What Worked and Sucked Today 4232008
Sticking with the longs.
QQQQ calls were good for 6% in the early action. In @ .82 out @ .87 (damn morning dip). About 10 minutes after I sold them, I saw that the market was going down, so I rebought the same QQQQ calls @ 1.02.
MSFT had a huge day today and I think it will get better. They report tomorrow after the bell and I’m expecting fireworks. I own MSFT stock, and want to buy some calls tomorrow.
EDEN – Up 4% on the trade.
YHOO calls. Sold for around a 50% loss.
I didn’t mention that I sold KOL yesterday for a gain of around 7%.
QLD – Bought some QLD this morning. I’m flat on the trade.
The move in FXI has sparked the China stocks again. All the speculative names are really setting up.