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Post by cosmic on Jan 25, 2011 16:47:34 GMT -5
Heck of a swing day and lots of fighting between bulls and bears. Heavy selling into TICK upswings marked a lot of the action. This was certainly a battlezone.  Whomever is calling the shots has a lot of firepower.  I put a stink order in for some FAS Feb 19 30's at 1.45, and went to eat. When I came back the order had filled, so I just rode with them promising I would sell at $1 or any profit. Closed that position at EOD for a 17% profit.  No other trades. Hope everyone made some money today and will do so tomorrow. Members, please post your results along with your RDA of smileys!  |
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Post by Rich on Jan 25, 2011 17:04:20 GMT -5
hawow!
glad I didn't buy any fas puts....
I knew it....I mean I didn't know it....but I knew it!
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Post by timber on Jan 25, 2011 17:12:41 GMT -5
no trades for me well short tza trade just one ....getting ready to go to florida
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Post by tajmahal9898 on Jan 25, 2011 17:19:50 GMT -5
no trades today.. still babysitting short MU position.. unlost some paper loss.
I was active on the MU YMB (my mistake) and I got hammered there with a lot of accusations (pumper/dumper/liar/...) I should have known better and avoided dark street.. my bad.. i even had to put someone on ignore.. good old YMB BS..
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Post by demanuel2001 on Jan 25, 2011 17:23:52 GMT -5
Bit of a downer for me as I scalped LVS and also bought a few more shares. Rolled half of my short Jan weekly $47 puts to short Jun $46 puts for a LOT more premium. That was about it. Overall down 0.5% for the day - up 2.5% YTD.
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Post by kryptos2009 on Jan 25, 2011 17:40:02 GMT -5
Bought 200 FAS @ 29.60 earlier in the day
Had to be on a call for work so missed the late day dip to 29.20 area or would have bought 100 more
Sold 2 FAS Jan 28 30.0 Calls @ 0.60
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Post by birthmark on Jan 25, 2011 17:53:09 GMT -5
Added to my TGC holding at .80
Plan on adding one more time in the next week.
GL
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Post by demanuel2001 on Jan 25, 2011 18:23:00 GMT -5
no trades today.. still babysitting short MU position.. unlost some paper loss. I was active on the MU YMB (my mistake) and I got hammered there with a lot of accusations (pumper/dumper/liar/...) I should have known better and avoided dark street.. my bad.. i even had to put someone on ignore.. good old YMB BS.. Why goodness gracious me! Here's an exalt for your pain Taj. |
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Post by brosin on Jan 25, 2011 18:53:43 GMT -5
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 |
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Post by exabi on Jan 25, 2011 19:09:03 GMT -5
no trades today.. still babysitting short MU position.. unlost some paper loss. I was active on the MU YMB (my mistake) and I got hammered there with a lot of accusations (pumper/dumper/liar/...) I should have known better and avoided dark street.. my bad.. i even had to put someone on ignore.. good old YMB BS.. No trades for me today. Took a little peek on the MU YMB.....are you sure you didn't rape their wives and/or daughters too? Amazing how aggressive some become when you short "their" stock. GL to you Taj. |
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Post by timber on Jan 25, 2011 19:11:54 GMT -5
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Post by papasloth on Jan 25, 2011 19:12:04 GMT -5
TD Ameritrade got confused about their own concentration margin requirements. After spending all morning on the phone with them and waiting for their risk analyst to figure out that 68.9% is less than 69.5%, I finally gave up and liquidated my HGSI position. Made a nice profit on the covered calls I sold yesterday and a little profit on the stock sale. All in all, I'm out of HGSI with a 110K profit since September, so I can't complain too much about losing a little more upside.
I'm now holding just a large SVNT position right now, long SVNT, short Feb. 10 puts, short FEB 11 puts, short Feb 11 calls, and short Mar 11 calls. If SVNT closes above 11 in Feb and Mar, I'm completely out of the position with a small profit over all my SVNT trading. Considering I was holding a covered call back when SVNT was 23, and SVNT is trading less than half where it was back then, I'd be pretty happy being just up a little. Considering that SVNT just announced their new CEO and SVNT had a nice up day, flat-to-up looks pretty good.
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Post by papasloth on Jan 25, 2011 19:13:49 GMT -5
You can't teach the invincibly ignorant. |
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Post by timber on Jan 25, 2011 20:38:04 GMT -5
sloop gave them hell
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Post by kbk3ck on Jan 25, 2011 20:47:52 GMT -5
Decided to jump back in on ERX too early today. Got 157 shares at $63.05
Then it instantly went into the $61s. It came on backm up and closed @ $63,26 i think. May add another 150 or so shares tomorrow. I have a $2.50 Trailing Stop set on it.
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Post by tajmahal9898 on Jan 25, 2011 20:59:38 GMT -5
Hey Guys.. thanks for all your support.. It's not their fault.. there are so many pumpers on the YMB and I wouldn't have believed my posts had I not known the person.. Said this, one particular person was aggressive but again you never know from where he/she is coming from and why the person was so angry.. let's give them a benefit of doubt and let's move on.. It was my fault.. I should not have posted there at first place and should not have continued to engage them. It's my fault.
Let's channel our energy towards positive thinking.. once again sorry for bringing you guys in the middle of all this.. I really appreciate what you guys have done for me over the years. Thank you from the bottom of my heart.
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Post by dino on Jan 25, 2011 21:20:40 GMT -5
In a way, it's good entertainment to me. Reminds me of the Tef days. Or when Gap would start running his mouth about Cos. What's great now is that the entertainment and the serious stuff is separated between YMB and the FME.
"you look like a poser wanting attention"
LOLOLOLOL...... I don't know why, but that line has made me laugh 2 or 3 times now! Taj - you're such a poser! LOLOLOL... (I'm just kidding of course)
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Post by papasloth on Jan 25, 2011 21:21:45 GMT -5
When you wrestle with pigs, you both get covered with mud, but the pig likes it.
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Post by kbk3ck on Jan 25, 2011 21:46:11 GMT -5
What?!?!? Wrestle with a pig? I like pigs. Why didnt anybody call me? Damn, I miss all the good stuff!!!!
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seatoo
Commodities Trader
Posts: 168
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Post by seatoo on Jan 25, 2011 21:57:50 GMT -5
Sold UNG for a 5% gain, didn't want to see it turn into a loss. Went long UEC at 5.53 avg pp
Expecting Uranium to continue its runup, which should pull up the U junior stocks as it rises.
LLEN is making a comeback from its lows of a few days ago, still looking for break even, then some green too.
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