EOD with nothing to show for it

It has only been a week, but seems like so much longer. I’ve gotten to watch my positions drop in value due to intrinsic and time, which are the only two components of an option. Not bad.. I’m two for two (well, in a bad way). But I look past this week and into the future, which I would classify as next week. Watch for the C drop early in the week, which is when I will act.

I will look for an opportunity to sell my 10 Apr08 puts during the week, breaking even would be fine with me but obviously I’d be much more satisfied selling for a profit. Since I’m not always right (but I am always a Retard) I might wind up selling for a small loss on those positions. Actually… probably not.

C released news today, but nothing exciting except it sold $4.5 billion of five-year notes. The 5.50% notes, which are due April 11, 2013, were priced to yield 3.00 percentage points more than comparable U.S. Treasuries. Can we call this reaching? I mean.. usually a company that is fine financially with no problems has no reason to offer such a deal. Maybe I am reaching and this is just everyday news. I’m sure that Microsoft is going to ask for some financial help to buy Yahoo!.

I was reading the newsgroups over at Yahoo! in order to find allies against C and their current uptrend and realized that there is some good advice out there. One bit of good advice comes from Yahoo! user corporate.welfare who recommended Citigroup sell cocaine. Nice thought, that might not help out though due to the large amount of money that it would make doing so (especially to Wall Street workers).

If you are bored this weekend, take a Retarded tour of the web.

The good news about this week.. the next Retard Attack has officially started! All I can divulge at this point is that it’s going to take at least a couple weeks to complete due to the complexity and action required. It might will be the biggest attack ever on a stock market blog site. Thanks to the money backing the Retard Empire, props have been purchased for this attack and already used (lots of people were smiling and laughing while little kids cowered in fear).

End of day positions:

End of day balance: