Managed to get out of the rest of Crocs by setting some buy orders well below the open. Actually got Crocs trade positive (impulsiveness got me into a mess and again discipline got me out) but kept holding 400 shares at 28.16. Will try to sell in the next couple of days. Started opening a position in LEH today. I'm short 550 @ $54.97 at the end of the day. Will fade in again tomorrow morning on any rise, but I doubt we'll see any. I don't know why I don't just scalp. I guess it takes too much "watching" and "acting" all day. I'm quite bored with it, even though I do well at it. Today was much more relaxing for me, I guess.
The fed report looked AWFUL. If tomorrow goes higher, expect a rally to 12900+ on the DOW, but I'm definitely expecting a head fake and a big down day tomorrow. We shall see.
Holding Long 350 Crox @ $28.16
Holding Short 550 LEH @ $54.97
$-360
Wednesday, February 20, 2008
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