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Post by brosin on Nov 5, 2010 16:30:51 GMT -5
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Post by brosin on Nov 6, 2010 11:34:38 GMT -5
May 2009:5/1/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=176609&mid=177153&tof=1933&rt=1&frt=3&off=1Re: Cosmic's MarketPlace Wrap 1-May-09 10:07 pm Cosmic - thanks for doing this everyday man. I think I can speak for everyone, but I for one really appreciate it. Very helpful especially on days when I'm not around the board after the close to know what everyone did. And with the navigation problems - even with Tef's Lion solution - it's a royal pain in the arse. As for me, I sold out on half of my FAZ position so I hold only a few hundred shares of FAZ and a small position in SRS. Very much think they are the play for the coming couple weeks, especially on a dip next week on a further test of S&P 888. The bulls have fought so hard that I feel the next sign of weakness will bring us back to 800 on the S&P. I believe the TA & Elliot Wave folks have mentioned 804 as being key support. Anyways, good luck to everyone next week. I ended the week slightly down. My FAZ made me a bit but chasing SRS kicked my butt. Also sold a decent position in Morgan at $21.30 that would've turned out to be a great trade if I had held out (bought at $22). Glad to watch most of you make money this week. I wish I had the confidence to day trade these more, but I suppose I've done pretty well grabbing some weekly moves. I don't want to risk Pattern Day Trader anyways as I don't have anywhere near the 25K min. -B 5/15/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=207714&mid=207819&tof=1790&rt=1&frt=3&off=1Re: Cosmic's MarketPlace Wrap - OpEx Friday edition 15-May-09 05:06 pm I'm holding onto my SRS as well. This will be my 3rd week of doom(tm). Started dipping toe back into the water for quarter positions in my long-term account today on some larger pullbacks like CLF, SOHU, and STI. Also looking to add more to my UNG/CHK holdings that I won't be selling anytime soon since Nat Gas has barely budged off the bottom relative to everything else. Trying to be very patient as I think we have a long ways to go but bear market rallies have a way of persisting for longer than most people expect them too. 5/19/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=215273&mid=215320&tof=1764&rt=1&frt=3&off=1Re: Cosmic's MarketPlace Wrap - Supersoaker Close edition 19-May-09 04:46 pm stopped out of my SRS yesterday so stayed in cash all day today. torn on what to think from here 5/20/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=219271&mid=220328&tof=1750&rt=1&frt=3&off=1Re: Cosmic's Marketlace Wrap - Sad FAStard day 21-May-09 12:48 am I was wondering what you were doing, Alpha. With your patience you're fine but hopefully you won't need it. Maybe light volume creates a squeeze situation.. seems like being short is a crowded trade (happened many times in past year). I had that feeling alot the past couple weeks. All we need is the next big leg up that catches shorts off guard. Everyone and their mom seems to have thought we should pull back, including me. Only thing that continues to worry me is the Yen crosses, although QE is definitely throwing a curve ball into things I grabbed some today at $9.35, thought about dumping at $9 but figured I'd see what happens 5/21/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=222496&mid=222655&tof=1741&rt=1&frt=3&off=1Re: Cosmic's MarketPlace Wrap - Did you donate edition? 21-May-09 05:51 pm No donation here. Holding strong for what will hopefully be a light volume squeeze tomorrow going into the holiday weekend Loved watching that level 2 - my new addiction for sure 5/22/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=225098&mid=225686&tof=1723&rt=1&frt=3&off=1Re: Cosmic's MarketPlace Wrap - Anemic Edition 23-May-09 11:43 am EVO - Stay in your comfort zone! Making intraday trades is VERY hard to do with consistency. More about luck. Even playing moves within a week is very hard to do. Many traders on this board would probably disagree since TA is so heavy here, but just thought I'd point that out No trades for me yesterday - Good luck to everyone next week and enjoy your weekends! 5/26/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=230097&mid=230439&tof=1665&rt=1&frt=3&off=1Re: Cosmic's MarketPlace Wrap - Diametrically Opposed edition 26-May-09 06:31 pm Anybody want to give me a quick rundown of what happened today? Haven't seen anything except the quick look I had after waking up before running out the door & seeing the Dow +200 Seems like the nervous shorts were nervous for a reason this weekend. Glad us Fastards made money today; hopefully it will continue this week. Good luck and thanks again Cosmic for this thread - time to look through. Hoping Gark got out early, that's the one thing I know. 5/27/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=233040&mid=233134&tof=1642&rt=1&frt=3&off=1Re: Cosmic's MarketPlace Wrap - V's Excellent Call edition 27-May-09 04:29 pm Still Fastarding it up here. Wanted to buy more a couple different times but thankfully I decided to wait and see how the GM news is reacted to. Still like our chances in the coming weeks 5/29/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=238860&mid=238932&tof=1616&rt=1&frt=3&off=1Re: Cosmic's MarketPlace Wrap - What the F edition 29-May-09 04:44 pm What a close is right. Felt like we were back in late March or April there for awhile! I felt like selling at $10 but decided against it. Gotta stick to my plan of waiting a few weeks and see how long the uptrend can last. GLTA and good work today fastards!
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Post by brosin on Nov 6, 2010 12:41:01 GMT -5
June 2009:6/1/09messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_D/threadview?m=tm&bn=87811&tid=243403&mid=243420&tof=1548&rt=1&frt=3&off=1Re: Cosmic's MarketPlace Wrap - Had to run to the store edition 1-Jun-09 05:38 pm Stopped out at $10.55 for a nice 13% trade from last week ($9.30). I'm happy with that after taking a few losses in a row this past month (damn trying to swing to the Dark Side). Bought RAD in my real money account right near the HOD unfortunately - wish I had bought it for real Friday along with my 100K Challenge account 15% lower. The chart looks great though! GLTA - hoping for a good entry point AH tonight or tomorrow but might have to chase otherwise. S&P closing at year high should mean good things. 6/2/09messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_D/threadview?m=tm&bn=87811&tid=245718&mid=245840&tof=1540&rt=1&frt=3&off=1Re: Cosmic's MarketPlace Wrap - Paint Drying edition 2-Jun-09 06:54 pm My RAD treated me to a nice day as my only position Never found my entry point on FAS today; maybe tomorrow. I was eyeballing below $9.50 and thought we'd sell off EOD but it never developed. Almost chased both times it made a run over $10.20 but luckily held out 6/3/09messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_D/threadview?m=tm&bn=87811&tid=248263&mid=248611&tof=1528&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - Sybil does Wednesday 3-Jun-09 07:14 pm I was incredibly bored today waiting for a bigger pull back. Wanted to pull that trigger under $9.50 on FAS but got cold feet. My logic was that if they are setting up for a big up day tomorrow they would've pushed the banks down much further and gotten shares on the cheap while they had the chance. So basically I think the EOD was a headfake. If I'm wrong, maybe I'll chase tomorrow but I expect to see a down draft at some point tomorrow morning that I'll want to take advantage of My RAD was down slightly but overall it was a watching paint dry day for me 6/4/09messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_D/threadview?m=tm&bn=87811&tid=251425&mid=251459&tof=1526&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap 4-Jun-09 06:16 pm Damn man, nice work today! I woke up late and to my dismay FAS did not pull back this morning as I was hoping. Decided after it made a new HOD to chase it at $10.40 - I know a big spike is coming, it's only a matter or when; definitely don't want to miss it My RAD is on fire; thought about taking profits but the huge green candle to end at the HOD made me think this has yet more room to run even in the short term Good day for the fastards are good days for everyone! 6/5/09messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_D/threadview?m=tm&bn=87811&tid=254577&mid=254600&tof=1517&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - USD edition 5-Jun-09 04:42 pm Really, Cosmic - had to mention the Easter Bunny in the first line? Come on, you're better than that. Even if there is a PPT, there's no way they're active on normal days. 5-0, damn, well on your way to 126-0. Soon you will need a paragraph ending and a fictional lion account where you can say you shorted FAS at $50 and FAZ at $115 On a serious note, nice work. You've been on fire lately I've noticed. As for me, my $10.40 chase on Fassie is a little underwater, but I had a great week in my best friend RAD. Very little trading for me this week overall, and I kind of like being patient more than trying to swing with people much better than I. GLTA next week and enjoy the few days off If it weren't for the HEBtards, I would've won the 100K challenge I think. I'll take a fictional weekly gain of 25+% every week though, that's for sure! 6/8/09messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_D/threadview?m=tm&bn=87811&tid=258711&mid=258892&tof=1503&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap 8-Jun-09 05:59 pm Nothing doing for me today - wasn't around for most of the day as I was in Chicago for an interview. My RAD/FAS combo left me a little down on the day. GLTA! 6/10/09messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_D/threadview?m=tm&bn=87811&tid=263642&mid=263678&tof=1490&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - Had a plan edition 10-Jun-09 04:41 pm First time I've traded in awhile. Bought some NEPH too late at $1.15 and just bought some SQNM AH at $3.98 Time to join in the fun; either that or I'm just in time for the dump. RAD has pulled back from $2 ($1.97 to be exact) nicely the last couple days - I think it might be poised for another shot higher. My target is still $3.50 or $4. Sold half my FAS for a small loss at $10.30 (from $10.40 buy) - wanted to free up a little cash. Overall, not the best day, but hoping for good things Friday if not tomorrow. Auction tomorrow could be buy the rumor, sell the news type action which would mean pressure early and a nice bounce late afternoon and into Friday, setting us up for a nice finish to the week. 6/11/09messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_D/threadview?m=tm&bn=87811&tid=266165&mid=266190&tof=1485&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - I suck edition 11-Jun-09 04:54 pm With the back and forth action today, I'm glad to have come out ahead. No trades, but my SQNM and NEPH bought yesterday plus my RAD holding treated me to a 2.7% day. You can bet I was pleased about that. Don't really know when I'll start playing financials again - wanted to short BAC at $13 but did not pull the trigger. Hoping to get the 100K going tomorrow to relieve some of the boredom of the past few weeks. 6/12/09messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_D/threadview?m=tm&bn=87811&tid=268657&mid=269005&tof=1480&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - Double squeeze edition 12-Jun-09 08:03 pm Great day for me. SQNM and NEPH played out really well, and I bought HBAN at about 2 pm and sold just now for a 10% pop. All in all, made about 10% today. With the market only slightly up, it's rare that I do that well  Enjoy the weekend everyone! 6/15/09messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_D/threadview?m=tm&bn=87811&tid=272531&mid=272803&tof=1469&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - I warned Edition 15-Jun-09 08:31 pm Made the mistake of feeling too good about my positions early morning. Was up somewhere north of 7 or 8% early on (NEPH, SQNM, RAD, HBAN), and should have taken some off the table. Didn't and ended up even on the day. I'll still take it, but frustrating nonetheless. Cosmic, not a fan of your 'I told you so' posts today. Some may have listened, some may not have; such is the way it is. To expect that everyone did/does is a bit much, and I wonder if maybe you're tooting your own horn too much even for your liking? You're not right everyday as holds true for everyone (except Tef of course). Just saying something because I know you're better than that. 6/16/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=274862&mid=274885&tof=1462&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - Sleeping Bull edition 16-Jun-09 04:14 pm Got my a$$ handed to me. Been waiting for weeks to get into APWR on a dip. Liked it at $7, never wanted to chase. Got my dip, bought at $11.70 and got crushed from there. RAD, SQNM, NEPH, HBAN, long only account - all down pretty large. Ah well. Mother market wins this one. Not even going to bother staying around today to see V & crew take over this place, so I'll be back tomorrow. 6/17/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=277770&mid=277821&tof=1443&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - Close but no cigar edition 17-Jun-09 05:02 pm Down slightly on the day (1% I believe). With what I was seeing at the market open when I woke up today, I'm thrilled. Doubled down on my APWR position to make my $11.70 avg a $10.25 one, so I was very happy to see it get up to $10 again even if it didn't hold. I'm still unsure whether it is a long term play (a month or 2 is long term for me in my trading account) or a couple week trade, which I agree is a "no-no," but with a 30%+ correction, all bets are off I feel. Also added my 3rd 25% portion of my desired SQNM position, giving me my average just under where it closed ($4.30). Wanted FAS down when I bought APWR (first hour of the day) but didn't want to buy both at once and see everything blow up in my face. Almost more inclined to play HBAN on a further drop below $4 (I've played this a few times this week but frustratingly only came out ahead by about 2% despite gaining 10% on my first trade of it). Still holding NEPH, again missed the dip to $.80 and maybe the 3rd time will be the charm for me averaging down a bit at that level. Still holding RAD but it has shown weakness for about a week and half now. Chart looks shaky to me but I still like it as a 2 or 3x bagger a few months out. To tell you the truth, I was surprised we sold off at the end of the day and would've guessed we finished up a good 1-1.5%. My intuition still says the weakness early this week means we will have a good Thursday and Friday as it is no doubt everyone has piled into puts this week which we all know should expire mostly worthless. Expecting to lose my $1 bernanke buck bet with Cosmic, but should come close to even on the week in SPX. That's my novella for the day. GL all 6/18/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=280836&mid=280861&tof=1426&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - I fell asleep edition 18-Jun-09 06:14 pm Not a terrible day, but being down a little bit with the market up is not the best feeling. No trades today for me - same positions. Trying to figure out Ken's fund's calls and how he knows all their trades as they happen, not to mention a host of other questioning things. He (or his group?) was way off today fwiw and has been in a slump, but not portraying it as such. I was supposed to leave a half hour ago... reason #10000 i'm addicted to FAS? Job interview tomorrow morning and I can't wait. 6/19/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=282992&mid=283037&tof=1418&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - Diphenhydramine edition 19-Jun-09 09:15 pm On my way out the door for the night (and most likely the whole weekend). Terrible day for me once again as APWR has crushed my account. Was waiting for a pullback and jumped on it, but this has been no ordinary pullback. Avg cost still at $10.25 (2 separate buys @ $11.70 and $8.80) and can't get myself to average down anymore, but I still like it as a longer term play. 52 wk high of $32 is still light years away. I believe I read something about dilution today, but then couldn't find anything in the way of verification of this and it might've just been a message board rumor. Didn't spend too much time looking as I was tired after a rough night's sleep leading up to my interview this morning and also took a nap. Yet for the stock to have dropped by almost 50% from it's recent high of $13+, there's gotta be something on the horizon. I'm hopeful it has been priced in, and now I'm officially a trapped long. Will ride it for awhile it seems. Happy father's day to the dads and I hope everyone enjoys their weekend. I'll be enjoying some shows at Alpine Valley tomorrow and Sunday night. Oh and Cosmic, your one Bernankebuck is in the mail as I was WAY off this week, evidenced perfectly by my disastrous showing in the Trading Challenge. 6/23/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=288300&mid=288320&tof=1395&rt=1&frt=3&off=1Re: Cosmic's MarketPlace Wrap - I love this range! 23-Jun-09 04:35 pm APWR made my portfolio show signs of life for the first time in over a week. I wish I could've traded the range like that. Haven't touched any of the leveraged funds for awhile though (not that it helped me at all). SQNM is looking good for me to get my 4th and final 25% increment tomorrow. The lack of news sent the traders running for the exits now 5 days in a row. Gotta be a short squeeze coming (I believe it was 10% short interest) soon I imagine. GL all 6/24/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=290708&mid=290810&tof=1385&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - Run the Stops edition 24-Jun-09 05:24 pm APWR and SQNM treated me to a nice 2nd day in a row. HBAN helped as well. RAD and NEPH have been my laggers, but not enough to hold my account down. Off to play some golf. Good day everyone 6/25/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=293165&mid=293200&tof=1369&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - Chickenhead Memorial edition 25-Jun-09 05:09 pm Chickenhead will be missed! A slightly up day for me. NEPH and SQNM up a decent amount. Too bad I wasn't invested in energy, huh? I predicted that "they" were holding the market down until the FOMC met so that the Fed's hand wouldn't be pushed to do more QE. Seems like that's exactly what happened as the market shot up big time today. Let's see if we're shooting for a blowoff top in the coming week or 2. 6/29/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=297581&mid=297700&tof=1348&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap 29-Jun-09 05:03 pm made a little bit today - RAD was up alot. others (APWR, SQNM, HBAN, NEPH) not so much. great weather here today in the midwest - i've been out a couple times and now off to play some golf. pretty boring day for the couple hours i was watching, but some interesting movements. not at all surprised the market was up over 1% today - bearish sentiment is still on the up and up, so plenty of shorts to squeeze and long-only funds that will need to get back in. volume was pretty light today until the EOD.
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Post by brosin on Nov 6, 2010 13:22:49 GMT -5
July 2009:7/1/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=301080&mid=301136&tof=1325&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - Bagholder edition 1-Jul-09 04:27 pm made my first trade in awhile - bought some ERX at $29.59. a little underwater so far, but that's ok. slightly down day overall, but locked and loaded for tomorrow. hoping for lower futures action in the PM so that we are set for a squeeze into the long weekend. i'm still not sure when i want to enter fassie again - i feel like i've been having withdrawals it's been so long. maybe i'll just wait until after the R/S 7/6/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=306806&mid=306827&tof=1296&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - Is 8(98) Enough? 6-Jul-09 04:26 pm What's up, Cosmic. I was back from my trip this afternoon and checked out the market about 2:30. Seeing that I am the PPT, I figured it was time to come to the rescue. No trades, but have to admit that despite not being around to actually watch how the trading was going earlier on, my gut reaction is that the "trap" or whatever you want to call it was set up perfectly on the low volume Friday > today. Everyone had no doubt gotten short by the middle to late afternoon today, just in time to get crushed. I've no doubt had a bullish bias for awhile though, so maybe it's just me who thinks this. Well, out for the rest of the day and be back later tonight. 7/7/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=308014&mid=308108&tof=1281&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - May 1st Edition 7-Jul-09 04:39 pm Here's something I haven't said in awhile: Thank god I own SQNM! lol, but yeah, it's the only reason I was up half a percent today in my trading account - my other 4 positions were down - RAD, APWR, NEPH, HBAN. i've been chomping at the bit to get back into my positions in my long only account - good thing i had patience, as i wanted to the last 2 weeks but didn't. today i just couldn't help it anymore. not feeling great about it, but often times it's when i'm nervous about things that it works out well if i give it enough time. hoping to hold for a few months at least. everyone is gloomy again, i just can't join in. time will tell if my stubbornness is smart or stupid. 7/9/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=312022&mid=312156&tof=1270&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - Reverse Split Edition 9-Jul-09 06:32 pm I had a nice day in both accounts - still wish I hadn't chickened out on buying my 2nd halves of my long terms yesterday, maybe tomorrow if we're down. Not sure why the market was even - everything on my watch lists was green. I just got back, haven't been around all day, but seems like the reverse split brought the idiots out in force.. can't even believe how many, I'M RICH posts there were. (and most were serious). My iggy trigger finger is going to be black and blue after going through everything. 7/13/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=315382&mid=315593&tof=1259&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - Gold Men in Slacks edition 13-Jul-09 07:24 pm Wow, quite a day it seems.. nice job fastards! My account didn't participate nearly as much as I would've hoped seeing that the market was up so much - didn't help being overweight commodities and underweight financials. My first day seemed long, but probably just because I didn't have much to do - no computer yet, and spent most of the day reading through manuals and shadowing someone around. Was hoping the market got off to a good start this week, and I'm happy that it did. Too bad I didn't buy my other halves of positions in my long term - probably gotta wait at this point. Oh well.
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Post by brosin on Nov 6, 2010 13:35:31 GMT -5
August 2009:
NO POSTS
(I started my job 7/15/09)
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Post by brosin on Nov 6, 2010 13:44:14 GMT -5
September 2009:9/15/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=382685&mid=382775&tof=1122&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap 15-Sep-09 05:31 pm More action for me today than I've had in a long while in the trading acct. Stopped out of FAS that I bought at $71 for 10%, bought DRN at $125 this morning and stopped out at $133.50 for 6%, stopped out of APWR for 10% at $11 that I bought just under $10 last week, bought some shares of RAD @1.79 that I had sold a couple weeks ago (missed some of its move which made me mad but it's one of my long term favorites), and bought some C at the EOD. Even with NEPH and AIG hurting me today, still a really nice day overall. Looked at my long term account that I haven't touched in months, and I saw that it has cracked 40% YTD. Yikes. What a year we are all a part of. 9/17/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=385503&mid=385750&tof=1112&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - Great trading today 17-Sep-09 07:36 pm Happy Birthday Jack! Continued my trading frenzy lately - after some months of very few moves, I've been very active in my trading acct. The patience was paying off, so hoping overactivity doesn't diminish my returns. Shorted AEM at the open just under $72 - 121 PE and I feel like Gold is going to get crushed soon. Either way, not a bad hedge I feel. Bought back the 2nd half of my position I had sold in SQNM earlier this week - higher than I had sold and a bit of a chase ($6.20).. thought it was going to run for a bit but no such luck. Bought back into APWR midday at $10.68 - I still love it and hated that I got stopped out at $11 the other day despite a good trade there. Quite undervalued for an alt-energy w/ a PE of 14-15 and a trailing PE of even less. Sold my FSLR position for a really nice gain (looking to get back in on a dip) even though I missed the day's highs by only getting $151.50 for them. Bought some UNG in the last minute of trading. Risky business I know - I wonder though if Nat Gas has bottomed. Just like with Crude in March/April, no one seems to think the bottom is in which makes me think it might be. I like CHK and HK more than UNG but the stocks have run up much more than the fund has so I figured I'd take my chances. Hoping to do nothing for a week or two, but we'll see how it goes. 9/21/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=388600&mid=388636&tof=1108&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap 21-Sep-09 05:01 pm Bought Potash - only move today. UNG, RAD, and CTIC held me back as did my DRV short, making it a red day for me overall. Mad that I sold out on AIG for no gain/loss a week before the squeeze I originally bought for. Current holdings - CTIC, NEPH, POT, RAD, SQNM, APWR, C, ERX, JBLU, UNG.. and short DRV and AEM. 9/22/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=389779&mid=389786&tof=1107&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap 22-Sep-09 04:41 pm No moves today - APWR, C, ERX, DRV short all did really well while JBLU, RAD, and CTIC were my laggers. Made 3% though still, so can't complain. NEPH, APWR, and SQNM are the ones I'm watching for nice pops this week. RAD could still see some great action if their earnings are good, but it's sitting right at support and hasn't looked good the last couple days. Still love it long term just as much as when it was under a buck, but not sure how it will do in the short term. 9/23/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=390857&mid=391205&tof=1106&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - Ole Fashioned Selloff 23-Sep-09 08:10 pm Not a great day - gave back yesterday's gains and a bit more, although since I was on the road during the sell off and couldn't see the prices, I almost expected to be down more than I was. Hey, at least IMGG was up, right? My trades today were LEHMQ and IMGG as well as selling my C position early on and setting up an AIG short during the post-FOMC pop. Something didn't feel right to me and given that I was so long the market, I knew I'd get rocked if it reversed. AIG hedge worked out pretty well but I don't have nearly enough shares short to have prevented a bloody day. Think tomorrow should see another dip in the morning but I will be a buyer at that point. 9/25/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=394192&mid=394201&tof=1103&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - LOL @ Me! 25-Sep-09 04:18 pm Not a good day, and not a good week. Not unexpected though. RAD and CTIC have left me holding the bag it seems, but I'm definitely not selling at these levels. Things can always be worse... Better luck next week - have a good weekend everyone! 9/29/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=396970&mid=397186&tof=1100&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - Alms for Squeakynome 29-Sep-09 08:24 pm Bought C in PM at $4.70 so even on that one. Sold some NEPH $1.45 to buy into ELON @ $13 and that looked good for awhile but it had a strange huge volume selloff late in the day right after a really weird pop from just under $13 to the mid $13s in a span of seconds. It wasn't just a trading glitch either as I was watching the Time/Sales chart and saw 5-10 trades process in the 13.50/13.40 levels. Also on the ELON board, someone mentioned that they got their high sell order processed. Other than that, I should've sold the SQNM I bought at $3 last night but missed the high $3s so decided to hold on. RIMM and APWR as well as RAD had some good days but my DRV short made it a flat day.
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Post by brosin on Nov 6, 2010 14:00:15 GMT -5
October 2009:10/5/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=402115&mid=402185&tof=1089&rt=1&frt=3&off=1Re: Cosmic's MarketPlace Wrap - th.bronze/Virt/Scott edition 5-Oct-09 04:50 pm This wrap sucks! No moves - good day. Didn't even wake up until 1 as I had the day off following my vacation to FL this weekend. 10/6/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=403469&mid=403481&tof=1087&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - Volley Tilly T 6-Oct-09 04:31 pm Bought ERX @ 39.80 - a little above where I sold it last week. Good day, liked what I saw - especially the fact that we held up well when everyone (myself included) probably thought we were going to tank. 10/7/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=404674&mid=404695&tof=1086&rt=1&frt=3&off=1Re: Cosmic's MarketPlace Wrap 7-Oct-09 05:10 pm BORING day at work. Sold IMGG and ELON for some pretty good profits. Waiting to get back in on both. Bought UNG @ 11.80 - hoping to get out in the mid $12s for a quick trade. SQNM and CTIC gave one of my accounts a nice (dead cat?) bounce. AA earnings + GOOG/BIDU breakouts should be good news for the rest of the week into next. Well on our way to new highs. 10/9/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=407321&mid=407330&tof=1084&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - TEF the Destroyer edition 9-Oct-09 04:20 pm Yeah it's sooooo embarassing to make money on a quick scalp. No moves today - content to watch. Down slightly on the day and ready to jump back on the long side if we dip Monday/Tuesday. Opex week should be interesting. GL all and have a good weekend. 10/15/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=413352&mid=413375&tof=1079&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - Damn 15-Oct-09 04:35 pm Bought some NEP $5.10, HEB $1.86, sold my CNO $6.60 (whoops!), shorted CNO $6.95. Usually days where I have alot of trades are not good ones. Today was great though. Holding CNO, ELON, HEB, IMDS, IMGG, NEP, and NEPH at the moment. 10/16/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=414786&mid=414862&tof=1077&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Warp - Trap Door Edition 16-Oct-09 05:10 pm Covered my CNO short $6.50. Successfully played the long and short side of it the past 3 days. Bought some SVA during the run-up and doubled down in NEPH $1.50. SVA has been the thorn in my side while NEPH has been the opposite. Sold out of my SVA the other day for a slight loss at the worst possible time. NEPH has been good to me so hopefully that won't change. Upward momentum sure fell off hard today - no 12 day up streak this time I guess. Pretty sick so I'm about to go start enjoying a relaxing weekend. Gotta read up in the Tea thread! Have a good one everyone 10/19/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=416881&mid=416905&tof=1074&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - Waiting 19-Oct-09 04:34 pm Sold my ELON for a nice profit @ $14.75 - didn't seem to want to break out to a new high today. Might tomorrow though. Either way, I'm looking to get back in at or below $14 for the next run. I've liked trading this one. Shorted APWR at $12.13 - for those who know me, I am in love with APWR. Missed the last $1 though and figure it will go back into the low-mid $11s so I'll try and take advantage so that my entry is net even lower when I cover and go long. Not a bad hedge either in case of a down market tomorrow which a few people told me they see. Bought CYOU at $30.60 - I had my eye on this one for about a week after a friend pointed it out to me. I love SOHU from a valuation perspective compared to BIDU/GOOG, and since CYOU is a very recent IPO spunoff of SOHU's gaming unit, I think the <10 P/E will only persist for so long. I'm actually seeing a double up here within the next 3-6 months. Time will tell. Take a look. Pretty good day overall. NEPH was holding me back early on, but it mooned at the EOD (on very light volume though). Have a fairly large position in it by my standards but I'm used to its volatility enough to wait for a good exit point. NEP was my big winner on the day. Another very low multiple on this one for those interested in an Oil play. 10/20/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=418114&mid=418122&tof=1070&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap 20-Oct-09 04:23 pm Sold half my NEP on the early day moon @ $5.65. Bought DRYS at $7.30 and FAS at $85.85. Covered my APWR at $12 for no gain - thought it and the market were going to bounce. Not a good day (-2%) as SVA and NEPH hit me pretty hard. Better luck tomorrow. 10/21/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=419394&mid=419456&tof=1068&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Warp - No error there 21-Oct-09 04:25 pm Looks like we'll be beating the bears off with clubs again tonight. Could've been much worse... -1.5% on the day NEPH saved me from seeing blood everywhere. SVA clobbered me again and DRYS ran out of steam - should've sold it I suppose. Sold CYOU $33.78 - got lucky there. Bought FAS $87.20 and $86.17... will be patiently holding the bag and will probably buy more in the coming days. Holding FAS, SVA, NEPH, and DRYS currently, and will be getting back into CYOU, APWR, CNO, ELON, and NEP (hopefully) very quickly. 10/22/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=420888&mid=420924&tof=1066&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - Wipeout! bwahahahahaha 22-Oct-09 04:29 pm Well - I was a little surprised by how fast I got back above water on that FAS trade, but I'll take it. Sold just before EOD at $87.15 - made .75 on the trade when all was said and done but commissions made it a flat one. I'm fine with that given the huge spill yesterday. I want back in but will hopefully see a pull back to jump on tomorrow. AMZN not helping in that regard. Sold my NEPH near EOD for a slight loss - took forever to get out. Bought ELON and APWR with the funds and am sitting on a little cash with which I will be buying CNO, NEP, and CYOU in the morning. Got back 3% today thanks mainly to SVA and FAS. SVA is on the naked short list I found out, and I haven't really decided how I feel about that. The squeeze in the first minutes of trading today is what I'm hoping for, but I need to see $8.50+ before I'm above water there. Back at it in the morning... 10/23/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=422634&mid=422684&tof=1065&rt=1&frt=3&off=1Re: Cosmic's MarketPlace Wrap - Stew! 23-Oct-09 04:48 pm After I sold my FAS at EOD yesterday, I took those funds and made a decision between 3 different choices. AMZN, CYOU, or FSLR. Had an order for AMZN at 102 that didnt fill. Rather than chasing, I decided to put it into FSLR and hope the market gapped up. Never happened and out of those 3, I wouldve made bank on 2 of the 3. Instead I got stuck with the 1... On top of it, bought some MSBT on the initial dip @ .29 as I had been watching it lately and thought itd pop back after MMs ran all the stops. Needless to say, yikes. Bought CNO late in the day, $6.10. Didnt work out either. So took one on the chin today but thats ok. Nice call, Ken. Have a good weekend everyone! 10/26/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=424773&mid=424814&tof=1061&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap 26-Oct-09 04:27 pm Put a $1 trailing stop on FSLR in first hour of trading (had big position from $151.50 on Thursday). At that point it was almost $156. Dumb move as they came and grabbed it within 2 minutes and then ran it up to the HOD at $158. DAMN! Green is green though I suppose. At that point I jumped in CYOU - $31.50 - if you have never looked at it, please do. Talk about an undervalued tech/high growth stock... don't feel ashamed to pump this one as it could make alot of people alot of money going forward. Also bought NEP - $5.25 (too early) - and doubled down on SVA - $7.90 (too early again). Avg cost on SVA now $8.20 and I'll be beyond thrilled if I can get back above water there. CNO and NEP were the weak spots in my portfolio today, but MSBT was up huge after tanking on Friday and SVA did me really well as did the CYOU. APWR was even which was disappointing seeing the early morning spike (+6% early on). Wanted FAS and may grab some tomorrow morning. Acct was up 6% today somehow, which I attribute mainly to getting lucky. I wanted to own CYOU over the weekend as their earnings came out this morning, but luckily I did not as it started the day down 10%. Instead I got in way lower... thanks MMs! 10/28/09 messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=427705&mid=427959&tof=1059&rt=1&frt=3&off=1Re: Cosmic's MarketPlace Wrap - Wow, just wow 28-Oct-09 07:09 pm Yikes. -5.5% today. No trades. Didn't even want to look - couldn't get myself to watch until later in the afternoon. Puur's smiley faces are beyond annoying now. We must be close. 10/29/09 messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=429640&mid=429684&tof=1054&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - The Poll 29-Oct-09 04:43 pm We already know what will happen on the dollar front. The Fed has printed money like there's no tomorrow. If there was a fear of them raising rates, it'd keep the USD in check. They have made it clear that they're not though. What's happening is inevitable. Can't and shouldn't fight this train. Again, I know it's easy for me to say this today... but Cosmic knows I was saying this all last night despite the Doom(tm) of the past week. As for my acct, I was up 4% today. Following a -5.5% day, it sounds a little less good. But I'll sure take it. APWR and ELON were my big winners with CNO and X not far behind. 10/30/09 messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=431617&mid=431632&tof=1052&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - Broke Trend 30-Oct-09 04:19 pm Lost $20 more dollars than I gained yesterday. Lost 4% - could've been worse. I'm transferring funds from one account to another and therefore haven't been able to trade the last 3 days so that the funds could settle. Wasn't fun being stuck but at least it's over. Still bullish. What else is the rainman to do? No doubt everyone will feel bearish for Monday. Could it mean a big gap up? Probably not, but here's to hoping. Everyone enjoy your halloween weekend and be safe!
