The long worked again today. On my trimmed long from yesterday I added another 1.9% in the mutual funds which I’m still holding and the ETF’s of UWM and QLD were sold this morning for a variety of gains ranging from 4.5% to 7%. Loving this long trade, but what little exposure I have left is likely to get smacked tomorrow unless C has a ridunkulous quarter tomorrow and who is expecting that sheet to happen? Never know though maybe it won’t be THAT bad.

This was my escape from ICEcatraz. Managed to get out near the open while the trade had positive value. I got out @ 5 while the same calls closed out at 1.7. Sweet and I didn’t have to use a dummy in my bunk, chisel through the wall, and use a rubber raft made of raincoats to get out of the trade.

Escape from ICEcatraz

I made some other buys besides SNTS and VPHM today. I felt like anything I mentioned got hit, so I didn’t want to mention anything else till later on, which is me being superstitious. Traders tend to be superstitious anyways.

Bought and still own: BRCM, BRCM Aug 30 calls, SNTS, RTK, LLNW, PWAV, and SPF. I’m testing a new technique out so I want to see how these little puppies perform over the next two weeks. I also bought some GOOG AH @ 498. This was after the drop and I saw it bouncing. I took a stab at it and it was a forced trade. All day I’m saying the chart looks like shit, the weekly, the daily, the shorter term charts though were looking good. The trade was unnecessary and I tied up capital for no reason. I despise forced trades because it highlights my lack of discipline which has been rather good lately. I’ll probably cut the GOOG and be happy with the lesson.

Bought and lost on: VPHM today. Took the 4% loss intraday.

Thanks for reading

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