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Monday, September 25, 2006

Trading with no discipline-Part 2

As I am writing now, oil futures dipped beneath $60 a barrel, Stock symbol DRQ gapped down from opening bell by $2.50 to $60 per share.

The only consolation is that I have only 1 postion on DRQ Bull Put Spread. Since the demage has been done , I will just monitor the postion and may hold it until the last Friday week of October and reverse the position entirely if there are no improvement on this stock.

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