Thursday, October 9, 2008

TMA - closed red at -26.06% today; I had close to zero doubt that this would be a very good short.
CEP - closed red at -8.74% today
TRE - closed red at -7.53% today; turned red a day or two earlier than I tought.
HMY - closed red at -10.41% today
UNFY - closed red at -21.88% today
DROOY - closed red at -3.92% today
RZ - closed red at -7.17% today; wow, red at about -40% since last Friday.

My total gains on two small positions:
Total gain: $1172
10/9 gain: $606
10/6 gain: $566

Had I held my short of 1,000 RZ at $8.38 last week, which is currently at $4.79: I'm guessing about $3500!

2 comments:

Mike with a Prius said...

Nice week for you!

What's your total account size?

IL Torello said...

Matty84 thanks for stopping by! I started my website last week with 10K. I've been trying to refine my skills and become a better trader, especially in this economic climate. I started about a little over a year ago as a value investor - how boring. I didn't want to wait until I was Warren Buffett's age to finally enjoy my money. Some of the money I've made in the past using a different strategy I've put in a CD. This blog is definitely making me a better trader. I already caught something I need to work on...I risked probably way too much on my first trade in a few eyes, but I had a lot of conviction because of my research. In this game, it's better to hit consistent singles than a monster homerun once in a while. My strategy's a little different, but much better I think. I've been learning from some great teachers as well! Thanks!