Quick post. Dumb move on Lehman (LEH). WHAT was I thinking?
Anyhow, I undid that trade, settled down, and am back to my usual trading rules. The market handed me a loss as quickly as I ever have seen. That was a head-fake with a rally, and now the bear came roaring back loud as ever.
Trade: Sold 1,000 shares of LEH at $31.411.
I shall keep you posted.
Just about every time I try something like this, I learn a lesson. OUCH.
Shows you why I still blog. Why I am accountable to all of you. And I am sorry if I disappointed anyone with that trade. I am human after all. It just looked too good to be true. And it was.
Yours in investing.