Friday, August 17, 2007

Fed Cuts Discount Rate

Fed Cuts Discount Rate

Wow, holding GS and QLD overnight turned out to be profitable after all. As I type this GS up almost 10 points from my purchase price.

***Update*** Just sold half my GS in the pre-market @ $177.89 When the market gods give me almost 9 points overnight, I have to take some of it back. I'll let the rest ride a bit today, and see what happens.

***Afternoon Update*** Sold my other half of GS @ $174.23 and my QLD @ $86.35

I also bought another 250 of BEXP @ $4.60

At the close, I added another 500 BEXP @ 4.64

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