Monday, January 28, 2008

End of Day Trade Update

Ok, closed out FMCN at 48.73 for a +$.64
Closed out AAPL at 129.45 for +$.65
Closed out ICE 140.89 - lost 1/2 position to 136.2 essentially for -$2.34

Due to position sizing, my gains in late day trading in AAPL and FMCN made up for my loss in ICE. Decided not to re-enter ICE at end of day. Cash is king in this environment.

Overall quite happy with today's performance. Late day surge in the markets definitely helped. We'll see how VMW's earnings are tonight. FYI i'm a bear on VMW. We also have SNDK coming out tonight.

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