What Worked Today 4282007

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April 28, 2007

Being short the R2K. I got some money back on the 1% leveraged move of the downside action in R2K Friday. NDX closed flat so nothing there.

ONNN exploded up on a good number. Up about 11% since my buy since last Wednesday.

KRY has been a decent call. Up 3% so far and looks good into next week.

USEG up 9%+ since April 13th buy.

HERO – Although technically purchased for someone else. I still made the trading decision. Up 10.5% since Monday.

The overnight trade in NOV was another Whopper. 73% gain in the options overnight. I sold for only a 5% gain. I knew the conference call was for 11 am and I sold before the call even started. That was a dumb move. Quick on the trigger cost me alot of gain.

It was a mistake.




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