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farooq

04/15/08 1:21 PM

#1246 RE: farooq #1245

Sold QLD for 70.55 on S1 for 85 Cents profit no reason to sell just putting some profit in bank also sold April 44 calls for 51 Cents for 9 Cents profit, Still long May QQQQ 45 calls.
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royg1927

04/15/08 1:28 PM

#1247 RE: farooq #1245

" ..I have two strikes against me already."

April 44 calls a few cents under? Actually even at .45 I think on the two positions

Your May idea looks better.

Otherwise you're scoring VERY well today. Congrats.

I haven't done anything since early day scalps in AMZN (twice) and JPM puts and XLF calls.

All in cash since then. I can't see much direction, so I'n waiting.