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Post by cosmic on Jul 23, 2010 15:04:37 GMT -5
And it's still holding up. Green arrow lives another day and had a second confirmation count, so that's 2 of 9 in this preliminary run. I suspect at least 2 runs, so 17 more counts. The Weekly & Monthly are coming around and the FVE is moving more bullish still. Mechanical trading. I will have better charts ready for the weekend.  Added a few QQQQ calls to my existing position on the dip this morning. Holding for Monday doom or boom.  Hope everyone made some money today and will do so on Monday. Members please post your results along with your RDA of smileys!  |
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Post by tajmahal9898 on Jul 23, 2010 15:14:58 GMT -5
i suck at shorting a security.. Most of the money I had is going long and I should stick to that..
Shorted 20K CENX at 10.49 -- down 5K on this one.
Added short 4K QCOM shares @ 39.5 to existing 1K (@37.74)position - slightly ahead ~2.5K
Unintentionally, I am holding decent size short positions -- would like to close position on Mon/Tue..
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Post by sp7015 on Jul 23, 2010 15:15:48 GMT -5
Lost some of my gains from yesterday playing spy $150 July 30th puts.
No big deal. Still up on the week.
Exited the puts for a loss.
Only holding aapl stock.
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Post by sp7015 on Jul 23, 2010 15:16:48 GMT -5
i suck at shorting a security.. Most of the money I had is going long and I should stick to that.. Shorted 20K CENX at 10.49 -- down 5K on this one. Added short 4K QCOM shares @ 39.5 to existing 1K (@37.74)position - slightly ahead ~2.5K Unintentionally, I am holding decent size short positions -- would like to close position on Mon/Tue.. I feel you. It seems like I always loose money buying puts or shorting a stock. |
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Post by demanuel2001 on Jul 23, 2010 15:16:49 GMT -5
Relatively quiet day for me. Slightly up. Started with me getting cautious in premarket on LVS news. Sold 2,000 shares shortly after the open - and just failed to buy them back at a nicely lower price. So caution cost me a few bucks today. Still made out pretty good on the rest of my LVS. Also, sold 1/3 of my BPZ on a pop.
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Post by kryptos2009 on Jul 23, 2010 15:17:35 GMT -5
3 trades today:
Buy To Open 50 AAPL Jul 23 2010 260.0 Call @ 0.30
Sell To Close 50 AAPL Jul 23 2010 260.0 Call @ 0.40
+25.39% / +$405.02
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Buy To Open 25 AAPL Jul 23 2010 260.0 Call @ 0.25 (filled)
Sell To Close 25 AAPL Jul 23 2010 260.0 Call @ 0.50 (filled)
+83.16% / +$567.52
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Buy To Open 10 AAPL Jul 23 2010 260.0 Put @ 0.50 Filled
Sell To Close 10 AAPL Jul 23 2010 260.0 Put @ 1.00 EXPIRED
-100% / -$534.98
---------------------------------------------------------------------
Daily Total: +$437.56
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Post by bellevuetrader on Jul 23, 2010 15:24:32 GMT -5
Still holding FAS short...could have exited this AM with a small gain, but I'm sticking around a bit longer in the bear camp. Ok Ok....who am I kidding! I live in the bear camp! Have a great weekend all....
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Post by drtracyb on Jul 23, 2010 15:38:07 GMT -5
Hey Im unlosing some money finally Same here. |
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Post by sp7015 on Jul 23, 2010 15:40:01 GMT -5
3 trades today: --------------------------------------------------------------------- