Holdings @ 07/09/2007

Sorry for the late updates of my blog lately. Next week I will try to be on time.

Dow has a big fall on Friday. I seriously think that great volatility is back and all of you please be careful about your trades. In this kind of market conditions, a wrong move will put you in deep trouble. If you do not understand how certain products work, like covered warrants, please do not even think of trading it.

Anyway, back to my own trades. Luckily, i have squared off most of my postions except for Gems TV. Think i will be keeping this for a while.

Opened Positions

Gems TV 50 lots @ 0.545

Closed Positions + P&L

Sold Penguin 50 lots @ 0.295 +$3250
Sold XLX 30 lots @ 0.975 +$600
Manhatthan sold 30 lots @ 0.9 +$4050
ChinaAngel 40 lots @ 0.555 +$1200
CAO 15 lots @ 2.46 $0

Trade with care!