BOT takes me to the top

Being short 1,600 shares of BOT, I am putting my whole contest portfolio on the line. My average cost on the position (I shorted two 800 share blocks) is around $128, which is pretty close to its all time high of $135. The stock was up yesterday but closed towards the low of the day (closed at $127), and I knew today would be a great day. Not only did the stock break past its support point (which was $120 intra-day), it just surged downward setting a low of $113. It closed at $118.40, but though it rallied five points, I am still feeling good right now. The gains today were good enough to take me into first place overall, as I added about $15,000 to my account value. My account value as of the close today is $125,287.50; let the good times roll.

Other side notes:

• My shorts on ABP are worth $1.55 per contract; I paid $1.20 for them (this can change quickly though).


• The market had a bad day, as the NASDAQ gave up over 36 points, and the S & P had a distribution day.

Closing Thought – “The road to success is always under construction.”

Regards,