100%

I was perfectly productive yesterday! That is one day in a row now and I plan to continue the trend.

I did a Bear Call on Apple at 200. I was expecting a great quarter, but I thought that an additional 15% increase after Apple is already up 25% in the last month was going to be hard to do regardless. Thus far it is up to around $187. There is nothing major on the horizon and there are a lot of negative economic indicators out there, so I feel reasonably comfortable. Still, if I can trade out the trade for the Bear Call at 210, I will do so.

Other than that, I sold out of my positions yesterday. I am a major Bull at all times, but the last 2 months the market has been flying high during which the Federal Reserve and others keep saying that the lending crisis still exists. So, one of those eggs has to crack and I don't want to own a bunch of 50+ P/E companies when that happens. So, I'm focusing the buying I do on those companies that are higher value and lower P/E since they will have a lot less extra "hype" to drop off if something does happen.

And if nothing happens? I'm even happier, since I hate negative economic situations :) And, I will keep nibbling with bull-put selling to keep my profits flowing slowly but surely.

God Bless!