Monday, February 9, 2009

Monday Morning

I have my plate full this morning but I will post some charts of interest later today.

Housekeeping notes;

I was stopped out of DRI Friday at $28.75 for a loss of just over 1.5pts on 2 units short.

I was also stopped out of JPM on Friday at $27.35 for a flat trade on 1 unit.

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 $89.80
Long 2 units Ultrashort S&P500 ticker SDS @ $69.80 stop @ $66.15
Long 2 units Ultrashort Real Estate ticker SRS @ $53.80 stop @ $47.18
Long 1 unit US Gasoline fund ticker UGA $21.85 stop @ $19.58
Short 1 unit Wells Fargo ticker WFC @ $20.20 stop @ $20.20

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