I did a little watching of the market today, but didn’t take any chances or gambles. Guess I wasn’t much interested, as it seemed a lot of the volume wasn’t being traded. I did enjoy watching C go from a winner to a loser, but I stood and just watched it instead of making any rash actions.

What a difference a week can make.. actually, it’s been a couple weeks since I was really down (you can check it out on the race page, the graphs are cool). Since the down day where I was sub-$5k, I’ve made a good turn-around and can proudly say, I don’t suck as much as I could be.

I wouldn’t know what to do with myself if I let the profits from GS escape me for another week. Last time I could have taken advantage of the sale I didn’t which wound up making me question my trading prediction skills, which should never happen. Ever. So I did what I always do, I sold all the options I had at once.

It’s been a little while since I posted a sale, but its not because I haven’t been in the profitable range (well, maybe a little of that too). Today I decided that COF isn’t going fast enough downward for me so I’ll just sell it and start looking elsewhere. Of course, having a cash account means that I don’t get the $620 back into a usable area of my account the same day.

Work interefered with much of my normal day, so I wasn’t able to watch the positions I’m in gain money.. lose money.. gain money.. lose money.. gain money.. well, you watched the market today so you know what I mean.

This morning I think that the writers at Yahoo!’s financial website will be surprised. Though I’m not necessarily watching the Dow futures or the S&P or NASDAQ, I am watching a few particular stocks, and those stocks will be opening a little lower than they closed yesterday. So when Yahoo! states as one of their headlines that US Stocks Head For Higher Open, is someone being hopeful?

It was a calm day for the market, for me, and for the good people of the VO (compared to yesterday). If I sold everything, I wouldn’t have come up profitable which only means that I should hold onto my positions longer, until they become profitable. Then I should hold until they become super profitable. Super mega ultra profitable.

As I’m writing this, the market has been open for almost an hour now. I’m seeing only pleasure at this point from my options positions, well, though they aren’t the most pleasurable they are definitely bringing a happier day to me than they did a few days ago when I saw a potential loss of over $4k. Now at least I get to watch a potential loss turn into a potential profit.. but will I be smart enough to sell?

Yesterday I wasn’t able to entertain both of the loyal readers of Retard Trader (sorry mom and mom). I made one buy yesterday, buying 2 puts in COF. Nothing really fo me to base the reasoning on buying puts in COF as much as it just seemed like a good idea to buy puts. Golly gee Beave, I guess the market is just going to go down.

This is just an end of day post, nothing to see unless you want to check out the account balances I ended the day with.