Monday, January 28, 2008

ICE update

out 1/2 position at 136.2, re-enter at end of day

UPDATE
as soon as I sold my 1/2 position, ICE starts moving back up and is now at 137.50. Which is exactly why I suggest not going "all in" or "all out", holding a 1/2 position has kept me in play, while decreasing my overall exposure. I still intend to re-enter the full position at the close of trading.

UPDATE #2
ICE is now back at 140.35. Glad i'm still holding a 1/2 position. Picked up some AAPL shares on the dip at 128.80 as well. Still holding FMCN from 48.09. I might liquidate these position at the close actually, as they are doing fairly well with the overall market strength.

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