Daily Status 2007-11-16
Friday, November 16th, 2007Account Value $800.91
Money $30.91
Securities $770.00
As of 2007-11-16 10:54:05 PM PST
Market turbulence yet again. Amazingly, both the Dow and Nasdaq ended this week with gains. CSCO announced that it will buy back shares! Thank goodness. It makes $40 by Jan 09 more likely. In other news, home builders should continue to worry about that sub-prime mess. However, some of their stock are offering dividends yields that are tempting strong value investors. I’ve adjusted my sell orders on the KBH call options from sell 2 @ $2 and sell 2 @ $3 to sell 2 @ $1 and 2 @ $2. Yes, I’m running scared. 
I should have stuck with a longer term put.