Day 7

Today was a weird day. I didn't like how the market was going and I wanted to get out. I got out too fast, but better safe than sorry.

Another thing is that I had one of those "oh shit" moments at the gym. I was looking at the news and it showed the DOW at 8500. Since apple follows the market, normally that means apple is in the mid 80s. However, they had good earnings so they are offsetted by $10, which means that I should be thinking of them at $85 and not $95.

This kinda surprised me because I was thinking of them at $95, which is an obvious short on an average day.

Another thing to look out for is when the DOW breaks 8000.

10/23/2008 AAPL COVER 100 $95.8475
10/23/2008 AAPL SHORT 100 $96.76
GAIN: $91.25