Friday, July 25, 2008

Covering Shorts-Going to Work on My golf Swing

I opened WFC puts at 1.5, Closed at 2.3. This was over 2 days and it was the only trade that I made. I did good. The Market is offering a good time to cover shorts here and then reevaluate. I can't gauge the Markets direction right now. Perhaps I will jump in before the days end, if I am alerted.

The Market has suffered a large drop yesterday on New Homes Inventories, and Today got a bit of optimism from a better than expected Durable Goods Report.

However my golf game is still not where I would like it to be.

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