Well, I haven't posted in a while because I've been busy at work and that's when I usually post. I stepped on a couple of land mines with HBAN and CMI. I held them at a loss while they appeared to have support. Once they dropped below that support, I got out at a pretty big loss. I also sold Apple at a small loss and Verizon at a small gain. I sold because there's a lot of fear creeping into the market. Gas is getting close to $4 a gallon. Libya is a ticking time bomb. And now with what happened to Japan, I think it's time to be a Bear over the next month or two.
My long term options are getting killed as well, but I'm keeping them because they expire in January.
I have LULU in my 10% fund bought at $77.20.
In Jody's account it seems I can do no wrong. I sold HD on March 7 at break even. I then bought SDS at $21.98 on March 10 in anticipation of the market tanking. It's up 4% today.
The scoreboard after yesterday reads:
Jody's Roth IRA 8.04%
Ryan's Roth IRA -12.58%
10% Fund -3.09%
S&P 3.08%
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