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Post by brosin on Nov 6, 2010 14:17:50 GMT -5
November 2009:11/2/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=434365&mid=434378&tof=1045&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - ALL the marks 2-Nov-09 04:31 pm APWR +4.8% CNO -.77% CYOU +.5% ELON -3.22% MSBT -23.8% SVA +3.1% X even Lost 1.4% due to MSBT. It's times like this I wonder why I even look at pennies/bios lol. And I thought my entry was good ($.29 - 40% off the high). Whoops. Seemed like every time I'd look away for 20 or 30 minutes, I'd check back and see a drastically different market than the one I had looked at prior. Mentioned to Cosmic, volatility always picks up at inflection points (a math rule of thumb). Since trend has been down, I'm holding out hope that it is signalling that we've hit a short term bottom. 11/3/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=436066&mid=436110&tof=1043&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - No Flush... yet 3-Nov-09 05:28 pm Very good day and very happy about it. APWR +.6% CNO +5% CYOU +1.2% ELON +2.8% MSBT +20.6% SVA +3.5% X +3% +3.6% overall - slowly making my way back from the mess of late last week. 11/4/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=437856&mid=438119&tof=1042&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - Fed Flush edition 4-Nov-09 07:03 pm APWR -2.5% CNO -.7% CYOU -.1% ELON -.7% MSBT -4.2% SVA -.1% X +.1% Blah day, -.7% Was doing really well before the late day sell off. ELON down a bunch in AH but CNO up a little - both reported better than expected earnings. 11/5/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=439539&mid=439554&tof=1039&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - So tomorrow is... 5-Nov-09 04:20 pm APWR -2% CNO -5.4% CYOU - +2% ELON -3% MSBT +2.7% SVA +3.5% Was the market up today? LOL. I was down 1.5%. I sold my X yesterday in AH to buy some more ELON on the dip @ $13. Bought some more CNO earlier this morning at $5.08. Quite a frustrating day as you watch your portfolio go down as the market continues to go up and up and up. And with that UUP stuff, it was quite the interesting day to watch regardless. Feels like the twilight zone. Piss poor day for me but hey at least the market did great! I'm sure alot of people made some good money. 11/6/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=441242&mid=441462&tof=1034&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - Dialup Edition 6-Nov-09 07:11 pm Today was good, and hopefully a good precursor to the next few months. For the many traders here, probably not what they are looking for. But a less volatile stock market would be good for global economic stability. Last year it only lasted for a couple months around this time, but maybe this time it would last longer. All in all, I am surprised we took worse than expected numbers in stride, especially given the big move yesterday. Bought some IMGG today @ .77 - started trying to grab at .74 but it was already pulling up. The last time I bought into it near the high on a Friday late in the day, I sold Monday 40% higher. Thatd be nice again but I have my hopes set a little lower. Other stuff did ok. APWR dropped mysteriously on no news late in the day. There was speculation it was heavy short covering. APWR -2.3% CNO -.2% CYOU -.5% ELON -.8 MBST even SVA even -.6% today 11/9/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=443372&mid=443408&tof=1025&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap 9-Nov-09 04:24 pm Very nice day. Sold my IMGG near EOD that I bought Friday. $.77 to $.98 is a trade I will take every time. For anyone watching it, the other 3 times it made new 52 wk highs, the next days all saw selloffs. First one was a 1 day selloff whereas the other 2 were 2 and 3 day selloffs. Wait for your entry - this company really does seem like a winner. But do your DD obviously. Bought some FSLR with those funds (@ $119). APWR +6.5% CNO +4.7% CYOU +6.1% ELON +2.2% IMGG +25% (now sold) MSBT -2.6% SVA +.2% +5.4% today. Gotta love it. 11/11/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=446030&mid=446186&tof=1017&rt=1&frt=3&off=1Re: Cosmic's MarketPlace Wrap - Damus Contest Winner is... 11-Nov-09 07:04 pm Pretty even today - didn't post on wrap yesterday. Was down about 1% if i remember correctly (ELON being most of my decline). Today +.8% APWR +1.1% CNO +2.7% CYOU even ELON +1.6% FSLR even SVA (short) -4.4% I thought we were about to drop alot midday as a few others have mentioned as well. Was surprised it held up. Had my short position ready to rumble (IAG - a 131 P/E and is in the midst of a breakaway chart like AMZN) but luckily held off long enough. What's the astrological significance of tomorrow again? And should I be worried? Maybe a -damus can help me out. Thanks to Dual for more options talk. A few years down the road (or maybe sooner), maybe I'll know what I'm doing enough to try losing money that way. 11/12/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=447223&mid=447246&tof=1015&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap 12-Nov-09 04:25 pm Blood. Red. APWR -4.2% CNO -1.5% CYOU -2.4% ELON -6.5% FSLR -3.7% SVA (short) -8.2% Down 6.5% today. YOWZAS. Also remembered the day that I did not post on the wrap, I sold my MSBT for a pretty substantial loss. Momma said there'd be those days. 11/13/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=448576&mid=448744&tof=999&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap 13-Nov-09 07:09 pm I could not take my eyes off IMGG. Near the daily highs, it had a market cap over that of ELON, APWR, and SVA, 3 of my favorite long term plays. Part of it was I own it in a friends account that I run, but alot of it was just fascination. To see a company go from nothing to the relative big time (at this point I do not think it could possibly be a P&D) has been very cool to watch just for the experience alone. It did not help my work get done quickly and my afternoon ended up much busier than normal today... No moves for me. I sold 1/2 of that IMGG position mentioned @ $1.63 and bought some NEPH later in the day with those funds. It is funny because if he had a margin account, I would've definitely sold it pre $1 like I had my own shares. As it was, the T+3 prevented me from doing it and I thought he was going to be a baggy. I bought his a week ago today (same day I bought mine) @ .75. I tried to get him to give me the go ahead to sell the rest in the high $1.80s today as I felt it had to slow down, but he wants to hold. As for my own acct, thank god I recovered some of yesterday's blood bath. APWR +4% CNO -1.7% CYOU +3.2% ELON +1.7% FSLR +2.5% SVA (short) +2.2% +2.6% on the day And I'm holding my SVA short over the weekend. Cant say I am happy to be taking the other side of some very smart folks, but something inside of me doesn't feel right to me and my get feeling wont let me cover yet. Too much exuberance imo for a stock I've experienced first hand to be anything but predictable. If it does moon and squeeze the sheeeet out of us shorts, it'll still be great to see you guys make a killing. You all have way more skin in the game than I do anyways and I think it's a great play in the long term. 11/16/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=450784&mid=450950&tof=1010&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap 16-Nov-09 07:49 pm Good day all around. I was pretty nervous about my SVA short when I saw earnings and the new order last night. Got lucky on it - I'm pretty sure it is options related, so continue to hold for now. No moves today and up 3.8%. 11/17/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=451914&mid=451959&tof=1009&rt=1&frt=3&off=1Re: Cosmic's MarketPlace Wrap - Two for Sanjay 17-Nov-09 04:43 pm Had an order early in the day for my APWR at $13.50 - too bad I didn't have the patience to wait out the full day or I would've gotten it. Got $13.13 instead but I'll take it. Actually wish I hadn't sold b/c it will probably gap up large again tomorrow. Shorted some more SVA with those funds @ $8.20 (too late probably). APWR +13% (sold) CNO +.2% CYOU -.3% ELON -2.8% (turd lately - almost averaged down again) FSLR +.5% SVA (short) +3.4% +4.2% today - all the way back from the destruction that was my account on Thursday now. 11/18/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=453480&mid=453619&tof=1007&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap 18-Nov-09 06:40 pm My APWR to FSLR move in AH today was poor timing. I could've sold the FSLR today almost 3% higher at the open and bought APWR down 2%. Ah hindsight and coulda wouldas. Added to my SVA short at $7.92 today - I'm honestly surprised that it went perfectly according to plan. This just does not seem like a stock where the weak hands have been wrung out enough yet and I am content to wait for one more washout before covering. I still plan to go long although I've become less confident about that. Cos wanted me to sell my APWR today near the top, and as usual, he was right. My position is more like a 'cherry on top' though as I grabbed almost all of yesterday's move. So I'm hoping to ride it into a new 52 week high but will probably stop out for a loss if it shows any major weakness (that isn't the first half hour of trading - APWR is the king of false moves early in the day, both directions). APWR +2.1% CNO +.9% CYOU -1.2% ELON -.7% (prime for a move, almost pulled the trigger on my 3rd avg down today) SVA (short) +6.6% +2.7% on the day. Chipping away. 11/19/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=454721&mid=454937&tof=1005&rt=1&frt=3&off=1Re: Cosmic's MarketPlace Wrap - Cautiously Bearish 19-Nov-09 07:25 pm Sold my CNO for a loss early on this morning @ $5.17 - averaged down in ELON ($11.85) and bought IMGG just under $1. Later in the day, bought FAS at $76.25. APWR -4.3% CYOU -3% ELON -3.8% SVA (short) -2% -3.2% on the day. Not too bad considering my hedge did not hedge (not at all surprising though). 11/20/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=456380&mid=456455&tof=1000&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap 20-Nov-09 06:01 pm Sold my IMGG early on @ $1.27. Covered my SVA @ $7.56 - a heart wrenching week that was. Glad I got out with some good gains. Bought LVS $16.30. APWR +4% CYOU +1.2% ELON -.8% (does it ever end? lol) FAS -1.5% IMGG (gone) +18% LVS even SVA (short, now gone) +3.6% +2.8% on the day - pretty good week overall although I don't have the #s in front of me at the moment. Enjoy the weekend everyone! & Just bought some DRYS in AH @ $6.33 Time to call it a week. 11/23/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=458118&mid=458147&tof=996&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Warp - Cosmic, Swing at the ball! 23-Nov-09 04:52 pm Trading extravaganza for me this morning. Didn't like the looks of the FAS chart early on, so bailed on some of my longs. Sold APWR @ $14.50 / FAS @ $78.93 / LVS (stopped for loss) @ $16.13 / DRYS $6.18 (sold for loss) Shorted GOLD @ $85.50 / IAG @ $19.37 Bought NEPH @ $1.17 / IMGG @ $1.265 / SVA @ $7.50 ELON was up quite a bit today as were my FAS & APWR when I sold them. +1.6% today, and that includes probably at least a 1% hit on the commission side. 11/24/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=459152&mid=459273&tof=992&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - Boned with Sequenomed 24-Nov-09 07:10 pm Covered my GOLD early @ $83.16 - made a couple % there. Bought APWR on the dip @ $14.20 (traded at a new 52 wk high in AH - $14.99). Also played the SQNM bounce @ $3.85 Those were all good plays. I also day traded CNO for a 4 cent loss, but no big deal. ELON +1.3% IAG (short) +1.8% IMGG +6.3% NEPH -1.8% SVA -2.4% All in all, I was up 2.3% today - pretty happy with how it went. Also, for the few that read my nonsense, take a look at IMDS. I bought some a couple months ago at 2 cents. I only bought $60 worth (LOL!) so I never mentioned it - nor do I feel comfortable recommending looking @ literal penny stocks. It has been up a week in a row now and has been gaining volume. I think it is just catching some of the waves from IMGG, but I thought it was worth throwing some pennies at. 11/25/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=460143&mid=460234&tof=987&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - Happy Thanksgiving 25-Nov-09 07:15 pm Interesting day. Had so much promise but I managed to mess it up a bit. Sold my APWR early on for $15.70 - missed a $1 of the move afterwards, but on the drop from the high I picked up my shares again at $16.10 thinking it would run back up to a new high. Not quite but it did finish the day pretty strong. Bought some DRN - only my 2nd spin on this one, but it seems like a steal to me at $115 so started a small position that I hope to add to before the next run. Also bought more SQNM at $4.08 which didn't go as planned, covered my IAG @ $19.64 which was a good move in hindsight, and sold my IMGG @ $1.27. The IMGG sell is particularly bothersome, but I needed to free up funds to buy back my APWR shares as I had already put that money into SQNM and DRN. Too much trading as usual lately. Still finished +.5% on the day so can't complain about being green. APWR +8.9% (only the part of the move I caught) CYOU +.2% ELON -1.6% NEPH +.9% SQNM -12.9% SVA +5.4% Happy thanksgiving to all! 11/27/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=462176&mid=462199&tof=983&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - early close edition 27-Nov-09 01:36 pm Bearish going into a Monday? The playbook seems to have been the opposite for quite awhile. About time to buck the trend, I suppose, but I'm not willing to go out on that limb. My day started bad, turned great fast, and then finished on the dull side. Sold my APWR for another big gain @ $17.80. Bought IMGG @ $1.33, DRN @ $109, and AONE @ $16.70. Sold my ELON along the way for a nice big loss at $11.57. Will get back into ELON and also watching CLD for interest to perk up. Finished even on the day, -.1% to be exact. Since the bears saw today as the start of P3 last night, I can't complain as I expected to be down a ton. AONE -4% since I bought APWR (now gone) +9% CYOU -2.8% DRN -9% IMGG +8% NEPH -3.5% SQNM +7.2% SVA -3.1% 11/30/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=464065&mid=464208&tof=980&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap 30-Nov-09 07:16 pm Mondays are fun. Let's see... sold my IMGG for a $.20 gain @ $1.53, half my SQNM for a $.40 gain @ $4.25 (still holding shares from $4.08), sold my AONE for a $.50 loss @ $16.20 (wanted to free up funds but still like AONE), bought CLD @ $13.45, and shorted APWR at $17.70. The APWR trade was a trip. I badly wanted to short it on the open (would've made BANK!) and again over $18. Unfortunately, I had no avail funds and was waiting to see my IMGG and SQNM trades settle before selling. The IMGG kept moving up as expected, but the SQNM did not. Eventually I got frustrated with waiting and saw APWR dropping, so I dumped the 1/2 SQNM, IMGG, and AONE so I could short it. It moved FAST to the LOD at $16.30 - I should've covered in hindsight maybe, because it surprised me by running all the way back up to above even on the day (to $17.90 again I believe) before sinking into the close. I tried shorting more shares all day long on pops but they were not avail. I'm still kind of surprised I found shares at all (feel lucky actually). Anyways, I had been riding APWR up and up and up, and I feel like it has run out of steam. Earnings are Thursday and I don't see it hitting a new high until after that. Even with a great earnings call (APWR never has one), I don't think it will make new highs until is settles back a bit. Could be wrong, but we shall see. I'm hoping to cover in the $15s if not lower (big gaps at $13 and $11.50). All in all, it was a great day and could've been even better. The DRN I bought on Wednesday and Friday is now in the green way faster than I even hoped. APWR (short) +3% from where I shorted CLD even CYOU -.5% DRN +11.7% NEPH -2.8% SQNM -.7% SVA +.5% +4.3% on the day - been a good month, I'll say that. But gotta be careful not to give it all back. In any event, I remain very bullish and was happy to see the market's resilience even after the good news turned out to be not so good. Seemed kind of doomy early this morning. The REITs and Banks look to be breaking out again, which doesn't surprise me given the prevalence of skepticism/bearishness not only on this board, but in the mainstream media and retail investors that I know who pay only the slightest bit of attention..
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Post by brosin on Nov 6, 2010 14:30:31 GMT -5
December 2009:12/2/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=466198&mid=466283&tof=976&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - Roll Call time 2-Dec-09 05:40 pm All streaks must end - I had a nice run though I suppose. Didn't get a chance to post yesterday, but basically 2 plays - shorted APWR a couple times and sold my DRN near the EOD / bought DRV... it was a good day. Today, not so much although in retrospect it could've been much worse. Just missed covering the APWR right off the bat and had to keep moving my order up until I finally got $15.75 (started at $15.30, yuck). I would've waited except that APWR is notorious for big reversals after big moves on the open. So I was quite nervous since my avg had been $17.35. So a good profit there although left a TON on the table. The DRV kicked my butt as it did Clair's. I am still holding unfortunately. Bought a tiny bit of SQNM at $4.20 - should've maybe bought more or none at all, but oh well. Didn't post it at the time, but I shorted into the AONE HUGE squeeze. Was getting my a$$ handed to me there too for a bit as it mooned way higher. My entries were $17.97 and $18.25. Thankfully it is a decent amount lower now. Not sure if I'm expecting a down day tomorrow because of my DRV long / AONE short or if I'm right in thinking that it feels like we've run out of steam... but feels like a down day is in the cards. AONE more or less even so far APWR +2.4% prior to exiting CLD +1% CYOU -.5% DRV -4.4% NEPH +5.9% SQNM more or less even as well When all was said and done, I was only down a little under 1% - could've been better, but could've also been way worse if the AONE / DRV positions had gotten even uglier. 12/3/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=467493&mid=467529&tof=975&rt=1&frt=3&off=1Re: Cosmic's MarketPlace Wrap - Dec 3 Doom 3-Dec-09 04:28 pm It took me liquidating the remaining long positions with the exception of NEPH and averaging down into a falling knife (scared the crap out of me), but I am now down only .03 on my DRV trade. Sold my CLD for no gain and SQNM/CYOU for small gains and got my avg to DRV down to $15.30... I *think* I'm going to hold into tomorrow given what looked like a reversal today, but I haven't made a final decision yet. My account went from bleeding away my good gains of the past couple weeks to turning on a dime and closing at my YTD high. In addition, OT, but I have a promising lead towards landing a better paying job at my company - interview in the morning. Heard about it this afternoon. So all in all, I was whiplashed from despair to joy today. Sorry to those who got caught in that big fall. And thanks to Cosmic, Dual, and Sanjay who all helped me deal with my growing losses while playing the dark side - glad I held on. Plus, Cosmic made one hell of a call about today's late day action. & In re-reading my post, didn't mention that I had to cover my AONE position earlier than I hoped as well to avg down in DRV. Ended up making me more money that way, but did cover for a .20 loss. 12/4/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=469239&mid=469385&tof=973&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - The triangles! 4-Dec-09 07:46 pm Bagholder edition right here. DRV can go to hell. But still holding. Into a Monday. God help me. Oh and I was told by my bosses today that they are not going to waive the company policy of requiring that employees are there for a year before applying for a new job. So yeah, a great day overall. But gotta take the bad with the good... Have a good weekend everyone. 12/7/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=471414&mid=471561&tof=968&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap 7-Dec-09 06:25 pm Sold half my DRV at $14.88 - took a .40 loss on those shares. Still holding the other half, but since it was a much bigger position than I was comfortable with, I'm very happy about it. That said, I still think things feel heavy for the time being. Don't get me wrong, still bullish in general looking out a month or 2, but not sure about this week. Shorted some APWR at $16.16 and bought some ELON at $10.96. Good day overall, up just over 5%. A HUGGGGE thanks to the 3 amigos Cosmic, T4D, and Dual for helping me hang in there. If I were on my own, it's very possible I would've sold my DRV in AH friday as I had had enough. They said I'd be capitulating, and right they were... gotta love Fastonia. 12/8/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=472934&mid=472948&tof=963&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Warp - The script is written 8-Dec-09 04:40 pm Didn't do a whole lot today, although still not a tradeless day. Come to think of it, it's been awhile since I've had one of those - I love those days. Anyways, added a final portion to my APWR short at $16.63 - my avg sits at $16.35 not including commissions I believe. The options chain is shouting out $15, so I'm hoping that I'll have a chance to cover tomorrow early on in the mid to low $15s. Only other play was selling my NEPH for a .15 loss - I'll see if it holds $1 but not looking good. One to watch on a big dip though I think. Hoping to get out of my remaining DRV shares in the green tomorrow early on as well. DRV +1.6% APWR (short) +1.7% +1.2% on the day Still have that doomy feeling I've had for about a week now, but I'll be ready to start looking at long positions tomorrow if we see some weakness at the open. Especially if it is a big move down. 12/9/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=474249&mid=474259&tof=959&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap 9-Dec-09 04:16 pm Not gonna be around tonight so I'll get this out of the way. Went out on a limb and told Cosmic I think we're headed back up. Bears had their chance and didn't seem to take advantage today. I covered my APWR for a nice gain at $15.72 and jumped into the water (should've dipped in a toe maybe? lol) with some GS at $165.40 and FAS at $71.33 - I really wanted a Fassie close over $72 before saying the turn has arrived, but gotta take what you can get. Sold my DRV before it went nuts in both directions ($14.92) - first to a new LOD and then a new HOD. GL all and it's good to be back. The dark side is not easy for me and I'm glad to say that I'm only about $100 short of my high close of the year in my acct. Given the DRV blood bath that was ensuing earlier on, it was good to chip away and get back alot of it. APWR has been golden for me in both directions this month. Should maybe play it exclusively... & Whoops, +.8% on the day. Also never mentioned but I chased IMGG today at $1.28 - only $250 worth so far though. Wanted to have a little exposure prior to the shareholder meeting tomorrow but wanted to leave myself some room to avg down if it doesn't go well... APWR +2.7% DRV -1% FAS slightly down GS slightly up IMGG -4% 12/10/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=475529&mid=475706&tof=954&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - whiffle! 10-Dec-09 07:03 pm Nice job, Dave. I was begrudgingly watching it move up today - but I'd be lying if I said I was surprised. I thought today was going to be a very good day for the bulls, but all I saw was general weakness in everything except Nat Gas, and especially in the financials. Not sure if it's selling pressure or if it's being held down with a purpose. No moves today (it's been awhile). Down $10 today on my GS/FAS/ELON/IMGG positions. Timing would seem to be setting up perfectly for a Santa Claus rally. 12/11/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=476750&mid=476782&tof=952&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - Triangle Up Periscope 11-Dec-09 05:34 pm Pretty good day. ELON/FAS/GS/IMGG combined to make me 1% I just sold my FAS in AH for a $1.10 gain overall. Bought APWR $17.50 AH and have an order open to get UNG. Have a good weekend everyone & UNG order filled. Locked and loaded for a bullish Monday. GS/ELON/IMGG/APWR/UNG Let's do it! 12/14/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=478276&mid=478389&tof=951&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap 14-Dec-09 07:18 pm Can every day be my birthday? I made 13 trades today, a ton for me. But my account closed 2.5% higher than my previous year high and I made almost 5% today. My Friday AH plays in UNG and APWR worked well - sold UNG at the open ($9.87) and sold APWR ($18.20 and $18.45) within the first couple hours. Scalped 5% on NEP ($7.10 to $7.52 & $7.59) and got out just before it got halted for a secondary offering (sooo lucky). Switched into C from GS ($164.75 / $3.75), bought CLD ($13), SVA ($6.46), FRE ($1.39), added to my IMGG (1.155), and shorted APWR ($18.89). APWR, ELON, and UNG were my big winners while FRE and CLD positions look promising. SVA remains **very** undervalued to me here - have discussed it with a few people, but looks like they are playing off the obvious H&S pattern that developed. Options are signaling a move towards $7.50, but even more bullish is the Q4 estimate which would put the pps up over $10 even using a conservative multiple. You just do not see a profitable bio with a P/E under $10. Even using conservative estimates, we're looking at .80 or so for the year, so that's a 7.9 P/E. No way. Dual says the IV is 91, so that's a 30% move on the way. No way it's moving down another 30%. Well, that's enough rambling from me. Have a good night everyone. 12/15/09 messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=479347&mid=479381&tof=946&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - Order Imbalances 15-Dec-09 04:50 pm Seesaw day. And another trading fest. 14 trades... didn't have time to post most of them in real time except the ones early in the day. Shorted more APWR ($17.80 and $18.35), sold my CLD ($13.43) and FRE ($1.58) for decent profits, and my C ($3.60 & $3.57) for a slight loss. Day traded CYOU from $31.91 to $32.85, daytraded some SVA from $6.41 to $6.55 (still holding my core position), bought NEPH ($.74), and bought IMGG ($.965 and $.845). Last positions were shorting UNG ($10.16) and buying BAC here in AH ($15.20). The IMGG was the whipsaw. I actually got my avg down from $1.20 to $.99 so that's good although I'm holding alot of shares for the time being. I made just over 1% today which is great considering that I was down a good 3% early as IMGG sunk like a stone and APWR roared higher. Big winners on the day were FRE, CLD, NEPH, and somewhat IMGG after it recovered from the lows. 12/16/09 messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=480436&mid=480499&tof=943&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap 16-Dec-09 05:00 pm Not alot of activity - I sold my BAC early ($15.37) for a very small gain and bought more IMGG @ $.855. Sold my remaining SVA shares for a small profit as well, which was disappointing as I think it could run big tomorrow and Friday. Maybe I can get back in around where I sold - however, APWR was mooning EOD and I wanted to average up on my short. Got some more at $18.60 to raise my average to $18.35. Down day by the tune of 2% APWR (short) -5% ELON +1.3% IMGG -9.3% NEPH +6.3% UNG (short) +.6% +the SVA/BAC gains prior to selling. & I was way off actually after I ran the numbers again as I knew it didn't look right. Down 3.9% - oh well. Have a short bias going into tomorrow but some bio longs. OPEX should make the next 2 days interesting 12/17/09 messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=481682&mid=481737&tof=940&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - They killed Triangle! 17-Dec-09 04:43 pm Was getting absolutely reamed on my APWR short and IMGG longs early on. Only trades I made today were covering my UNG early at $10.22 (good thing I did) for a .06 loss and getting my average in APWR up to $18.60 - it seemed to be tanking late in the day and I'm still eyeballing those $15 and $17.50 strikes - we'll probably know early on which one it is shooting for but the Sell The News was definitely in vogue for it. It has run up 100% in a short amount of time. I've been waiting for $25/sh on this one, but didn't at all expect it to come close so soon. As for IMGG, not looking good but things never look good near the bottom. I'm hoping it's not too far away if we didn't hit it already. APWR -1.3% incl my $20.25 short ELON -4.7% IMGG -20.4% NEPH -4.7% Yep that's ugly. Although went from being down 12% at one point on the day to only being down 6% when all was said and done - so that's good. All in all I wasn't too nervous today despite heavy losses early - nothing compared to how I felt holding DRV a couple weeks ago. 12/18/09 messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=482995&mid=483006&tof=938&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - Opex Edition 18-Dec-09 04:26 pm Haha probably shouldn't have been sending you a flurry of IMs then. When you only have an $8K account, $1000 swings are a little insane. But I had one the past 3 days. Luckily now I'm only a few hundred off my high set at the Tuesday close. I had my shot to cover some APWR in the low $18s but missed it as I blinked and suddenly it was a buck higher. I wanted to avg down in IMGG (this when it was in the lower .60s) with that money. DAMN that would've been nice. Had a few hour xmas luncheon here at work, so wasn't watching during the huge run-up, but the rest of the day was spent waiting for APWR to fall back so I could get some more IMGG. Finally I had to cover a few shares at $19 and get some more at $.885 - only lowered my avg to $.92 from $.95, but the main reason I did it is I think we will see a big gap up on Monday - typically when IMGG closes near it's HOD on big vol / big move day, it does so. Here's to hoping! APWR +2% IMGG +26% I made a little over 8% today and am actually even over the past 2 days, saying alot. 12/21/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=484276&mid=484297&tof=935&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - 5 Golden Wrings 21-Dec-09 04:42 pm Only trade today was buying some IMGG at $.985 - thought it was set up for a great Monday. Held true for the first hour but then sold off all the gains. Not a great sign but I'll buy the early morning dip if we see it tomorrow. ShouldaWouldaCouldas - a little frustrated I didn't sell the pop given that my position went well into the green, but the move seemed so strong that it caught me off-guard when it faltered. Ah well. Down 2.2% today after such a strong start. Never fun, but better luck tomorrow. 12/22/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=485059&mid=485074&tof=932&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap - Four calls in turds 22-Dec-09 04:20 pm Better than being down! Covered my remaining APWR shares that I had short @ $20.60 for $2 loss, sold my ELON $11.70 for .75 gain, in more IMGG @ $.785. Account lost 6% on the day and only holding NEPH, IMDS, and IMGG. Why, I'm not sure. 12/30/09messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=489124&mid=489143&tof=921&rt=1&frt=3&off=1Re: Cosmic's MarketPlace Wrap - Tragedy averted! 30-Dec-09 04:22 pm Me too, although I'm starting to get restless. Ah well, I'm happy with the bio plays for the time being.
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Post by brosin on Nov 6, 2010 14:44:48 GMT -5
January 2010:1/13/10messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=497879&mid=497905&tof=899&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap 13-Jan-10 04:33 pm Nice call on it feeling squeezy this morning and saying last night that you thought today would be an upday. Caught me off-guard, that's for sure - a nice reminder that I'm not one to be able to guess day to day moves. If I didn't know you, I'd think you were trying to steal cheap shares of IMGG! I heard maybe 2 callers of the top of my head that sounded like 'hillbillies,' not including the dude who gave a "shoutout" to his friends which made me cringe. Only a couple who mentioned that Dean should respond to bashers, which I agree is just dumb when people should have a thick enough skin after doing their own research. At least one thing is sure, I won't be doing much trading for awhile! I got my avg down to .83 on IMGG and now am stuck hoping for a double up. Damn it feels good to be a "Faztard!" 1/29/10messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_D/threadview?m=tm&bn=87811&tid=512755&mid=512915&tof=867&rt=1&frt=3&off=1 Re: Cosmic's MarketPlace Wrap 29-Jan-10 07:45 pm Definitely a good word for today. I predicted a 200 point up day last night. Looked good early, and then...... **DOUBLE FACEPALM** Turned ugly fast there. Looks alot like the false break of early July and everything seems really cheap. It is a full moon...
