SPDR S&P 500 (SPY): Gleno. I am in cash. I loaded the boat...

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learningboutinv

Re: GLENO34 post# 52818

Monday, 06/16/2008 4:51:53 PM

Monday, June 16, 2008 4:51:53 PM

Gleno. I am in cash. I loaded the boat on Friday and Today on QLD and sold all my positions during those two days. I would've taken a QID position when I sold QLD but I'm totally out of cash.

I got in trouble in the tech bubble burst fiasco so I had margin disabled on my accts. So now I have to wait til Wednesday for the settlement date from Friday. (Typically I make sure I have enough cash throughout the week by trading 1/4 positions, for better money mgmt.)

BTW - forgot about the U.S. Open today. Only saw the last hole. Man tiger won without playing for 2 months after knee surgery? Sheesh...

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