What Sucked Today 10242007
Missing out on CYD – China Yuchai – when I had it in my grasp a few days ago. I almost bought it today when it was up only 13% on the day – closed up 18% by the close. News was that they got a new CFO because their old one sucked.
So far the QTM trade is not yielding anything for me afterhours. I’m up 18.8% on the trade so far,but that might come down a bit tomorrow.
XLNX call options – A forced trade that of course turns sour. These forced trades always do suck.
The loss in AGEN, GSS, AEN, got rid of em all today.
Also being in cash with the market being down as much as it was today then basically rallying back to flat. I’m glad I wasn’t stuck in a directional position in the index trading account. I did buy long today in the NDX.
