Thursday, February 26, 2009

Market Teetering....Or Is It A Bear Trap?

Click here for my previous trading update.

I sat at my computer most of the day, for a change, but didn't do much.

I had some more fun with new friend FAZ - buying more at 50.74 at 9:32am and letting it out at 55.75 late in the day.

Was a nice day on paper for my account as my bigger positions all acted favorably. I'm long: SRS, TBT, DXO, OIH, and short QQQQ.

(My other, smaller junk: FAS, DELL, SWC, EEV, and CDE.)


Anonymous said...

I think we got a bear trap.

CaptiousNut said...

Why the bleep are you always so bleepin' negative?