Thursday, October 9, 2008

GM out @ 1.20 yesterday

A little over 100% on the option.

GM @ 5.50 (left another $100 on the table). Ah well. Coulda seen this coming.

Fed DID cut as well. But confidence is already broken. We're in trouble. BIG time. We should have printed a bottom yesterday but no such luck. I'm a little worried.

Account is at $1550 now. Almost doubled from $800.

Out of all my puts. Gonna take a vacation and relax.

Still holding the worthless calls in C, USB, and AMR.

I'm out for the day.

God Bless.

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