What Sucked Today 7192007

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July 19, 2007

Overloading my trading account to one play. EBAY. Stupid move. I won’t do it again. Lost a nice chunk of it, but I was swinging for the fences and I did calculate my risks. I actually lost less than I was willing to lose on the trade if you can believe it. The official numbers are the August 32.5′s (which I was up about 30% before today) sold out with a 25% loss. The August 35′s which I really didn’t need to add too yesterday ( I don’t know if I posted that part), took a 58% loss.

The ERTS calls that I recently sold for a loss of 67% would today be up 30% and the risky July ERTS calls would be up 29%. I guess E3 was too obvious of a trade this time around and ERTS decided to move post conference.erts-whip.png

The ERTS WHIP!

MDT – Still continues to be crap, but as soon as I sell that it will do what ERTS did. I’m not selling those calls until I see a confirmation tomorrow. If tomorrow is an up day in MDT you can count me holding these calls.

LVLT – Still holding the wrong frigging strike.

ZIXI – Down 2%.




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