Wednesday, May 12, 2010

Update

Looks like the S&P500 closed almost exactly at our 1172 target today. I really hated closing out our short here. We will look to replay it. We got a little greedy. We could have taken a 4.5% gain; however, we wanted more. You have to be quick in here. Oh well, I thought we had a great chance to make some good profits given the news.(Our computers gave a 75% chance of us losing. I don't know why I go against our computers. I guess we don't trust the market anymore after last Thuraday) It is getting very tricky in here. We are probally going to take the rest of the week off and watch the roulette wheel spin for a bit. We are not going to ruin a good YTD performance in this environment. Check emails for updates.