Thursday, November 16, 2006

Can't resist a quick profit...sold Motorola after 3 days! And stopped out on Oil long:

Motorola stock up 6% from when I bought it 3 days ago...$22.65...so sold
out the £10/cent I had bought on Monday. £1,246 to the good guys! This
stock market is nuts!

And I put a stop in this morning on Crude, with the sharp fall today, I
was stopped out my £5/cent long at 58.15, so losing £495. I was never
overly keen on this one, and can easily imagine a substantial fall in
energy prices due to economic slowdown and loss of confidence of the
bulls in this market.

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