Venkie: Thanks for your empathy. Are you a telepath? I sense that you are. You seem to understand me so well. As for losses, isn't the rule don't lose what you can't afford to invest? I'm glad it's not don't invest what you can't afford to lose. No matter -- I probably broke both of them today, but maybe breaking one will cancel the other. I'm sure I didn't lose much in my short-sale trades in DELL today -- probably less than $10,000. I can't give you the exact amount because I'm not very good with fractions. (What is 3 5/8 times 3000? I hope it's less than 10,000.) As for going long again with DELL, I had planned to do that near the close, but I forgot the symbol and by the time I'd looked it up, it was past 4 p.m. There are just too many things to remember while trading. I know the market closes at 4:30, btw, but it was time for a beer. In any case, I wasn't quite sure where I stood with my brokerage on some recent margin calls (owing to some ill-advised shorts in the Internet sector). I tend to ignore margin calls, hoping they'll go away, but lately they haven't. I was hoping I'd get some more money from an income-tax refund, but it turns out I owe the IRS, because of some penalties for not filing a return for a few years. I might not file again this year. If I could just make one good trade, I might be OK. I'll keep reading the notes on this thread, and jump in when everyone seems to think the time is right. You can't go wrong by going with the crowd.
Brooke |
