DAY 29 UPDATE: Tuesday, 08-Mar-2005 9:52 PM
Tough day...near the end. Perhaps the only thing that I am looking forward to is a long night's sleep. The day was not as comforting...
The HOV options that I was in were sold at a loss --just $0.10 less than the purchase, but that led to a few hundred dollar loss. Well, that is expected from time to time. When things head south, get out quickly. That I did. But the feeling is not great.
Anyway, one of my stock investing practices is not to lose funds. When wrong, try to get out with no loss or just a little.
The overall idea is to be right about 70 or 80 percent of the time and when wrong, get out with no loss or just a small one.
That is not easy to do with options. However, I once again got out with just a small loss.
Other than that the rest of the day was taken up mostly by putting the final touches for the Maxsimo Card's new marketing plan.
That too is done and now I have to get the programmers to make it work.
I suppose I may feel this way as all the activities have warn me down. These have been long days.
I'll keep this update short. I've got to get some rest. Out 'til tomorrow.
