Being long. The Rut gained some pennies, while the NDX gained more than 2%. Hanging onto the longs is not looking so dumb (referring to the Feb 6th buy).

AAPL Feb 125’s - In @ 3.4, Out @ 4.9 (early) for a 44% gain. Trade of the day.

DRYS - Up again - this time 7%. Now up 14%+ since my buy. Lets talk about my recent trading in DRYS for a minute. 1; 2; 3; 4

Currently up 14% from last buy

SOHU - even on the trade, expecting more to come.

CPSL - Down 4.5%, but holding because it could go any day now.

DAR - up 9.6%, still looks good, just need to hit another 52 week high this week.

YGE - Up 4.5% from this afternoon’s buy. Expecting a move off the bottom especially after the whole solar sector caught a big bid today on the backs on an upgrade on FSLR.

ZIXI - Up 3% from this afternoon’s buy.

BNI - Up 3% (boring play that will ride the trend)

EMKR - Up 3.8%

Feb QQQQ 43 calls - Up 8% (these hit 14% earlier in the day)

SCA - Down 1.8% from the buy, but expecting alot more pop.

Bought SSO (ultra long SPX) shortly after I posted a Midday Update, @ 68.16. Up under 1%.

CHNR - Up 1% from buy today.

CREE - Up 11% from this buy.

Unless otherwise mentioned, held onto everything overnight. Long indexes, long the stocks/options above. Also note that there are alot of China stocks in that list above. China stocks moved alot today. I think China is turning here. FXI on any dip. Maybe I’ll put out a list of China stocks that are rolling right now later on tonight if I don’t pass out. Someone fire up the espresso machine.

If you like this post, check these out too

• February 12, 2008 -- What Worked Today 2122008
• February 11, 2008 -- Midday Update
• February 7, 2008 -- Midday Update
• February 13, 2008 -- What Worked Today 2132008

Thanks for reading

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