Made one trade, sold CMG.  Not at the bottom, but not at the top either.  Though the CMG drop continued after I exited, I’m alright with this for now, I really liked getting the profit on a trade which makes me feel more confident about my JCP position. 

What is a retard to do when he’s handed a good chance to make money, like with CMG?  The answer is that the retard (that would be me), sells and takes his profits.  That’s what I did.  I’ll do it again too.

Today I made money on the poor performance of GOOG earnings announcement.  It went something like “we made lots of money, but you morons expected us to make more”.  Well, maybe that wasn’t a direct quote from the earnings announcement.

BIDU put was profitable, so I sold.  Smart?  Probably not.  I’m sure there’s more room below, but taking profits is much quicker than accepting losses.  At least it is for me.  I’m going to have to find my old options rule I posted here.  I don’t have a lot of rules, it shouldn’t be that hard to follow them.

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.