All my good trades today don’t come close to the damage I took in the index trades, but I made some good moves there and it helps to stay positive.

1. Selling the ZOLT calls with a gain of  6%. I would be down 35% if I didn’t sell pre-fed. The Jan 45s are bidding 2bucks right now down 40% on the day.

2. Sold FMT @ 2.96. Bought yesterday for 2.84 gain of 4%. I misreported my gain in an earlier post. I used the Gain/Loss tool, but it looks like that is porked and I shouldn’t trust that for numbers. I would be down about 3% if I didn’t sell. FMT closed at 2.78. If the discount window was cut to 50 I think FMT would have had a big pop.

3.  Sold CRDC near the open to preserve the trading gain of 6%. If I didn’t sell I’d be down 3% at the close of today.

4. CBAK had a nice gain in this one and held on too long. They report in 2 days. CBAK only closed down 4 cents from where I got out. Didn’t save that much by getting out.

5. Sold the last DAR  holding taking an 8% gain. DAR closed down 5.29% today. DAR closed at 10.92, saved myself more than 5% there while preserving the gain.

6. Saved myself some money by getting out of BCON earlier today. About 5%.

If you like this post, check these out too

• December 10, 2007 -- What Worked Today 12102007
• December 11, 2007 -- Sold ZOLT Calls Bought CBAK
• February 12, 2008 -- What Worked Today 2122008
• December 26, 2007 -- What Worked Today 12262007

Thanks for reading

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