Just a post to say that I haven’t fallen off the face of the earth. With no open positions right now, I haven’t been blogging much about the markets. Right now I don’t have anything that I’m horribly interested in opening. I’ve looking through the option chains and as soon as I find something, I’ll [...]
Posted on February 12, 2008 at 6:01 pm
By Megan in Barr Family Blog
So the past couple of weeks haven’t been without issue… Aside from morning/noon/night sickness, I’ve been back in to see the doc a couple of times with some scary moments. During one of these appointments, an ovarian cyst was discovered. They say they’re very normal during pregnancy and often go away on their [...]
Filled and completely in cash in the papermoney account now.
$163,375.15 in papermoney cash that is.
Not a bad month.
I’ll keep looking to see what is out there for new positions. Until then, it’s time to count the profits.
I’ve placed orders to close each and every one of my basket positions. The only one that is going to cost a decent amount of money is the VIX(80.86 +0.00) spread. I’m goign to have to pay around $0.15 to buy those back.
Given the recent gyrations in the market, I’m ready to close these down [...]
So far, so good! Today the ‘basket’ of positions I opened on the 23rd gained another $2,500 of so of value. As the VIX(80.86 +0.00) continues to plummet and the indexes move further into positive territory move money moves into the account.
Most of the positions are now worthless, so I’m planning to spend a little [...]
Well there you go. Big Ben & Co. dropped the rate another 50 basis points this week. That’s 125 basis points in 8 days!
I fully expected this rate cut, and the markets seemed to expect it as well. As the week continued to progress, the market continued to respond nicely - even ending [...]
