Thursday, January 14, 2010

13 Jan AAPL POT X

Dear readers,

Within 40 minutes of market opening. The mighty bear swung its arms and did some nasty damage. It was a good day for short sellers and put option traders of course.

But the bear only drop by for an hour or so, before the bull came crashing in, whether or not it could lift the market higher than previous day's highest is still yet to tell.

During that short bear opportunity I made a beautiful assassination in the market. Check it out:

Today I made a whopping (well at least by my standard) US$3,098.98 in net profit. Albeit at a normal percentage return of 7.9% after deducting commission.

Total time spent was about 1 hour and 24 minutes.

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