Interesting day
January 22nd, 2008 by eyal | Filed under Day Trading. |
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It was sure interesting to watch the action this morning. I didn’t take any day trades but I was quite busy nonetheless. I liquidated a long SPY Put position, opened in December, shortly after the open for a decent size profit. I also added to a number of long term ETF holdings. Unfortunately though I didn’t add to my finance positions, I already have enough exposure to it anyway, alas “a bit” too early :-) The next few days are going be very interesting too as the market participants digest the news, the market action etc. we’ll see if the bottom has been put in today or if we haven’t seen enough pain.