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Post by brosin on Nov 6, 2010 16:00:27 GMT -5
February 2010:The wraps seem to have largely disappeared during this month - I can locate a couple of my posts from going through my messaging history, but clicking the links doesn't work so I think the threads were deleted. Some days have disappeared completely including my posts... None are listed in Cosmic's history either. The ***ing 1-star bandit. But I guess we are here now because of it...  2/4/10(thanks to the 1-star bandit, this link will not work) messages.finance.yahoo.com/Business_%26_Finance/Investments/Stocks_%28A_to_Z%29/Stocks_D/threadview?bn=87811&tid=518189&mid=518218Re: Some Guy's MarketPlace Wrap 4-Feb-10 04:39 pm Moved my GTC order for APWR in the long term account up from $11.50 (would've missed by a penny anywasy) to $11.60 when it hit the LOD there. Now officially all in again in the long - first time since late May/ early June 2/5/10messages.finance.yahoo.com/Business_%26_Finance/Investments/Stocks_%28A_to_Z%29/Stocks_D/threadview?bn=87811&tid=519841&mid=519841All over the place - high volatility often signals an inflection point. & ? We are implying the correction is over. & I know what you're thinking :)And I would say 'just wait until next week.' 2/9/10messages.finance.yahoo.com/Business_%26_Finance/Investments/Stocks_%28A_to_Z%29/Stocks_D/threadview?bn=87811&tid=523827&mid=523855 Re: Cosmic's MarketPlace Wrap 9-Feb-10 04:46 pm Got lucky on my Superbull call last night - I figured if I kept saying up, I was bound to be right eventually lol.Holding my EDC/APWR into tomorrow... 2/12/10messages.finance.yahoo.com/Business_%26_Finance/Investments/Stocks_(A_to_Z)/Stocks_D/threadview?bn=87811&tid=527237&mid=527237Sold my ELON 12-Feb-10 10:24 am Holding up pretty well here relatively - if market gets a boost it might make me sorry. Made .40 on those shares. In a few more IMGG shares and took a spin on the CWS (APWR's little brother) train @ $5.55. Looking at FAS/EDC but didn't want to pull the trigger yet with the margin restrictions. Will keep an eye on them. If IMGG pops I'll be switching those funds into a 3x. **FASTOPIA IS BORN* Very good day thanks to APWR. Sold the ELON ($.13 loss on those shares) to jump into SQNM @ $5.27. Holding my APWR/CWS/IMGG/MSBT/SQNM into tomorrow. Sold my CWS for breakeven and my IMGG for .10 gain. Bought some more SQNM @ $5.50 Then here in AH I sold some APWR for $1.20 gain on those shares and bought some LVS @ $16.70. Going into tomorrow with APWR/LVS/MSBT/SQNM Pretty good day, made 1%. Can you adjust those charts to make them bigger? Thanks dude. Down a couple % today and made a couple bonehead moves dealing with how much Avail Funds I thought I had compared to how much I really had (thanks for your great software Scotturd! NOT). Sold my SQNM @ $5.27 and $5.25 to buy more LVS (grabbed a few shares yesterday at $16.70) but couldn't do it due to my EDC buy in PM @ $109. The EDC worked out well at least. Into tomorrow with APWR/EDC/LVS/MSBT. I believe this was the first close for the market above the 50 DMA in 2010, so that's good. Can't really see a huge up day despite that, but I definitely won't be bearish here. Fun little day even though I ended up slightly red overall. Got a nice surprise that my tax return came so quickly. Sold my EDC @ $112.50 for a few %, got avg down to $16.47 on LVS by scooping some up at $16.13, grabbed some UNG @ $9.23 and $9.18, SVA @ $6.89, and a small amount of IMGG @ $.71. Going into next week with APWR/IMGG/LVS/MSBT/SVA/UNG. I expect it to be a nice up week again. I believe the market closed just above its 50 dma (can someone confirm or disconfirm that?). A good week overall though. I made some dough, got lucky to have all 3 of my Bull/Bear votes right (didn't vote Monday night / wasn't on board yet), I think called the bottom on LVS, and came out 2$bb richer. Not to mention the Fed has given a shot of adrenaline (called confidence) to this market. I see my FOMC theory / new high before March 16th playing out well. GL all. I'll be around a little later I believe - if not, I'll see yall tomorrow. And a thanks to Cosmic for putting this all together. Been a great first week in the new MB home here, and it is w/o doubt a huge success. Also been a great first week in my new real home. Yes, definitely been a good week. Good day - Sold the LVS for a .10 gain @ $16.58 to jump into APWR with the hopes of getting back in the LVS tomorrow or Wednesday right around here (will use UNG or SQNM profits / or losses if the trades turn against me). So I got back the full portion of my APWR shares at $13.14 that I had sold at $13.20 . Full position again, and it was just quick enough as APWR roared up almost a full dollar from that point before losing a little steam EOD. Sold my SVA at the open for a .16 loss - just can't time this one right lately. Chased SQNM @ $5.88 in case it exploded above $6. I thought it was going to, but never came to fruition - will add some shares around $5.60 or so tomorrow if it's down early on. Bought RIMM @ $70.14 - I really like the looks of the chart, and given that it's foward PE is 10-15 while GOOG/AAPL/BIDU have much higher multiples, I do think it's going to breakout here soon. I looked at it all weekend and was hoping it was down on Monday. I got my wish. Also added to my UNG @ $8.91 - avg of $9.18 now. I will be patient with it as it will definitely come strong off wherever the bottom is (if it didn't hit it today, hopefully not that far away). Going into tomorrow with APWR/IMGG/RIMM/SQNM/UNG even though I'm a little bearish. I like my plays though as all of them have shown the capacity to be countertrend plays from time to time. Baby bear was not enough - I should've been a grizzly. Will be a bull for tomorrow. A suggestion (that I had already considered in the past) was made to me by a friend in that I should trade APWR exclusively and not worry about trading other stocks as well. I'm going to give it a try. Sold my SQNM (.18/3% loss) and UNG (.30/3% loss) and purchased more APWR at $13.37, $13.51, and $13.55 - that late day squeeze was interesting. Light volume today relatively for APWR, so it tells me that shorts were not covering in any sizeable way (except for that one pop late day). Think the market is either at or near the bottom for this small correction. From here I think we continue the climb for SPX 1200. Might see some weakness tomorrow early on, in which case that should be the bottom. Holding APWR/IMGG/MSBT. Watching IMGG for a potential re-entry for a full position (about 10x what I own now) as I can try to gain back my realized (but Wash Sale capable) losses after I sold at .66. Such a hard market to trade here. I got the Pop right but not the drop. Ended up picking up some FAZ short to only then cover for small loss like an hour later. Markets basically closed where they were when the 5 yr auction results were posted. So looks like we are back to sell good news and buying on the bad news. New home sales report worst in a half a century and we get dow +80..lol Consumer confidence report worst in 10 months, rallytime!! lol We bears need some good news like a positive net adding of jobs, that should get us at least -100 on the DOW.. Stupid market.. lol When market is ignoring/shrugging off bad news, it's a sign! (I responded to your long post on the Y board btw if you hadn't noticed - although won't be back till later after this post, so I'll get back with you later on). Got back on the winning side of bull/bear, and bought some APWR today $13.23 & $13.15. Sold out of my small MSBT/IMGG positions for small losses so that I concentrate on APWR alone. Terrible day to start my experiment - it had a really slow day on extremely light volume. Lowest in awhile (I'd have to consult the charts as to how long it's been since it had under a million shares traded). Bull for tomorrow. Kudos to Dual for his call last week when we were at SPX 1108 - he said he anticipated a 10-15 pt SPX decline followed by a 30 pt rise. Looking spot on. Be back later tonight. LOL @ Greece - like I said, I found today humorous at 9 am. Just an excuse anyways, but come on. Chickenhead has appeared, the market and my APWR passed a nice test today, and Day 2 of Acctpwr has been a success! Missed on my bull call and my call this morning in my 'Greece Again? thread' that the market may finish green, but hey that was still a nice 100+ pt rally from the bloody open/first few ticks. Holding all my shares into tomorrow and will try to sell a chunk of shares if we get to $14.37 and wait for another re-entry. Just to be clear, however, I will still always hold a core amount of shares (probably 25-50% of my current full position). Slow down day for APWR, very light volume. Holding all into next week. My daily production is through the roof today though! LOL
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Post by brosin on Nov 6, 2010 16:19:34 GMT -5
March 2010:VSTNQ took up almost my entire work day just staring at the screen. Turned out to be a profitable fixation. Had a successful swap from 40% of my APWR shares into a VSTNQ position/day trade. Made $750 (29%) on it and only lost 40$ on the APWR shares to get out at $13.46 and back in $13.56. The APWR did have a strong albeit a weird finish as well. I will count that as a successful day. For my 3 smiley's, I will go with how I felt like today was going (in order of when I felt them starting with the earliest).  (seeing VSTNQ go to .95 without taking a breath)  (my feeling when I bought it - was fairly certain I was going to get clobbered) ;D (my feeling after everything worked out even better than I hoped) The rainman refuses to believe such things.  No moves, APWR/account slightly green. Hoping for a break above $14 tomorrow. All things considered, I was pleased with how APWR acted today despite having an overall down day. Volume still a bit light for my liking, but I think it is close. The $14 level is frustrating people in the same way the $12 level frustrated people last Fall. I think we are setting up for a large short squeeze in the markets. Shorts (trapped from the Bloody lows around 1050 SPX) have not had a big reason to cover their positions yet, and more than likely they have been adding to them. March 16th is approaching quickly, and we have 26 points to go SPX (above today's high) for the patented high just before FOMC. I thought we'd reach at least 1175 by then, also, which may be a bit of stretch. But a squeeze could certainly get us there. APWR had a weak day today, but still on light volume so I will call it another consolidation day. Flag on the daily still in tact. Bought some at $13.36. Now completely all in for 1200 shares with a $12.96 average. Optimistic that it should bounce back strong tomorrow, so I'm kind of excited. We shall see. Nice work Tracy and Chickenhead on the VSTNQ! I was stunned it still went way up today on still decreasing volume. Still waiting for the dump on heavy volume that I foresee coming, and at that point I may look at it for another trade depending on how cheap it gets. I had mentioned to Cos last night that the FFR had gotten up to .15% yesterday morning (I'm always half asleep since it's always the only new email I have on my phone when I wake up). That was the highest it has been in MANY months (I'll have to consult my computer when I get home from work, but I think it's since at least last summer if them). This morning it had gone up overnight to .16% - credit is loosening up. And if you hadn't noticed my posts in the past about the FFR, I have found it to be a great indicator as it very often plays out exactly that way for the full market day. Sure played out true today. APWR had a rough day - this political noise seems to have created a chance for the MMs to run out the weak hands prior to the impending run-up towards the $14s and maybe even $15 prior to March 19 opex. I almost sold my shares to get back in lower, but I've messed up that kind of thing before and decided to hold it regardless now. Excited for this weekend, and also excited that some FOMC firepower may potentially make me right on my call for a new high as early as next week and a top just before the March 16 meeting: Why mess with a good thing? FOMC around the corner and I still think this has all the makings of a large-scale squeeze to put us up near new highs by the middle of next week. 8 trading days and 39 pts SPX to go... definitely possible. Bull for Friday. Gotta love it! Back to the drawing board w/ APWR. I will go down with the ship if the ship is indeed sinking although I don't think it is. Repeat of Oct 28, 2009 I'm hoping. Bought my first options today - some June $17.50 calls for $.25. So the day wasn't a total loss - I'm actually kind of excited. As excited as someone could be being down 6% on the day lol. I was even today. For those who saw the mess I got myself into with WAMUQ, you know that I am thrilled to be even! Started out innocently enough. Had my 1200 shares of APWR doing well (+4% after an hour or 2), then I saw WAMUQ trickling lower... 'perfect bull flag' I thought to myself as I watched it for the last few days but never got any sort of slow move lower to jump in on. I should've been more careful. Sold 300 of my APWR @ $12.38 and jumped into 2000 WAMUQ @ .67. It looked perfect - I wanted about .10 - it went from .67 to .70 fast, but then tankage. Rather than stop out as I had originally planned on if I went negative, it happened too fast. .67 became .63, I sold 200 more APWR @ $12.30 to become more WAMUQ. Etc @ $12.26 / .59. The whole way down, my finger was on the trigger but I couldn't do it. I didn't think "they (whoever was buying the whole way up for a billion dollars [we're not talking a VSTNQ $100 million company here])" would let it go down 50% in an hour span. I lost $2000 (25% of my whole account) on paper in that hour. Every part of my emotions wanted to sell. Somehow I pulled a Chickenhead. He is king of buying at short term bottoms. I doubled down at .342 to put me at a .52 avg. It had disaster written all over it - Terrible play. I sold half my shares at .505 and .49. Holding the rest into tomorrow with a .55 avg (incl the .03 loss on the shares today) partly out of necessity, partly out of stubbornness... I used 3 day trades with 2 sell orders somehow, I didn't realize it at the time. Bought some IMGG @ .70 to trade tomorrow. What a day. I was even (made quite a bit on the day selling my APWR shares). Looking to get back in my APWR around or below $12.50. I think the rise has begun. *Exhausted. Terrible risk I took by not at least respecting that what happened (TANKage) was possible. As Taj would say, I was lucky. Could've been much worse. Down a little on the day - WAMUQ never got to my avg price of .56 early on, and I took it as a doomy sign. Wanted no more to do with this bad boy, so I cut my losses at .45 and .46. Rebought 1100 out of the 1200 APWR shares I sold yesterday for $12.01 avg, so gained .30 on my avg from doing that (sold at $12.30 yest). Now sitting with my shares at $12.66. It struggled to get any kind of momentum and it had good volume again today - not the best of signs. Maybe the shorts are covering slowly... 2 million makes me think they are covering, but the stock price being down doesn't really support that. I compared Monday to October 28, 2009 because it was exactly the same type of action (4 down days with the last one being by far the most red with the most volume). October 29th was up strongly as was yesterday (comparison worked). October 30th retraced a decent amount of the move but still closed higher than the low of the 28th (albeit a red day). So by that logic, today's retrace (and holding the $11.80 low of Monday) still leads me to think this pattern is very similar. The next trading days, 11/2 and 11/3/09 were both up, but we largely moved sideways for 11 days. Then we moved up 100%. 11 days would be frustrating, but I'm along for the ride either way. In addition to the WAMUQ sell, I sold half my IMGG shares early on for a .02 gain, and ended up getting filled on a "stink bid" at .68 at some point in the afternoon - so I hold 1500 shares for now. The CC was uneventful, but I'm not really sure what - if any - effect it will have on the stock price. APWR looks like it's trying, god bless it. Maybe it will be successful, but my gut is bearish on APWR (don't tell Bros  ) LOL sounds good to me! Not hard to be bearish on something that has gone down 50% from its high. What do you have to back further bearishness up with? I fail to see how the chart has not gone according to plan. Regardless, market squeeze is playing out perfectly. We will top out tomorrow or early next week I have a feeling. You can feel the bears saying "COME ON!!!!" Exactly why the blow off is coming. APWR did great, IMGG was down as expected but did recover nicely from the early pressure, and I had a good day. Hoping for as good a day if not better tomorrow. Long day, had to work late. Good trading day though. Sold half APWR near the open for $13.71. Bought some NEPH at .97 (few month hold) and CHK at $25.57 (Monday/Tuesday trade). Bought back my APWR for $13.45, chased up from my $13.08 order (whoops) - it hit 13.14 and didn't want to fill anyone from there). Had a 2nd order to buy some NEPH at .92, but thanks to Dave/Cosmic's WAMU alerts (didn't have it on my platform watch list today as I was done with it - in the .40s at least I guess lol), I saw it at .10 and without even thinking about it cancelled the NEPH order and put an order for 2500 WAMU at .10, filled at .0971 - those same 2500 cost me $1500 in the .60s a few sessions ago, and they cost me 250 now... No day trades left, but I wouldn't have sold. It's $1 or nothing for me, I was ready to lose my $250 for sure when I bought. APWR had a good week and it seems to be playing out like the end of Oct > Nov 2009 so far. The other trade I have really wanted to pull the trigger on is WYNN and AONE. AONE more like now, WYNN more like when the market corrects 3-5%. AONE has mysteriously fallen to near lows. High short interest and it squeezes fast. I just logged off at work. Long day. Account was down a little bit with APWR/CHK, but had a couple trades I think should work out and my IMGG did pretty well. Some penny power plays for what I think should be a weak rest of the week... Added to my NEPH @ .95 / avg .97 Added to my WAMUQ @ .157 / avg .125 Added my IMDS @ .029 / avg .025 Bought initial position TGDI @ .054 Bought initial position MKTY @ .68 (didn't fill whole order) I see a squeeze happening tomorrow prior to the FOMC statement at 2 pm ET and then a dump afterwards, but I was thinking more about it, and maybe the Fed will say something that will take us to new highs before the pullback. I'll have to play it by ear. The bears are on edge, especially after getting their hopes up today. If it doesn't happen tomorrow, I may have to remain bullish - I will need to see a 100+ point rally prior to calling a top. I'm in a rambling mood... must be the great weather we're having here in the Midwest and the fact that today is the first time in about a week that I didn't have to work OT - mid month cutoff for our agents' commission cycle was extra bad this month. Annuity volume is UP (interesting but OffTopic) Quite the interesting day all around for me - a lot of things to looks at and a lot of new developments with things I've been watching for awhile. FOMC meeting day is now ova... and our current top is 1160. Pretty damn good all things considered (bottom 1044 on Feb 5 and then 11% move to here 5 weeks later) - I would argue a weak market would not do this although I know approx 90% of the market is very skeptical at these levels.... which I love; the pessimism that we've seen for now 12 months is what continues to fuel us higher. The market makes a longer term top when there is no one left to buy, and we are still at almost the opposite point right now. The fear bubble is still popping maybe. On to my account... quite a day to come out only up a few percent (few hundred). My IMDS is there; I've held this since 2 entries at .024 many months ago for $200. Quite the intriguing stock; heard about it on the IMGG board from someone pumping it after it had just come off a 300% day. I looked at the chart and immediately saw the potential. There is potential in the company, but that's not what I mean; from *only* a trading basis, every 6 months, the stock doubles or triples up from the price it gets to. Since the mid 2000s, the trend was down. But it is making a rounded bottom here in 2009/2010 which makes it even more interesting than it would be otherwise... so basically, I bought a very tiny amount (started with $125 and then bought another $125 not too long after) and just waited. Kind of my own little experiment. Cosmic bought it / watched it with me. He was the one that found it extra peculiar that it trades over a million shares a day - I shrugged it off for awhile, but I think it is the key. His theory is that MMs accumulate it and then triple up on a lot of money. If the company didn't have potential, it wouldn't work. But the company has an alternative painless imaging device that's an alternative to a mammogram pending FDA approval, so the potential is there even though the company in its present form is kind of a joke... just have it as a trade. A couple days ago, it had a noticeably abnormal day; me and cosmic both saw it then. It had above avg vol of 5 million shares and was price supported (in the green by 5-10%) all day long. Never seen it stay up on volume like that. Kind of had a feeling the volcano was started to rumble. Yesterday it was up 50%, but the big ticks every 6 months are always 100s of %, so I wasn't ready to get out. I actually bought more yesterday (doubled up to $400 position) in the .02s. Then got lucky today when it was down to pick up another portion to put me at a $600 position. It then did it's thing - ran to .06 and I sold (got my double up) all but 250$ worth so I was playing with house money. Here's where it gets interesting. When I saw it go to .08, I thought 'wow this is probably going to go over .10 here - my logic was that "they" need a big pop from the true bottom level near $0.00 if the chart is forming a rounding bottom and moving back into relevant levels. So I bought back half the shares I sold at .075. Bad move. The top for the day was in. Fell to .053 where I bought the 2nd half back (not playing with house money anymore) for avg of .064 on the buy back. I was going to sell half over .07 late in the day, but it never quite got there. I decided to hold all into tomorrow. Sold 100 APWR (out of 800) @ $12.62 & 100 CHK @ $25.52 (for breakeven). These are positions I want back but needed a few funds for the other trades I made. Sold TDGI @ .0475 for .0065 loss. Sold WAMUQ @ .158 for .04 gain. Sold IMGG @ .69 for .02 loss. Round trip on VSTNQ from .572 to .698 and rebought at .715 (holding for tomorrow) Bought AONE @ $15.10 for a trade as well as SQNM @ $6.17 - both of these are short squeeze candidates for the blowoff squeeze I foresee. Holding AONE, APWR, IMDS, MKTY, NEPH, SQNM, VSTNQ into tomorrow. Good times! Good day today.. IMDS played to perfection. I bought 10k shares on the early dip today to .054 to give myself 30k. Had a hard time getting out, had to time it so it was on the upswing when I did it or they pulled the bid. Sold 20k at .071 and the final 10k at .07. This was a good one to buy at .024 (could've had .01s even) way back when. I'll buy a few hundred bucks worth again in a week or 2 after it drops back down. Sold my SQNM early @ $6.11 for .09 loss so that I could buy that IMDS. Bought back my APWR shares @ $12.60 to give myself a full position again, and filled on my 2nd half of my tiny MKTY position at .72 (avg .70, took 3 days to fill 250 shares LOL!). APWR was green today and had a very good article come out about it in China. I'm surprised by the lack of volume today. Opex? Maybe, but I'm not sure. AONE was down today and I wonder what a correction would do to it. It is already so low that I wouldn't think it could go down much more, hence my bottom call - but that should fail in quick fashion in the morning. I think we are very near the top, I'd say by next Friday at the latest, today (1169) or tomorrow at the earliest. Made a few %, getting close to my yr high again, which I haven't been anywhere near since IMGG started it's tank job. Now if APWR would actually move...! Couldn't resist grabbing some APWR under $12.50 - sold my AONE ($14.84) for .30 loss and VSTNQ (.67) for .04 loss to buy some APWR @ $12.37. Down a couple %. Very interested to see if the FFR recovers some of last night's dip as I took it as a bearish sign early this morning. Should've known with all these bears saying they will vote down until it happens that we would be up today. Ah well, every streak's gotta end some time! Quad Witching Opex Friday should be fun! I'm working OT tonight and Saturday as well it looks like (my next paycheck will be NICE, gotta love hourly wages). Thankfully I took Monday and Tuesday off... No trades today, just watched my APWR shares go down. Discussions w/ Dual and looking back at the timing of the first move and what sparked it, it appears that there is about a 2-3 week window between when the news is announced and the accumulation period before the blastoff (TX deal announced Oct 29, blast off not until Nov 17th on no news). 1100 MW Nevada production facility (similarly large good news) announced March 11. 2-3 puts us just before earnings on March 31.  My futures were up at the open since I was still asleep (had the day off); looked like a gap and crap early since when I finally decided to wake up, I saw APWR trading in the $11.50s. Slight grind higher as I got through my doctors appts, then a squeeze into the close as I got some deep dish pizza and took the train home. Close at HOD. No other trades LOL. Couple trades - sold a few APWR ($11.77) to add to my NEPH trade @ $1.04. Sold 2/3 at $1.09 (avg was .98) and will watch it tomorrow. Bought back those APWR shares at $11.86. Bought some CTIC (.6375) late in the day and also a tiny bit more MKTY (.75) and a little IMDS (.067). Only 2 trades - sold my CTIC for 15% at .74 and bought some NEPH @ $1.18. Other than that, just watched APWR get sold off some more. Gotta check out for a bit after this until later on, but a couple trades today: Sold 250 of my 1000 APWR @ $11.73 to buy FAZ @ $12.73. Got stopped out of FAZ (my own fault for being a few seconds slow to move it down a few more cents as I had left myself a small cushion) @ $12.91, but rebought at $12.93 and will hold it into tomorrow. Watched NEPH for another possible addition to my position, but didn't see a good chance. I will have to look more closely at stuff later, but if today wasn't the reversal day, I think it is only a couple sessions away. I would say I'm leaning 60/40 at this point that today was the high and that now we will go retest the 1130/40 area. well i got the baby bear right today.... No, dow +9. Few trades - sold the 2nd half of my FAZ @ $13.17, bought some more APWR @ $11.67, bought some MSBT @ $.153, and finally filled on my final portion of MKTY @ $.656. Slightly green today, and going into next week with APWR and the Penny Brigade (IMDS, MKTY, MSBT, NEPH). Will get to the bull/bear stats tonight or tomorrow hopefully, although sounds like I will have another OT filled weekend at work. No good moves to speak of today. Added to my IMDS near the HOD and bought some CYOU @ $30.16. APWR performed well, NEPH the opposite although the volume was large for it. Current holdings are now APWR(C)YOU and the penny brigade (IMDS, MKTY, MSBT, NEPH). Few trades to position myself for tomorrow's APWR Q4 earnings. Sold my CYOU for a slight loss ($29.90) and my NEPH for a decent gain ($1.14). Added to the penny brigade: starter positions in SPNG @ $.032, GNVC @ .845, and IMGG @ .70. Bought 250 APWR @ $11.77 to give myself a little above a half position + my calls going into tomorrow. The rest of my funds are spread between a true army of pennies (a sign of my distrust of the market at this level) in GNVC, IMDS, IMGG, MKTY, MSBT, SPNG. What a day.. and not even over. It is quarter end, which means that as busy as I was the past few weeks overall, it reached capitulation levels today. I'm on my lunch break LOL, which was just spent walking home to sign back in remotely for a few more hours. Then the APWR.. wow. So when I heard the numbers non-GAAP on the CC and saw the stock heading higher, I thought it was playing perfectly according to plan. It wasn't until later in the CC when they would give the GAAP numbers. The one time hit of the Evatech acquisition cost us $1 EPS by itself so I think it is very distorted. The non-GAAP number was far better than estimates, so I'm optimistic with it and will be looking to buy down in these levels for the coming quarters. No trades but I did give my account a haircut - just a trim. ;D Time to go back to work, see you guys later on.
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Post by brosin on Nov 6, 2010 16:42:04 GMT -5
April 2010My boat has crashed on the atoll and I haven't seen any sign of life in days. There are dead bodies all over the place and I am beginning to hallucinate - maybe that's what the penguin was. No moves today, but that didn't stop me from losing some more money. No trades today, account had a pretty good day. Eyeballing a few different things but will wait to see what happens tomorrow. Got myself positioned today for a bit of a selloff. Sold off my APWR for the time being (planning to get back in shortly) for heavy losses @ $10.25 and $10.20 and then also my IMGG for a nice gain @ $.835 and IMDS for a small loss @ $.056. Daytraded SVA for a small gain which all things considered was as good as I could've hoped - $5.84 to $5.96. Bought back the position at $5.57 near the close. Also shorted some LVS @ $23.30 and bought some DRV @ $7.91 and $7.67. Sold half the DRV at $7.74 and remain a little underwater on the other half. Tomorrow will be the first time since January I have a short bias in my account - god help me. Good day despite APWR being up 3% the day after I sold my shares for a short term trade while I waited to get back in (like clockwork). Very counterintuitive to me. Few trades and a good day in my acct thanks to the market weakness. Sold my GNVC for a slight loss (.73), SVA for slight gain ($5.71), and VSTNQ for a very nice gain ($1.14). Added to my LVS short ($23.26 avg) and bought some FAZ ($12.28). Yogi Bear once again into tomorrow as my current positions are only LVS short, DRV, and FAZ in addition to the 2 stocks that I hold as unsellables until they begin to move (MKTY & SPNG). If I had not sold APWR yesterday, I would've been up $225 today (3%). As it was, I was up $200. So I can't really complain even though the APWR sell seems to be a mistake thus far. Gonna get this out of the way early as I might not be around later - my computer at home is under attack by a worm that I cannot get cleaned up. Hopefully I'll have more success today than I did late last night. Anyways, only 2 moves today - one good, one not so much. Covered my LVS short @ $22.77 thankfully as that thing took off from the double bottom at $22.60. When it got close, I put on a .10 trailing stop on it and even though I usually don't let it, I let it hit today. It was a pretty decent gain for the trade (avg was $23.26). Added to my FAZ shares @ $12.58, moved my avg from $12.28 to $12.50. That didn't work out so well. Holding my DRV (avg $7.80) and FAZ positions overnight once again in addition to my 'never sells' in MKTY/SPNG. Watched APWR intently but did not nibble yet - mainly because the FAZ/DRV positions were not treating me well. Still hoping for lower $10s. Was stunned the market closed green today and would be even more stunned if it closed green tomorrow. I should've had a red day by the tune of about 2%, but as it turned out, one single tick on MKTY put it +30% on the day which put my account up .5% on the day. I'll sure take it. No trades today, going into next week with my DRV and FAZ. Now I know first hand how frustrating it is to be a bear in this market. I wanted to smash my head on the keyboard probably 10 different times today. But that's alright, I know we're going to topple over eventually - and the bigger they are... Have a great weekend everyone! No trades today, ended up +$10 on the day. Seeing as I own FAZ currently, this made me go WOOOOOOOOOOOOOOOOOOOOOOOOOOOO! Slightly green on DRV, -5% on FAZ currently. Good trading Mr. Dough, cut off the faulty limb, I always say. I held my puts into the ground. I am an idiot. Another idiot here < - - - - - - - - Today was DRV's turn to take the ultimate dirt nap while FAZ held its ground. There are many words to describe my emotions right now as I still hold my DRV (avg $7.80) and FAZ (avg $12.58). I guess all things considered, it's not that bad yet. Did pick up some APWR $13 calls at $.10 - put in the order yesterday as the spread has been .05/.15 now for the past couple days and it filled immediately today. I figure all I am hoping for is some news and/or positive price action in the next couple weeks. But mainly I want to be protected while I'm not in it just in case Texas gets signed (unlikely I guess ). What I want to know is why anyone is still buying. Was thinking back today to 6 weeks ago when FAS went into the $50s and no one would touch it. Now it has gone into the $100s and no one can be out of it? There are a few different reasons I can think of as to why the market is just exploding out of the severe damage that was on the horizon at SPX 1044. First, that this is all short covering and that no one is really buying. The put/call ratio would be an indication of severe hedging of short equity positions going on in that case. Second, maybe the big banks are using free money to push the market higher and higher to set up a massive drop (in a much shorter time horizon than I had initially anticipated as being many years out). Third, maybe this *is* inflation. Money chasing money chasing money... the bond market doesn't seem to think so, but the equity market is making a very strong case for it. The problem is none of these reasons really click for me and I am stuck anticipating that the market is set to drop from the 1200-1210 level in a swift fall for at least 3-5%. The higher we get and the bigger the swings back and forth get, the more dangerous I believe it is getting. They got me good today. Gave it until the last hour before my sellout letter went out, and the market showed no signs of a turn. Sold my DRV @ $7.37 for -5% and eventually my FAZ as well @ $11.01 for staggering -12.5% in a matter of days. Shorted some CLF $75.50 and bought some VSTNQ @ $1.15 and CTDBQ in the last minute of trading at the HOD for hopefully an early morning scalp. Not how you draw it up, that's for sure. Going to be working some long hours tonight, so I'll make it short and sweet here before checking back in later on. My account is decaying like FAZ. I made 10% today and am still just below the levels I was at when I dipped into FAZ and DRV. But that's ok, gotta just continue to chip away at those losses. Sold my CTDBQ that I bought at the close yesterday for a 10% gain early on ($.267 to $.297). Day traded APWR for .20 from $10.41. Day traded STEC for -.14 from $13.25 (had it pinned right but gave up too early). Bought FIG @ $5.07, VKNG early @ $.28 (50% position) and at EOD $.345 (additional 25%), FTK EOD $1.15, and a quarter of the CTDBQ position I sold earlier EOD @ $.292. I am still a yogi bear on the market and think today's action was quite bearish despite the green close. Have a few shorts I'm ready to jump on, but will wait and see. My account is decaying like FAZ. The quote from yesterday's wrap holds even more truth after today. Yesterday's 10% gains were met with today's 15% losses. Now before your eyes open too big, it's not all bad (or maybe it is) because it was ALL from VKNG. I added some more shares today in it at $.30 and $.26. Thankfully sold my RTK & FIG early on @ $1.14/$4.89 for -$.01 & -$.16 respectively. Sold the CTDBQ for breakeven ($.29) and almost got back in midday but luckily held off. Added GNVC @ HOD (woo! lol), GETA @ $.104, and POSC seconds before the close ($.148) - was going to be so mad if I didn't fill. Oh the only good move I made today was selling my APWR $13 May calls that I bought at .10 for $.20. Had the order sitting open for a week now and today when APWR got over $11, it filled pretty quickly as I was hoping. *Almost* got greedy and moved the order to .25, but thankfully I did not because APWR quickly fell all the way back to red on the day within an hour of that point. Churn Churn Churn. I now wait for VKNG. Sold 25% of my VKNG position @ $.26 for .02 loss so that I could add to my POSC and GETA positions (@ .152 and .09 respectively). Currently holding* GETA (avg $.095), GNVC ($.77), MKTY ($.71), POSC ($.153), SPNG ($.032), VKNG ($.28) *Watching my account slowly deteriorate. I needed today - acct gained 10% and I had a few good trades. It had been awhile (or at least it felt that way). Sold my GETA @ $.117 & $.111 for 18% gain overall. Filled only 25% of the bid I put on TSFG @ $.888. Added to my POSC @ $.191 & $.1731. Holding GNVC ($.77), MKTY ($.71), POSC ($.165), SPNG ($.032), TSFG ($.888), VKNG ($.28) + my APWR calls (May $13 @ $.35 & June $17.50 @ $.25) (Didn't post on the Wrap, was out for the night but acct turned down 3.x% yesterday as VKNG tumbled even though I gained quite a bit by selling POSC @ $.23 for 35% in the am. Left some on the table but bought back 1/3 of them @ .255 I believe later in the day) Today, Day started off well, then turned down, and closed at the HOD +7%. Put in a premarket order before walking to work for a triple up @ $.15 on my APWR $12 May call position. Filled before I had even gotten my platform running about 9:45 am ET before you get too excited, I only have 15 of them (avg $.23).  I was kind of worried almost because the spread would later drop to $.10/.20. Sold 1/4 of my VKNG shares for 25% loss to grab some GOIG ($.024) which was pointed out by Rosco. He did have the word "penny" in his thread title, after all!  I just don't trust the market here which is probably stupid, so it's been all I have been playing. But yeah, I read a little bit on GOIG and at that point it was dipping (from almost up 100% on the day to "only" up 75% - it was 300% higher a week ago though). I liked the context of it so dipped right in. Midday I sold my POSC @ $.225 for a few cent loss because GOIG looked good and I wanted more. Ended up doing 2 more buys @.0226 and .0245. Sold 1 out of the 3 buys at .027 later on and holding the rest. Bought back those same POSC shares for $.23 GOIG would close the day +141% @ .0309. It went from .01 to .06 a few weeks ago and dropped all the way down again - the company is claiming "bashers and shorts." See the links from today in the GOIG thread No idea yet, although nothing about Mutual Fund Funday (we should just rename it right?) was bullish. Except the Dow's price action...! FOMC meeting tomorrow - it's that time for the drop I think. Nothing about my account was bullish today - sold the APWR trading shares at $11.05 that I bought Friday @ $10.77. Mainly only so I could average down in my quickly deteriorating GOIG trade - twice (@ $.02 & $.0203). Sitting on 130k @ $.023. Holding my APWR calls still + my GOIG position going into tomorrow. APWR's Press Conference in Las Vegas should be interesting to say the least! Ouch! Entire portfolio down 9.95% primarily due to large FAS, MVIS and C bag-holdings - Might have hit 10% if not for nice move in UGL. Curious as to whether others think what we are experiencing now since 2/5/10 is similar to what we saw 7/10/09 through 9/2/09 where FAS virtually doubled followed by a number of significant periods of up/down market which presented interesting trading opportunities. Interesting, Actuary - I was thinking the same thing a little earlier today. I wonder if the double short strategy is looking good to anyone else but me (I don't have the capital to put that strategy to use unfortuntely either way). High volatility net sideways movements are great for the squid! My account was even today after taking a nice shalacking yesterday (15%) on my GOIG. I am becoming convinced that I am churning my trading account towards nothingness - all the while my other account that I never touch is still doing great on the year. I enjoy playing the game (trading) more than I enjoy playing the game correctly I fear. Made a couple moves - sold 30% of my GOIG position today @ .018 & $.021. It was a tough thing to do because I know it's coming back, but I had to take advantage of what I see as a great opportunity in APWR - only holding my call position isn't good enough at the current time I don't think. Own 30% position in it now after 3 buys (avg $10.46). This was my plan since yesterday (swapping from GOIG to APWR), but GOIG going down instead of up was not a part of my plan; shocking ain't it? Mkt going down makes it interesting. I am ashamed to admit that my trading account is currently down 44% in 2010
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Post by brosin on Nov 6, 2010 17:06:00 GMT -5
May 2010As mentioned in the ACLH thread, unless ACLH/SPNG moon with a vengeance in the next couple weeks, my trading account will be no more. I don't really know how this would affect my participation here, but I wouldn't think it will do good things for it even though I know I would still be around. For all my trading efforts, ups, and downs, I just can't get anything going. Part of me thinks it is because I have limited funds, but then I don't think that's the whole thing. Trading just isn't for me maybe. I'm afraid to look after today, but my LTaccount is still outperforming the trading account by leaps and bounds. Black and white even (or green & red lol). Well that's my sob story, and I didn't even lose all that much today. Although that's what happens when your base amount shrinks by the day. I hope everyone else managed to survive the storm, and I also hope that we saw the worst of it but I am worried. I will update the FOMC thread later (this correction has been 14% off the high). First day worth mentioning in awhile as the market was benevolent to me today as well; got a nice 30% boost thanks to a successful IMGG trade (sold half at .40 today from my .39, .32, and .31 buys past few days) and buying the dip on ACLH (.031 & .028) after selling the last of my shares early in the day (.044). SPNG's uptick at the close also helped. Actually up almost 100% from the lows my account hit a couple weeks ago, but even now is still 60% underwater in the past few months. Pretty remarkable. But I am still breathing for now. Still think I'm going to eventually move the funds into my LTaccount here soon, but if I can somehow recover, I'm not sure if I'll have the will power to do that. For the first time in a few weeks, I have nothing going on tonight. Woo! Ha, but yeah I'll get to the bull/bear stats here for the next couple hours - have 3 weeks to catch up on. Pretty good trading day, but could've been better. Sold my IMGG @ $.465 this am for nice gain from last week .39 to .465 (would later buy those shares back at .41 near EOD). Day traded VSTNQ from $1.21 to $1.57, left quite a bit on the table but green is green. Sold my ACLH for slight gain .0285 to .0315 but left quite a bit on the table there too as the action got even stranger than normal for my liking today. Interestingly good day for me in CTSO (formerly MSBT) - spread was .07/.08, and I was somehow able to buy at .07, sell at .08, and buy later in the day at .07? My order never even showed on the T&S (even as a bigger order - there were supposedly no trades that went through at .07?) so I am really not sure what to think. With volume having strangely picked up (and all down volume), not to mention the name change and 50% increase in outstanding shares, it is certain the company is diluting. Which means if they finished today as I hope, it could be a nice gainer. Added 2 RIG Nov $85 calls for $.95 early on, and that was it - still holding IMGG & CTSO shares. Pretty good day - sold my CTSO @ $.08 for .01 / 12% gain. Bought VSTNQ with that money @ $1.45. VSTNQ & IMGG are my plays for tomorrow. RIG calls did mighty fine, even when the market went down late in the day they still went up more. Pretty nothing day for me, finished a little in the green - sold my VSTNQ shares for .21 profit ($1.45 to $1.66); bought a few more shares of IMGG @ .41 and some GOIG @ .021. I'm 100% off my year low but still need another double up to approach even again.
