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I was stopped out on 2 of my positions: YHOO, COIN & GSAT. I wasn't surprised and the small loss I suffered was worth the risk of a potential breakout. I took the opportunity to buy back my C covered calls at 15¢ which I sold at 25¢ about a week ago.
Right now I'm comfortable with where I'm at and I stopped trying to predict the market too far out from right now and what's happening today. I've gotten better about pushing my ego back and accepting what is actually happening right here right now. The Obama administration seems to be in the driver's seat right now with their big push for reformed health care and the economic malaise they've created.
Still hunting another entry into the TBT & stocks on my radar: FCX, MDR, AAPL, MSFT, AKS, FXI, EZA etc... too many price alerts to manage right now.
I'm just kind of sitting tight and seeing how things finish out. I've got 4 naked positions and 2 covered calls that will get exercised unless we crash hard. As of yesterday's closing prices I was about even on the 4 naked positions but that will probably worsen.
I was stopped out on 2 of my positions: YHOO, COIN & GSAT. I wasn't surprised and the small loss I suffered was worth the risk of a potential breakout. I took the opportunity to buy back my C covered calls at 15¢ which I sold at 25¢ about a week ago.
ReplyDeleteRight now I'm comfortable with where I'm at and I stopped trying to predict the market too far out from right now and what's happening today. I've gotten better about pushing my ego back and accepting what is actually happening right here right now. The Obama administration seems to be in the driver's seat right now with their big push for reformed health care and the economic malaise they've created.
Still hunting another entry into the TBT & stocks on my radar: FCX, MDR, AAPL, MSFT, AKS, FXI, EZA etc... too many price alerts to manage right now.
I'm just kind of sitting tight and seeing how things finish out. I've got 4 naked positions and 2 covered calls that will get exercised unless we crash hard. As of yesterday's closing prices I was about even on the 4 naked positions but that will probably worsen.
ReplyDelete