Tuesday, May 20, 2008

cousin works in bulk shipping business

why do i tell ? because DRYS fell, even on good earnings, taking some of my money with it. not yet but i think it will. good company though. that's why i never play earnings. market reaction is often very unpredicatable.

market tanked. i bought a bunch of calls and puts. sold most but holding to MER calls, STLD puts (yuck), HPQ calls (earnings were a disappointment, should have sold yesterday when it touched 48, i was thinking that too). i should trade less and waste more time screwing around. i trade better that way.

it's tuesday, one of my favorite days for drinking, but i feel bleh, because i messed up my sleep cycle. don't ask.

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