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Post by brosin on Nov 6, 2010 18:31:07 GMT -5
June 2010Very cool Dual, nice work and I find it all very fascinating - keep it coming! Dipped a couple toes back in the VSTNQ waters at $1.32 and $1.34 today. Have that and IMGG which traded very light today which caught me a little off guard. No magical mystery machine movement over the weekend. The "real" stocks are starting to tempt me as trades but I will wait to see if we retest the lows first. For those looking for dividends, the energy sector has some gems even if you stay away from BP Exited my VSTNQ with .10 gain @ $1.44, it's been good to me. Bought GOIG @ $.0149 (whoops, it fell all the way to .01 before closing right near the middle) and GETA @ $.06. IMGG/GOIG/GETA into tomorrow - lost a little today mainly on GOIG, not too shabby though Cos, nice call on the market consolidation today. I think we got just that - fairly tight range although still volatile. Sold my GETA, half at .0675 and other half at .0669 - worked out pretty well for .006 or 10%. On no news, I wanted to take some gains now and see if it pulls back towards my entry or better. Volume tells me something is up - it's 52wk high is $1.26, or 21x current price With that I bought some WAMUQ @ .131 and .124 to see what happens - volume got interesting there but didn't get nearly as big as I suspected it might. Maybe getting it back on everyone's radar will be a good thing. Held onto my GOIG shares even though it was up over 30% on the day. The news out this morning was exactly what I wanted to hear from the company, so I might as well hold on for awhile - they made $100k in revenues this month, which is recurring. 12 months x $100K (assuming no growth) is $1.2 million dollars. That is $1.2 million dollars more than the company had ever made in a year. Call me intrigued. IMGG showed signs late in the day but volume was light today as its been all week surprisingly. No trades - I was up 4$ today lol, holding all into weekend WAMUQ/GOIG/IMGG GL all, have a good one! I peeked at my LTaccount today - OUCH. Good thing it's a long term! Crushed the past month. Trading account is treading water. WAMUQ worked out great but I left quite a bit on the table with the late day run (ended +34% on the day). I sold at $.156 near the open for .025 / 20%. Bought GETA @ $.0495 and holding my IMGG/GOIG into tomorrow. Up fairly nicely on the day. I un-unlost a few % today on GETA's spill and a premature set of re-entries on my WAMUQ trade. APWR came back a little bit and GOIG/IMGG were lifeless. Holding the 5 positions into tomorrow. GL all Nice jobs Comm, Ask, Ben - well played for sure today. I thought y'all were nuts. I just couldn't hold off on BP anymore, especially from a long term perspective. The volume and cliff dive today looked capitulative to me, especially in the amount of dollars we are talking (240 MILLION shares traded today - this is not a $2 stock like Citigroup or something). I bought at $30.00 on the nose for a full position in the LTaccount. First move in there in awhile.. I was disappointed to see the account value as I try to never look although I saw it the other day. I know everyone hates it; to me, I like that. I will probably be wrong before I'm right, but it will be tough to time. I also really thought it was going to bounce off $30 for a trade as well - I sold my WAMUQ and GETA positions for losses (GETA for -.005 / -10% & WAMUQ for -.025 / -13%); still up on both for the week after bigger profitable ones on each earlier. Bought @ $30.45. Kerplunk. But it is the first big cap stock I have bought as a long trade in maybe 6 months (?). Ah well. Just below even on the day w/ GOIG, GETA being up but WAMUQ making up for them. IMGG/APWR even, and BUGS made me like $15 or something. Holding APWR/BP/IMGG into tomorrow and brought my BUGS spray Due to the 4 hour meeting, I will probably have to put in a late night. BP did great, APWR did better. Great day for the home team. 24 hours to remember right here! Sold my BP @ $33.85 for $3.40 / 11% - hoping for pullback Sold my APWR @ $9.35 for $2.15 / 30% and then rebought @ $8.99 Pretty good day & week, holding APWR/GOIG/IMGG w/BUGS spray into next week. Down a couple percent today, no trades - wanted to dip my toe back in the BP waters/oils, but will wait one more day and see if it wants to go under $30 again. I didn't have a good selling price on APWR anyways. The ride from $30 to $34 was so much fun that maybe I'll have to do it again. Holding my APWR/GOIG/IMGG w/BUGS as well No trades today, good day. APWR/GOIG/IMGG & a little BUGS. Wanted BP, but still waiting for the APWR trade to strike some gold towards the $10 level, hopefully early in the am. Maybe BP will be down in premarket while everything else is up; I can hope, right? Got lucky now two days in a row predicting the action correctly. 3rd times the charm for Mr. Market getting me probably. Couple moves, sold APWR @ $9.10 for .11 gain / breakeven with commissions. Bought BP $29.80, sold $31.25 for 5%. Bought FRE @ $.75. Sold my BUGS for .0043 / .0013 breakeven w/commissions though. Holding FRE/GOIG/IMGG into tomorrow. I was up slightly on the day thanks to the BP trade. Probably should've just held but I see a nice opportunity on FRE/FNM Good thing I was too busy today to watch much, I would've just watched my account continue moving down into its LOD at the close. FRE kicked my butt. Still holding on as I'm successfully trapped. Ah well, I will wait for a nice run to get out on. FRE/GOIG/IMGG into tomorrow's opex. Should be fun! No trades today, surprised we didn't hold the gain. Updated the FOMC Meeting thread today which I would suggest folks take a look at. Kind of important I would say. .....we alll knew this would happen today any way We did? I missed the memo. Bears being bearish doesn't count. No trades for me, FRE was slightly green at least No trades, still got FRE/GOIG/IMGG. Slight up day - GOIG is impressive in that it cannot stop going down! And.... yep, then it went down. Fed, market, and world is saying 2011 is gonna shtink. I traded some LVS puts today, bought at .80 and sold at 1.00. Left some on the bone both ways, but not too shabby. Keeping positions very reasonable and small. ;D Added some ELON today at 7.20. Hope everyone made some money today and will do so tomorrow. Members, please post your results along with your RDA of smileys! Oh so gloomy. If market were up 150, things would seem hunky dory. ;D No trades, slight down day and still got the same 3 turds. GOIG continues to impress. It'll be a 4 decimal point stock soon! No trades today, slight down day. Have a good weekend everyone. I will have my late hw assignment (bull/bear stats) done by the end of the weekend. No trades, preparing for starting in my new position on 7/2 so didn't watch the action much at all today. Updated the Bull/Bear stats last night for those who come around later on today. The group performance has been noticeably lower than average over the last month, which isn't all that surprising. No trades - again, GOIG impressed in a bad way (went to +50% within an hour of the open, only to finish the day -10%). Yeah that's normal! IMGG/FRE down slightly. Slight down day, but could've been worse (and it was for the IRA I'm sure - afraid to look). I owe Ben and Cosmic some cookies, and Commodity is swiftly making back his fortune he lost to me earlier this year. Congrats bears - don't be afraid to take some profits! I'm quite glad we took back 1040 today for the close, and I'd say tomorrow's close is even more important technically. Fundamentally, I don't think things are nearly as bad as the market says - home prices were up 4% this month! No trades, thought the market was even for the day (saw it around 1 pm). Guess not! I agree with your sentiments Cos, good post today. Not that it's not good every day, but you know.. I am off to Milwaukee to see Umphrey's play Summerfest, and I have tomorrow off. Friday I begin the new job! Part of me selfishly hopes the market continues getting killed until I get my first few bigger paychecks - I will start adding to the IRA each month here now that I will be able to. Have a good night everyone.
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Post by brosin on Nov 6, 2010 18:46:45 GMT -5
July 2010It was an all-out buy festival today. Insanity. BEARISH! (Just for Brosin) Wow what a close! So is this Brosin comment regarding the 300 pt up day theory? Didn't quite comprehend. I did say I thought today was going to be a really big up day Not that that means much... I'm sure we'll retest, but I'm still a bull. Gloom and doom had (has) reached delusional levels. I like your dividend thoughts Torr - imagine what will happen if the market starts moving up and the data continues confirming. And then on top of that, banks reinstate dividends. By October, voila, as if this never happened (how January felt by April). FMCC (Freddie Mac, prev "FRE") continues to unlose for me - I expect 200% on top of the 100% it is currently off the bottom. FMCC un-unlost a bit for me today. I'm in the process of transferring my scotturd assets / IRA and trading acct into a new TDA IRA account and my TDA options account respectively. Want to play some covered call hedges in the IRA acct especially, so that's my excitement mkt wise (haven't made a trade in what seems like months [only been weeks]). Exciting enough though. In other news, it was my first full day w/ the new gig (the week up to this point had been half days with each dept and then training sessions through yesterday) and it flew by - mainly because I have no clue what I'm doing yet and it takes me forever to figure out what I'm looking at / for. Anybody familiar with Long Term Care? Pretty involved stuff. Bought TIMK (Timber's Karma) at 98 for a scalp as it was running large on heavy volume. Will hold the scalp for the mid 100s before selling Bought CLF @ $46.80 in the trading acct. Bought some IMGG @ $.21 - trying to support the magical ray gun. Maybe should've sold but holding overnight. Hmm, trade filled day for me. Good or bad? I'm not sure. Sold my IMGG shares from yesterday ($.21) @ .257 and .251 for a nice 20% gain. Promptly bought a big more FMCC at the HOD @ $.353. Sold my CLF EOD @ $50.25 for just under 5%. Bought VSTNQ @ $.38. Shorted AAPL at the close ($251.80) and bought FAZ in AH ($15.23) - all moves to ensure a market surge. FMCC, short AAPL, FAZ, VSTNQ, and GOIG are my current holdings. Overall a pretty good day for me thanks to the IMGG trade. Got out of my shorts too early, bought some more VSTNQ. Ready for a big up day tomorrow! Fricken 1.77 points off in the Dow. Talk about a blind squirrel call. No trades - sellers regret on the Magical Ray Gun but at least VSTNQ finally went lime green at the close. You still holding that doomy short on IMGG Cosmo? Sold VSTNQ @ .525 from .38 buy last wk for 37% Bought IMGG .30, sold IMGG .323 for 7% Bought VSTNQ @ .519, holding overnight but up 20%. Account +44% today. Sad that I can say that and say I'd still need a couple more of those to breakeven with all the penny pooper plays I've had over the past 6 months. Dead On streak ends at 6 - bears you are weak! Lost some of the gains from yesterday as VSTNQ pulled back 14% on the day. Although I did trade out of the VSTNQ and into FMCC for a 8% trade in the meantime before buying back into Visteon, so all in all I lost only 7% of the 44% profits yesterday. Holding VSTNQ into tomorrow. Sold VSTNQ .575, bought FMCC .363, sold FMCC .393, bought VSTNQ .57 Oh and bigger news (for me at least), I created a new position in the IRA for PCX @ $12.50 No trades - VSTNQ had a wild day but ended only slightly lower as did my account. Better luck tomorrwow! Sold my VSTNQ @ .465 for -9% from .515 Shorted ARNA avg $6.84, looking at a few longs on any gap down tomorrow: CLF, PCX, BP. Opinions welcome! ARNA kicking my butt, but I am going with it kicking and screaming. Holding over the weekend. Added some at $7.25 and $7.64 today. Yuck! Avg $7.12, -12% currently
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Post by brosin on Nov 6, 2010 19:01:07 GMT -5
August 2010Held my ARNA short, +10% today to get back to even But I can't complain. Shorted myself and my desire to not post for awhile here in AH. That was a big enough dip. I'm just glad Abdogman is back in action and that we cleared all that up. Next time someone has a problem with something I said, PLEASE post your disapproval in timely fashion so we can get it sorted out. I love this place but sometimes get the feeling it is not mutual Covered my ARNA $6.78 for 5% from $7.11 Long VVUS $5.46, sold $5.55 Short ARNA again $7.01 No trades, still waiting for ARNA to see where some support is once the initial climb breaks. I see a major H&S on the 60 min / 2 wk chart. Covered half my ARNA EOD here @ 7.03 for -.01 on the trade. I will hope to re-enter on a pop tomorrow. Chart looks like it's ready to rollover, but wanted to free up a little cash for potential AH trading. Blah day for me. Covered remaining ARNA short for .05 gain / breakeven. Bought MVIS $2.68, sold $2.58.  Re-shorted ARNA $7.04, covered $7.14 Bought ATEC $2.52, sold $2.50 All cash into the weekend. Being in all cash, I have split what was left of my Scotturd trading account and transferred it into my IRA and my TDA options account. I'm going to concentrate much more on longer term plays over a span of 1-2 months in the options account and see if I can't get some more insight into that market. I think I'm going to buy HPQ tomorrow with the new funds in the IRA. Bought some Chipotle here in AH - burrito with guacamole. They raised their prices recently - $9.05. BWAH - how much does that cost them to make, $2? Remain all cash - watching a few things long and short, but haven't pulled the trigger yet. Trying something new - patience. Went from all cash to barely all cash. Dipped into a starter FAS position $21.48 - planning on 3-5 buys for 4-8 wk trade. Won't mind if we go lower for my other buys. And I think we are going lower - no FOMC new high = angry Brosin Kenny Bear. Changed my avatar to match that. Let's see where we can find some support! I don't mind buying cheaper. I still see alot of things I'd like to buy. Added my 2nd of up to 5 entries on the few month FAS trade. Avg now $20.82 Played some RayGun EOD @ $.17 Sold my IMGG at the open for $.22 / 30% - no clue why it was up. Expected to lose money on that impulsive buy at the close yesterday. Bought ARNA September $6 puts @ $1.70 at the open and shorted some shares at $6.69 as well. Still waiting on my next few FAS entries patiently ($20.68 avg on 2 entries so far). I am bullish for next week. Have a good weekend everyone! Buy #3 (of up to 5) on the FAS position @ $19.50, just above the LOD. I'll take it - avg now $20.38. Nothing about the actual action? What about POT? Market gain over 1% today? I thought opex was supposed to be mainly flat? I say meh to all the naysayers in general - you all know what I'm watching, and it seems clear to me. Added my 4th portion of FAS @ $20.40 to keep my avg at the $20.38 level still. Won't add the 5th and final unless it goes under $19.50 - otherwise, I wait. Speaking of mega puke, I bought some FAS today I said I wouldn't buy the 5th and final unless it went under my $19.50 buy, and I really didn't think it was going to. But I grabbed some at $19.45, a bit premature. Avg $20.18 I believe. So far it has gone probably as well as I had hoped, because now I have a full position at what I think is a very safe price given that I am giving it 4-8 weeks to grow. Bank dividends would be something, eh? You know they're coming. Flat yield curve makes no one want to touch them, but eventually I think the stock market will start ignoring what the bond market seems to be telling them. I feel like the equity market is yelling through the tunnel to the bond market: "Hey guys, not smart to bet on the end of the world!! (of the world.. of the world.. of the world..) I am worried as well. I can almost feel my "I'm a bear" post coming here soon. I will keep it on the back burner for now though; still a little inkling of hope, but it is decaying faster than FAZ. No trades, and all things considered, I'm not too upset to be down 10% on FAS (entries from last 2 weeks for avg of $20.1x). Reminds me of a few of my past EDC and DRN trades that started out like that and ended up way green with me getting out of them green, but nowhere near as green as they would've gotten. sorry blue - they've gotta be a tough trade no trades, a few prayers for my FAS which were so far answered; ha, not really though - still haven't gone down too much on it at -14% at the low (i was hoping to never get to a 20% paper loss before it comes back green) The bear bus went on without me, and not a moment too soon maybe. Because now it looks like it's about to go drive itself off a cliff. I love those starts to rallies when the bears and bulls alike agree that there was no good news at the root of it. They all sell into it together and watch it move up. Quite the significant day if you ask me. The Bears are who we thought they were! That's what Ben said... something to the effect of 'support the equity market' The Fed doesn't have a mandate to buy equities. The Treasury can if they want, but not the Fed; it is a semantical argument perhaps, but that's the situation. The Fed will "support the equity market" through its standard tools, but at the end of the day, it is the banks deciding not to lend the money they are being given every day. If you ask me, all the Fed needs to do is come out and abolish interest rates on Excess Reserves - they wanted banks to have cash in the event of continued deterioration (the reason for the new policy as of 2008 to pay interest on those), but as usual, there are unintended consequences. Now the banks have no reason to lend that money out since they are making money off just letting it sit there! & Just like me lol. I make more money (by not losing money) just letting my cash sit there. Well right, but for banks there is a big opportunity cost in doing that and its all about their fear. You can see they don't want to get burned again, so the Fed needs to push them back towards rationality. If you are being given money at .25%, why would you sit on it and get another .25% interest on it rather than lend it out at 10%, 20%, 25% in some cases in loans, credit cards, etc? Is it a matter of not wanting to take on fixed rate home loans at 4% for 30 years? Maybe. I'm not sure. But either way, that money is not doing any good sitting as *EXCESS* reserves. Usually, in normal times, ERs are at $0. It is currently at $1.2 Trillion. That's a little bit of money. I like that strategy more than what I thought you were going to do (liquidate all holdings, full positions). No moves, FAS from $20.1x still down 10% on me (hey with the way people talk, I'm surprised I'm not down 20 or 30% [knock on wood]). Watching MNDP tomorrow, volume went through the roof on it today. Was a sub penny stock mentioned by Timber a week or 2 ago, and it has fascinated the crap out of me. Was up 72% today after doing nothing but going down since I started watching it. I own a few shares at .0029 (.0037 and .0022 entries), so am hoping for a big day tomorrow.
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Post by brosin on Nov 6, 2010 19:16:48 GMT -5
September 2010Even I am stunned by how fast my FAS position has come back. No trades, sub penny play MNDP (mentioned in yesterday's wrap) started out the day how I thought it was going to (there was news released this morning after the 77% move yesterday, hmmmm lol)... was +30% early, and then decided to take a dirt nap. The Clinton Brosin bull is changing his name to the Clemson Brosin bull; hopefully with similar results! No trades My FAS is now in the green. sweet, have fun!  ;D No trades. My FAS is still green Cosmic asked me to provide the Wrap in his absence this afternoon since he is not sure when he will be back. This is only the 2nd Wrap Cosmic has missed since April 2009, which I think many of us - including myself - sometimes take for granted.  As I know a few people have mentioned, 1104 spx was a key level - we did not get through it today and closed below the 1100 mark. I for one am pleased that we saw some consolidation over the past 2 days rather than big moves. It seems to indicate the market is feeling things out; this is healthy I would argue. My FAS is now green for the 4th close in a row in real life I made a few trades in my new Scalp Trade Porfolio Simulation to finish up exactly 1% on day 1 of the simulation. Day 2 of the Big Cap Growth Portfolio ended with it up .7% Hope everyone made some money and will do so tomorrow. Members, please post your results along with your RDA of smileys! My real life FAS was green for the 5th straight day Big Cap Growth Portfolio was up .4% on its 2nd day (total 1.5% already, thanks TBT!). Scalp Trading Portfolio was down 1% to finish right back at even after 2 days. FFR was down overnight to .19% from .20% - bearish reading for the day, even for the week. I remain uber bullish. for me big cap growth portfolio remains 50% invested and was up .2% on the day today (1.64% overall) I'm an idiot and never closed out my positions in the scalp trading portfolioI missed the close, lost track of time. Holding over the weekend! Ugh, not the strategy in that one. Come on gap up. Was down .4% on the day and is -.4% overall as well Did some cleaning up of the IRA spreadsheet to account for my money movements - no changes but cleaner and the numbers are now corrected FFR was bearish overnight to .18% and moved from .19% to .18% this week; slightly bearish reading into the weekend. My FAS in real life is green at the close for the 6th day *all the links / organization is for timber ;D big cap growth portfolio remains 75% invested (I had mistakenly said 50% on Friday but was counting the short GOLD position as a negative market value and it distorted my buying power; now fixed) and was up 1.7% on the day today (3.4% overall in only 5 days) I'm still being an idiot and not closing out my positions in the scalp trading portfolio; I did not like the price action on any of the 3 that I hold. Have not played true to the strategy, which is annoying me a bit with myself, but that's ok for now. FFR was level at .18% overnight - remains near the bottom of its .17-.21% range since July 1. It still remains in breakout territory (.17%+ by my eye), but towards the more bearish portion of it, which suggests the rally may be in jeopardy should the FFR not come back up towards the top of the range. My FAS in real life is green at the close for the 7th day and is starting to make some headway (+12.6%) *all the links / organization is still for timber ;D In real life: My biggest news of the day is that I am finally free of the UNG death trap in my IRA . I sold it for a big loss; I also sold my profits (the Cosmic way) on VALE and FCX to get me back at my original positions there. They were nice profits from my 7/7/09 buys. I purchased CHK ($21.62) and RIMM ($45.10) with those funds. Fed Funds Rate was level at .18% and is even for the week so far. My FAS in real life is green for the 8th close in a row In the fantasy world: Big Cap Growth Portfolio took a hit (-2.2%) in a few different areas. It is still +1.2% in a week since inception though. My 3 scalps in the Scalp Trading Portfolio have turned into few day long holds (ughhh, stupid to have forgotten to close them Friday, not playing the strategy correction) - still up on them overall - HPQ +2.80% / +$5350, BP +.9% / +$850, RIG -2.4% / -$1470. That account is at $253K for a 3K gain so far (1.2%). As a reminder, if you have not signed the eCard for Dual and his wife and you are planning to, make sure to do it before Friday's market close (4 pm ET)! In real life, Fed Funds Rate was bullish overnight to .19% from .18%; now smack in the middle of the breakout range. As mentioned in the good morning FFR post, .19% and above is the 'full steam ahead' signal as I see it. Green FAS made it's 9th straight showing and is getting greener ;D In the fantasy world: Scalp trading portfolio is back to all cash as I locked in 4 gains today. HPQ was the big winner (+3.8%). Account is up 3.2% since inception 9/8/10 Big Cap Growth Portfolio was up 1.6% on the day; it is +2.8% since inception 9/7/10 Real Life: Fed Funds Rate showed bullish explosion to .21% from .19% - I tabulated some stats which are posted in the Charts and Chats thread as to the other rare occurances where we saw .02% moves. The only other 2 times the market showed no immediate reaction with a strong up day were strangely enough also on Thursdays - the market would go down strongly the following Fridays and then roar higher to even new highs the following Monday / following week. Will be interesting if that happens again. I'm just a full out bull until further notice as I won't try to catch a 1 day down move. My green FAS made a 10th showing even if it didn't want to get any greener today ****if you have not signed the card for Mrs. Dualism and would like to, please get on it - card autosends at 4 pm ET tomorrow at market's close**** In the fantasy world: I opened up the 3rd of my 4 planned simulated portfolios (last one to come is the Small and Mid Cap growth) and toyed around a little bit in there. [4% of total "net worth"] Options Trading Portfolio saw some beginners luck as my only realized trade was for +35% on short $112 SPY Sept puts. I had 2 entries on short $113 SPY Oct calls which I will hope to see a pop on tomorrow should it be a red day. A good start in there even if it was a small position. It was my "first" experience writing an option, even if it was a simulation. I'm excited to learn that game. [77% of total "net worth"](Google Spreadsheet) Big Cap Growth Portfolio was up 1.5% on the day and is up 4.2% since inception (beating market by 2.2% so far). [19% of total "net worth"] Scalp Trading Portfolio saw 3 trades today and ended the day +2%, leaving a long RIG position open overnight (even). The other 2 trades saw 1% gains in HPQ and RIMM. That account is up 5.2% overall since inception. In total, my fantasy investments started with $1.3MM (9/7/10). Currently worth $1.35MM (4.1% gain) & Doubled down on RIMM in AH w/ monopoly money in the Big Cap Growth portfolio @ $48.85 As for me... Real Life:Fed Funds Rate held the .21% move and was level overnight. This is a good first step. FAS got yet a little less green today, but #11 is upon me Fantasy World: Big Cap Growth -1.8% on the day with 1 entry in CLF ($61.85) Scalp Trading +1.2% with realized gains in BP, RIG, CLF, and RIMM - unrealized 1.7% loss on HPQ right now Options Trading -10% on the day, as I had a realized 72% loss playing $113 SPY Sept calls. Holding some short $113 SPY Oct calls which are green for now. Total Net Worth of all the fantasy accounts decreased by 1.3% today, +2.8% since 9/7 inceptions. Real life: #12 in 'a day in the life of green Fassie' was a success, got substantially greener. FFR was level at .21% - as mentioned in the morning post, we had not see 3 straight closes at .21% ever before today (dating back to Dec 2008 when 0-.25% target was set). This is some consolidation that makes me feel very good about the rally continuing. FOMC meeting is upon us tomorrow. We saw a new market high 1 day before it as has happened now 4 consecutive meetings. I will be interested to see if that new high becomes a top or not. Fantasy World:(77% fantasy net worth / FNW) Big Cap Growth was up .3% on the day, no trades, remains 80% invested (19% FNW) Scalp Trading is even on the day and holds 2 unrealized gains at breakeven into tomorrow (RIMM +.4% / +$1963 & HPQ -1.1% / -$2207). Fully invested and holding overnight (not standard strategy in here). (4% FNW) Options Portfolio continues to hold short $113 Oct calls (avg $2.06), unrealized loss of -38% (-$20K) on that holding. No trades today. Total Net Worth: unrealized -1.3% on the day (-18K), mainly due to the options hedge. I'm learning the hard way how costly a mistake in there can be. Real life: Lucky or unlucky #13 has ended with green Fassie' getting a little less green. FFR was level at .21% - 4 straight closes at that level (most bullish it has been since Dec 08) FOMC meeting come and gone. We saw a new FOMC high this time around of 1148; the streak of lower highs ended at 2. Fantasy World:(77% fantasy net worth / FNW) Big Cap Growth was down 1% on the day; I purchased V ($70.11) and am 85% invested. Good trading day: (19% FNW) Scalp Trading saw a 5.1% realized gain today through 2 RIMM trades (+2% & +1%), 1 poor CHK trade (-.9%), small HPQ gain (+.5%), and a good FAZ trade (1.3%); holding unrealized loss of -.6% in CHK overnight. (4% FNW) Options Portfolio continues to hold short $113 Oct calls (avg $2.06), small gain on the day still down 35% on it. Total Fantasy Net Worth: +.2% on the day, +2% since inception (lagging market by .7%) FFR made a bearish move to .20% from .21% overnight last night - as mentioned, we are still at .19% or above for the "all clear" signal as I see it. We will see what happens tomorrow. My FAS trade has crawled down to only being green by 10% now. Monopoly Trading: Big Cap Growth saw its first sells when we broke through 1135 spx (mental stop); I sold half my double RIMM position to make it a single, and my profits (>5% in all 3) in VALE, SIRI, and SLW. I am down to 65% invested. If the market drops under 1130 (mental stop 2), I will unload some more profits. Down -.8% on the day. Scalp trading saw a 1.5% realized FAZ trade, and bought some RIMM. Holding some RIMM and CHK overnight, unrealized losses -.9% & -1.8% respectively. Options Port saw one trade - bought 100 SPY $116 Oct calls @ $1.01. Down a few cents on those so far. My only other holding there is the SPY short SPY $113 Oct calls that unlost 12%. All combined, accounts were -.6% on the day, +1.4% overall. FFR made a bullish move back to .21% from .20% overnight last night after the previous night's bearish move; now back at its recent high. Let's see what happens there overnight tonight. My FAS remains green Monopoly Trading: Big Cap Growth -.3%, no moves (will potentially unload some if we are weak in the morning) Scalp trading -.4%, no moves; full one day holds of RIMM/CHK. Should've sold when they were both nicely green Options Port bought back my short SPY Oct $113 calls very early this morning @ $2.14 for -4%; this position was down -37% at one point earlier this week. Should've bought them back later. Early morning, I added to my SPY Oct $116 calls @ $.80 Accounts were almost completely even (+.1%), mainly due to the short SPY Oct $113 call gain. FFR was bearish to .20% from .21% - after today's move, I would not expect it to deteriorate further on Monday. Should it go down further, bulls would want to tread a little more cautiously. .19% and above is the 'all clear.' FAS may have lagged other sectors, but I don't mind. Only means the catchup days will be all the better. Getting quite green again Monopoly $$$ Big Cap account bought back a few of yesterday's sells in VALE and RIMM as well as adding to my CLF position. +3.7% on the day. 20% cash Scalps closed out all positions in the green for realized 1.7% on RIMM, .3% on FAS day trade, and 1.4% on CHK. +3.2% on the day. 100% cash Options Account unrealized 50% gain on my $116 SPY Oct Calls (+83% today ), still holding & wish I had more of them. Account +24% on the day. 80% cash All in all, it was a very good week and I've done well. Accounts are up 4.1 on the day. Since inception 9/6, markets up 3.5%, and my accounts are +5.8% $1.3M to $1.377M (77% of net worth) Big Cap account lagging market by .1%, +3.4% overall (19% of nw) Scalp Trade account beating market considerably, +16.8% (4% of nw) Options account is +4% FFR was very bearish today to .19% from .21% - this is something to watch tomorrow. .19% and above is the 'all clear,' but further deterioration under that level tomorrow would be a sign of a looming top. I would still think it would take about a week before coming. Still holding FAS Monopoly Big Cap was down 1.6% today. The GOLD short continues to kick my butt. Acct is 65% invested. Didn't post yesterday, but sold LVS / ANR / HPQ in there. Account lagging market by 1.8% since inception. Scalp trades Yesterday had gain on FAZ .8%, loss on shorts RIG -.7% and BIDU -1.4%, opened FAS & RIMM positions to hold overnight. Bought some more of both this morning, closed out FAS for 1% gain but bought more RIMM at the close to hold overnight (unrealized 1.1% $7K loss currently). options acct no moves either day, still holding 300 SPY $116 Oct calls @ .91 (currently 31% unrealized gain) Accounts were down 1.2% on the day Sorry very late FFR was level at .19% .19% and above is the 'all clear,' but further deterioration under that level tomorrow would be a sign of a looming top. I would still think it would take about a week to show in equities before coming even if it did deteriorate. Still holding FAS Monopoly Big Cap was up strongly by 2.6% - took the lead over the market by .9% since inception. No trades, remains only 65% invested (dumb move?) Scalp trades account was up 8.4% on the day mainly in the RIMM I held going into the day and the big FAS position; realized 1.4% in RIMM, 1.8% in FAS, -.5% in FAZ, breakeven in BP, -1% in FAS, and unrealized -.5% in FAS going into today. options acct no moves, SPY $116 Oct calls unrealized 22% gain Accounts all combined +3.6% FFR was level at .19%. .19% and above is the 'all clear,' but further deterioration under that level tomorrow would be a sign of a looming top. I would still think it would take about a week to show in equities before coming even if it did deteriorate. For now we will call it bullish consolidation. Still holding FAS Monopoly Big Cap was up .4% on the day, with new entries in BIDU $100.30 / BKE $26.82 / CYOU $27.47. Went from 65% invested to 80% invested. The best thing to me is that I am now beating the market again by 2.2%. Scalp trades closed out FAS held overnight for 2.9%, day traded losses on CHK -.4% and RIMM -1.8%, and no gain on FAS position, holding overnight. Account +4% on day. options acct no moves, SPY $116 Oct calls are back to even, down 22% on the day. Accounts all combined +.5%
