Sunday, March 22, 2009

stock update

This week we saw a rebound in the stock market, along with options expirations. I had a couple oil related batches (USO, UCO) called away, missed out on the continued upside but made some money regardless as I wrote calls above my purchase price. Opened up a Roth IRA to defend our future selves from inordinate taxation without representation. Haven't picked anything there yet. Took a beating on ERX as it plummeted a few weeks ago and I foolishly held on, this week I put a stop on it to lock in the ground it made up. Made some and lost some with FAZ, that one moves around like a rabid squirrel lately.

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