Skip to main content

Posts

Showing posts from June, 2006

Miami Beach

Speaking of "Bad Mojo", I can never escape it. We walked dowm on the beach drive and saw the HP beach bash by the ocean drive. Most of the alcohol has run out except for cheap Vodka. There was no ice, either. People seemed very enthusiastic and joyful, however. Steve and I had some shots and that made me out of control for the rest of the night. We left and went to Mango bar. The visual stimulation is beyond my description. The bartenders were all so beautiful in the extremely skin tight clothes. The dancers/singers... it is visual stimulation to its maximum degree.

Lessons learned from option trading when stock market is near all time high

1. All the profits should be cashed in immediately regardless the $$ amount. 2. Do not get attached to the particular stocks. Nothing ever stays the same or predictable. 11/03/2006 (Painful lesson from WFMI 20% crash after earning report) 1. Sell the shares while it is all time high. 2. Don't chase the shares thinking if it would go up more after it has run up in a very short period of time. 3. Stock do come down!!