Wednesday, January 23, 2008

Bought LTR, FF, and BWLD

Was thinking about SHLD but decided against it. Short-term (at least) mistake. Thought about the bounce spread trade - long XLY and XLF and short XLE and XLV. But didn't like the idea of shorting energy at this point (when it was already down 4% on the day). So that one is on hold still. Overall added about 3% of net worth to my stock holdings (borrowing on margin). Nothing radical.

P.S. 3:44pm New York Time (EST)

I added trades of 200 XLF and 100 IBKR.

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