Metaphysx.com

Holdings: CDS, CFC
Status: Down $357 for the day, down about $1539 overall.

Today wasn’t a good day to be holding on to anything. The DOW closed about 172 points lower than Friday and the market as a whole was crap most of the day.

What really sucked was that Scottrade was also down for much of the morning. So I couldn’t get out of my positions even if I had wanted to. But I wouldn’t have sold anyway. I’m waiting for a relative “up day” for both of them… which will hopefully come by the end of the year. I want to cut my losses, but will definitely sell both before the end of December and take whatever loss on my taxes.

The other crappy part is that I am waiting for my latest CTDC sale to settle (which happens on Wednesday). Today would have been a great day to buy something low knowing it will likely recover tomorrow or the day after. But since I couldn’t sell tomorrow if I had to, well, I’m afraid to get into that situation again. That’s partially what got me into this mess!