Thursday, October 16, 2008

I'm spent

Yes, I am spent. I've made some gains recently on puts and took some losses on some calls. However, on the way down this last time I kept buying all the way down... and let's just say I am WAY OVEREXTENDED. The losses are mounting up and I really played this one stupid. I am hoping I will be able to get out of these even or at a reasonable loss. But with my bills coming due I may have outdone myself this time. I am contemplating taking out of HELOC to cover the bills because I really screwed up. I figure if maybe I admit it here the market may turn around? Yeah right, most likely not.

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