Friday, June 16, 2006

The sleeping point

Paul Van Eeden writes about the sleeping point at Kitco Commentary (link). The cliche meaning is if investments are keeping a person up at night, he/she has too much in, and needs to sell some until they can get a good night's rest.

Trade
Sell EBAY (option exercise)
Sell WCG (option exercise)
Option expiration sees EBAY and WCG called away, PGR option expires worthless, will probably look to sell the August 27.5 call next week. It is refreshing to see some green plus signs on the spreadsheet in the net column.

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