Archive for January, 2009

Trade Update: Covered DGP

(DGP: 57.19 0.00%)
Short @ $16.90, Jan 6
Covered @ $15.74, Jan 12

P&L: 6.53%

No doubt gold is going lower, but I’m clearing out as many positions as I can before Friday. Going on vacation.

Music: Koop, “Island Blues”

Trade Update: PWE

I covered (PWE: 22.21 0.00%) yesterday, for a total gain of 0.24%. Would’ve covered for +2.2% but believe it or not, because I posted the trade on the blog I thought “Well, I should execute my plan since it’s public!” That’s like reverse noise. I won’t let the blog control my trades, I won’t let the blog control my trades :)

Decided against holding the short, because:
- it’s very boring
- wouldn’t have made much anyway
- the stock was up on a day when oil was down (very uncharacteristic, worried me)

Boring and profitable would’ve been okay, better than exciting losses, but this was just blah.

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