What Worked Today 872007

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August 7, 2007

Being long. I really needed this trade to go well. I was running bad there for awhile.

Can I complain about EBAY and ERTS for awhile? Both of those stocks have moved in a way that if I just held onto my options they would be very profitable at the close today. Instead I went out with big losses. Market 2, Me 0.

It looks like CSCO is up AH on earnings. If the market sells off tomorrow on the “Fade the Fed” trade, I may want to try to buy it for a end of week rally. I cashed out of my index funds at the close. Boy do I wish I didn’t cover half pre-fed.




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