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Post by brosin on Nov 15, 2010 17:28:24 GMT -5
(Filling in for Cos) POMO Monday ended mixed. The $VIX move today signals to me that complacency came back very quickly - perhaps too quickly. Maybe it was the POMO effect. Hope everyone made some money today and will do so tomorrow. Regulars, please post your results along with your RDA of smileys!  |
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Post by demanuel2001 on Nov 15, 2010 17:31:48 GMT -5
I missed most of the afternoon. Looks like my early day gains shrank somewhat. Got a nice boost from time decay in expiring LVS options plus a few scalps. Lost pretty much everywhere else. Net plus $10k.
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Post by sloop on Nov 15, 2010 17:36:25 GMT -5
S&P still in the channel BABY!!! Up we go!!!!!
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Post by sloop on Nov 15, 2010 17:38:33 GMT -5
We should change it to.... Fastopia Market place wrap-up
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Post by Rothschild on Nov 15, 2010 18:09:49 GMT -5
Made 2% today on a basket of financials including Fas  Unfortunately, 1206 proved to be strong resistance. Can we surmount it during OPEX? maybe not! Rising dollar and vix and falling Euro and Opex machinations will bring plenty of headwinds. caution is warranted. With that said, I bought a basket of bear etfs at the close Bgz,faz, and spxu. stop at snp1206 or will cover at 1176. Hope everyone made money today and will continue to do so ad infinitum ;D |
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Post by ask2lern on Nov 15, 2010 18:13:59 GMT -5
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Post by benvestor on Nov 15, 2010 18:35:24 GMT -5
Stopped out on a Fas scalp for a loss..
Sold a few SLV puts for a small gain..
Even for the day, mostly cash
Hold one SLV 26 NOV Put..
Looking for a little more downward action there
TMV and F look like decent trades in the short term.. Market doesnt look too strong to me right here
GL for tomorrow everyone!
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Post by brosin on Nov 15, 2010 18:41:44 GMT -5
Interesting day 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. My 1/2 was red - I am watching for $22.50-$23 in the next day or two so I can grab back my other half 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 Scalp trades account - only 2 moves, account +1.3% on the day to hit new high - img214.imageshack.us/img214/8007/scalptradesasof111510.png-bought some FAZ $11.19, sold it at $11.50 near EOD for 2.8%, still holding some FAZ bought Friday Options account - strong day here, +7.5% opened up some more $123 SPY dec puts Date Opened Contracts Buy Price 11/15/2010 SPY Dec $123 puts 100 $4.06 11/15/2010 SPY Dec $123 puts 100 $3.90 11/15/2010 SPY Dec $123 puts 100 $3.82 11/15/2010 SPY Dec $123 puts 100 $3.87 11/15/2010 SPY Dec $123 puts 100 $3.92 11/15/2010 SPY Dec $123 puts 100 $3.99 11/15/2010 SPY Dec $123 puts 100 $4.10 11/15/2010 SPY Dec $123 puts 100 $4.15 Closed out 25% of that position EOD for about 10%, still holding the rest All in all, accounts +6.5% on the day |
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sabin26
Commodities Trader
Posts: 103
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Post by sabin26 on Nov 15, 2010 18:56:40 GMT -5
Managed to get outta DRN at 54.22...right before *it hit the fan Not happy I didn't pull the trigger at 19.7...or 19.9 for that matter on DRV Not enough volume on these guys though for my liking, think it's back to tna/tza for me, though I wouldn't mind a 3x bear rec for the next few days... Attachments:
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Post by PoorHomey on Nov 15, 2010 18:57:39 GMT -5
Had a realized gain of $12.60! Almost bought a few lottery tickets (the State issued scratch-off kind from the Gas station, not the Irish Bank/BK Trucking Company/Ray gun kind...  ) but decided against it.. Gotta protect profits! Will try not to spend it all in one place. ;D |
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Post by timber on Nov 15, 2010 18:57:46 GMT -5
one ford trade ...3 ford call trades and one fas trade
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jn1520
Broker/Dealer
Posts: 719
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Post by jn1520 on Nov 15, 2010 20:25:20 GMT -5
Left BIDU for some AMRN (up a few %)...HGSI position holding strong, but tomorrow is a big day...huge move will occur, one way or another. Currently up almost $1K on my position.
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Post by natsalilfly on Nov 15, 2010 20:35:06 GMT -5
Hi Guys - Sorry I buzzed out with no warning but its been crazy! Oldest son & wife had another baby, beautiful girl named Tirzah Marie (its an old testament name, my son is a pastor) and my younger son came home on leave, and as you can imagine all that put this grandma on a posting hold. But, I figured a few weeks ago we wouldn't get much past dow 11,000 - 11,500 tops because beyond that, we have to have a REAL economy going on! Today I stuck my toe back in & bought FAZ @ 11.19. Thanks DeRoth for your input on stop SPX 1206 I will keep that in mind.
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Post by Rich on Nov 15, 2010 20:37:58 GMT -5
nice buy
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Post by natsalilfly on Nov 15, 2010 20:43:53 GMT -5
I was just reviewing the day and noticed 14.2 million shares XLF traded with a big huge red volume spike in the last few minutes of the day...we shall see.
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Post by sloop on Nov 15, 2010 21:09:13 GMT -5
I was just reviewing the day and noticed 14.2 million shares XLF traded with a big huge red volume spike in the last few minutes of the day...we shall see. Paulson strikes again. |
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Post by sloop on Nov 15, 2010 21:11:33 GMT -5
Paulson sold millions of BAC, WFT and all of his GS
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Post by brosin on Nov 15, 2010 22:31:47 GMT -5
Hi Guys - Sorry I buzzed out with no warning but its been crazy! Oldest son & wife had another baby, beautiful girl named Tirzah Marie (its an old testament name, my son is a pastor) and my younger son came home on leave, and as you can imagine all that put this grandma on a posting hold. But, I figured a few weeks ago we wouldn't get much past dow 11,000 - 11,500 tops because beyond that, we have to have a REAL economy going on! Today I stuck my toe back in & bought FAZ @ 11.19. Thanks DeRoth for your input on stop SPX 1206 I will keep that in mind. Congrats on the new granddaughter Nat! |
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Post by tajmahal9898 on Nov 15, 2010 22:42:07 GMT -5
No Trades today.. lost 4K on CISCO
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Post by cosmic on Nov 15, 2010 23:01:16 GMT -5
No trades. Thanks as always Bros. Always a pleasure Sloop.
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Post by sloop on Nov 15, 2010 23:09:20 GMT -5
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Unfortunately, 1206 proved to be strong resistance. Can we surmount it during OPEX? maybe not! Rising dollar and vix and falling Euro and Opex machinations will bring plenty of headwinds. caution is warranted.
) but decided against it..
