Monday, February 1, 2010

January Recap

January 2010 Recap

DOW down 360.72
S&P 500 down 41.23
Portfolio down $1,160.34

3 High Days

1/4 $894.92
1/7 $370.81
1/13 $369.50

3 Low Days

1/22 $1,018.45
1/12 $605.34
1/21 $602.36


13 trades this month over 19 trading days. $62.94 in dividends collected so far this year. Net interest of $.09 with $.10 interest collected and $.01 in interest paid out due from old margin debit of a couple of the days in early December.

My financial goal of $30,000 for this year is obviously off to a bad start. Need to make $31,160.34 for the next 11 months to hit this goal or $2,832.76 a month ($141.64 a day).

Will attempt to write some covered calls for this February expiration that should help bring in some premium.


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