Thursday, June 5, 2008

Trade Update

Just a quick update.

JNPR and HON bear put spreads are working out well.

I lost a decent amount on my PBR bull call spread. Moral of the story, if I am a permabear, then stick to shorting! Jk, anyways...

There was a nice run up in PBR which offered me an excellent opportunity to exit the position with a small loss ($30).

Not much going on besides that.

Until next time, Permabear OUT.

1 comment:

Andrew Leonard Marketing said...

"Moral of the story, if I am a permabear, then stick to shorting!"

Agreed. Being bullish in today's market just loses one money.