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Post by brosin on Nov 6, 2010 19:28:35 GMT -5
October 2010The FFR closed out the Quarter at .19% (rebalanced overnight last night so we look to yesterday's number) - this is quite bullish when one considers that Q2 closed on 6/30 with it at .15%. This is in the middle of the breakout range (.17%-.21%) since July 1 and at the .19% or above level I call the 'all clear' signal for the bulls. My real life FAS went up some more today, still waiting for the power move I know is coming. An active Friday in the Monopoly world tracked in the blog, and a very good one. Big Cap saw some net sells overall; sold my SLW early for breakeven / slight green - thought process there was that my GOLD short is kicking my butt but I trust it. At this point SLW could roll over just as strongly in which case my hedge is not hedging me so much. I have plenty of other exposure to the market. I also sold half of what was a double RIMM position for strong gain 6.6% / $8K, and half of what was a triple CLF position for strong gain as well 5.1% / $8K. Both were average downs, CLF's a 3x average down. Buys were HPQ $41.76 & SIRI $1.22, both rebuys of sells from past weeks. SIRI I had to chase, HPQ lower than my sell. Down to 75% invested from 80%, +2.9% on the day Scalp trades closed out FAS held overnight @ $21.68 for 1.6%, bought FAS again 2 entries $21.43/$21.28, sold $21.48 and $21.80 for 1.2%, bought BIDU $99.90 and $98.80 (unrealized -.7%), bought HPQ $40.46 and $40.36 (unrealized +.8%), and day traded FAZ from $13.16 to $13.08 (-.7%). 43% cash, +6.2% on the day options acct no moves, SPY $116 Oct calls were up 9% on the day, still holding - unrealized 9% gain. Accounts all combined +3.6% on the day. Market was down slightly on the week, so that makes it even better that I had a good one: (77% of net worth) Big Cap account was up 3.6% this week and took a 3.7% lead over the market since inception (+7% overall). The biggest position in the account is my GOLD short as a hedge which is now down 10% - I have to average up on it soon (19% of nw) Scalp Trade account was up 10.8% this week, and is up 27.6% overall. Still not more than a few trades over 2%, which is the most interesting thing to me... going to take a closer look over the weekend. (4% of nw) Options account is red by -28% this week and -24% overall. Those calls I held went from 50% gain to 9% gain... not good trading there. Overall, "net worth" has increased from $1.377M to $1.436M this week, 4.5%. 10.5% gain overall from $1.3M That flash crash in CENX is both fascinating and worrisome at the same time. Taj, GL I hope you come out ahead with that one. Let us know how it goes. FFR moved bullishly today - I would think it would turn back down tomorrow if today's move had substance behind it. My FAS was down. My RIG otm calls still retaining value somehow. Perplexing. ... Big Cap Acct down 1.6%, remains 75% invested Scalp Trading down 5% on the day, holding unrealized losses in BIDU -2.7% and FAS -.7%. Options Acct down 19.8%, still holding SPY Oct $116 calls All in all, accounts down 2.6% on the day FFR was level today at .20% - yesterday's bullish move in the face of the Red Futures was a strong indicator of what was going to happen today. It is again the divergences that are the most important things to watch there imo. My FAS had a nice day Monopoly world saw some action, more rotational movement than buying or selling: Big Cap Acct saw a couple moves - sells in C $4.14 (7.8% gain) and SIRI $1.29 (5.7%, 2nd go around with it). Adds in CHK $22.38, $22.28 (two adds today, now a 4x long position), GOLD short $105.61 (2nd of 3 pulls on that one, currently a big hedge position w/7.6% loss), and BKE 22.48 (made it a double long position). Overall, account +1.7% and went to 80% invested from 75%. Scalp Trading - 5 green trades, 2 red; sold my FAS $22.05 held overnight from $21.60 for 2.1%, sold my BIDU $99.97 held overnight from $98.64 for 1.4%, day traded BIDU short from $100.80 to $100.41 for +.3%, day traded FAZ from $12.87 to $12.86 for breakeven/slight red, day traded FAS from $22.16 to $22.39 for 1%, day traded FAZ again from $12.70/$12.66/$12.59 to $12.46 for -1.5%, and day traded FAS again from $22.77 to $22.87 for .5%. Bought CHK at the close $22.35, holding overnight. Acct +8.8% on the day, now up 31.2% overall. Options account finally saw some moves - sold my SPY $116 Oct Call position for +58%, opened SPY $118 Oct Call position, short SPY $114 Put position, and SPY $115 Put position (hedge). Account was up 27.6% today thanks to the $116 Oct Calls that were up 109% on the day. I'm slightly green overall in this account now, which I'm happy about. All in all, accounts were up 4.1% today Not much on the real life front - FFR was level, FAS still holding its gains. Big Cap red by -.7% on the day - no moves, 80% invested Scalp Trades Acct was pretty slow day as I never got the strong up move I expected - sold large CHK position held overnight for .5%, bought some BIDU, FAS, and CHK - currently -1.5%, -.5%, and -.3% respectively. -.8% on the day options accountBig day here as I started playing in the Apple weeklies. Even on a no movement day, I can see how fast these move. Bought the Apple $280s for $7 & $6.65 within 2 minutes of eachother, sold them 45 min later for 42% @ $9.50, bought them again @ $8.40, $7.80, and $8.60 - sold all for 16% @ $9.60. Also day traded the CRM options thanks to Tracy's mention of it - made 40% long the $95 calls, and 40% short the $105 puts. Also closed out a previous short SPY $114 Oct puts for 10%. 2 moves at EOD were adding to my SPY $118 Oct calls, and purchasing the Apple $280 weeklies. I had a lot of fun with these, but I'm sure it won't be as fun on the other side of the move. It is already a great learning experience either way though - I highly suggest someone do it even if for just a few days. This acct +38% on the day All monopoly accounts combined +.8% on the day FFR was bearish to .19% from .20% - this is something to watch. Remember that .18% is the "get your parachutes on alert" level should we see it. FAS was fairly strong today I thought. monopoly... busy day for the Big Cap - good day overall +3.4% thanks to BKE and my GOLD short, remained exactly 80% invested when all was said and one - consolidated quite a bit - sold CYOU / 4.6% CLF / 5.7% (this was a good trade because I averaged down considerably twice) V / 6% BKE / 11.8%. half (covered short) GOLD / -2.2% (considerable average up) bought added to PBR added to RIMM MON CRUS BKE again (seller's remorse) Scalp trade account -1.2% on the day - only one move, day traded FAS from $22.20 to $22.55 for 2.2%. holding unrealized CHK -.3%, BIDU -1.6%, and FAS -.5% all from yesterday. Options account, another busy day with AAPL weeklies - day traded them for 12%, 2.5%, 14.4%, 4%, and held the last batch overnight. Also added a little more to my SPY $118 Oct call position. acct +19.2% today, holding some AAPL and SPY calls, and short some SPY puts Very lackluster day overall for the mkt - not surprising since the bond market was closed. There was no FFR today, and I made no moves in real life. Still watching MON & V as potential IRA buys - thought some more about that today. My IRA hit a YTD high and went green today for 2010 I was down just under 20% in mid August, so this was a large move. ;D Monopoly world - all tracked in real time in the blog Main event of the day was getting some tutelage on options writing. I had never understood margin requirements there, which seems to be the *1st* thing someone would want to really understand. Oops... thanks to CCash, Ask, Cosmic. This is why I'm playing the monopoly world - growing pains... - this means I have to look back in the Options Acct to turn back the clock on any trades I wouldn't have been able to make... caution tape up there for now - Friday had been a good day too. Luckily I have mainly played long deep ITM call positions except for a few trades which I'll have to erase. Big Cap Account - didn't post friday. -Friday... sold 3/4 of what was a 4x long CHK position @ $23.12 for 4.7% - (day too early it seems). Sold my MON for 7.6% in a day and a half. That is not my strategy in there, but it worked way faster than I thought it would. Shorted some SOL $13.03, LVS $37.28 (day early on both of those too), and re-shorted GOLD @ $103. -Today only 2 moves, shorted some more SOL $13.96 and bought the CHK back @ $23.35. I was thrilled to be able to get the CHK back near where I had sold after it was almost $25 in the pre-mkt today. I was down slightly today, but have taken a commanding lead of 8.7% over the market since starting, +13.9% overall Scalp trades: Friday - sold CHK $22.90 for 1.1%, added to FAS @ $22.41, sold BIDU $98.60 for 1.1% loss (can't seem to get BIDU right), shorted CLF @ $69.60 Today - bought CHK $23.59, covered CLF $68.88 for 1% - holding unrealized CHK -1.2% and FAS -.8% Real life: FFR was level at .18% - still at the "Have parachutes on watch" level, but a few points above the "Deployment" level at .16%. IRA was slightly down on the day but is still green on the year by $0.87. That will buy me a mountain dew for now... ;D FAS closed quite strongly today - it is starting to approach the 20% mark again. As much as I want to use Taj's suggestion to take a few different 20% gains rather than the big score, I have a hard time averaging into a position patiently enough, and kind of doubt I'll get an entry as good as $20 ever again. Monopoly World - tracked in blog majority of the "net worth" Big Cap had a strong day, +2.2% today thanks largely to CHK & TBT (I just how weak bonds were all day - take a look if you haven't seen it). Now even more commanding 10.5% lead over the market, +16% overall. 1 move today, sold my BKE for 4%, 2nd go around on that one. It is very tradeable. I am now 27% short, 30% cash, and 43% long fwiw Scalp trades Acct had very strong day, +8%.. +44% overall now (*scalp trading has a commanding strategy lead so far*) -Sold CHK from yest @ $23.92 for 1.5% -Sold FAS held from the past 2 days @ $23.08 for 2.1% ($22.80/22.40 entries) -Day traded FAS $22.37 to $22.92 for 2.4% -Day traded FAS $22.75/22.84 to $22.91 for .5% Unrealized breakeven on FAZ, bought small amount at EOD Options account - had to roll back quite a few trades in there, so still working on overall numbers. Trades today -Bought some SPY $118 oct puts, 2 entries midday and EOD avg $1.50 -Sold my AAPL $280 oct calls from yest EOD for total 14% on the trade -Sold my SPY $118 oct calls for .46 / 7% - entries the past 3-4 weeks @ .56, .44, .3 (*I don't like playing OTM calls like this, won't do so anymore; ITM calls much better*) -EOD bought AAPL $310 oct puts Real life was great ;D FFR was level .18%. My IRA is now up more than a % in 2010 - 2 days ago it went green for 1st time... quite a strong move recently from the red depths. FAS had a good day and has a move to $24-25 in the cards. That was where my strategy was to consider where the market was at and maybe sell half. I am undecided at this point. If it came tomorrow, I would have to wonder if perhaps it is time to lighten up.. Monopoly world was *not* so good Big Cap - spreadsheets.google.com/ccc?key=0Ah0555lud0TEdE5vaVh0bmFoWl9OcGtOVmRjUjFwYmc&authkey=COSk6LQE&hl=en#gid=0-1.7%, mainly my CHK long and SOL short that hurt quite a bit. No moves... 27% short, 30% cash, and 43% long (perhaps I got a little too defensive too quickly this week?) Scalp trades - not a great day... -3% on the day -day traded CHK $23.20, sold some $23.40, bought a little more $23.35, holding into tomorrow -avg'd down FAZ from yesterday $12.21/$11.93, then sold for loss midday $11.86 / -1.7% -bought FAS $23.85, put stop on it $23.56 as I had to miss the last hour of action. Stop hit so I am out of it for tomorrow right now. -1.2% on that one Options Account is where I took the biggest hit. -SPY $118 oct puts got hit hard, I averaged down once $.62 (held from $1.50 overnight) and then sold for 52% loss in the afternoon $.46 as I didn't think the market was going to go down. Was a pretty big position too. -opened some SPY $118 oct calls $.88 at that time though, which should do well tomorrow on another strong upmove. So we will see what happens there. Found out what the other side of the options trade (and the trapped part) feels like...  Real LifeFFR was level @ .18% (VERY interested to see what it does overnight ), my FAS took one on the chin. Still waiting for $24-25 when I will need to make a decision. Monopoly World, 2 days in a row of not such great moves Big Cap -1.2% on the day, couple moves (now very little cash): -shorted more SOL $14.97 (3 pulls now) -bought BAC $12.61 & WFC $24.52 -shorted some PCLN @ $349.10 *now 42% short, 5% cash, 53% long* Scalp Trades -4.8% today -sold my CHK for -.4% / -$2000 -bought FAS @ $23 & $22.56, holding unrealized -1.4% Options Trades - quite red here bought some more SPY $118 calls (yesterday had bought 2000 @ $.88), 2000 @ .32 & 2000 @ .25. Felt very dumb but now with GOOG news, looking much more promising. After yesterday's 52% realized loss on the $118 puts, I'd rather not get crushed on both sides of the $118s - avg currently $.48 Real Life - FFR was bullish to .19% from .18%; we are back from the "parachutes on watch" level to the "full steam ahead" level. It will be interesting to see if it holds the gain or even increases even after the red opex. My FAS took a hit today but still holding strong Monopoly World - kind of a mixed day here, but ended up gaining nicely and got a little more long on the banks Big Cap was up 2.1% today, very nice day there mainly thanks to TBT and my SOL short. This includes some very red days in my new buys yesterday in BAC/WFC -sold my HPQ $42.79 for 5% -sold 1/2 my TBT $34.30 for 7.7% -bought some more BAC $12.02 -bought some more WFC $23.79 now 2% cash, 38% short, and 60% long Scalp trades account did nothing - I am sitting with now a very bad 5.5% unrealized loss on FAS right now; this is way longer than I am supposed to be holding a loss in here. Account -9% on the day. Options account had a really good day - closed out the $118 spy calls that I avged down on at the close yesterday @ the open .56 for 25%, and then I tried to play for a late day test of 1180 that didn't happen and I purchased a small amount $118 calls that expired worthless. Made 20k/ 13% on the day in there. Turns out I am +6% overall since inception, which is not bad. It was looking alot worse yesterday. I'm excited for next week ;D Real Life - FFR was bullish for 2nd day in a row (strong sign) to .20%, and I think it is important to remember that it typically tops before the market. Bulls should have substantial warning signs. This is one of the reasons I'm having a hard time even trying to look for a top yet. FAS is slowly becoming a long term hold but it is still well green Monopoly world tracked in the blog - very slow day as I just watched my accounts grind higher ;D Big Cap had a strong day +3% thanks mainly due to BAC, WFC, and BIDU. Most importantly, I now have a 12% lead over the market since inception. Only 1 move, bought some more BAC $12.02 (avg $12.17) so now have a 4x long position. 62% long, 38% short Scalp Trades - no moves, account up 12%... I am very happy that I went counter-strategy and held on to my FAS I got trapped in rather than sell EOD Friday for monster 5.x% loss just because of a "rule"/ strategy. It is now only down .6% Options Account +2% on the day, only 1 move -day traded SPY $116 weekly calls $2.35 to $2.77 / 17.8% All in all, accounts +5.5% on the day Real Life - FFR was bearish today to .19% after moving bullishly the previous 2 days in a row. Typically, 2 days in a row of moves is significant. Should it be bearish again tomorrow, the strong bullish sign of Friday & Monday may be cancelled out. It is something to watch, but for now, it is at or above the .19% all clear level. Remember, .18% is the "Parachutes on Watch" level. Plus, a confirmation of the market's strong red push today would be worrisome for the bulls on an interim basis; remember, however, that the FFR often tops prior to the market, so bulls may still see some upward pricing pressure this week, which combined with a dropping FFR is the divergence we would look for in a topping process. Stay nimble! My FAS took a nice shovel to the head, but no thoughts of selling it. Monopoly world - had a relatively strong day as I largely took advantage of what I saw as a very strong buying opportunity to get out of what was a 38% short allocation in the big cap account. Big Cap - relatively busy day as a reallocation day. All in all, account was down .1% on the day only. I went from a 62% long 38% short allocation to a 86% long 6% short 8% cash allocation. -bought to cover my big SOL short position @ $12.93 & $12.21 for very large 11% gain (this was down upwards of 5-10% prior to my 2nd and 3rd entries) -bought to cover my big GOLD short position @ $97.77 & $95.72 for 4.2% -bought to cover a somewhat smaller LVS short position @ $36.59 for 1.8% (this was a double entry and I don't want to get my butt kicked anymore by it, I'll take slightly green) Opened (or added to) 4 long positions BKE (3rd go around) $29.51 AAPL (first buy) $308.90 CHK (added to) $22.42 FAS (first buy) $22 - **I do not buy 3x funds in this account typically - will sell tomorrow** Scalp Trades - no moves, -8%; the FAS move today makes me mad. I am a complete moron and had no idea it had gone green (let alone well green). I had been trapped in it and would've loved the chance to get out. As it is, I am still in it and now trapped again for a unrealized 3.8% loss. Options Account - not a bad day, not a good day (+.4%) -bought AAPL $320 weekly puts $15.30, $12.10, and $10.20; sold for $13.20 (too early) for 8% -bought SPY $116 weekly calls for $1.75, $1.47, and $1.22 (avg $1.48), still holding unrealized -1.3% -bought AAPL $290 weekly calls for $19.45, still holding - unrealized +2.6% All in all, accounts down 1.9% solely due to the scalp account Real LifeFFR was level at .19% - I insisted yesterday that (following the bearish move going into yesterday morning) if there was any substance behind the truly massive selloff we saw in the mid afternoon yesterday, the FFR would have shown it with further deterioration as the lending markets would've no doubt been spooked. It did not happen, which to me was a great sign. The market followed through on that. *Now* is the interesting point. As Rich pointed out, was this just a retrace upward before the wedge breaks down a little bit? Or, as many other indicators are telling me, is the backtest over and we now move on higher? My jury is out currently, but I am not yet a seller either way as you will see below in monopoly world. My FAS did ok today I thought. BAC inevitably lagged on it, and it was still pretty green. *I made a real life trade today!* Haha, but yeah I bought small amount (10 ) GS $165 weekly calls at $.14 this morning. Completely speculative, perhaps just boredom - it's been awhile since I've done much. I'd love to be able to play ITM options as I do in monopoly world (that's the way to go imo) - I don't have enough money to be able to do it yet commission-wise. Monopoly World tracked in the institute - fairly slow day but quite green... Big Cap - looks like it was a good move to go to an 85% long position yesterday. So far at least, all unrealized at this point... acct +2.5%, only 2 moves -bought more BAC $11.51 (it is now a 6x long position - count em ) avg $12.04 -sold 20% of what was a 3x long position in WFC @ $25.87 for 7.4% Scalp trades acct - I put an imaginary stop on that got hit at $22.56... those bastards! thanks to the FAS held from yesterday, account +8% on the day Sold my FAS $22.56 (-.8%), bought them back $22.72 and holding unrealized .5% loss Options account - very nice day here, account +26% and now all cash, only 2 moves -closed out my SPY $116 weekly calls (held overnight from yesterday) half for 37% $2.03 and other half for 51% $2.24 All in all, accounts up 6.5% - very good day ;D Real LifeFFR was level at .19% and remains in the "all clear" area for the bulls. My FAS was a little red, GS calls bought yesterday decaying nicely ;D Monopoly World tracked in blog saw a mixed day Big Cap took a big hit of -5.8% thanks to CRUS... that's ok as I had opened up a big lead over the market; still have a 11.2% lead since inception (+17.8% overall) -bought more CRUS $14.10 and $13.68, now a 3x long position avg 14.51 - sold my FAS @ $23.20 for 5.5% -bought more BAC @ $11.40, now a 7x long position avg $11.93 -sold remaining WFC (was still a 2.5x long position @ $26.08 for 8% - was a very good trade) Scalp Trades, fairly light day, +2% -Sold 75% of my FAS $23 & $23.30 for +1.7%, holding rest unrealized -.7% - bought CHK @ $22.12, holding unrealized -.8% Options Account - good day here, +12% on only one day trade -bought SPY $116 weekly calls for .79 on the spill to 1170 -sold them $1.02 & 1.26 for total of 46% All in all, accounts down 2.2% today Real Life - FFR was level at .19%, which makes it level for the week. We remain in 'all clear' territory for the bulls. My FAS had a boring day, my spec play in the GS $165 weekly calls expired worthless. Monopoly World tracked in the blog [/u] - fairly active day here in the main account Big Cap [/b] - I consolidated into my losers on the long side and put on some new short positions to get to 77% long, 21% short, 2% cash.. account was down pretty heavily today, -4.5%. Still have a 7.6% lead over the market for now -Sold my BIDU $107.40 for 7% -Sold the rest TBT I had left $33.42 for 4.9%, was 1.5x long position -Sold my GS $158 for 8.5% -Sold my RIMM $49.04 for 4.4%, was 2.5x long position -Sold my AAPL $308.42 for -.2%, 2nd loss I've taken  -Bought more CRUS $13.04 (4x long position now) avg $14.14 -Bought more CHK $21.51 (6x long position now challenging BAC for biggest) -Bought more PBR $31.81 (3x long position) -Shorted an initial position in GOLD $93.40 (I think I'm very early but just starting), 2nd go around -Shorted CMG $204.80 -Shorted CRM $108 Scalp trades, no trades - holding unrealized CHK -4.1% and FAS -.7%, acct -7.4% Options account only one small move, worked out fairly well -day traded SPY $118 weekly calls for 10%, mentioned in Timber's BIDU thread All in all, got hit pretty hard -5.4% [/quote] Real LifeFFR was level - still at .19% and in bullish "all clear" territory. I highly expect it to drop a little starting this week *if the market is going to top at FOMC* as I expect. FAS continues to lag. I continue to wait and hold. Monopoly World tracked in the blog - very uneventful day Big Cap - took another pretty big hit today -3.3% thanks mainly to CRUS and CHK no moves 78% long, 22% short still... Scalp trades, no moves -.8% on the day, holding unrealized CHK -4.3% and FAS -1.3% Options account +2.7% on the day only two trades -day traded SPY $117 weekly calls $2.18 to $2.50 for 14.6% -rebought same calls at $2.03 near EOD and holding overnight Had been meaning for awhile to go through some older emails to find some old blog material closer to my birth as a trader and what not... finally did some searching tonight and found a few gems including a few train wrecks ;D If you're interested, check it out. Real Life - FFR was bullish; I had expected it to drop today, but wasn't to be. Maybe tomorrow. With FOMC coming up next week, it is running out of time. FAS was still blah but I say meh. Monopoly World tracked in the blog - fairly slow day for 2nd day in a row. I'm waiting for the market to make its final up thrust for me to go more short biased. Big Cap - finally broke a few day losing streak, +1% on the day. 2 moves -Sold my BKE $29.95 for 1.5% -Shorted BIDU $113.15 Went to 72% long 26% short 2% cash Scalp Account finally broke the losing streak too, +1% as well. Unrealized CHK -3.9% and FAS -1.2%, No moves Options Account +7% on the day, all unrealized. 2 moves.. added to my $117 SPY weekly calls @ $1.59 and $1.82, avg $1.83, unrealized +9.3% All in all, accounts +3.5% on the day; it's about time. BAC and CHK were up lol Real Life FFR was level again at .19% - the Fed/market seems pretty comfortable where it is at despite the major run we have seen. That by itself is a good sign, but it still may take a dip this week. I keep expecting (and not seeing) it. My FAS was still blah, but still green so I can't complain. I have enjoyed seeing some of my IRA holdings doing very well recently. RIMM, CYOU, STEC in particular have all popped very strongly recently. Monopoly World tracked in the blog - busy day at work = not much action. That and I didn't see anything other than the accounts getting greener from the morning through EOD... ;D Big Cap - no moves, but saw very strong move especially compared to the market. +3.1% today, back up to a 9% lead over the market I am 71% long - if you notice, only 2 of my 9 holdings are green currently though Scalp Trade Acct - no moves, holding CHK -3.3% and FAS -1.2%, acct +1% on the day Options Acct - very good day just above +25%, but all unrealized Added to SPY $117 weekly calls from past 2 days $1.29, $1.38, $1.15 x2 - avg $1.43, unrealized 10% gain on them so far. All in All, accts +6% today On behalf of Brosin: Real Life FFR was level yet again at .19%. FOMC meeting is coming up fast, and the market is not showing the signs of the drop yet My FAS still wallowing. I'm headed out of town for the Halloween weekend in about 20 minutes, so I will catch you guys all on the flip side (unless I check in from my phone). Everyone have a fun and safe one! Monopoly World tracked in the blog - pretty light day other than some options plays. Did not reallocate, will need to do that over the weekend if I'm seeing toppish action. Big Cap was up 1% on the day, no moves remains 72% long Scalp Acct - no moves, -1.1% on the day, unrealized 3.6% in CHK & -2.3% in FAS Options Acct - fairly good day, slightly green; could've been much better, but closed out a monster $117 weekly SPY call position at avg of $1.54. Bought at $1.42, +8.5% on the trade -Sold 300 @ $1.85, bought those back $1.72 -bought more $1.62, $1.48 Then the floodgates opened for me.. Sold 200 contracts each @: $1.58, 1.55, 1.64, 1.59, 1.53, 1.61, 1.53, 1.47, 1.49, 1.48, 1.32
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Post by brosin on Nov 6, 2010 19:31:25 GMT -5
November 2010Real LifeFFR was level at .20% - it tends to drop a good week or 2 before the market, and it hasn't dropped... FAS is still not doing much... I noticed my IRA hit a new yearly high today! ;D It will be a good time to make a couple moves there I think (a few in mind but need to look some more) Monopoly World / entries tracked real time in the blog Big Cap - I reallocated a bit on the day, slightly red -.1% on mainly CMG & PCLN shorts (surprise!) -covered my BIDU short $107.85 for 4.6%, flat out really lucky trade. 1 entry, 1 exit both within 1% off top and bottom. I should quit with that one while I'm ahead -sold 75% of my PBR 4x long position (had to avg down 3 times on it) for 1.7% -added to my PCLN short @ $378, now a 2.5x long / unrealized -4% on it Now 62% long, 31% short, 7% cash Scalp trades - still no moves, still holding CHK (only -.3% now) and FAS (-1.2%). Been way too long Options Acct - no moves again in there, all cash. Didn't see any good opportunities as I'm fairly torn here as to where we're headed as seen in my Big Cap account (75% of my "net worth") [/u] FOMC meeting has come and gone, and (SURPRISE!) we got a new market high today. The next meeting is 12/14 so bears might have to wait a good 6 more weeks Don't shoot the messenger FFR was level at .20% - it has yet to show a sign of a top, and the market has obliged. My FAS did very well to my eye, and I'm pretty happy with it. Looked at BAC, V, MON, TGB, and MVIS in my IRA... did nothing yet. Monopoly World / Entries tracked in blog[/u] - fairly light day but it was still a good one Big Cap - +1.3% on the day Only 1 move, added to my CRUS EOD @ $12.87, now 5x long position / unrealized 6%. (Sorry Taj did not make this move in the new portfolio I opened up - didn't have a chance to get all my orders on there, I'll have to open up all 8 of my positions so that the tracking will be the same) Went slightly more long from 62% long to 67% long... Scalp Trades - *finally!!!!* I am free of 1 of the 2 "scalps" that I got stuck in. Acct +5.2% on the day and hit a new high (+46.8%) since my 9/7/10 inception -Sold my CHK $22.26 for .6%, still holding my FAS, unrealized 1.1% on it (I was way down on both of these and luckily just waited); not the strategy, but green is green. Options Acct hit a new high as well today (+84.5 overall), +20% on the day -Day traded SPY $119 calls, entries 1.21, 1.16, 1.17, .80, .70, exits 1.22, 1.28, 1.27, 1.23, 1.26 (+25% on the trade); ** still holding 100 contracts unrealized 25% gain, goofed up and only closed out 1000 of my 1100 positions even though I had meant to close them all. All in all, accounts +4.4% on the day. The 2 smaller accounts are at new highs, while the big cap account is about 4-5% off its high. [/quote] Real Life - busier day in real life than I've had in quite awhile. FFR was level at .20% and remains in the 'all clear zone' for the bulls; it has yet to show any signs of topping, and the market has gone with that. I *SOLD* half my FAS $24.90 for 25% - holding other half. Would like to grab that half back around $22/$22.50, but we'll see what happens.. I doubt to get it that low again. In my IRA, I opened 5 new positions as well by skimming some profits to free up some funds. Skimmed off my FCX, BP, and RIMM profits to get them down to 1x positions from approx 1.5x positions due to their profits. Sold ELON outright for breakeven, and took off the 2.5x extra on my CLF (held since early & mid 2009) - it had been my biggest position for I don't know how long... opened up BAC $11.75 TGB $4.72 MVIS $1.71 V $79.39 Mon $61.44 Monopoly World / real time entries tracked in Blog - very active reallocation day, and all 3 of my accounts hit new highs today Big Cap just under +4% on the day... new high of +22% overall. Reallocation day: Day traded: CHK $22 to $22.30 (+1.2%) Sold: PBR $36.08 +5.6% 33% my BAC $12.17 +2% Added to my shorts: GOLD $97.31 CMG $221.90 CRM $113.65 & new BIDU short $110 & $109.95 **Now 48% long, 48% short, 4% cash **Scalp Trades - +3.5% on the day, +50.4% overall Closed out FAS $23.63 for *4%* - biggest gain I've had in scalp trade acct, and it was one hell of a long hold Closed out CHK $22.26 +1.2% Bought CLF $70, holding overnight / unrealized breakeven Options account - +4.7% on the day, hit a new high as well (+93.1% overall) Only move, closed out my remaining SPY $119 weekly options for 127% @ $2.30 - I left a remaining 100% on the table All in all, accounts +4.1% overall on the day Real LifeFFR was bearish to .19% from .20% - I found this disturbing given that the market closed yesterday at a new 52 wk high. That is exactly the type of divergence that bulls should pay attention to. Let's see if it deteriorates further; remember, .18% is the "Get Your Parachutes on Watch" level. .16% is the "Deployment" level. In that sense, I may be early as I am now bearish in the interim. My (now only 1/2 position) FAS did very well. I wonder if - even should the market sell off - FAS won't hold up really well whatever happens. Monopoly World / real time entries tracked in blog - another very active reallocation day Big Cap - *very* strong day, +4.4% built on yesterday's new high thanks to big BAC, CRUS longs, LVS short position Sells: BAC - $12.47, $12.65, $12.48 / 4% overall on what was 7x long position at one point CRUS - $13.75, $13.58, $13.68, $13.82 / -.6% on what was a 6x long position that I was getting shallacked on originally. Buys: RIMM $55.50 (new position) Shorted: CMG $227.50, $229.55 (added - avg $204.80 / unrealized -5.9%) POT $142.15 (new position) AAPL $318.10 (new position) LVS $53.47, $54.65, $55.20 (new position - avg $54.44 / unrealized +4.5%) BKE $33.70 ***I am now 18% long, 80% short, 2% cash*** Scalp Trades - got back on the Scalp Train today (had been too busy to do it really the past 2-3 weeks)... +4.4% on the day -sold CLF $70.70 held from yesterday (+1%) -day traded FAZ $10.28 & $10.36 to $10.44 (+1.3%) -day traded FAZ $10.50 to $10.60 (+1%) -day traded FAZ $10.54, $10.53 to $10.45 (stopped out -.7%) -day traded FAZ $10.48, $10.44 to $10.55 (+1%) -day traded RIMM $55.28 to $55.56 (+.5%) -bought FAZ $10.43, $10.39 (holding overnight) Options Acct - only 1 move on the day, -2.3% overall -opened SPY $124 Nov puts for $2.40 & $2.32, unrealized -7% so far All in all, accts were up 5% on the day Real LifeFFR was bearish to .18% and is now in "Get Your Parachutes On Watch" territory. That is 2 straight bearish moves, both following the market closing at new 52 wk highs. I find this quite significant and am on the lookout for further deterioration; .16% is the Deployment level on risk assets I see it. My 1/2 FAS was down - I mentioned today in Sloop's thread that my goal on the half I had sold $24.90 is to grab it back at $22.50/23. Monopoly World / real time entries tracked in the blog - fairly level day even though the market was red (I am short). [url=
