EOD -$550

Oh I’m still here.  Market is acting lazy and it’s making me lazy.  My brokerage has been retarded lately and has been giving me log in problems.  I have managed to place some trades though.

I got out of my Baidu put - it just wasn’t acting right.  I sold the put when it was $386 and it zoomed up further after that.

Sold BIDU Jan08 $350 put BPJMJ - 1 @ $8.80 exited today 12/26
    entered 12/19 @ $14.20
-$550 loss, -38.7% (after $10 commission)
    stock price when bought $375.75
    stock price when exited $386.10

I also reversed my position on BIDU and bought a call, counting on it to burn more shorts.  I am watching this carefully though.

Bought BIDU Jan08 $420 Call (BPJAD) - 1 @  $13.70
    stock price when entered:  $396.20

I bought SOLF puts too:
Bought SOLF Jan08 puts (QFGMF) - 5 @ $3.50, 5 @ $2.30
     stock price when entered:  $32.40 (on 12/24), $36.40 (on 12/26)

I am really looking forward to SOLF going down.  Nothing goes up in a straight line.  I think FSLR ($280.91) has found a short term peak too so these Solar stocks should go down together tomorrow.  Michael’s account is holding up very well compared to my account.   We are about a month into our competition and I agree with him - we should have hit $10,000 by now.  There’s no way to ”make up for it” - you can’t push a trade.  I do think we should hit $10,000 by end of January though.