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Post by brosin on Oct 8, 2010 15:21:57 GMT -5
Please no boycotting this thread  Filling in for Cos again although haven't heard "And it went up." Some more.  May 12 was the last close that was higher than this one. We are at an almost 5 month closing high. The market continues to drag everyone into it kicking and screaming. What appeared to be a substantial overhang in the 1150 area seems to have been absorbed quite nicely, and we have yet to see the drop most have been expecting for a good month now. I saw some bearish signals start popping up today, but I would say we probably have another week or two of grinding up before one can safely play the short side naked. Hope everyone made some money today and will do so next week. Members, please post your results along with your RDA of smileys!  |
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Post by demanuel2001 on Oct 8, 2010 15:28:51 GMT -5
Great day for my last trading day before I go on vacation. Sold some SKX for a nice gain. Scalped some LVS for a small gain. Did the 3 card monte shuffle with my put positions - taking puts off, rolling into November - buying back puts with medium low strikes and selling higher strike puts. Got myself into a relatively bulletproof position for relaxing on the Queen Mary 2. Net net for the day is somewhat better than +$40k. I continue to believe you play this market from the long side until either the election happens or we have a minus 200 on the Dow.
Unlikely to be trading or posting much for the next 2 weeks or so - well just a little bit. Good luck to all and remember - if you feel you must short LVS be vewy vewy afwaid.
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Post by benvestor on Oct 8, 2010 15:36:37 GMT -5
Up about 100 bucks on some AAPL calls i held for 3 days.. whippee doo.. But I am happy I held and didn't take a loss  Bought An AAPL call and a put near EOD.. 6.80 on the call and 2.60 on the put.. will sell put if and when we dip monday Saw PCLN calls just about double today.. going to get on that gravy train of ups and downs monday |
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Post by bellevuetrader on Oct 8, 2010 16:10:43 GMT -5
No trades.....just tired of a market melting up. Thankfully im only down 5-6% on my FAZ position. Thats nothing! Not compared to last year when I was down 35%! LOL! I'll continue to wait out the storm!
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Post by tajmahal9898 on Oct 8, 2010 16:15:16 GMT -5
I posted my trades in real time ..
2 MU round trips for 12 cents realized profit..
Covered 40K short CENX position for ~100K loss
Still holding long ATEC and SDS Oct 28 puts
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Post by ask2lern on Oct 8, 2010 18:04:16 GMT -5
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Post by exabi on Oct 8, 2010 18:06:14 GMT -5
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Post by sloop on Oct 8, 2010 19:00:10 GMT -5
broke away from the banks today and traded a few UN knowns FLS, DDS and DPZ made a profit in all of them. I have gone and paid a pretty penny for a co that gives me really good picks and ideas. I just had to get out from under the banks and start making money again
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Post by PoorHomey on Oct 8, 2010 20:27:50 GMT -5
I was mighty tempted on a few occasions, but no trades this week. I've sat out the entire run from 1050ish  Employee Stock holdings up 0.63% for the week. Am considering putting a stop underneath that one as the chart looks terrible. Got my Tax refund today, which helped push me to a new 1,880 week high. 131.7% away from my goal.  |
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Post by exabi on Oct 9, 2010 7:17:08 GMT -5
broke away from the banks today and traded a few UN knowns FLS, DDS and DPZ made a profit in all of them. I have gone and paid a pretty penny for a co that gives me really good picks and ideas. I just had to get out from under the banks and start making money again Never traded FLS, but bought probably $300-400K of their pumps (Durco). Great product. |
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Post by timber on Oct 9, 2010 8:32:25 GMT -5
so COS YOU GAVE UP ON TRADING THEN
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Filling in for Cos again although haven't heard 
