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Trading Update: Some new trades

September 27, 2007

1. My first trade was 18 contracts on John McCain winning the GOP nomination. Although McCain has severe funding problems and needs to move back the centre on nearly all domestic policy issue his fearless stance on Iraq has helped him and he seems to be up in the polls. I bought the contracts at various prices but the cost of the contracts was $16.32.

2. I bought 66 contracts on a third party candidate winning the White House. Although I don’t believe that Michael Bloomberg will run I can definitely see a McCain/Lieberman ticket forming if McCain doesn’t win the nomination. The contracts cost $10.40.

After trading fees I now have $476.99 left.

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