BOUGHT +1 C 100 NOV 08 5 CALL @3.50

[caption id="attachment_801" align="aligncenter" width="500" caption="Citibank"][Citibank][][/caption]

Well that was fast. This trade lasted only 36 minutes. I shorted for \$3.25 and was stopped out for \$3.50. A lost of \$40 with commission. I dumped my holding when my stop was hit this time. No question asked.

The market rallied fast in the last 20 minutes to close at 858.82 for S&P 500. Let's see how the market does tomorrow.

[Citibank]: http://traderpau.files.wordpress.com/2008/11/2008-11-18-c1.png