Monday, December 29, 2008

January 30th 2009

Another drip down day. 6 of the last 8 down all on lite volume. Sold chk at 15.50 from a 14.90 buy 4 days ago. Bought a very speculative american capital acas is the symbol paid 2.88 it fell to 2.80 but recovered to 2.90 There was some odd buying in the 2.50 x calls for january 09  1,805 and this is about 25 x the normal. My own observation no unusual software program. There are many of em out hear and thats why certain triggers are exasperbated in the indexes and stocks. Computer trading. Not alot of stocks have real wide channels anymore due to computer triggers settings. Asia is looking up for tues AM about plus 50 on the dow. G/L all