The worst of the good trades NSTR at .19 in gains. Not the best trade but it was good because it finished higher.
CNBC (the bane of the financial world) suggested to short MTL at 140 and cover at 130. Well I followed the advice. I shorted at the 150 level and covered at 140. /sarcasm=on Great call there CNBC /sarcasm=off . I did nearly the same thing again. A nice profit of 1469.
I also made some money just before tax day on APPL for $253.
My best call has been CitiBank. I have to say I love C (at least for now). I bought just before the news of the quarterly report.
I traded yesterday and make almost $1500.
Today I bought C again and expect to trade for a gain plus leverage some dividends on May 5. I am really hoping for a great run to $30. Then a retreat back to $25 or so would be great. So that is my hope for next week.
Next post: How much have I made and lost?
Friday, April 25, 2008
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