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Post by cosmic on Jul 19, 2010 15:06:54 GMT -5
Wow today felt Opex-ish also. When will that feeling end?!?  Bulls slightly staved off disaster, and have a lot more work to do in avoiding it. The buy point on the SPY chart I presented last night is still there, and it was a little early as I suggested. I'm holding to that strategy for now.  I picked up a few SPY calls and am green, as I was early too, I could have been more green. Ah well. I still have my Q calls which are down but not out. The average is slightly green. I will play any pop or drop tomorrow exiting the position either more green or 'at' green.  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 brosin on Jul 19, 2010 15:21:04 GMT -5
Bought some IMGG @ $.21 - trying to support the magical ray gun. Maybe should've sold but holding overnight.
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Post by ask2lern on Jul 19, 2010 15:34:04 GMT -5
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mihai
Broker/Dealer
2nd Place - Road to Opex 7
Posts: 433
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Post by mihai on Jul 19, 2010 15:35:15 GMT -5
Made VERY bad FAZ/DRV trades. Bought and sold them at bad prices. Lost my 6% DRV gains from last week :-(
I'll probably low lay for a while, til I understand what's going on.
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rebel
Broker/Dealer
Tried & True
Posts: 434
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Post by rebel on Jul 19, 2010 15:35:48 GMT -5
2 trades in faz 1st one was very good ;D 2nd gave back 27%  OH the games GLTA |
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Post by tajmahal9898 on Jul 19, 2010 15:40:50 GMT -5
no trades today.. could not get my hands on the computer today..
all cash..
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Post by jack on Jul 19, 2010 15:41:07 GMT -5
Made VERY bad FAZ/DRV trades. Bought and sold them at bad prices. Lost my 6% DRV gains from last week :-( I'll probably low lay for a while, til I understand what's going on. Re: "...til I understand what's going on..." Tell us when/where you find that body of knowledge out there which is indisputable, 'kay? Thx |
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Post by commodityypro on Jul 19, 2010 15:55:01 GMT -5
Actually no trades today. I actually missed the last hour of trading. My DRV stop didn't hit and looks like that may work out well tomorrow.  It felt like today was a scramble attempt by the bulls to try and run it up to exit final positions before the tankage back to retest 1040 and beyond.  The only way to make $$ is to either play the swings. ARNA as well had another stellar day.  GL! |
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Post by brosin on Jul 19, 2010 16:03:04 GMT -5
The only way to make $$ is to either play the swings. For me, the only way to make $ has been to buy and hold (imagine that!). "Playing the swings" has meant me giving my money to my brokers. IRA vs. Trading Acct makes it strikingly simple to see in my case. I wonder how many people are up in 2010 thus far. |
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Post by timber on Jul 19, 2010 16:05:41 GMT -5
kept all my shorts....sold radio shack call early on
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Post by trading4dough on Jul 19, 2010 16:10:32 GMT -5
Sold my last 1/3 somx position +29.1%
traded faz/tza and fas/tna round trip each once
held the core shorts
held my other longs ............ geeeze down to 1/3 of my mvis position I had at the high (avg $2.72)
still have
joez ($2.23)
issi 50% ($7.71)
apwr ($8.40)
tsem 50% ($1.24)
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Post by tajmahal9898 on Jul 19, 2010 16:12:55 GMT -5
The only way to make $$ is to either play the swings. For me, the only way to make $ has been to buy and hold (imagine that!). "Playing the swings" has meant me giving my money to my brokers. IRA vs. Trading Acct makes it strikingly simple to see in my case. I wonder how many people are up in 2010 thus far. For me - sell everything and hold cash strategy has worked ... I am lucky to be up this year.. I haven't traded much in last 2-3 months... only handful of trades.. |
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Post by demanuel2001 on Jul 19, 2010 16:35:16 GMT -5
Scalped some more LVS shares profitably. Also wrote a few LVS August $22 puts - just working this gravy train. Has anyone noticed how good my market predictions have been for the past 2 weeks? (Prior to that they sucked)
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Post by Clinton SPX on Jul 19, 2010 16:37:56 GMT -5
stopped out on my FAZ, nice profit. All cash now. Everyone is going short AH so bet on a nice gap up tomorrow.
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Post by brosin on Jul 19, 2010 16:42:15 GMT -5
Scalped some more LVS shares profitably. Also wrote a few LVS August $22 puts - just working this gravy train. Has anyone noticed how good my market predictions have been for the past 2 weeks? (Prior to that they sucked) Good reminder - I will have the bull/bear stats updated tonight. |
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Post by torrentio1 on Jul 19, 2010 16:47:30 GMT -5
I saw a consolidating market flat portfolio up session.  I remain all in and remain bullish. Hope all did well! ;D ;D ;D ;D |
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Post by zabee on Jul 19, 2010 16:53:54 GMT -5
Still holding SOMX, MVIS, ARNA......
14 August Calls for IMAX - which for a change is up from my buy point.
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Post by elle on Jul 19, 2010 18:22:50 GMT -5
back to my old ways, buying in 1/3's, looking for bargains, scalping too schizo or boring now
long pcx, 2/3 position now, hoping for at least 11.06 - thot we had turned for earnings, who knew
long moonshine 1/3
short short covered this am, who knew
waiting for next week - if IBM perceived bad, maybe good to lower expectations for other earnings
still a gap spx 905
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Post by puurfectten on Jul 19, 2010 18:30:53 GMT -5
put in a bunch of light fixtures today..looks like the hammers comin out tomorrow...got my helmet on.... |
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Post by exabi on Jul 19, 2010 18:38:25 GMT -5
Holding very small position in SPY AUG 107 puts, otherwise all cash. Wish I could join market maker BOBO in shorting Abdogman.
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....................also set trailing stops on all but 3 of my LT holdings in my LT accounts 
..............I hope for the sake of all I am wrong.................Exalt for Cos....................Live to trade another day......................GLTA
