Daily Status 2007-12-05
Wednesday, December 5th, 2007Account Value $1,010.82
Money $525.82
Securities $485.00
As of 2007-12-05 03:00:04 PM PST
Sell order got executed for EWH option at $3.10 today. Market pretty positive overall. Higher oil inventories and still the hopes of a mortgage rate freeze. Realized gains are $149.82 while current unrealized losses are -$139.97 — which means if it doesn turn well, I can likely offset one of the positions before the years over. Maybe then re-enter at a lower cost basis. If market goes favorably for the portfolio, then it’ll be nice and dandy for the new year.
I’m probably going to leave things unchanged until after the Fed meeting on Dec 11th. The days leading up to it may be too volatile to enter into any new positions. We’ll see what the fall out is.