SPDR S&P 500 (SPY): Foot, I just closed my GE position and S...

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learningboutinv

Re: Footquarters post# 22848

Friday, 08/17/2007 3:54:31 PM

Friday, August 17, 2007 3:54:31 PM

Foot, I just closed my GE position and SSO position from a couple days ago. Only got out of GE for a +$1, and SSO for +$2.25. But, I was worried about holding through the weekend and plus... my stomach needs some beer after all this volatility. Also I think SPX 1450 is going to be tough resistance. In a way I'm happy that I'm quiting my job and moving on... In the last week I've been able to watch the markets a lot more get some $1 scalps which will pay for gas money since gas is still a bit expensive. But I still left a 1/3 of my money that I bought at the close of yesterday in 401K Mutual funds pretty soon I can roll them over so no more mutual funds. I'll see about holding those til after labor day since I have to drive from Wash DC to Seattle in about a week.

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