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Old 05-21-2010, 09:00 AM   #1
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It Pays to Listen to Rush

A friend called-in, the other day and told Rush Limbaugh that he and his investment group planned to 'short' BP.
This was little more than an eyebrow raise for me until Rush mentioned it again.

I pondered, and concluded that that was a hint and,
based on his track record of accuracy and that he stressed that his friends were doing it
and that he knows a lot of heavyweights in the political, golf and business world, there might be a trade to be made.

So we 'shorted' BP;

Account Number: xxxx-8256 - Michael Shatto
Order Number: 87244556
Symbol: BP May10 50 Put
Description: BP PLC
Stock: BP at 43.62
Action: Sold To Close
Quantity: 1 contract(s)
Price: $6.05
Commission: $12.95
Reg Fees: $0.02
Net Amt: $592.03

Thank you for trading with optionsXpress. We appreciate your business.

Guess this proves that; if you listen carefully....
there is good news out there.
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+Everybody knows something you don't know.
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