EOD -$614

My loss was totally self inflicted.  I had a winner on it for a day, if that long, than rode the loss to more and more of a beating.  I’m not sure what I was expecting, probably some sort of Russell breakdown.  It didn’t happen, I paid for it.

Going long by getting a call in the IWM should be a sign that I believe the market is going up.  At least next week.  I’m not looking to make any large quantity of money here, just something.

AAPL is teaching me not to be greedy.  I had a 100% gain on the puts and didn’t take it.  Stupid, stupid, stupid.

RIMM will either go up, go down, or stay the same.  Whatever the case, I’m still holding a put and think it will recover some of my loss, but will be sure to wait no more than 1 week before selling and eating whatever loss might be necessary.

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Posted By: Michael

News Category: -Michael, AAPL, E.O.D., IWM, RIMM

 

 

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