spreadsheets.google.com/ccc?key=0Ah0555lud0TEdE5vaVh0bmFoWl9OcGtOVmRjUjFwYmc&authkey=COSk6LQE&hl=en#gid=0] Big Cap [/url][/b] was down slightly on the day, -.7% Sold 75% of my remaining CHK @ 22.59, 22.68, 22.72 for approx 1.6% on a very big position, down from a 4x long position to a normal 1x long Added to LVS short $51.95, 53.38, avg now $53.73 on 6.5x short position New short SLW @ $34.77 Now 92% short, 8% long Scalp trades Acct - very good day here, +7.1% and new high (+62.4% overall) -Sold my FAZ held over the weekend @ $10.58 & 10.64 for 2.3% -day traded RIG (short) from $67.27 to $66.60 (1%) -day traded FAS $25.40 & $25.50 to $25.69 & $25.67 for .9% -bought FAZ $10.73, $10.70, $10.61, avg $10.66 unrealized -.4% / holding overnight Options Account - slightly down -1.6% on the day added to my SPY $124 Nov puts @ $2.32, 2.29, 2.19, 2.20, 2.07 Avg now $2.25 / unrealized -3.1% [/quote] Real LifeFFR was level at .18% and remains in "Get Your Parachutes on Watch" territory; it is still .02% off the "Deployment" level at .16%, but I believe we were shown the hand when it dropped 2 days in a row w/ market closing at 2 straight new 52 wks highs. I've often said it tops out about a week before the market, and it topped Wednesday night > Thursday morning - so we are right there. My 1/2 FAS was quite red although nothing like that DRN selloff - I remain waiting to reenter that 2nd half at $22.50/23 Monopoly World / real time entries tracked in the blog - had a very strong day here. Big Cap - it was a down day by the tune of -1.1%, but with PCLN doing what it was doing, it basically feels like an up day (I was down as much as 7 or 8% early on in here); not to mention, I am still very short if the market does fall back some more. The first part of the day was spent on damage control of the PCLN bloodbath Sold my remaining longs: CHK @ $23.43 for 5% RIMM @ $55.85 for 0.5% Bought to Cover BIDU @ $110 (breakeven) SLW @ $32.76 for 5.8% (I should've averaged up on it at the open!) Day traded FAZ $10.78 to $11.09 for 2.8% Shorted more PCLN @ $422, $423.30, & $422.75 / avg now $394.51 on a 9.5x short position I am 99% short, 1% cash Scalp Trades: another good day here +5.9% and another new high (+78% now) - here's a link to a screenshot of the chart tracking this account's buying power (kind of looks like a PCLN chart lol): img517.imageshack.us/img517/9173/scalptradesasof119.png-sold my FAZ from yesterday afternoon @ 10.89, $10.99, and $11.10 for 3.1% -day traded CHK short from $23.33 to $23.14 for .9% -day traded FAS from $24.75 to $24.86 for .4% -day traded SLW short from $34.23 to $33.75 for 1.3% -bought FAZ $11.17 (holding overnight) -bought SLW $32.34 (holding overnight) Options account - very good day here, account +40% and closed at another new high -added to my SPY $124 puts @ $1.83, $2.01, $2.24, 2.39, 2.36 -sold all @ $2.40, $2.43, $2.43, $2.58, $2.68, $2.69, $2.68, $2.67, $2.68 +17.1% on that trade overall All in all, accounts were +7.5% on the day Real LifeFFR was bearish to .17% from .18% - this was the 3rd time in 4 nights (the first two following market closes at fresh new 52 wk highs each day). This is also a 3 month low; other than that one occurrence on August 12, we would actually have to go back several months further to mid July. I have said that it tops about a week or two before the market - tomorrow will have been exactly 1 week. My 1/2 FAS was nicely green. In discussions with Snap and Sloop, I may try to grab my 2nd half back around $23.50 rather than my $22.50-$23 hopes. We will see how fast / if it comes. Monopoly World / real time entries tracked in the blog - interesting day here Big Cap - day started out very well with my heavy short positions, only to close down -2% on the day which is crazy seeing as I closed out a very big LVS short for a large gain today. Not good... -Closed out my entire 6.5x short position in LVS from avg $53.37 @ $49.97, $49.66, $49.38, $48.85, & $50 for total of +7.7% / $51K; that's double the previous biggest gain in this account I didn't initially plan to close it all, but it kept going lower and then the last one was just so that I could add a Starter position EOD in SLW $33.75 -Earlier in the day, added to short CRM $117.16 / avg $114 on 4.5x short position short CMG $228.70 / avg $204.80 on an 8x short position short GOLD $98.40 / avg $96.38 on 3x short position I am 100% short and it appears I would have a margin call overnight that I will need to make at the open (my buying power went negative on the late day move). Scalp trades - down 8.2% on the day as I held FAZ past my limits into the ground today; thought the market was going to turn and didn't feel like selling on the strong fins move EOD I did have one good trade -at the open, I sold my SLW bought at the close yesterday @ $33.29 for 3% -bought more FAZ $11.12 / avg $11.15 unrealized 3%, holding overnight Options Account - day ended with me slightly down -1.2% on my SPY $124 put position that I started today Date Opened Realized Gains/Losses Contracts Buy Price 11/10/2010 SPY Nov $124 puts 200 $2.35 11/10/2010 SPY Nov $124 puts 200 $2.28 11/10/2010 SPY Nov $124 puts 200 $2.34 11/10/2010 SPY Nov $124 puts 200 $2.60 11/10/2010 SPY Nov $124 puts 200 $2.64 11/10/2010 SPY Nov $124 puts 200 $2.62 All in all, accounts down 3.4% on the day Real LifeThere was no FFR as it was a holiday, so we remain at .17%. This is in the .17-.18% "Get Your Parachutes On Watch" levels, but is a long way away from the .19% All Clear signal for the bulls. It is only .01% above the "Deploy Parachutes on Risk" level, and should there have been a FFR today, the CSCO news most likely would've put us at that .16% level. I'm VERY interested to see the number tomorrow. My 1/2 FAS was red and I am starting to consider whether my $22.50/23 (or even $23.50 [mentioned yesterday]) would be being patient enough; I wonder. That is still the plan for now though. Monopoly World / real time entries tracked in the blog - very slow day today as I got what I anticipated (red day / start to the correction) but didn't see any gains to take. Big Cap - no moves here, down -.6% on the day, even with 100% short position I still have a negative buying power in there (did not meet my margin call today), so I will have to do something tomorrow or Monday at the latest. Still 100% short, 0% long, 0% cash (only been this way since Monday) Scalp Trades - no moves, still holding large FAZ position (unrealized -.5%), but was +8.5% on the day and hit a new closing high in that account (just barely) img219.imageshack.us/img219/8743/scalptradesasof1111.png Options Acct - saw the most action today, and had a very strong day of +26% (+163% since inception now) I closed out half my big SPY Nov $124 put position very early this am (@ $3.39, $3.42, $3.38, $3.37, $3.34, $3.31) for nice 40% gain on that half so far (still holding other half, unrealized +13% right now Mid-late day, I wanted to get back into a full put position, but rather than go at the Nov $124s again w/ expiration only a week away [would potentially cause margin issues], I went into the Dec $123 SPY puts, avg $3.73 unrealized -5.4% Date Opened Contracts Buy Price Sell Price Total Cost 11/11/2010 SPY Dec $123 puts 100 $3.47 $34700 11/11/2010 SPY Dec $123 puts 100 $3.47 $34700 11/11/2010 SPY Dec $123 puts 100 $3.59 $35900 11/11/2010 SPY Dec $123 puts 100 $3.68 $36800 11/11/2010 SPY Dec $123 puts 100 $3.77 $37700 11/11/2010 SPY Dec $123 puts 100 $3.73 $37300 11/11/2010 SPY Dec $123 puts 100 $3.78 $37800 11/11/2010 SPY Dec $123 puts 100 $3.96 $39600 11/11/2010 SPY Dec $123 puts 100 $3.95 $39500 All in all, accounts +4.1% overall Real WorldFFR was very bullish to .19% from .17%; this is a significant move, and if it can hold, the market should make a strong upward move in coming days. I am personally still cautious as I think the market is still pricing in the .20% to .17% move in 5 days from last week; remember that the FFR often moves ahead of the market by about a week. Monopoly World / real time entries tracked in the blog Big Cap was up +4.5% on the day to build on a new high to +32.6%; even early on today, with the market up 1%, it was still up a percent. Have the big runners run out of steam ? 1 move: Started new F short position @ $17.06 near EOD Still 100% short Real Life FFR was uberbullish for the 2nd day in a row to .21% from .19% - this is .04% explosion in 2 days; we are no longer even near "cautious" territory, and are now in bullish breakout land. .23% and higher has not been seen since 2008 when the target range went this low. Ignoring this type of move from a bear perspective would be disastrous in my opinion. Monopoly World / real time entries tracked in the blog - by far the busiest day I've had in here, which made for an exciting one for me; helped that all 3 accounts closed at new highs again despite it being a HUGE reallocation day for me Big Cap had great day of +7.4% on the day today to hit new high of +40%; I really didn't give any of it back as I dumped out almost ALL shorts in exchange for some shiny new long positions What a day - went from 100% short (and terrified when I saw the FFR when I first woke up) to 71% LONG, 4% SHORT, 25% CASH Real LifeFFR was level at .21% - the more days we hold up in this bullish breakout level, the more certain I am that the bullish explosion is on the way. For reference, .22% has only been touched one time since mid 2009 (4/16/10). .23% has not been touched since Feb of 2009. Monopoly World / real time entries tracked in the blog Big Cap down slightly, -.5% on the day. Added to longs: Either way, my allocation is currently 95% long, 8% short... -3% cash / margin call Real LifeFFR was bearish to .20% - this is a chink in the armor of the bulls who have gained considerable strength this week, although the market finally followed through on that bank lending surge. Monopoly World / real time entries tracked in the blog Big Cap - very strong day, +5.1% on the day (new high +45% since inception). My 95% long allocation helped ;D Now 78% long, 20% short, 2% cash Real LifeFFR was level - it was up strongly on the week; if you would've told me last week we'd close this week at .20%, I'd have been shocked. We will see what next week brings! Monopoly World / real time entries tracked in the blog Big Cap - no moves, very good day +3.7%, close at new high +48.8%, beating mkt by 40.3% ALLOCATIONS LONG 78% SHORT 20% CASH 2% Real LifeFFR was bullish to .21% from .20% - this is a good sign that despite the red move in the markets today, it appears that bailout weekend provided a nice little pop in bank lending My FAS red Monopoly World / real time entries tracked in my blog Big Cap - fairly slow day, moved a couple things around, -1.9% -Sold my CLF @ $69.02 for 6% -Sold 25% of my pretty big SOL position @ $9.74 for 5.7% -Bought more MS $24.72, now 4.5x long position avg $25.23 (-.7%) -Bought more BAC $11.26, now 6x long position avg $11.68 (-3.2%) Scalp trades - no trades, -2.3% on the day, still holding RIMM +3.4% and FAS -4.1% Options Acct - +.7% on the day, only one move -day traded $116 SPY dec calls from $4.08 to $4.68 for 15% - was initially trying to start a position, but it didn't get any cheaper to give me a chance to get back on so I took the gain. All in all, accounts -1.8% on the day Real LifeFFR was very bearish from .21% to .19% - this puts us from well in "all clear" territory to holding true by a thread right now. Further decline would suggest bulls want to get their parachutes ready again for risk assets. My FAS was pretty red. One of my 3 penny "plays" did something today - IMDS is back on the radar. I don't talk about these 3 for a reason (IMDS, MNDP are it, and I technically have a 3rd in SPNGQQQQQ) Monopoly World / real time entries tracked in the blog Big Cap - not a good day here, -5.7% on the day I reallocated a bit Sells: AAPL @ $308.55 / +2.1% 1/2 RIMM @ $58.17 / +3.2% 1/4 SOL @ $9.50 / 3.1% Shorts: CRM $140.80 CMG $242 Added to BKE $38.50 / 5x short position, avg $36.30 for unrealized -5.3% Went from 78% long, 22% short to ALLOCATIONS LONG 67% SHORT 33% CASH 0% Scalp Trades - no moves, -6.8% on the day -still holding FAS (bloooooooody -8.3%) and RIMM (+.8%) Options Acct - no moves, remain all cash. Won't give up the monster gains in here bots! All in all, accounts were -6.7% on the day. You make for an impossible act to follow Jack!! But I need to get my post done so here goes LOL Real Life Did want to mention that I started looking at FCG for entry points - I believe it may be the nat gas exposure many are looking for as it is an etf made up of the big nat gas names. Whereas UNG is tied to the actual nat gas prices and faces large contango risk when they have to roll large numbers of contracts over every month, FCG is tied to the companies. FFR was bullish to .20% from .19% - following a sharp bearish move of .21% to .19% early yesterday morning that confirmed negative news out of Korea and Europe AND a strongly red market day yesterday, I find this quite reassuring. *If* it holds up here for awhile, I think it is a strong sign. My FAS was green and 1/3 of my penny "plays" remains in play (so I have to keep mentioning those soon enough, I'll be able to go back to letting SPNGQQQQQQQQQQ and gang rest in peace) Monopoly World Big Cap - strong day here, +3.1%. Only a couple moves -sold 1/3 of my SOL @ $9.71 for 5.3%, still a 2x long position from $9.22 -with those funds, bought IRE @ $1.65 I am 68% long, 32% short, 0% cash Scalp Trades[/u] - no moves, this was probably the only decision I really made today was holding onto these positions (I am playing this money way out of strategy, now about a week long hold - should be only day trading...) - acct +7% on the day RIMM & FAS were both pretty green - unrealized -4.1% and +3.7% respectively Options Acct - no moves, still all cash. Don't have a good feel one way or the other. Realized yesterday that my options acct is worth more than half of my Big Cap's value with its strong performance. I might move money out of it because I would never want to have that much of my personal allocation in options. All in all, accounts were +3.8% on the day[/quote] And sorry to be the first, but I will get my boring wrap out of the way as I'm going to be out for the day Real Life FFR was level at .20% - I still think it is a pretty stable sign that we closed this week here; there were a few different tremors and the VIX is climbing, but lending has not really noticed and sits only .01% off its recent high, and .02% off its 7 month high. My FAS was red and the 'in play' penny was even Monopoly World Big Cap - pretty bloody day here, -5% Mainly took a bit of a bath on IRE. Will look to buy more Monday morning if it is still under my initial buy in. Scalp Trades - no moves, still holding FAS and RIMM, -3.9% on the day Options Acct - no moves, still all cash All in all, accounts -5.2% on the day Real LifeFFR was level at .20% - I feel that this was a good sign for the bulls that nothing unexpected happened over the long weekend. As I've mentioned, the longer we hold (and potentially move up) in the .20%s, the more I feel that this market is ready to explode to the upside. My FAS was green and did not appear to want to get all that red even when the market tried to. Monopoly world Big Cap - good day here, +2.9% thanks largely to IRE. Shoulda/woulda/coulda averaged down in the $1.50s (avg $1.65 on only 1x long position).. only 1 move -covered my F $15.92 / +2.8% allocation 68% long, 30% short, 2% cash scalp trades - no moves, still holding RIMM (unrealized +2.8%) and FAS (unrealized -5.7%), +1.5% on the day... to be honest, google has a glitch and I can't figure it out, thus my inaction here LOL. I sent them an email days ago. If GOOG is taking over the world, they better answer my goddamn support email Options account - good day here to come out of cash. Made a good amount today, +6.2% on current account size, but is a 39% gain on what the account started at. I am going to be lightening up this account and moving the funds into the much bigger and more conservative big cap account Made avg +30% / .83 on SPY weekly $116 calls from avg $2.77 - did not at all plan on this working out so well today. Probably should've held, but these were too far ITM and I wanted to roll into some a bit closer... a gap down tomorrow would be great ;D Date Opened Contracts Buy Price Sell Price Total Cost Proceeds Gain/Loss Gain Loss % 11/29/2010 SPY weekly $116 calls 100 $2.72 $3.70 $27200 $37000 $9,800.00 36.03% 11/29/2010 SPY weekly $116 calls 100 $2.73 $3.69 $27300 $36900 $9,600.00 35.16% 11/29/2010 SPY weekly $116 calls 100 $2.84 $3.63 $28400 $36300 $7,900.00 27.82% 11/29/2010 SPY weekly $116 calls 100 $2.95 $3.53 $29500 $35300 $5,800.00 19.66% 11/29/2010 SPY weekly $116 calls 100 $2.73 $3.56 $27300 $35600 $8,300.00 30.40% 11/29/2010 SPY weekly $116 calls 100 $2.75 $3.52 $27500 $35200 $7,700.00 28.00% 11/29/2010 SPY weekly $116 calls 100 $2.64 $3.57 $26400 $35700 $9,300.00 35.23% All in all accounts +7.2% on the day Real LifeFFR was level at .20% - it has shown complete indifference to the Korean and European continent troubles, which to me is the major thing to be concerned with. I guess I'll see if it has anything bearish to say tomorrow about the BAC "leak" My FAS was red Monopoly World Big Cap - took it on the chin by the tune of -5.5% today thanks to BAC, CHK, SOL, MS, IRE (that's a long list today ) - a few moves although my allocation remains mainly the same, more shifting than anything else Sells: all SIRI $1.39 / +2.2% all RIMM $62.56 / +11% (one of my top 5 biggest gains since inception) all FSLR $123.10 / +.7% Buys/Adds: IRE $1.70 to make it a 2.5x long position avg $1.68 (unrealized +2.7%) BAC $11.03 to make it a 8x long position avg $11.49 (unrealized -4.7%) SOL $8.23 to make it a 3x long position avg $8.80 (unrealized -6.4% I avoided pretty big losses here by taking gains on it last week luckily ) Allocation is 70% long, 31% short, -1% cash (small margin call overnight) scalp trades - i sort of fixed the glitch to the Google portfolio, but it was more of a workaround; either way, we have movement here!! 2 moves, account +1.5% on the day thanks to the very strong RIMM move: sold my RIMM $61.80 for +7.8% (my biggest gain in this account by a good amount) bought CHK $21.47, holding overnight (-1.6% unrealized) Still holding FAS for -7.8% unrealized loss right now (OUCH) - would be biggest loss but I will just wait Options account - I was hoping for a gap down so I could grab some closer to the money weekly SPY calls today (traded the $116s yesterday), and I sure got it! Acct was +1.5% on the day Went to the SPY $117 weekly calls - Bought @ $1.79, $1.80, $1.81, $1.85, $1.80, $1.76, then sold half of all that $2.26 & $2.30 for avg 26.7% on that half Then I bought back that same half (and an additional 200 contracts) @ $2.15, $2.10, $2.25, $2.23 Holding overnight, avg $2.02 / breakeven. I moved $500K out of this account at the close as it is up 563% since inception - I will have to do monthly totals, but it was QUITE a month in there (>300% I think) All in all, accounts -2.7% on the day
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Post by brosin on Dec 8, 2010 22:45:12 GMT -5
December 2010Have to say, I loved today. Right when it had the appearance of the bottom about to fall out. Real LifeFFR was level at .20% - as mentioned the past few sessions, the longer we hold in the .20%s, the more the market is getting set for a big up move. With equities starting to see that today, I'd like to see the FFR show even more bullishness within the next few days. My FAS was nicely green - the penny play that had been on play seems to be falling out of play; that, or it's consolidating for another big push higher. Volume is still up quite a bit on it, but we will see Monopoly World Big Cap [/url] had a good day, +2.2%, only 1 move... still waiting for $500K to "settle" from my options account (moved yesterday) -shorted more BKE @ $35.35 (terrible entry), avg now $36.11 / breakeven on 7x short position... BUT... learning experience today. BKE went ex-div today on a $2.50/sh 1 time dividend (announced 11/18)... so I'm out $40K / 7% as I have to pay it. I gotta watch the news more carefully on stocks I'm short that have dividends. I knew BKE had one but had no clue they had announced the 1 time dividend. NOW I know why the stock has been flying lately. Anyone looking for a short hedge, I think it is worth a look Allocation - 51% long, 24% short, 24% cash (only because of $500K added, still not technically settled so really I am 70% long until tomorrow's close when they are settled) scalp trades - no moves, +6.5% on the day as CHK and FAS had good days Options acct [/url] - really strong day here as expected as I got lucky and was holding good amount of SPY $117 weekly calls overnight... I sold them all today with the market near 1200, so left quite a bit on the table. but account +30.2% on the day. All cash +79.3% on this trade Date Opened Contracts Buy Price Sell Price Total Cost Proceeds Gain/Loss Gain Loss % 11/30/2010 SPY Weekly $117 calls 100 $2.23 $3.58 $22300 $35800 $13,500.00 60.54% 11/30/2010 SPY Weekly $117 calls 100 $2.25 $3.56 $22500 $35600 $13,100.00 58.22% 11/30/2010 SPY Weekly $117 calls 150 $2.10 $3.61 $31500 $54150 $22,650.00 71.90% 11/30/2010 SPY Weekly $117 calls 150 $2.15 $3.61 $32250 $54150 $21,900.00 67.91% 11/30/2010 SPY Weekly $117 calls 100 $1.76 $3.44 $17600 $34400 $16,800.00 95.45% 11/30/2010 SPY Weekly $117 calls 100 $1.80 $3.55 $18000 $35500 $17,500.00 97.22% 11/30/2010 SPY Weekly $117 calls 100 $1.85 $3.44 $18500 $34400 $15,900.00 85.95% All in all, accounts +11.2% on the day (includes the $40K 1 time dividend payment on BKE shares). May have been my best day since inception 9/7/10 [/quote] Real LifeFFR was level at .20% - it's inaction when the market was looking bad was a sign; further inaction with the market doing well would be another sign. I'd expect (and like) to see it show some bullishness. My FAS is getting very nicely green again Monopoly World Big Cap - decent day, +1.8%; it would have been a very good one had BKE not been up 6% (I'm short). Couple moves: Shorted: BKE $38.60, now 8.5x short position avg 36.51 / unrealized -4.9% LVS $51.18 (covered $48.15, didn't expect that to work that fast), +4.1% WYNN $103.10 / unrealized -.4% LVS again $49.45 / unrealized +.6% My funds from the options acct are now "settled" today, so my allocations is 52% long, 33% short, 15% cash Scalp trades - acct +3.8% on the day, a few moves -sold my FAS @ $23.98 for 3.3%; this had been down almost -10% a few sessions ago. So this was great -sold my CHK @ $21.70 for 1% -shorted LVS @ $48 & $48.75, holding unrealized -1.7% Options Acct - wish I would've still been holding some weekly calls going into today! -bought some SPY $122 puts near EOD, avg $.38 Date Opened Contracts Buy Price Sell Price Total Cost 12/2/2010 SPY Weekly $122 puts 250 $0.36 $9000 12/2/2010 SPY Weekly $122 puts 250 $0.36 $9000 12/2/2010 SPY Weekly $122 puts 250 $0.37 $9250 12/2/2010 SPY Weekly $122 puts 250 $0.41 $10250 12/2/2010 SPY Weekly $122 puts 250 $0.39 $9750 All in all, accounts +1.7% on the day Real LifeFFR was bearish to .19%; this is notable since the FFR stayed flat for 6 straight days at .20% even while the market was very strong the past few sessions. Further deterioration would not be a good sign for the bulls. As a reminder, .18% is the "get your parachutes on watch" level and .16% is the "deployment on risk" level. My FAS was green; did some thinking today as to where I may want to *think* about lightening up. I think $26.50/$27 is the area I am looking at for now, but jury is still out. Monopoly World / real time entries tracked in my blog Big Cap - superb day, +6.8% thanks to BAC, CHK, IRE, SOL, and my BKE short (may be my best day yet, would have to look). Fairly active day as well: Sells: 57% of my SOL @ $9.00 / +2%, still holding unrealized +2.8% gain on remaining 1.5x long position, avg $8.80 25% of my BAC @ $11.74 and $11.86 / +2.1% & 3.2%, still holding unrealized 3.2% gain on remaining 6x long position, avg $11.49 Shorts: Added short SLW $39.20, avg $36.88 unrealized -6.6% New short PCLN @ $406.23 Bought to Cover: all CMG $234.68 / +3% Buys: CYOU $29.60 CSCO $19.11 Allocation 48% long, 37% short, 17% cash (still in the process of putting money to work that was newly settled at the end of yesterday in this account)... Scalp Trades - no moves, still holding LVS short (unrealized -1.9%), account breakeven / -.2% on the day Options Acct - chalk today up to a learning experience in there (see separate thread in the FME), account -16% on the day as I continued adding to SPY $122 weekly puts expiring today and they all expired worthless. After the few months I've had in here, today was long overdue so that's ok. Date Opened Contracts Buy Price Sell Price Total Cost Proceeds Gain/Loss Gain Loss % 12/3/2010 SPY Weekly $122 puts 500 $0.04 $2000 0 -$2,000.00 -100.00% 12/3/2010 SPY Weekly $122 puts 500 $0.04 $2000 0 -$2,000.00 -100.00% 12/3/2010 SPY Weekly $122 puts 300 $0.14 $4200 0 -$4,200.00 -100.00% 12/3/2010 SPY Weekly $122 puts 300 $0.17 $5100 0 -$5,100.00 -100.00% 12/3/2010 SPY Weekly $122 puts 500 $0.14 $7000 0 -$7,000.00 -100.00% 12/3/2010 SPY Weekly $122 puts 350 $0.17 $5950 0 -$5,950.00 -100.00% 12/3/2010 SPY Weekly $122 puts 350 $0.18 $6300 0 -$6,300.00 -100.00% 12/3/2010 SPY Weekly $122 puts 350 $0.19 $6650 0 -$6,650.00 -100.00% 12/3/2010 SPY Weekly $122 puts 350 $0.16 $5600 0 -$5,600.00 -100.00% 12/2/2010 SPY Weekly $122 puts 250 $0.36 $9000 0 -$9,000.00 -100.00% 12/2/2010 SPY Weekly $122 puts 250 $0.36 $9000 0 -$9,000.00 -100.00% 12/2/2010 SPY Weekly $122 puts 250 $0.37 $9250 0 -$9,250.00 -100.00% 12/2/2010 SPY Weekly $122 puts 250 $0.41 $10250 0 -$10,250.00 -100.00% 12/2/2010 SPY Weekly $122 puts 250 $0.39 $9750 0 -$9,750.00 -100.00% All in all, accounts were down -1.8% on the day Real LifeFFR was bearish to .18% from .19% - this is 2 days in a row of a bearish reading, and definitely something to watch. Further deterioration is quick fashion would be an important sign imo. My FAS was slightly red - I am looking at the $26.50/$27 area to potentially sell half if I can get it. Monopoly World / real time entries tracked in blog Big Cap - saw an active day but was down -.9% at the end of the day, with the account doing well other than my SLW short. Moves... Buys: MOS @ $69.15 GGB @ $12.84 DRYS @ $6.25 RIMM @ $63.15 GS @ $162.30 FCG @ $19 Sells: All IRE @ $1.96 / +16.8% All SOL @ $9.21 / +4.8% 1/5 of BAC @ $11.70 / +1.8%, now 4x long position unrealized +1.3% 1/4 of CHK @ $22.49 / +2.2%, now 3x long position unrealized +2.4% Shorts: Added SLW $40.33 & $40.88 / unrealized -5.4% avg $38.74 on 8x short position S @ $4.12 IRE @ $2.14 Allocation now 53% long, 48% short, -1% cash small margin call overnight Scalp Trades - no moves, +.7% on the day, holding LVS short unrealized -1.4% Options Acct - fairly active way as I went from 100% cash to 50% cash at the close, acct -1.5% on the day opened CSCO weekly $19 calls, avg .60 unrealized -17% opened SPY weekly $122 puts, avg $1.51 unrealized +2% Date Opened Contracts Buy Price Sell Price Total Cost 12/6/2010 CSCO weekly $19 calls 250 $0.57 $14250 12/6/2010 CSCO weekly $19 calls 250 $0.60 $15000 12/6/2010 CSCO weekly $19 calls 250 $0.59 $14750 12/6/2010 CSCO weekly $19 calls 250 $0.63 $15750 12/6/2010 SPY weekly $124 puts 100 $1.35 $13500 12/6/2010 SPY weekly $124 puts 100 $1.36 $13600 12/6/2010 SPY weekly $124 puts 100 $1.40 $14000 12/6/2010 SPY weekly $124 puts 100 $1.43 $14300 12/6/2010 SPY weekly $124 puts 100 $1.45 $14500 12/6/2010 SPY weekly $124 puts 100 $1.50 $15000 12/6/2010 SPY weekly $124 puts 100 $1.55 $15500 12/6/2010 SPY weekly $124 puts 100 $1.54 $15400 12/6/2010 SPY weekly $124 puts 100 $1.63 $16300 12/6/2010 SPY weekly $124 puts 100 $1.67 $16700 12/6/2010 SPY weekly $124 puts 100 $1.69 $16900 12/6/2010 SPY weekly $124 puts 100 $1.53 $15300 All in all, accounts were down -1.5% on the day Real LifeFFR was level at .18% - although it stabilized after two straight bearish moves, it is still in "get your parachutes on watch" territory and should be closely monitored. Further deterioration would activate it as a negative trend that would typically be followed by a market drop. Bulls would like to see it bounce back into the .19% or above "all clear" territory before buying into any dips. For now, I think the play is to continue selling into strength. My FAS was slightly red Monopoly World / real time entries tracked in my blog Big Cap - moved my weighting towards the bear side, flat day, +.1% Sells: All MS @ $26 / +3.1% on 4x long position All BP @ $43.37 / +4.3% on standard 1x long 1/4 remaining BAC @ $11.66 / +1.6%, still holding 3x long avg $11.49 1/3 remaining CHK @ $22.75 / +3.4%, still holding 2x long avg $22.01 Buy: Add to DRYS @ $6.05 / avg $6.16 on a 2.5x long position Shorted: Add a double unit short IRE @ $2.72 / avg $2.53 unrealized -4.5% on a 4x short position Add to S @ $4.21 / avg $4.17 unrealized -1.1% on 2x short New AMZN @ $179.50 Add to SLW @ $40 / avg $38.88 unrealized -1% on a 9x short position Allocations now 38% long, 61% short, 1% cash scalp trades - good day, account was +4.2% and has taken a further leg up (starting to look like poorhomme's net worth chart) ;D img403.imageshack.us/img403/1484/scalptradesasof127.pngsold 57% of my LVS @ $57.77 for +.9%, holding the rest - other than that I am 63% cash Options Acct - whew, talk about a day. I went from being convinced I was going to get my butt handed to me on my SPY $124 weekly puts I had been accumulating yesterday and today and lose between $100-150K minimum (20% of my account) to somehow getting out unscaved; account +4% on the day Yesterday's buys were $1.53, $1.69, $1.67, $1.63, $1.54, $1.55, $1.50, $1.45, $1.43, $1.40, $1.36, $1.35 (You can see how this was going) Today's buys were $1.09, $1.03, $1.05, $1.00, $0.93, $1.02, $.90, $.81 Thought I was dead (having to sell all of those into the decay would've been BRUTAL volume-wise)... then the commodity key reversal came and I sold 80% of the big position in the last hour... vol was quite large. The amount they moved was NUTS - first real experience watching the pricing on weekly options during a reversal $1.27, $1.30, $1.28, $1.24, $1.35, $1.37, $1.32, $1.31, $1.34, $1.31, $1.27, $1.27, $1.38, $1.39, $1.43, $1.41, $1.44 locked in realized -$1600 / -.7%, but still holding 400 contracts for 55% unrealized gain / $20K All in all, accounts were +.7% on the day - I hadn't calc'd it in awhile, but combined, they are +138% since 9/7/10 For as much as I am getting hatorade poured on me for even SUGGESTING to be *cautious* here (despite never once saying to short anything; my best advice was to move towards cash on strength), I had a hell of a day Bear (no pun intended ;D) with me here, it was another busy day... Real LifeFFR was bearish to .17% from .18% - this was the 3rd decline in 4 sessions, and puts us into a new bearish *trend* which is typically followed by a market downdraft within 5 days at max of the first day's decline; that'd put the decline scheduled for Friday at the *latest* should this prove true. We need to see this bounce back if the market is expected to hold up; this spook in lending concerns me at face value. My FAS was nicely green - I remain looking towards the $26.50/$27 area to consider lightening up half; for now, I have not made a decision yet. Monopoly World / real time entries tracked in my blog Big Cap had my best day to date, account +9.3%; for an account this size, that is a big day - a LOT of that is thanks to Essayons for pointing out the Chinese IPOs!!! Before today, I couldn't break above the +50% mark (yesterday closed +48%)... at one point today, I hit just under the +60% mark and ended +57.3% Buys: -YOKU $27.50, sold all $36.90 / +34% (biggest gain by FAR), rebought smaller amount @ $32.80 for another starter position -DANG $27, sold all $30.50 / +13.4% , rebought smaller amount @ $29 as starter -LVS $45.97 -(Add) DRYS @ $5.99 / avg $6.09 on 3x long position -(Add) RIMM @ $60.90 / avg $62.03 on 2x long -(Add) MOS @ $67.72 / avg $68.44 on 2x long Shorts covered: -1/3 of my 8x short position in SLW @ $37.40 for +4%, holding 5.5x -short position avg $38.88 / +1.7% -all LVS @ $46.30 / +6.3% -all WYNN @ $101.86 for +1.2% Sells: -1/2 remaining CHK $22.77 / +3.4% -all remaining BAC $11.76, $11.95, and $11.95 (different times) / avg +3% - on the 8x position sold over the past few days, closed out for +2.7% Shorted: -(Add) IRE @ $2.82 / avg $2.65 unrealized -6.4% on now 8x short position; my long profits are gone now and slight loss on IRE overall now. Poor trading here -(Add) CRM @ $149.85 / avg 145.33 unrealized -3.6% on 3x short position My allocation is 43% long, 57% short ;D Scalp trades - down day -3.8% -closed out my remaining (had sold 57% of it yesterday $47.75) LVS short @ $46.15 for 5.8% (biggest gain in this account, usually I only hold for a couple %) -bought FAZ $10.80, $10.75, $10.72, unrealized 2.5% - I let it go through my stop at -1.5%, so that was hopefully worth it; holding overnight Options Acct - another crazy day watching/playing the SPY $124 weekly puts, account was +1% -I was holding 400 contracts overnight from .89; sold all early on for avg $1.65 / +85% for +31K; overall on that trade (75% of which I closed yesterday), I made +9.9% of $29K. It isn't notable except that at one point I thought I was going to need to take a 50% / $100K+ loss on it minimum I sold $1.62, $1.63, $1.67, $1.67 -I guess I am a sucker for punishment, because I bought back a position that is now 75% of the first one. It is currently down -$26K / -15.3% avg $1.11 $1.32, $1.33, $1.28, $1.14, $1.12, $1.16, $1.08, $1.10, $1.14, $0.94, $0.92, $0.99, $1.02 (Look at the price movement though - sold at $1.67, was buying back as low as $0.92? Just crazy). All in all, accounts were +3.5% on the day Real LifeFFR was level at .17% - it remains deep in the "get your parachute ready" levels and .01% off the "deployment on risk" level; in that sense, it was good that it did not drop further today. With the market holding up fine the past few days though, we would want to see the FFR confirm by moving back up. This divergence typically doesn't end well for the equity market. My FAS was nicely green; I have decided that I am not going to lighten up at $26.50/$27 - should it run towards $28-$29, that will be the next area for me to consider. Monopoly World / real time entries tracked in my blog Big Cap pulled back after hitting a new high at the close yesterday. Acct was -2.5% on the day. Decent amount of action as I went from 43% long at the open today to 33% long by the close Sells: All CSCO @ $19.65 / +2.8% All CHK @ $22.82 / +3.5% All LVS @ $47.20 / +2.7% All GS @ $166.75 / +2.7% All GGB @ $13.10 / +2% All YOKU @ $38.80 / +18% (on now only 2 trades, this IPO made me a amount) All V @ $78.36 / +3.1% All DANG @ $32.10 / +10.7% (same as YOKU to a little lesser degree) Buys: (add) CYOU @ $28.43 -- now 2x long position avg $28.98 / -3.4% LEDS @ $25.25 -- standard 1 unit long / unrealized +2% BONA @ $7.20 & $6.60 -- 2x / unrealized -4.4% Shorts: Added IRE $2.97 & $3.05 -- now a *12x* short position avg $2.74 / -10.9% as big as the position it, it is now approaching danger zone levels for me as my unrealized loss is >$100K; I had previously locked in over $40K on the long side, so it is not the end of the world. But I will continue to hold for now even though my finger is more on the trigger than it has ever been on a losing position... shows my confidence or lack thereof in being able to play the volatility of this company Allocation now 33% long, 67% short scalp trades - I held my FAZ purchased yesterday into the ground today; I pulled my stop yesterday at -1.5%. It is now -5.4%... account was -9.3% on the day BTFD on brosin? img560.imageshack.us/img560/5553/scalptradesasof120910.pngMy performance in this account has lacked lately as far as keeping to the strategy... so in a way, I deserved today in here; got complacent and have been holding positions for big swings. I am still holding FAZ overnight Options Acct - taking a bath in here on my SPY $124 weekly puts... account was -17.1% on the day Holding unrealized -53.4% / -$96K loss on those puts w avg of $1.03 ... deja vu of last week where I get lucky again on Friday? Or do I actually take the bath this time... All in all, accounts were -6.6% on the day... may have been my worst day since inception... BUT tomorrow is another day ;D Oh wait I did have one good options trade - closed out my CSCO $19 weekly calls from Tuesday for avg $.68 / +13.7%! SCORE! Real LifeFFR was bearish to .16% from .17% - it has shown bearishness 4 out of the past 6 days, and is firmly entrenched in a bearish *trend* which has typically meant the market will fall within 5 days of its start; today would have been that day, but it did not happen. However, with the market closing at another new high, should the FFR not confirm that action, it would not bode well next week for the bulls. My FAS was nicely green, but it is no longer "my FAS" as I sold it today at $26.15 & $26.70. It was a 40% gain, and I will look to buy back in should it get to the lower $20s again. Monopoly World / real time entries tracked in my blog Big Cap - talk about a whipsaw day. At one point early today, I was +9.5% on the day (would've been by far my biggest day), but it closed the day +4%; still a good day and sitting at a new closing high Buys: MOBI $6.75 / unrealized -11% YOKU $43.80, $41.25, $39.10 FAZ $10.11 DRV $20.32 Sells: 2/3 of my 5x long position in DRYS $6.31 & $6.34 for +3.9% Buy to cover: 1/2 my 11x short position in IRE @ $2.76, $2.75, $2.71, and $2.63 for +1%... holding remaining 5.5x short position avg $2.74 / -2.5%... this unlost $146K on the day for me today, so I am very happy to have been able to significantly lighten up Shorted: LVS $45.95 SOHU $78.60 BAC $12.51 My allocation is 34% long, 65% short, 1% cash - so I technically went slightly more long from my 33% long allocation at the close yesterday Scalp trades account -4.8% on the day, still holding FAZ - reaching true IDIOT status -8.2% unrealized... would've been wise to not pull the stop at $10.54!! Options Acct - last week, I got lucky on Friday; today, I did not. In fact, my entire position expired worthless and I lost $206K on it / 34% of my account. Luckily I had already moved $500K in profits out of there... started with $150K, and even after today I am still at $357K account value, so that's ok. But yeah, not a good day in there; win or lose, I was going to be done playing the weekly options. I think that is the correct move ;D ... account -14.7% on the day All in all, accounts were -1.7% on the day Real LifeFFR was level at .16% and remains in 'deployment on risk' levels. FOMC meeting is tomorrow... Monopoly World / real time entries tracked in my blog Big Cap - took a bit of hit, -4.7% thanks to YOKU... a few moves Sells: BONA @ $7.02 / +1.7% DRYS @ $6.26 / +2.7% FCG @ $19.20 / +1.1% Shorted: (add) IRE @ $2.90, avg $2.77 unrealized -1.7% on 7x short position (add) BKE @ $39.20, avg $36.81 unrealized -6.6% on 10x short position (add) S @ $4.43, avg $4.25 unrealized -2.7% on 3x short position Buy: (to cover) SOHU @ $75 / +4.6% MOBI $5.65, avg $6.20 unrealized -13.6% on 2x long position Allocation now 25% long, 75% short Scalp Trades - no moves, account breakeven on the day, still holding FAZ Options Account - no moves, all cash All in all, accounts were -3.3% on the day Real LifeFFR was bullish to .17% from .16% - this got us out of the 'deployment on risk' level, but we would want to see further bullishness to confirm the strong equity market moves lately before feeling safer about moving back towards risk. FOMC meeting was today which typically also marks a top... Monopoly World / real time entries tracked in blog Big Cap - had a good day, +3.1% thanks mainly to my CRM and IRE shorts; a few moves... Sells: (66%) RIMM @ $61.25 & $61.33 / -1.1% Buys: (add) DRV @ $19.73, now a 2x "long" avg $20.03 / unrealized +3.9% (to cover 20%) IRE @ $2.75 / breakeven +.3% (still holding 4x short position avg $2.77 / unrealized +4%) OREX $9.28 Shorts: (Add) BKE $39.30, now a 11x short avg $37.06 / unrealized -6.1% NFLX $178.80 Allocation now 23% long, 76% short, 1% cash Scalp Trades no moves, acct +3.8%, STILL holding FAZ unrealized -5.9% Options Acct - good day, acct +3.6% Started position in the SPY Jan $126 puts, unrealized +8.1% so far / avg $3.33 Date Opened Contracts Buy Price Sell Price Total Cost 12/14/2010 SPY Jan $126 puts 100 $3.26 32600 12/14/2010 SPY Jan $126 puts 100 $3.29 32900 12/14/2010 SPY Jan $126 puts 100 $3.35 33500 12/14/2010 SPY Jan $126 puts 100 $3.42 34200 All in all, accts +3.1% on the day Real LifeFFR was uberbullish to .19% from .17% - in 2 days, that's +.03% and we have quickly recovered from the "deployment on risk" levels which were seen for one day on Monday. Hell, we're now not even in "get your parachutes ready" levels as we were yesterday. I am interested to see which way we end up settling down; it is a good sign for the bulls that we only saw a couple days of weakness that didn't hold. However, since there is a lag effect and we were in a bearish trend that has not shown itself in the equity markets, I still think caution is in order for the near term. I am certainly on board with the logic saying that we are in a longer term bull market; however, I feel all the points being hammered home now were all true a few months ago and that the easy money from the "christmas rally" may have already been made. It will never be easy for bulls either; how many were bullish late this summer? I remain all cash waiting for FAS to come back to some buyable levels Monopoly world / real time entries tracked in the blog - good day overall Big cap - strong day, +4.5% and was fairly active IRE was probably most interesting - bought to cover half of my remaining 5x short @ $2.52 & $2.53 early on for 8.8% early on, but would short that amount and another 2x @ $2.78 & $2.81 to give me another 8x short position avg $2.79 / unrealized +1% Sells: (all) MOS $66.70 / -2.5% (all) RIMM $59.30 / -4.3% Buys: (add) OREX $9.03 & $8.84, avg $9.05 / unrealized -2.8% on 4x long position (add) FAZ $10.10, avg $10.11 / unrealized +2.7% on 3x "long" position (to cover all) LVS $42.98 / +6.6% on 1x long (to cover all) CRM $136.50 / +6.1% on 3x long (to cover 1/3) SLW $37.80 / +2.8%, still have remaining 4x short avg $38.90 /+2.5% LVS $42.28 Shorts (add) BKE $39.45, avg $37.28 / unrealized -4.4% on 12x short position PAL $6.41 AAPL $320.50 I am now 23% long, 77% short scalp trades - good day, +4.1%, still holding FAZ from $10.73 hoping to get out green Options Acct - no moves, good day acct +7% added to SPY Jan $126 puts @ $3.41, $3.72, $3.65... holding good amount avg $3.45 / unrealized +8.7% All in all, accounts were +4.3% Real Life FFR was bullish for the 3rd day in a row to .20% from .19% - it is now firmly into the .19% or above "all clear" territory for the bulls; I may have to seriously reconsider my bearishness if this keeps heading up the way it is doing. Now it is confirming the equity market movement, and the bearish drop never even showed itself in equities in the timeframe that is typically expected. I will wait to see where it settles down and whether it will now move back down just as swiftly as it moved down and back up; it has been more volatile these past couple weeks than any other part of 2010. Monopoly World/ real time entires in my blog Big Cap - saw a breakeven day of +.1%, I'll take it since I was largely short biased and reallocated quite a bit today Yet again it was an interesting day in IRE, but I am free and have covered ALL remaining short shares @ $2.72, $2.69, $2.70, and $2.69 for total of +3.3% / +$54K on what was at one time a 11x short position that I was in danger of capitulating on Other moves... Buys: (to cover 1/3 remaining) SLW $36.95 / +5.2% (to cover all) S $4.16 & $4.19 / +1.6% on 3x short position (add) YOKU $31.65, avg $36.52 / unrealized -17.3% on 5x long position (add) OREX $8.75, avg $8.94 / unrealized -1% on 6x long position (add) CYOU $27.10, avg $28.04 / unrealized -.2% on 2x long position SIRI $1.36 (to cover all) PAL $6.28 / +2.2% V $69.20, $67.90, 66.90, avg $68 on 3x long position BIDU $98.17 Sells: (all) LVS $43.90 / +3.9% (1/2) DRV @ $21.55 / +7.6%, BUT rebought $21.20 (1/3) FAZ @ $10.44 / +3.3% Shorts: LVS $44.10, $44.60, $44.89, avg $44.53 on 3x short position (add) NFLX $181.50, avg $180.16 / unrealized -.8% on 2x short position IYT $91.92 I am now 40% long, 60% short scalp trades - no moves, account +.6% on the day, STILL holding FAZ although "down" to a 3.1% unrealized loss options account - down day -5.6%, few moves closed out 1/2 of the SPY $126 Jan puts I was holding overnight @ $3.87, $3.92, & $3.75 for avg gain +17%, but then I added those back (and some more) @ $3.63, $3.54, $3.49, $3.46, $3.44, $3.35, $3.30, now holding big position avg $3.50 All in all, accounts were -.5% on the day Real LifeFFR was level at .20% - having started the week at .16% in "deployment on risk" levels, to end the week now *well* into "all clear" territory for the bulls is a very strong sign by itself. After showing completely contrary to the equity action for the two weeks before this one, it seems to have reversed and is now confirming it. I am torn now, however, because in general I feel bearish - although when I say bearish, I should really describe it as an absence of bullishness more than anything else since I do of course believe the multi-year trend is up. Still waiting and watching FAS for re-entry, but I think I should just sit back for a bit; it's very possible the FAS sell was my last move of the year. Monopoly World / real time entries in my blog - only 1 move all day in any of the accounts as I was busy and opex Friday was uneventful Big Cap - good day, +2% thanks almost fully due to my way too big BKE short position, no moves... account did hit a new closing high since 9/7 inception I am 39% long, 58% short, 3% cash scalp trades - slight down day -1.6%, no moves... still holding FAZ BTFD on me? More looks like the bottom is about to fall out (tracks potential buying power [incl margin], not account value) img146.imageshack.us/img146/4504/scalptradesasof121710.pngeven if FAZ goes green, this account will hit new highs, but I am failing in this portion of the experiment as I haven't stuck to the strategy at all for the past 1.5 months... I just want out but think I will get green eventually (unrealized -4.2% still) Options Acct - down day -4.7%, only move of the day bought very speculative SPY Jan $120 put position - I was attracted to the volume there... other than that still holding big SPY Jan $126 put position avg $3.50 unrealized -10.3% All in all, accounts were +.5% on the day Real LifeFFR was level at .20% for the 3rd straight day - the .20%s have always been tough to hold, so the longer it holds up here, the less it can be ignored as a leading indicator. For now with few other signs, I remain less than bullish and even fairly bearish in the near term, but we will see. Monopoly World / real time entries in the blog - busy day and slow market equaled no moves... I was also internet-less earlier in the morning Big Cap - down 2.1% on the day Allocation remains 40% long, 59% short, 1% cash scalp trades - down 1.5% on the day, still holding FAZ Options Acct - down 9.5% on the day, still holding SPY $126 Jan put options avg $3.50 All in all, accounts down 3% on the day Real LifeFFR was bullish to .21% from .20% - the bullish trend continues to build on itself. Not only is it well into the "all clear" levels for the bulls, but it is only .01% away from a new 8 month high as .22% was last seen only one time on 4/16/10 and before that one would have to go back to July 2009. .23% would be a 20 month high (previously seen 2/19/09). Monopoly World / real time entries in my blog - 2nd straight day of no moves, which is a personal record since 9/7/10 inception ;D Big Cap - no moves, account breakeven / -.1% on the day I remain 40% long, 60% shortscalp trades - no moves, account down -6.8% on the day Options acct - no moves, account down -12.4% All in all, accounts were down -2.9% Real LifeFFR was bearish from .21% to .20% - after a strong bullish move, it paused a bit and backed up. It is still in 'all clear' levels, but with the market making new highs, seeing it gain towards the .22% (would be 8 month high) or .23% (w/b 20 month high) would be a good confirmation that the market is ready for its next strong leg up. In a real life trade alert, not only is FAS starting to run away from my $26.80 sell a couple weeks ago, but I dipped my toe in FAS @ $9.55. I guess I didn't want that FAS sell to be my last trade of the year... My IRA has also been climbing to new YTD highs and even overtook the SPX in 2010 thanks to a lot of strong moves in my stocks these past 2 weeks. This is the best news I could have Monopoly World / real time entries tracked in my blog Big Cap - it had a slight up day of +.8%, and this account is nearing a new high since inception... only 2 moves: Sold SIRI @ $1.51 for +11% Bought DRV @ $18.75 I am now 37% long, 62% shortscalp trades - no moves, account down -5.2% on the day still holding FAZ [now about a week] and really into the ground at this point. Going to sell it within a week or so, green or red on it. Decay working against me this many days in options account - no moves, acct down 6% still holding SPY Jan $126 puts and very small amount of SPY Jan $120s, both good sized unrealized losses All in all, accounts down -1% on the day Real Life FFR was bearish to .19% from .20% My FAZ (from Wednesday / $9.55) is green Monopoly World - Thurs was a slow day Big Cap [/url] - it was a slight up day about 1% if I remember correctly; either way, the account hit a new closing high going into the weekend... only 2 moves Sold BIDU @ $100.10 for +2% Bought TZA @ $15.38 I am 34% long, 65% short scalp trades - no moves, acct +1.9%... still holding FAZ must close this week win or lose - decay starting to take hold Options Acct [/url] no moves, acct +3%, still holding big SPY Jan $126 put position and tiny amount of SPY Jan $120s All in all, accounts were +1.4%[/quote] Real LifeFFR was level at .19% over the weekend (even with the Xmas Eve holiday Friday, the FFR was still put out, level at .19%) - as mentioned in the daily thread, I think this was a positive sign for the bulls given the context. Biggest news is that my IRA continues to make new highs on the year, and I'm even beating the market YTD by a couple percent - this is a FAR cry from late August when I know I was at least -20% YTD... With trading dough, I added to my FAZ from $9.55 on Wednesday at $9.41 (I knew it was going lower because I filled on the bid at the LOD at the time). It is certainly possible I'm making a poor play overall here, as I had sold my big FAS position @ $26.80 and went to cash. This FAZ position is not quite 20% of the size of that old FAS position, not to worry. I am more likely to stop out around $9.25ish than average down another time on it to be honest While I had/have no qualms holding FAS longer term, FAZ is a whole different ball game mathematically... Monopoly World Big Cap - strong day, acct +3.2%, built on another account closing high; main reason I find this significant is that I've been bear biased throughout Sells: -(all) V @ $70.28 / +3.4% on a 3x long position from the falling knife day last week -(all) LEDS @ $29.75 / +18.1% but had only been a 1x long position -(1/3) YOKU @ $37.20 / +1.9%... I'd usually hold longer but it had grown to a 8x long position that was down over 20% / >-$100K at one time. Green is a godsend. I'll probably lighten up a little more on strength and let a smaller amount ride on this IPO Buys: -(add) DRV @ $18.66, avg $19.48 / unrealized -5.2% on a 7x position - far bigger than I had wanted going in... -(to cover all) SLW @ $36.12 / +7.6%... these were my final shares from what became a 8x short position (+4.8% on total trade) -DANG $29.60 Short: -(Add) BAC @ $13.26 / avg $12.89 unrealized -3% on 2.5x short position -CLF @ $78.14 I am 24% long, 70% short, 6% cash
Scalp Trades - no moves, holding FAZ truly into the ground now, unrealized -12.7% from $10.73 ... acct -3.6% on the day. FAZ position is hands down the worst move of any of the 3 accounts since inception was to not stop out for 2% loss, but mainly because of what the strategy in this account was supposed to be options account - no moves, account -1.1%, still holding SPY Jan $126 puts for unrealized -43% currently All in all, accounts were +1.4%
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Post by brosin on Jan 26, 2011 15:40:27 GMT -5
January 2011Hadn't gotten a chance to post in the last couple sessions, and I was inactive for the most part. Real LifeNo (meaningful) FFR today due to QEnd My FAZ position took a nice little whack over the head as it gapped well below my mental stop; I took no action on it. Luckily it is only a small position relative to what my FAS would have been... since I am obviously kicking myself for having sold FAS under $27. The best news for me to close out the year was my IRA closing at a YTD high on the final day, +16.45% in 2010, beating the market by about 7% when all was said and done. That last 3 months of the year was mighty nice of the Bernank and Co; my account was doing terribly up to that point. A few disappointments in APWR, CYOU, and V, but the other 14 did well Monopoly World / real time entries tracked in blog - first 2 accounts started 9/7/10, third (options) acct started 9/17/10; all did better than I had ever hoped and I learned some valuable lessons Big Cap - YTD made 68.61% beating mkt by 54.03% (currently with a margin call overnight   scalp trades account made 52.8% YTD but is well off its highs with my current FAZ holding in there  that has gone way away from the initial strategy that did so well off the bat (FAZ currently -17% unrealized -- trapped position) options account was a wild ride. Technically it made 367% in 2010 since I moved $500K out of it on 11/30 into my Big Cap account near my peak account value (started w/ $150K)... when I moved the $500K out, I had $600K left... I now have $118K left incl my current unrealized SPY $126 put position (-64%) - so basically... I have gotten my butt handed to me after way too fast a start, but I kind of saw it coming so for the most part steered clear; plus I got my toes in the options game, so it has been a large success. Takeaways for the year were how much money can be made or lost in options, how well a scalp trading strategy can work (when actually done  ), and how well avg'g down and 'taking what the market gives you' works, especially because it takes a lot out of the decision making process that way Real LifeFFR was level at .19%, leaving it on the cusp of "all clear" territory for the bulls. However, with the market strength being on full display the last week or two, it would be a strong sign to me should it *not* push into the .20%s. If you would've told me 3 weeks ago that we would be at 1270 SPX, I would've thought the FFR would be around .23% (would be a 21 month high). Divergences, divergences. My FAZ was slightly green but I'm still about 4% underwater on it; as mentioned, it is about 20% of the size of my previous FAS position I had held in this account from Aug to Dec. I will not hold this FAZ position very long, however, and it's going on a week now. Monopoly World / real time entries tracked in blog Big Cap - very strong day; after losing -4.5% yesterday on a very poor day [not surprising given my 75% short allocation], I made it all back and some, finishing the day +6.3% even with the market only slightly red. The squid is having bulls for lunch by my eye. Just slightly off a new high by a couple %... only a few moves Buy: (to cover 10%) BKE @ $37.28 / exactly breakeven, avg still $37.28 / unrealized +1.5% on a still *11x* short position  ... was upwards of 10% loss at one point, so very thrilled it is finally pulling back Sells: (60%) OREX @ $9.16 & $9.22 / +2.7% on that portion of the 6.5x long position; still holding avg $8.94 / unrealized +3.6% on 2.5x long position (50%) CYOU @ $29.35 / +4.8% on that portion of the 2x long position, still holding avg $28.05 / unrealized +4% on standard 1x long Shorts: (add) LVS @ $47.15 / avg $45.37 unrealized -5.2% on 5x short position (add) BAC @ $14.24 / avg $13.34 unrealized -6.8% on a 4x short position (add) CLF @ $84.40 / avg $80.83 unrealized -5.5% on 3x short position I am now 19% long, 81% short scalp trades - decent day, +3.1%, still getting crushed by FAZ Options Acct [/url] - slight red day of -3.3% as the SPY $126 Jan puts were slightly down All in all, accts were +4.8% on the day[/quote] Real LifeFFR was bearish to .18% from .19% and is now in "Get Your Parachutes on Watch" territory. This would be notable *by itself* - the divergence between the market closing here today at 1275+ and the FFR not showing anything bullishly is quite the strong sign. My FAZ got redder and I added to it slightly @ $8.83  My IRA is up 6% YTD already in 2011... uh yeah that's *INSANE* and does nothing but worry me. Monopoly World / tracked in blog Big Cap - slight down day of -1.2%, a few moves as I continue selling into this Buys: (to cover 20%) BKE $36.53 & $36.10 / +2.6%... still holding 9x short position avg $37.28 unrealized +1.6% (add) FAZ $8.83 Sells: (all remaining) OREX $9.40 & $9.33 / +4.7% on that batch, +3.5% on the overall trade (all remaining) CYOU $29.10 / +3.8% on that batch, +2.8% on overall trade (50%) YOKU $37.80 & $38.35 / +4.8%, still holding 2x long avg $36.53 / +3.8% Shorts: (add) BAC $14.45 / now 5.5x short position avg $13.62 unrealized -6.5% (add) PCLN $427.50 / now 4x short position avg $416.82 unrealized -4% CRM $142 I am now 9% long, 90% short, 1% cash  Scalp Trades - no moves, -4.4% - the FAZ unrealized loss is currently staggering -19.1% (biggest unrealized loss by a multiple of about 3 or 4 ) Scary chart tracking my buying power... img205.imageshack.us/img205/4416/scalptradesasof1511.png Options Acct - no moves, -21.3% on the day as the SPY $126 Jan puts continue to deteriorate All in all, accts down -2.7% on the day Real LifeFFR was level at .18% - the more we stay under .20%, the worse the signs are for the bulls. It should be well above this level with the market sitting up here at SPX 1270. Lending is not looking good My FAZ was slightly green although still sits underwater by 5% (avg $9.25) Monopoly World Big Cap - good day +2.3%, account closed at a new high since inception; this is the squid at its finest because I've been short biased for this last 5% the market moved up Sells: (all remaining) YOKU @ $39.10 & $39.15 / +7% on this batch, +4.2% on the overall trade... this is a huge move from the unrealized > -20% / > -$100K I had on it at one point, and I'll take it Buys: (add) DANG $27.30 / now 3x long position avg $28.45 unrealized -2% Short: (add) AAPL $334.65 / now 3x short avg $327.59 unrealized -1.9% (add) LVS $47.55 / now 6x short avg $45.70 unrealized -4.2% I am now 92% short, 8% long scalp trades - ok day +1.6%, FAZ still way underwater... Options Acct - decent day, +5% but still way underwater on the SPY $126 Jan puts All in all, accounts were +2.2% [/u] FFR was bearish to .17% from .18% - it is now even deeper in "get your parachutes on watch" territory and only one move away from "deployment on risk" at .16%. The divergence between it and the equity market grows wider. My FAZ position was green, even got slightly green overall ($9.25) at one point before closing back down a couple % unrealized. Monopoly World / real time tracked in my blog[/u] Big Cap - very big swing today; opened around +72% overall since inception, quickly reached a new high @ +77% on its way to an intraday high +84.5%, and then finished the day at +74% and down -1.2% on the day...  this is a big account, so the big % swings are a lot of money only one move, added to my LVS short @ $49.17 - now 7x short position avg $46.16 unrealized -8.1% I am now 8% long, 96% short - I have a margin call after that late day push towards even scalp trades acct no moves, +3.2%, still way underwater on FAZ from $10.73 unrealized -16.4% Options Acct [/url] - breakeven day, SPY $126 Jan puts did well early on and ended up giving it all back All in all, accts were down -.3% on the day  Fwiw, I am as bearish as I have been since mid April 2010 [/quote] Real LifeFFR was level at .17% and remains squarely in "get your parachutes on watch" territory. IMO, it is giving as clear a sign as we have seen in the last 6 months at minimum that the equity market movement is not to be believed. My FAZ got a little less red, but still remains in the red nonetheless (my avg is $9.25) STEC and MVIS had strong moves to lift my IRA towards the 7% mark YTD in 2011. It still worries the crap out of me to see it moving up this fast.  Monopoly World / real time entries tracked in blog Big Cap - no moves, -1.6% on the day; only decision was not selling my DANG which went nicely green... it is one of only 2 long positions though, so I let it ride I remain 8% long and 92% short w/ a margin call - I'll have to meet it tomorrow if the market has not pulled back scalp trades - no moves, still holding FAZ for big unrealized loss,  acct breakeven / +.9% on the day Options Acct [/url] - no moves, acct -5.6% on the day, SPY $126 Jan puts continue to decay on me and it's starting to look like it will be until just after opex that the market will pull back? All in all, accounts were down -1.2% on the day[/quote] [/u] FFR was level at .17% and remains in 'get your parachutes ready' territory; it is barely off the .16% 'deployment on risk' level, and is painting as clear a picture as possible of what it on the way. The lending market is not acting healthy at all despite the stock markets' current levels.... My FAZ from $9.25 re-lost a bit of $ today... I think today might've been one of the best one day moves my IRA , has ever seen, +3.7%... now +11.8% YTD in 2011 - I formulated a plan of action because I do not feel comfortable holding all at this level. I may do a Cos 'profit skim' soon on it.  Monopoly World[/u] Big Cap - decent day, +1.1% with a few moves Buys: -(to cover all remaining) BKE @ $37, $36.82, $36.71, and $36.80 for avg 1.2% on that batch and +1.3% on the overall trade... big time positive given that I was down >-$100K / -10% at one point; also, had to cover today as it goes ex-div tomorrow... I will re-short it though and still like it as a short at current levels -(add) FAZ @ $8.92 / avg $9.37 unrealized -4.6% on 4.5x "long position" -(add) DRV @ $18.62 / avg $19.18 unrealized -3.9% on 10x "long" position Sells: (all) DANG @ $29.05 / +2.1% on the trade (was again a big time unrealized loss at the beginning) Shorts: (add) CLF @ $84, avg $81.98 unrealized -3.6% on 4.5x short position (add) LVS @ $50.28, avg $46.75 unrealized -5.2% on 8x short position (add) BAC @ $14.58, avg $13.81 unrealized -6.4% on 7x short position (add) NFLX $188.50, avg $183.50 unrealized -1.7% on 3.5x short position (starter) CMG @ $220.75 I am now 3% long, 97% shortscalp trades - no moves, still holding FAZ, acct -1.8% on the day Options Acct [/url] - no moves, still holding SPY Jan $126 puts that are decaying quite nicely, acct -20% on the day All in all, accounts were down -.3% on the day[/quote] Real LifeFFR was level at .17% and remains in 'get your parachutes on watch' territory. While it has not dipped into the .16% deployment levels yet, with the market at current levels and the FFR lagging, I think it is only a matter of time; I still think this is as clear a signal as there is out there. POMO or no POMO, this divergence continues to grow. My FAZ re-lost nicely on the day Biggest news of the day, I did a Cos profit skim of my IRA - sold what profits I had in PCX $25.50, CHK $27.90, CLF $87.50, STEC $21.25, and MVIS $2.34... sold enough so that I am back down to standard starter positions; MVIS avg now $.50/sh while PCX and CLF avgs now under $0/share. If they go to $0, I have still made money on them  I now have cash equal to 6.5 positions, but I will remain cash for a bit other than adding to V (which I anticipate doing tomorrow). Monopoly World / real time entries tracked in blog Big Cap [/url] - no moves, weak day -3.7% I remain 3% long, 97% short, and after today's move I have another margin call overnight  Scalp Trades - no moves, account down 6% and FAZ continues to be way underwater. It is getting well beyond stupid for me to continue holding that; despite knowing that, I hold on... Options Acct [/url] - no moves, SPY $126 jan puts driving themselves into the ground, account down -34.8% on the day  All in all, accounts were down -4.9% on the day  [/quote] FFR was bearish to .16% putting us into "deployment on risk" territory. It has hit this level twice in the past month (12/13 & 12/16) but bounced back the next day both times. Prior to that, you'd have to go back to late June 2010 to see a .16% reading. The intrabank lending market has frozen up despite the market in orbit. monopoly world - no moves, all in all accounts were breakeven +.1% on the day I remain 3% long 97% short with a margin call FFR was level at .16% and remains in 'deployment on risk' levels. But hey, at least the market is in orbit so that everyone can safely deploy their parachutes near the top... I'm sure that's what everyone's thinking, right?   My FAZ re-lost nicely on the day and I'm back to the drawing board monopoly world [/b] - no moves, but quite a bad day Big Cap Acct was -4.8%: I remain 3% long, 97% short with now a fairly substantial margin call that I will be "forced" to meet on Monday given that it will be the 3rd day with buying power at a negative number Scalp Trades Acct was -3.2%, Options Acct was -20% All in all, accounts were down -4.4% on the day I remain very bearish. Have a good weekend everyone!![/quote] FFR was 'HOLYCOW' bullish from .16% to .19% - these moves are quite rare. On the surface, it shows that maybe lending scares may have been overdone? If that is the case, maybe the market will pop back very quickly; that is of course assuming that it can hold this move. Anyone remaining long would probably want to see it stay up there or even move higher. Given the lack of correlation for at least 8 weeks, I would remain worried and bearish even in that scenario unfortunately. I can't say I know what to make of it; maybe -- as Cos suggested -- it's some sort of trap My FAZ unlost some and starts to work its way back towards even (avg still $9.25). There is a part of me that wishes I had averaged down for a 3rd pull on it, but it is a *****very***** small part of me ;D ;D Some IRA positions like MVIS, PCX, and STEC took big hits, and I am feeling very happy about doing the Cos profit skim last week. Monopoly World - a couple moves for the first time in awhile, but not many Big Cap [/url] - wow what a day, +8.6%... as mentioned in the FFR thread, I went from -$400K in unrealized losses overnight to "only" being down -$230K unrealized. All 15 positions were green and it ranks up there on my best days; that is with The Dow was down 12 points, now there's a ROFL. Smoke and mirrors indeed acct only a few market % off a new high since inception, which is the squid at play since I have been short biased since 1220 SPX Buys: (to cover 15%) LVS @ $46.75 for exactly breakeven on that portion - had to meet a 'margin call' and get my buying power back to positive, still hold 7x short position avg $46.75 unrealized +.7% Shorts: (add) AAPL @ $338.10 near EOD, now 5x short avg $331.10 unrealized -2.3% I am now 3% long, 97% short scalp trades acct - no moves, still holding FAZ into the ground, acct +8.4% options acct - no moves, still holding SPY $126 Jan puts into the ground, acct (what's left of it) +13.5% All in all, very strong day as accts were up +7.6%, one of my better days since starting these 9/7/10 [/quote] FFR was bearish overnight to .18% from .19%, one night after its .03% supersurge into yesterday morning. At face value, the lending markets have been acting funky. Under the surface, I do not believe all is well. My FAZ re-lost a bit, and both of (or 2/3 if we count SPNGQQQQQQ as a position) my penny stocks are now 'in play' I believe... IMDS & MNDP. Maybe I'll be able to sell them soon!!! So that's been fun to see Big Cap - another strong day of >$100K in gains. As mentioned in yest's wrap, I went from -$400K in unrealized losses to $-230K in unrealized losses; today, I moved to being only down $-129K in unrealized losses. Acct hit a new high intraday at +88% since inception, and closed the day at +83.7% for a new closing high.. more squid since mkt was not down very much My only long position (MOBI) was up a ton as well  LOL Acct +4.5% on the day, a few moves Buys: (add) DRV @ $17.72, now a 11x short position avg $19 unrealized -5.8%  Shorts (both new positions): STEC @ $20.15 CHK @ $27.41 I am 3% long, 97% short - after the DRV buy and late day move for the mkt towards even, I got another margin call  scalp trades - still no moves, it has been forever but still holding FAZ; acct down -1.1% on the day options acct - tomorrow the account should die out. It was fun while it lasted but I am holding SPY $126 Jan puts from a month or so ago... never thought the market would get this high and they haven't gotten a decent bid in quite awhile. Luckily I had moved out a lot of profits when I was near my high, as I will have to now reconsider whether to give it another try with some money from my Big Cap account or not... , acct down -10.8% on the day All in all, accounts were +3% on the day FFR was level at .18% - it was a wild and crazy week for the intrabank lending markets. Not sure what to make of it, but the FFR closed the week in "get your parachutes on watch" territory and should easily be into the .20%s by now. My FAZ re-lost yet a little more Monopoly World / tracked in the blog Big Cap - while the 3rd straight day of >$100K in gains was not to be, I'll still take half of that as the account still did very well; acct +2.4% on the day even with the market up pretty strongly as my BAC, CLF, and AAPL shorts and TZA did very well... closed at +89.3% since inception-- barely off a new high as it hit +90.5% intraday today which was my peak.  