Well, as I wrote in my last post, holding HIG and PRU short was not a good idea. HIG was spiking in the pre session today. I did have a strong feeling that all the financials will gap and crap (and they exactly did that), I could not risk holding 1500 shares of HIG short. [...]
Entries Tagged as 'General'
Feb 23rd Update aka FAZ rocks!
February 24th, 2009 · 3 Comments · General
Feb 20th Update
February 24th, 2009 · No Comments · General
Sorry, I could not update my Friday’s trades right away. Did pretty well until the market end. Financials spiked very hard in the last hour and I got caught up in that. Against my better judgment, I decided to hold over the weekend. It did turn out to be a very costly mistake. Status as [...]
Feb 20th Watches
February 20th, 2009 · 2 Comments · General
1. HIG – If it starts tanking again, I am in. 2. WFMI – Up by 30% yesterday. There was a sell off towards end of the day. It might give back some of these gains. 3. PRU – Another financial which could tank. 4. BAC and C – Ride the train going in to [...]
Feb 19th Update – I love HIG!
February 19th, 2009 · No Comments · General
Short summary for now: Today was the first day I could trade this week. I could not spend as much time as I would like to prepare, but I decided to trade anyway. I feel that if I don’t trade for couple of days, the next time when I trade, it is kind of difficult. [...]
Feb 13th Update – Finally a Green Day
February 17th, 2009 · 6 Comments · General
As I posted in my watch list, I was watching MELA and MRNA. I found them by watching pre-market action. Out of the two, I traded MELA. With MELA, I waited 10 minutes before I placed the trade after market open. It turned out to be a great idea as MELA tanked for the first [...]