GOOG I-Watch

12/09/2005

Dec 9 - See junk fly

Covered VTS 37.40-36.40. Scalped GOOG puts for another 20%, a fabulous and predictable trader so far. That finally broke my Friday losing streak going back about a month. Grinch or no grinch, December has been spectacular.

"You can never own enough when you're right."

12/06/2005

Dec 6 - Thank GOOG

LOL Can there be another Google?

Covered LEXR 7.70-7.95, so this dog doesn't need Toshiba to prop it up after all. Forgot about this 'bull' market and almost shorted SPEX on that ridiculous 150% move, but boatloads of penny traders kept piling in. Wasn't a bull market for CMTL as it broke badly on decent earnings and stayed down. Sold GOOG Dec calls and scalped them again for +30% and +25%. Traders want to squeeze every dime they can out of this cow so count on more rumors and urgent advice from the experts to keep things volatile.

12/05/2005

Dec 5 - BYOB

Covered NCTY 16.30-15.80, couldn't stomach any more insane pops on low vol. Short LEXR 7.70. More downside action in GOOG, in some GOOG Dec 420 calls. This one may be a rollercoaster thru expir Friday.