Next Time Try To Remember That You Paused CNBC

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October 17, 2008

Argh…So I pause CNBC and go take the garbage out and I come back in and press play and pick up my laptop computer, reading and listening to the tv forgetting that I’m behind. I’m probably about 5 minutes behind real time.

I’ve been watching the futures hours before and knew it was going to be a bad open, but after about 15 minutes into things, I just say forget it and sell my UWM for both purchases I made yesterday. Yeh the guy who has held and traded through the crappiest of times and bucks out early due to some cockamaamie DirecTV/mental fiasco. So dumb.

Out @ 25.29 capturing 11.3% off the 22.71 purchase price yesterday.
and out @ 25.11 capturing 14.7% off the 21.88 purchase price yesterday.

Happy about the profit, but wish I didn’t sell. I repurchased UWM @ 25.74 but a MUCH (a small portion compared to what was sold so unworthy to even mention) smaller amount due to account settlement hell.

Who knows? Maybe it will end up being a good move.


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