11/1/2007

I just don't know why the market moved so much downward today. I meant the negative news were just old news we all heard of before ( financials are terrible with the credit crunch and oils at record high is not helping all the oil stocks). Exxon Mobil and Citigroup pretty much dragged the whole market down. Fortunately, I was able to played grmn for +1/share and covered another quarter of my position on goog for -12/share. I'm really hurting on goog, but I think the tide will turn. As for tomorrow, it will be a huge day on the unemployment front and definitely move the market.


Long
vmw 84.50
Short
goog 90