Just Dumped Calls and VSCI

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November 9, 2007

Took a loss in USU calls and the blundering YHOO call purchase made last night. I have a feeling we might see some bounce today. My stuff shows us opening in oversold territory that might give us a bounce into yesterdays close.

SVA and GBT are booming today btw. GBT had blowout earnings. I made a great move dumping alot of junk and putting it in SVA.

The reason for quick sales was to get off margin.

Still have CSCO, & SPLS calls.




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  • http://www.stockrake.com Sensei

    The bounce was wrong…I think Monday though might either drop and pop or sell into new lows, and run.

  • http://www.stockrake.com Sensei

    The bounce was wrong…I think Monday though might either drop and pop or sell into new lows, and run.