Only a couple moves: Sells: (all) MOBI @ $6.58, $6.61, $6.62, $6.66, $6.74, $6.83 for +7.7% on the whole trade (was almost a -20% loss at one point but was only a 1.5x long position) I am now 0% long, 95% short, 5% cash scalp trades - no moves, acct -3.2% with FAZ being red options acct - no moves, account (what was left of it) down -100% and is no more as my SPY $126 Jan puts expired worthless. All in all, it is good that I moved $500K out of it at the start of December; I started with $150K, got up to just over $1M very quickly, and now have nothing to show for it except the $500K in profits that were moved to the big cap. Not sure I'm going to start this account up again with some funds from the Big Cap, but we'll see - I do need more options experience. All in all, accts were +.9% on the day FFR was bearish to .17% from .18%, remaining in 'get your parachutes on watch' territory and only one notch above the "deployment on risk" The FOMC meeting is right around the corner I *added* to my FAZ at $8.55 (avg now $9.02) - I did not plan on it until today's move. I expected the market to be down nicely today to be honest. monopoly world / tracked in blog big cap - hit a new high for the acct early in the am, but ended up finishing the day -1.7%, a few moves Buys: (to cover all) CRM @ $127.60 / +10.2% on only a standard 1x short position (add) FAZ @ $8.56 / avg now $9.10 unrealized -6% on 7x "long" position Short: (new) BKE @ $36.85 - I had covered this very big short position 2 weeks ago because it was going ex-div... looking back, looks like I had covered it all at... $36.75 I am now 0% long, 100% short - only other time that happened was 11/10/10 through 11/16/10, and it worked out very well. Hopefully I get lucky again.scalp trades - no moves, FAZ was barely red, acct -.3% all in all, accounts were down -1.3% on the day FFR was bullish to .18% from .17%, which makes up for the bearish move into yesterday morning. It remains in "get your parachutes on watch" territory as we head into tomorrow's FOMC meeting My FAZ from $9.02 was barely green Monopoly World / real time tracked in blog [/u] Big Cap - pretty active day, and a wild swing. I went from >$120K in gains at one point and hitting a new acct high of +94% since inception, but would end up closing at only +84% and down -.6% on the day; I was fairly active as I took advantage of some early weakness to take some profits and buy some precious metals. I guess the 100% short allocation didn't hold long  Buys: -SLW @ $29.90, $29.24, $28.93 -MOS @ $74 -GOLD @ $76.27 -PAL @ $6.55 -(to cover 15%) LVS @ $44.90 / +4% on that batch, still holding 6x short position avg $46.75 unrealized +3.7% -(to cover 40%) BAC @ $13.70, $13.47 / +1.7% on that batch, still holding 4x short position avg $13.81 unrealized +1.3% -(to cover all) IYT @ $91 / +1% -(to cover all) BKE @ $36.10 / +2.1% -(to cover all) AMZN @ $176.50 / +1.7% Shorts: -MU @ $9.97 -STEC @ $20.85 / now 2x short position avg $20.50 unrealized -1.8% Sells: (25%) TZA @ $15.70 / +2.4% (all / day trade) MOS @ $74.97 / +1.3% I am now 12% long 88% short scalp trades - account breakeven slightly green w/ FAZ, no moves [/quote] FFR was bearish to .17% from .18% and remains volatile but in 'get your parachutes ready' territory My FAZ was level Monopoly World / tracked in blog Big Cap - very active day, mainly rotational but did sell all the longs I had bought yesterday - overall was a down day by -2.5% Sells: (all) PAL @ $6.73 / +3% on a standard 1x long position (oops #1) (all) SLW @ $29.60 & $29.63 / +1% on 3x long position (oops #2) (all) GOLD @ $76.60 on 1x long position (oops #3) Buys: (to cover all) CMG @ $217.75 / +1.4% on 1x short position (add) TZA @ $15.13 & $14.92, now 4.5x "long" avg $15.10 unrealized -1.9% (to cover all remaining) BAC @ $13.68, $13.70, & $13.68 / +1% on the 4x short position I still had (to cover all remaining) NFLX @ $183.10 & $182.35 on 3x short position Shorts: (add) LVS @ $46.14 now 7x short position avg $46.65 unrealized +1.3% (add) STEC @ $21.70 now 3x short position avg $20.90 unrealized -3.4% (add) AAPL @ $344.20 now 6.5x short position avg $334.38 unrealized -2.8% (add) MU @ $10 now 2x short position avg $9.99 unrealized +.4% (add) CLF @ $85.65, 86.84, & $87.55 now 8.5x short position avg $84.10 unrealized -4.3% S @ $4.48 PCX @ $25.53 & $25.38 I am 0% long, 100% short scalp trades acct - no moves, still holding FAZ which was even today all in all, accts were -1.9% on the day FFR was level at .17% My FAZ from $9.02 got redder monopoly world / tracked in blog big cap - down day of -2.9%, a few moves. buys: (to cover 1/3 remaining) LVS @ $45.40 / +2.7% shorts: (add) MU @ $10.48 now 3x short position avg $10.15 unrealized -4.3% NFLX @ $207.15 (got lucky I had covered my short yesterday since I didn't realize it had earnings - even better short up here though... ) I remain 100% short and have a margin call with today's move now ridiculously named scalp trades acct - no moves, -3.1% still holding FAZ... for what reason I really do not know  All in all, accts were down -2.7% FFR was level at .17% and remains in 'get your parachutes on watch' territory - this will be one of the things I will watch closest so as to see how intrabank lending is immediately responding to the situation in the Middle East. It has been very weak for the last couple months of equity market strength, and now it will be interesting to see if it continues to grow weaker and whether the equity market would finally begin to confirm it. My FAZ unlost some - I'm hoping to see it move above my $9.02 avg very quickly next week since the hold period on this has been far longer than I had wanted or anticipated when I started the position on 12/23/10. monopoly world Big Cap - eclipsed my best day ever in here by a few $K, finishing the day +7.9% / +$176K, only a couple moves Shorts: SLW @ $30.80 (at the time I hadn't read the memo about the fear trade being back on) (add) NFLX @ $209.35, $211.30 Sells: (1/3) TZA @ $15.61 / +2.9% on that batch, still holding 3x "long" position avg $15.18 unrealized +4.3% I remain 0% long, 100% short scalp trades - no moves, acct +6.6% on the day... maybe FAZ will start coming back to an area where I could sell it at a decent price (even at a loss) All in all, accounts were +7.1% on the day FFR was level at .17% - this was a good sign for the bulls, there's no denying that. We will see what tomorrow brings - I really think this needs to move higher if we are to trust the equity market. My FAZ re-lost some monopoly world Big Cap [/url] - after a very strong Friday, I obviously gave some back today. But at least I didn't give up more than I gained! Acct was down -5.5% on the day, a few moves: Buys: (to cover all) STEC @ $20.29, $20.40, $20.43 for +2.9% on a 3x short position (to cover all) SLW @ $30.63 / +.6% (wanted to get long at EOD but didn't have the buying power) Shorts: (add) PCX @ $26.75, now 3x short position avg $25.93 unrealized -.9% (add) CHK @ $28.46, now 2.5x short position avg $27.88 unrealized -5.9% I remain 0% long, 100% short - even having closed some positions, still ended up with a small margin call at EOD scalp trades no moves, acct -3.6%... i'm still waiting... i'm still waiting All in all, accounts were down -5.1% on the day[/quote]
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Post by brosin on Feb 22, 2011 17:20:09 GMT -5
February 2011FFR was level at .17% FAZ back to being quite red monopoly world Big Cap - 2 days after my best day, today was the worst day since 9/7/10 inception, down -$193K / -8.5% As 100% short allocation, strong market up move put me severely negative in the buying power category, so I had to go on a bit of damage control; holding some pretty big losses now Buys: (to cover all) S @ $4.48 / breakeven 0% (to cover all) NFLX @ $213, $213.15, $213.30 / -1.8% I remain 100% short with what became another margin call late in the day scalp trades - no moves, acct -7.6% all in all, accounts were down -7.8% No doom today as predicted in the poll!  FFR was bullish to .18% from .17% My FAZ unlost today - interesting I had assumed it was down monopoly world Big Cap - no moves, account +.3% on the day scalp trades acct - no moves, +1.9% on the day All in all, accounts were +.5% on the day FFR was level at .18% My FAZ was... red by a penny (had to check, wasn't sure)  monopoly world [/u] big cap - started out as a pretty good day, but ended up the day just above even. My AH sell of a portion of LVS put me slightly into the green, +.6% on the day - a few moves Shorts: (add) LVS $50.05 / was a 5.5x short position avg $47.34 at that point - did not have a good feeling about it going into earnings, but I wasn't going to change my positioning on it; I have tried to stay fairly indifferent to earnings releases. This time it seems to have worked out Buys: (to cover 1/2) PCX @ $25.90 / breakeven +.1% (to cover 1/5) LVS @ $47 in AH / +.7%, still holding 4.5x short position avg $47.34 I remain 100% short scalp trades - no moves, acct -.2% on the day all in all, accounts were +.4% on the day [/quote] Have been out at the bars so bear with me ;D but leaving to go out of town in the early am until late Sunday for a concert so want to post now in case I'm not here until Monday FFR was bearish to .17% and is in the lower level of 'get your parachutes on watch' territory. As much as we all (even me, I admit) may be ignoring this indicator, maybe it is the most important one of all in signaling that the real market (bank lending) is not confirming this move in the slightest. Whatever the case, lending has not looked good since November. My FAZ was even to the penny (had to check again) ... ugh monopoly world Big Cap [/url] - pretty good day especially considering the market was up; we can pretty much attribute that to LVS and DRV though as those two positions were a majority of the gains - acct was +3.4% on the day with a few moves.. buys: (to cover 40%) LVS @ $46.50 & $46.25 / +2% on that combined batch... frankly I am surprised as I did not expect my short position to do well into earnings (to cover all remaining) PCX @ $25.18 / +3% shorts: (add) MU $10.86 / avg now $10.33 unrealized 7% on 4x short position (add) AAPL $344.75 / avg now $336.45 unrealized -3% on 8.5x short position (add) CHK $30.15 / avg now $28.68 unrealized -4.8% on 4x short position BKE $36.84 I remain 100% shortscalp trades - no moves, acct was exactly breakeven w/ FAZ all in all, accounts were +2.4% on the day [/quote] FFR was level at .17% in 'get your parachutes on watch' territory. Maybe one of these days it will come back into 'all clear' levels FAZ sinking like a rock. Can't say I don't feel pretty dumb about it monopoly world big cap - no moves, acct -5.5% as the market continues to move away from me. Have negative buying power, margin call after today. I had targeted the 1330 area as my capitulation zone as I would still be ahead of the market since inception at that point and would just need to re-group. scalp trades - no moves, acct -5.2% all in all, accounts were -5.4% on the day And btw, I had not posted last night for some reason (thought that I had) I had no moves yesterday and had the market run away from me some more so that my margin call / negative buying power is getting to be a bit much. Still have my eye on the 1330 level as my mental capitulation zone, as that would still have me ahead of the market since 9/7/10 inception. So far today things are going better for the account though and I'm hopeful the margin call will go away on its own here by tomorrow. FFR was bearish to .15% from .16% - that is the 2nd night in a row it moved down; it is officially in 'deployment of parachutes' levels. My FAZ (yes still holding I know. . . ) was even monopoly world big cap - acct down -1.5% on the day; will have negative buying power into the 3rd day in a row, so going to need some action tomorrow. no moves today.. i remain 100% short scalp trades no moves, acct -.3% on the day All in all, accounts were -1.1% on the day FFR was level at .15% and remains in "Deployment on Risk" territory. Call me perplexed but standing firm; if you look at my "Bear Bus" post from August - it is potentially one of my best calls at one of the toughest pivots since 2008. And I talked about the Fed - it is not mentioned there, but the FFR was not getting bearish with the market in the late Summer. That was a core reason I stayed bullish even at the worst of it, which I almost did not do. I feel that we are at a similar albeit completely opposite spot here in Feb 2011. The market is not buying what the Fed is selling. Banks are tightening up and the Fed is pumping in more and more (FFR going down) in addition to POMO dollars. Anyways My FAZ is now nothing more than a bonehead play - haven't really decided what to do with it yet monopoly world big cap - no moves, account got bloodier as it was down -2.9% on the day. Now with a substantial margin call over the weekend. Fake money or real money, the decision making process is just as hard and painful. The only thing I really did today was start preparing to capitulate in the mid to high 1330s; quite a few big positions to unwind and something tells me I am not alone... scalp trades - no moves, account -4.8% All in all, accounts were -2.8% on the day FFR was level at .15%, remaining in "deployment on risk" levels My FAZ from $9.02... well the market was open for trading today so I'm sure it was red ;D In real life trade news (in my trading acct to go along with the FAZ), I made a trade!! We'll see how well that goes - I bought some MNKD @ $3.48. What can I say, the market has made me bored! monopoly world - a few moves, but more was done on the strategy end Big Cap - a few moves; as I have been tracking, my buying power has been negative since the middle of last week. By this morning, it got to a *quite* negative number (approx -$650K / about 5.5 entries/exits, give or take). If this were real life, I would've had to make an excuse this afternoon that held off on a forced liquidation until tomorrow morning. Instead, I plan to liquidate at least a large portion of my FAZ for a truly monster loss in my Scalp Trades account and shift that money into the Big Cap to meet the margin call. I did start to meet the call with a few moves... acct had a bad day -4.5% mainly due to my CLF short Buys: (to cover all remaining) LVS @ $46.90 & $47.05 / +.9% on a 3x short position - as described above, it was a gift that I had any green positions at all. (to cover all) BKE @ $37.30 / -1.3% on a 1x short position; this was the only loss that was very small - all other remaining unrealized losses are 7% or more. I remain 100% short with aforementioned big margin call - I mention all this mainly because I do not think I am alone when it comes to big money; you may or may not agree with that scalp trades - well now I have to see what FAZ did, so yeah looks like it was a few cents red... acct -.6% on the day. Here is a chart showing my buying power in this account since inception. A picture is worth a lot of words:  I have gone from up 100% as of 12/7/10 to up 2.2%... it has been a painful 2 months of HOLDING FAZ. Basically, I deserve to be As mentioned in the Big Cap summary, I will be cashing this out tomorrow and moving the funds, so at least I am going to cash out at even. It was quite a ride I guess All in all, accounts were down -3.2% on the day. As mentioned in my FFR thread, at least I am still beating the market overall since 9/7/10 inception... FFR was level at .15% My FAZ was slightly green while MNKD did great today monopoly world big cap - decent day, acct +2.1% on the day and I met my margin call with a few moves. Decided to close out a couple in here instead of the original plan to liquidate massive FAZ loss in the Scalp Trades account... the red market pushed my buying power to a less negative number in here which made the decision easier buys: (to cover 66%) CHK @ $30.65 & $30.70 for -7% (biggest loss I've taken in this account) i remain 100% short and looking to capitulate in the mid to high 1330s as that would still leave me about 15% ahead of the market since 9/7/10 since inception scalp trades - no moves, although the plan going into yesterday was to potentially liquidate this whole account and move the money into the Big Cap to meet the margin call. It survived to see one more day at least All in all, accounts were +2.4% on the day FFR was bullish to .16% from .15% - now out of "deployment on risk' levels and back into "only" 'get your parachutes on watch' levels. My FAZ relost some more while my MNKD was level monopoly world big cap - no moves, acct -2.1% on the day; as mentioned in yesterday's wrap, I met my margin call yesterday. Today's market move put me back into negative buying power territory so I would have another margin call tomorrow morning. The market settling in the mid 1330s makes my capitulation in this account almost inevitable tomorrow or Thursday. We will see how it goes. scalp trades - no moves, acct -1.9% on the day all in all, accts were down 2% on the day Sorry kind of long, busy market day for me Real life - I can't call my biggest news good or bad, but it is news: went from 16% cash in my IRA to 40% cash I as I sold 1/2 of 10 different positions: TGB / +29.9%, CLF / +383.2%, VALE / +116.9%, PCX / +96.7%, FCX / +136.5%, BAC / +26%, RIMM / +54%, STEC / +36.2%, BP / +57.4%, CHK / +40.4%... haven't been in this much cash since June 2009, although I only started the IRA early that year. I hope I don't end up regretting this like I did in mid July when I didn't buy back my full positions nearly in time and chased. at least I locked some of it in though FFR was bearish to .15% from .16%, putting it back into "deployment on risk" levels and a 8 month low. Other than one touch at .15% on 6/30/10 8 months ago, one would have to go to 3/12/10 to see readings that low. The equity market is 20% higher than it was then, but yet the lending markets are no stronger. My FAZ was red / MNKD level monopoly world - it happened big cap - becomes my only account (more below), acct was down -3.1% on the day shorts: (add) CLF $99.55 / avg now $86.67 unrealized -14.8% on a 11x short position (add) PCLN $458.10 / avg now $425.08 unrealized -7.1% on 5x short position I don't have a margin call overnight! Knock on wood going into next week ;D I remain 100% short with my back to the wall - yeah that usually works out well acct +30% since inception, beating the market by only 9%... tells the story VS MKT BIG CAP SPY 2010 68.61% 13.54% 2011 -15.94% 6.76% 29.77% 21.07% I AM BEATING/LAGGING BY 8.70% scalp trades - capitulated on FAZ for a WHOPPING -30.8%; hasn't quite set in yet, but of course I still own FAZ, DRV, and TZA in the other account ; this account has gone the way of the options account (profitable but barely, and wiped out tons of gains quickly)... went from +100% in December to +.1% when I closed it all out. Moved the $250,xxx into the Big Cap acct which is my only account left. All in all, accounts were down 3.7% on the day - FFR was level at .15% - at face value, I'd say that favors the bulls. If it does not deteriorate further, I'd say it even more favors the bulls. It is still in the "Deployment on risk" level, which by itself remains dangerous imo My FAZ unlost quite a bit as it sliced my unrealized losses in half (avg still $9.02).. MNKD was slightly red Going to look at some options tonight as to what -- if anything -- I'll be wanting to add in my IRA with all the cash I freed up last week monopoly world big cap - best day since 9/7/10 inception by far (>30% better than prev best day), acct +11.2% a few moves Shorts: (new) SLW @ $40.30 (new) BIDU @ $122.70 (add) CLF @ $94.75 / avg now $87.30 unrealized -6.2% on 11x short position (new) BKE $39.50 (add) CHK $31.85 / avg now $30.02 avg -6.6% on 3x short position (thank god I covered 80% of what was a 7 short position a few sessions ago @ $30... would've gotten crushed on it today) (new) ERX @ $80.50 Buys: (add) DRV @ $15.21 / avg now $18.39 unrealized -17.2% on 13x "long" position (to cover all) SLW @ $39 / +3.3% (day trade from earlier in the day) I remain 100% short (no need to do the "all in all, accounts were X%" anymore since I only have one monopoly account now) FFR was level at .15% and remains in "deployment on risk" territory. Maybe now that everyone's lost faith in the FFR as an indicator, it will become relevant again? It staying level with further deterioration in the Middle East is a good sign for the bulls imo. I remain watchful of it. My FAZ unlost nicely - $9.02 is not all that far away anymore. But it is FAZ so I'm not getting my hopes up ;D... MNKD was fairly red. Put together a BTFD list last night - in the next few days, I will decide what prices to hope for on some of them in my IRA monopoly world big cap - saw its 2nd nice day in a row, acct +3%. What was -$700K in unrealized losses a few days ago is now -$400K in unrealized losses. Should that amount get above $0, I would be at a new account high by a good deal. Back beating the market handily by 25.5%.. a few moves Shorts: (new) SLW @ $40.67 & $40.25, now 2x short (add) ERX @ $85.50 / now 2x short avg $82.50 unrealized -2.8% (add) CHK @ $33.50 & $33.95 / now 5x short avg $31.46 unrealized -9.1% Buys: (to cover all) BKE @ $37.30 / +5.6% from yest (to cover) BIDU @ $114.25 / +6.9% from yest I remain 100% short FFR was level at .15% and remains in "deployment on risk" levels - yet it has not gone lower this week, which should at least give the bulls a little solace. FAZ unlost a bit more - my entry has transformed from $9.02 to $45.10 ;D MNKD did pretty well too monopoly world big cap - after a couple good days in a row, saw a pullback today thanks mainly to my PCLN short, acct -2% on the day, only a couple moves buys: (to cover all) SLW @ $38.95 & $39.05 for +3.6% from yesterday - 2 days in a row with nice trades here (both from the short side) I remain 100% short and fwiw am still not the least bit bullish. FFR was level at .15% and remains level for the week and in 'Deployment on Risk' territory heading into the weekend. This is still the lowest level it has shown in quite some time although didn't go any lower this week. My FAZ relost some more and MNKD moved down pretty good near the end of the day, so not good there monopoly world - Had some meetings late in the day, so didn't see the close but my account definitely took a leg down even though the market closed at lower than it was before I went into the meetings big cap - looks like I should've been playing with more cash headed into today as I gave back a lot of the previous days' unlosses, no moves account -9% / -$212K. I believe that is my worst day in this account, or at least it is close. I do have quite the hefty margin call headed into Monday - I would technically be able to hold out in meeting it until Tuesday if I wanted, but if the market is well green Monday I will have to get on damage control Have a good weekend everyone! Long day - had to get some work in before I go on vacation later this week (heading out of town Wednesday until the weekend), FFR was level at .15% yet again - still not wanting to show us whether the middle east unrest is real or not My FAZ was red while MNKD was green. Added another real life trade by buying some SPY $133 weekly puts / $.94. Probably not the best day to start them up since I couldn't watch all that much - but I know I was up 30% at one point before heading to meetings.. came back to see myself back at even. I had to inquire with TDA whether I could reuse those funds if I day traded (I heard back and found out it takes day for the funds to settle). monopoly world - took another leg down, forced to make some moves tomorrow no matter what , no moves account down -5.4% on the day Worst of all, the market is now beating me by 1.6% since inception. I remain 100% short and quite bearish despite needing to sell some losing positions tomorrow
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Post by brosin on Mar 16, 2011 13:11:37 GMT -5
March 2011Sorry, "bear" with me. I had an active day as you will see FFR was bullish to .16% from .15% and is now into "parachutes on watch" territory. This was the first move in 8 days, and it was bullish. Despite being at weak levels, taken at face value this is a good sign for the bulls regarding the Middle East unrest - it still needs to move much higher before I will become bullish again. My FAZ unlost rapidly today - I guess my avg is $45.10 so I've still got a ways to go. More trading in real world than the monopoly world - WOW it had been awhile; looking back through my trading history, the last time I had a day trade was 8/6/10 sold my MNKD @ $3.69 / +6% today to focus on some options trades.. I may get back in... plan with MNKD was to sit with a couple hundred shares and just wait for the day when it doubles up or more (hopefully tomorrow is not that day ) first active trading day in the options world, kind of happened more by accident than planning - was just planning to play with my SPY $133 weekly puts from yesterday @ $.94 and that's it. But LVS looked enticing and I felt it was a good pairs trade at that point in the day when it was trading sub $43 (long LVS / short the market) - sold 1/3 of SPY $133 weekly puts at $1.65 / +75% - bought LVS $43 weekly calls at $1.15 6 as complete spec play - bought LVS $47 weekly calls at $.06 - (maybe sillier) bought 5x that amount of LVS $47 weekly calls @ $.07 [had prev said 'tripled up' but it turns out I went from 5 to 28 contracts].. really just felt LVS had bottomed for the day and was expecting a pop to $45... got part of the way there and I decided to hold - sold remaining SPY $133 weekly puts at $2.17 / +131% - added only a little bit to LVS $43 weekly calls at $1.24 - bought some SPY $131 weekly puts at $.91 (had to put the hedge back on) - bought LVS $45 weekly call for $.36 (yes only one it only partially filled ) - I guess I'm hoping for a gap up! ;D - last but not least, sold half the SPY $131 weekly puts for $1.13 / +24.2 just after the market closed (1st options day trade ever ) Trading Acct gained 38% today - it was new money from last week when I got my tax return. Thanks TurboTimmy! monopoly world - not to be outdone, only the best day since inception Big Cap [/url] - uh so was my acct oversold? As mentioned yesterday, it was the first time my account was lagging the market since inception.. today acct was +$256K / +12.6% (prev best was last Tues which was +$240K); had a massive margin call today that I had to meet buys: (to cover all) ERX @ $82.95 & $83.00 for breakeven / +.1% - yes I am stingy about taking losses even with monopoly money, as you can see by which position I decided to liquidate and when ;D I remain 100% short I still feel very bearish on the overall market (except for LVS I hope ) [/quote] FFR was level overnight and over the weekend at .15% - remains in 'deployment on risk' territory. It feels like this right now: My FAZ unlost a bit more and is creeping higher. When do I get to stop the pain?! Hopefully soon No options trades although thought about some SPY monthly puts - a bit gunshy as I took a nice on my attempt to play the weeklies in LVS. Plus I woke up too late to have a good feel after my vacation / today was my final day off, back to work tomorrow monopoly world / big cap acct - no moves, strong day acct +6.9% - I remain 100% short but still holding all losing positions currently, so I wait.. FFR was bearish to .14% - the battle between .15% & .16% (18 straight days) has resolved itself to the bears. Of course the market responded today with a "nothing to see here." ;D P.S. I saw a sneak preview today for Bears IX - looks like they put a lot of production dollars into it I'm a big fan of this Bears VIII: Stuck in the "Realities" of 2008 movie we're watching now. It is one of the better ones, especially given the May 6th Crash that was involved in getting it started. Bears IX had better not disappoint, although it won't start up again until we're at least at 1250 SPX. My FAZ relost as I saw my IRA "stalwart" BAC was way up Speaking of the IRA, I finally bought something on my BTFD list with my 40% cash position when I dipped into GOLD at $73.00 - it would fall to $71.xx before finally bouncing. Its earnings picture looks like SLW's for coming quarters  ALERT TO GOLD BUGS EVERYWHERE: THIS IS MY FIRST EVER GOLD RELATED IRA PLAY THAT WAS NOT FCX. I don't know if that's good or bad for you guys monopoly world / big cap acct - no moves, obviously gave some back today and have to admit, really didn't see this one coming (even more than normal!), acct -5% on the day; i remain 100% short and with a margin call .. Still predicting major doom (>200 pts down on a day) by Thursday FFR was level at .14% and remains severely in "deployment on risk" territory and at a 12 month low. My FAZ was level, no other moves monopoly world / big cap acct - good day, acct +3.9% on the day, only move was satisfying my margin call Bought to cover 1/2 of my MU @ $10.33 & $10.34 for breakeven and -.1% respectively.. still holding a 2x short position avg $10.33 unrealized +.1% i remain 100% short FFR was level at .14% and remains severely in 'deployment on risk' levels and at a 12 month low for the 3rd straight day. We'll see if it can bounce at all or whether lending markets are going to get worse My FAZ unlost - I'm still down 9.x% on it (from $45.10/sh post R/S)... I'm really upset with myself that I didn't buy those SPY puts I was eyeballing the last 2 days. Shouldawouldacoulda made a killing monopoly world / big cap acct - very active day, mostly rotational although I got slighly less short... acct +10.4% / +$232K on the day buys: (to cover remaining) MU @ $9.87 & $9.80 / +4.8% on that batch after closing out the other half yest for b/e (was a 4x short position overall) (to cover ALL) CLF @ $87, $86.90, $86.80, $87.05, $86.90, $86.80, $85.65 for +.6% overall on an 11x short position - was crushing me for a long time (new) GOLD @ $73.75 (new) GLD @ $137.95 (new) SLV @ $34.43 (new) LVS @ $40.10 (new) ANR @ $50.50 shorts (all except PCLN are new positions): PCLN @ $461.15, $466.90 / now 8x short avg $436.21 unrealized -6.5% BKE @ $37.60, $37.60 (2 separate times/orders) LUV @ $12.33, $12.40, $12.51 NFLX $195.15, $202.15 S @ $4.71, $4.88 I am now 10% long, 90% short FFR was level for the 4th straight day at .14% and remains in 'deployment on risk' territory and at a 12 month low. My FAZ relost some monopoly world - down day as the market was up, acct -3.9% but did sell the 5 longs I had bought Thurs sells: (all) ANR @ $51.25 / +1.3% (all) SLV @ $35.07 / +1.9% (all) GLD @ $138.58 / +.5% (all) LVS @ $40.25 / +.3% (all) GOLD @ $73.65 / -.1% buys: (add) DRV @ $15.15, avg now $18.09 unrealized -15.9% on 12x "long" position shorts: (add) BKE @ $38.05 & $38.70, avg now $37.99 unrealized -1.6% on a 4.5x short position (add) S @ $5.08 , avg now $4.89 unrealized - 2.4% on a 3.5x short position i went back to 0% long, 98% short, 2% cash FFR was bearish to .13% from .14% and is now deep in 'deployment on risk' territory. It is deeper than I had ever thought it would get when creating those arbitrary levels... I think we are now in 'Stink Bid Watch' territory. My FAZ unlost and is hopefully working back towards even. I see a few big down days in a row for the market before this correction is said and done - it might be a long time (3-6 months?), but that will be my signal. monopoly world, realtime entries in blog [/url] - acct +2.5% on the day, some moves Buys: (daytrade) GOLD @ $72.63 / would sell @ $73.17 for +.8% (to cover 75%) BKE @ $37.60, $37.30, $37.50 for +1.4% combined Shorts: (add) CHK @ $33.55 (new) CMG @ $255 (new) LNG @ $8.02 & $8.32 I am 99% short, 1% cash [/quote] FFR was bullish to .14% from .13% even with the whole host of problems - this was a strong sign for the bulls. It remains in 'stink bid watch' territory My FAZ unlost and is now only down 5% monopoly world / big cap acct - acct +2.7% on the day, a few moves sells: (all) TZA @ $44.30, $44.40, $42.90, and $42.70 for +4.5% on a 4x short position starting in January shorts: (add) NFLX $207 (add) LNG $8.12 buys: (add) DRV @ $16.10, $15.90 (to cover all remaining) BKE $37.70 / +.9% - had sold 3/4 of it yesterday, sold remaining today i remain 98% short, 2% cash
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(seeing VSTNQ go to .95 without taking a breath)
(my feeling when I bought it - was fairly certain I was going to get clobbered)
)
I was kind of worried almost because the spread would later drop to $.10/.20. 
I just don't trust the market here which is probably stupid, so it's been all I have been playing. But yeah, I read a little bit on GOIG and at that point it was dipping (from almost up 100% on the day to "only" up 75% - it was 300% higher a week ago though). I liked the context of it so dipped right in. 
