EOD +$1048
Today ended pretty much how I thought it would. Well, obviously BIDU didn’t finish over $400, but I only meant that if it did finish over $400, that would be a psychological thing. Anyway, nice move by the Fed to only cut rates 25 points. Thanks Bern, you helped my puts.
Selling FSLR seemed like a good thing, looking back now. Glad I didn’t need hindsight for that. I’ll look to get back into FSLR another time, but for now I’m happy being an observer.
There were a couple positions that I didn’t take advantage of that I should have, but that’s alright. I’m alright not catching all the best moves, as long as I get some of them right.
FXP would have been pretty nice to have some calls in. Remember FXP? That’s the opposite of FXI (which dropped 5% today). FXP ended up nearly 10% today, that turned some of the calls into pretty valuable positions.
AAPL ended the day down nicely. I like the drop of only 3% (rounding up), it gives me the impression there’s more to go. Want a chart?

Well, my day is over for trading. I’m curious to see if Lindsey caught any of the market’s afternoon drop.




