EOD boring as usual

EOD boring as usualI have a really, really big headache. Some friends and co-workers were taking some guesses on why I have a headache and there’s some joking about the final outcome with a few people assuming death. I’ve taken lots of meds and I still have the frickin’ headache. I’m thinking about starting a new blog about what tans my hide, but not sure what domain name I should use… oh ya, this is my stock market blog. Right.. Umm.. I haven’t sold C yet.

WM wound up giving info about their stock being sold at $8.75 to the invest group. That’s a little bit of a change from the $13.00 it ended yesterday at and the $11.xx it started today with, showing more proof that the market is not yet getting knocked down.

I actually didn’t follow the market action today. The headache is really causing me some issues.. right now the lights in my office are turned off and if it weren’t for the glare of the LCDs in front of me it might make for a sleep-enabled environment. Maybe sleeping would get rid of my headache, since the med concoction I took didn’t.

I’m sure a bunch of bad news hit the market today since nothing closed green. And recently, if a company doesn’t report bankruptcy it seems that the general market moves upwards on the news.

I saw some of the value of the C puts come back, but I’m still down a considerable enough amount that I won’t sell for a loss and instead will hold for failure or success. Yes, I’m gambling instead of being a smart trader, but there are already enough smart traders and not enough gamblers. That’s my niche, gambling on stocks by using the margin of options.

If my headache starts to disappear, I’ll work on a more enlightening post about the market and directions, but since most of you could read about that b.s. elsewhere, you probably don’t want it here.

End of day positions:
end of day positions 4-8-2008

End of day balance:
end of day account 4-8-2008

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Posted By: Michael

News Category: -Michael, E.O.D.

 

 

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