Tuesday, May 27, 2008

NET LIQ VALUE: $28,550.65

New home sales data were better than expected: bullish rally. And the market thinks the housing market is picking up (and foreclosure auctions too).

Attempted two trades today:
Shorted 200 shares of LEH with an average price of $36.045.
Tried to buy a few puts for AIG, but didn't execute.

I'll try again tomorrow.

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