RIMM and FXP should bring pain

I lose confidence so quickly, I should enter a lost-confidence race or something.  It is really something I need to work on.  I’m selling my winners instead of letting them run, like I’m letting the losers run.  Yes, I am a retard.

Bought some RIMM puts.  Bought some FXP calls.  Now before you think that I’m buying calls because I think the market is going up, please friends, know the FXP is the ultrashort FTSE/XINHUA.

So here’s my deals, and I think I’ll cover with a small profit just in case Ben decides to give a Fed rate cut tomorrow instead of keeping quiet until the next expected meeting results.

Buy:
RIMM Feb08 $100 puts (RULNT), 4 @ $8.30
   stock price when entered $99.75

FXP Feb08 $70 calls (FXPBN), 2 @ $14.50
   stock price when entered $79.70

Watching the volitility makes me wonder what I don’t know, but since I already am aware that there are a lot of things I don’t know, I’ll just continue around here without mental direction.