ah what the hell. this blog ain't call day trade madness for nothing.

I've put in another telephone order for $10,000 worth of Biota shares, and a sell order at 2.5 per cent above what I paid for them. of course as they went up six per cent today they won't move for a while. but clearly if it takes a week to buy, sell and clear each trade, I need more than one lot of $10,000 in the market.

meanwhile, when I get my other shares cleared into CHESS, I'll be able to dispense with the stupid and expensive phone orders. I may still set up the special trading account that has the same effect, in order to get cheaper trades, but I'm still waiting on the documentation on that to come in the snail mail.

so I've got $20,000 sitting in the market now. wheee!