort MSCI EAFE ticker EFU @ $89.80 stop at $84.67
Long 1 unit Ultrashort Financials ticker SKF @ $102.60 stop @ $99.47
Long 1 unit Ultrashort S&P500 ticker SDS @ $66.15 stop @ $63.77
Long 1 unit Ultrashort Real Estate ticker SRS @ $54.75 stop @ $47.93
Short 1 unit Darden ticker DRI @ $27.70 stop @ $30.12
Short 1 unit Apollo Group ticker APOL @ $86.55 stop @ $90.83

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