End of day +$979

Today was more of a catch up than a breakthrough day for me.  Knowing that Lindsey has some magic voodoo that she can pull up at any time keeps me from going too crazy with gambles.  I’ll take profits sort of quick but will be quicker to take losses. 

RIMM gave me some extra money, putting me back into positive territory in the contest. 

SHLD was good, it has much more upward potential but taking a little profit is enough for now.

BIDU still hasn’t gone in the best direction for me.  I don’t know at what time today it was negative (seeing the low of $373 I want to know when that happened), I’ll be happy to take any profit from BIDU, or sell before incurring any great loss.  I think that tomorrow might be the day BIDU turns positive for me.

IWM (Russell 2000) showed a nice drop today.  Knowing that is dropped below some of it’s strength levels I hope to see some profit in my puts tomorrow.

AAPL already showing those signs that I discussed before.  Soon, it will be a pile-on to get out and I’ll be looking for someplace to store the cash I’ll make on my put (which I might add to tomorrow).

Today was a lighter volume day than normal in most of the stocks I follow, perhaps there’s less people playing for now for some reason.

The mortgage market seems to be still a big key newsbite.  I got a call from my mortgage broker, she wants to re-fi me at a lower rate than I previously had.  Apparently I qualify for the re-financing so maybe they have a special retard calculator.

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Posted By: Michael

News Category: -Michael, AAPL, BIDU, Options, RIMM, SHLD

 

 

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