每日市场点评 --- November 21, 2007

Today’s Transactions:

Did a T+0 in DRYS: bought averaged at $74.93 and sold averaged at $75.40

Added more DRYS averaged at $80.47

Opened a position in WB averaged at $39.57 stop loss if the stock is closed below $35.00
Reason: at this point, I believe there is valuation in the financial sector if you have patience. The main reason I picked WB is due to heavy insider buying activity. Who can know this company better than its insiders? Better yet, it pays roughly 7% dividends now and that is certainly better than CDs. The downside risk is potential disastrous events in the financial market.


Today’s Return: 1.07%
Return since inception(June 05, 2007): 129.96%
S&P 500 Return since June 05, 2007: -7.95%


My positions:

PG
UTSI Jan 09 10 Call
GOOG Dec 07 400 Call
SOHU
DRYS
GOOG Mar 08 500 Call
WB

FRO Feb 08 50 put
CX Jan 08 40 put
ITRI Jan 08 100 put
UPL Jan 08 80 put