Thursday, August 09, 2007


I was stopped out of the TWM yesterday (2% inverse of the IWM) and was not too happy about it. Today, however, I picked up some IWM puts when the market rebounded this morning. I bought the Sept 81 puts for 3.85 and caught the day's high.

LMC reversed hard from yesterday but finished pretty strong considering the market's weak close. I was really amazed my how MIND acted today. Up 2.3%! Amazing.
UXG is doing fine, but GBN had a horrible day. I'll keep an eye on that.

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