Today Not So Bad For Me

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August 7, 2008

I bought UWM and QLD at the lows of the morning which puts the UWM down about 1.5% and QLD down less than .50%. I went into the ETFs heavily this morning, but not the funds which is where I trade the big bucks.

A couple of other things sucked too.

SNTS position went from being positive to negative. I still have it.

EJ position also went negative. I still have it.

RTK blew up for gains of 45% and 33% on the two different sells. That didn’t suck.

**late edit: I forgot to mention that I bought RT (Ruby Tuesday) and CAKE (Cheesecake Factory). Its a rallying US dollar story that I’ll get into in a weekend post about the Restaurant sector.

However, I bought the leveraged index funds heavily (which means all my ammo) at the close looking for a morning bounce or a strong close whichever comes first.




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