At the end of the previous trading session I had the following position;
Long 300,000 USDCAD with ACB of 0.96444
In today's trading session all US markets continued to rally on good ADP numbers.
WTI Crude Oil prices increased as inventory decreased, and the USD weakened slightly.
Dow Futures rose as the data was announced, during Warren Buffett's live interview on CNBC.
Article - "Oil prices jump over $2 on signs of a strengthening economy"
http://finance.yahoo.com/news/Oil-prices-jump-over-2-on-cnnm-1370091538.html?x=0&.v=2
This is the first time I have heard of MAC virus problems, and it is hard to gauge how the stock will react long-term. As long as sales revenues are unaffected the stock should continue to rise.
Article - "Security holes discovered in iPhones, iPads - New security holes in iPhones, iPads stir fears about attacks; 'jailbreaking' in spotlight"
http://finance.yahoo.com/news/Security-holes-discovered-in-apf-309682075.html;_ylt=AlZpl9Pvp6R5t9uO_8UWo66xba9_;_ylu=X3oDMTFlbXNrM2Q4BHBvcwMxMwRzZWMDbmV3c0h1YkFydGljbGVMaXN0BHNsawNzZWN1cml0eWhvbGU-?x=0
A Stop-Loss Order was triggered earlier in the day.
Sell 300,000 USDCAD at 0.96500 (2011-07-07, 03:54 am EST) for a tiny profit.
I am currently in 100% Cash.
Our first line of credit was activated on 2011-06-16th (Thurs) and our second line of credit was activated on 2011-06-29th (Wed).
Total equity is 15% of June 1st and we are committed to trade ourselves back to our High Water Mark.
Stay Tuned,
Jeff
(2011-07-08, 00:10 am EST)
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