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Post by Rich on Feb 11, 2011 17:12:41 GMT -5
I don't really feel qualified to do this since I slept thru most of it, but any way.... VIVA LA BULL!!!! I sold my spy calls about an hour before expiration. Still lost money but not much. Bought LVS calls, march 48's. Still holding my fas calls which expire next week. They are WAY UP.  I think this bull's got room to move. |
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Post by tajmahal9898 on Feb 11, 2011 17:44:12 GMT -5
closed ISRG short position at $335.42 for few 100s realized profit.
CSCO Feb2 19 puts closed ITM. I will be assigned 20,000 shares over the weekend. paper loss of 16 cents or 3,200.
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Post by maxi on Feb 11, 2011 18:35:36 GMT -5
PSUN continues it's slow crawl back to my buy price.
Bought back a 20% position of ZLCS.
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Post by brosin on Feb 11, 2011 18:59:10 GMT -5
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 |
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Post by demanuel2001 on Feb 11, 2011 21:06:35 GMT -5
Nice day - up about 1.25% on the whole portfolio. Mostly driven by LVS where I rode it up and scalped 1,000 shares and rolled a few short puts to next week. For some mad reason I bought MNKD March $5 calls yesterday and they have effectively evaporated. Up 5.25% MTD and 8.75% YTD.
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Post by cosmic on Feb 11, 2011 21:34:10 GMT -5
Bros, it feels more like the 'market is selling what the fed is buying'
Why deploy more risk capital if you know you're buying an artificial price because of FedCreditCo. Better to let your current hand ride.
There are no sellers because of POMO, and there are few buyers because of POMO. Everyone is watching everyone else verrrrrrrrry closely. One wrong move...
But the numbers I've followed say companies are hit 5-10% on Earnings regardless of good or bad. So there's your over-inflation amount.
Could you imagine where the S&P would be if all of it's companies were near their 52 week highs simultaneously?
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Post by jack on Feb 11, 2011 23:43:13 GMT -5
Nice day - up about 1.25% on the whole portfolio. Mostly driven by LVS where I rode it up and scalped 1,000 shares and rolled a few short puts to next week. For some mad reason I bought MNKD March $5 calls yesterday and they have effectively evaporated. Up 5.25% MTD and 8.75% YTD. 8 3/4% YTD!!!! THAT is freaking incredible deman: Congratz!!! |
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Post by sloop on Feb 12, 2011 1:20:22 GMT -5
I feel guilty not posting with only 6 post here tonight so here it go's I shorted CMG and came out with a profit of 4,000 then rode it back up for another 2K bought APA and holding into earnings up 1900 on it tonight. Still holding 85,000 shares of VLNC with a unrealized loss of 20K
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Post by demanuel2001 on Feb 12, 2011 9:43:57 GMT -5
8 3/4% YTD!!!! THAT is freaking incredible deman: Congratz!!! It is indeed incredible as I had a typo - it's just 7 3/4% - still not bad though. |
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