Today’s Transactions:
Opened a position in DRYS averaged at $65.42 Stop loss if the stock is closed below $53.00
Reason: The BDI index seemed to have bottomed. More important, the BCI sub-index has the biggest 1-day jump ever and this should provide further supports to BDI in the next few days.
Opened a position in SKF averaged at $101.29 Stop loss if the stock is closed below $90.00
Reason: This is mainly used as a hedge to long positions.
Today’s Return: 1.64%
Return YTD: -23.32%
S&P 500 Return YTD: -7.67%
My positions:
PG
UTSI Jan 09 10 Call
SOHU
ABX
POT
DKS
EEV
SRS
FXP
CAL
DRYS
SKF
