Again, I have become neglectful in updating my blog, so shame on me. I need to be more active and take my time to enter my trades both good and bad. So let's get this thing rolling with my most recent trades and thought process. First and foremost...I closed out ALL my mutual fund positions. This may be an egotistical move to think that I can do it better than "professional" investors, however I want the fluidity to move in/out of stocks. Initially, I did have some sellers remorse because the market had a nice uptick the day after I sold, but overall I am satisfied with my decision.
I know these are a bit historical, but this was my latest trade activity:
* 10/21/08 purchased Dec $15.00 put(s) XJZXO (XLF) @ $1.25
* 10/22/08 sold put(s) @ $1.88
* 10/27/08 purchased shares of U.S. Steel (X) @ $32.27
* 10/30/08 closed out all shares of X @ $38.43
* 10/01/08 purchased shares of Vasco Data (VDSI) @ $9.98
* 10/03/08 purchased additional shares of VDSI @ $9.10
* 10/31/08 closed out all shares of VDSI @ $11.33
My general thought process moving forward is to focus on energy and industrials. I will also look at getting into some options on the larger indexes.
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