Alright, so I took a chance and in the last couple minutes of the trading day I gambled nearly all of my money that hasn’t been lost on CMG and JCP already.
I’m sitting on puts in CMG and JCP. Both are up over 5% today. Should I cover and just admit defeat? I should, but I won’t. I’m not that smart. So I’ll probably add more puts somewhere here. I’ll let you know.
I’ve actually never eaten at CMG (Chipotle Mexican Grill) before, but I’ve passed by it many times while going to Subway or Quiznos or real sit down restaurants. Since I don’t eat there, it only makes sense the stock should go down.
Let me first say that trying to deal with the time difference isn’t so bad, I just have to think about the stock market in terms of being the opposite AM to PM as Hong Kong, then an hour less than what I see on the HK clocks.
I didn’t sell the JCP puts today, though maybe I should have. Instead, I’m sitting on a paper loss of $600, but considering that amount was over $2,000 at one point, I’ll accept it for now.
I can’t trade much, I’m still waiting for my account change to take place, but I figured that I would try to lose some money in the marke today. I’ll take JCP puts today.
Unless there is an emergency Fed cut set for today, there’s likely to be a drop. Something that shows the bears are in charge and the bulls are giving away money. Though I’m nothing more than a retard, I would be shorting and buying puts on everything if I could.
I’m currently in Hong Kong. You know, you borrow $5k from someone just a couple times, then lose it in the stock market and ask for another $5k and soon you wind up in a different country.
I know the futures are up, NASDAQ and DJI and S&P, all higher. I don’t actually see this bringing up all stocks, in fact I see a lot of stocks that aren’t going up as you would think that they would. Something isn’t right here.