Monday, April 20, 2009

What a week

Wow, I really fucked last week up. I tanked my whole month in a few poorly placed options trades. Going forward, I here by pledge that no matter what, when I have my position paid for I will at least cover half of my position. No ifs ands or buts. That is all I will say about last week and Friday in particular. I was pretty mad at myself all weekend, but its in the past and on to the next day.

The market is opening down which is good for my SRS calls spread. Depending on the action today, I look to get into some short positions in names such as ZLC, PIR and other such turds that are up 500% plus.

On the open I will be watching the banks with special attention to STT, STI, and BBT for short opportunities.

Good luck

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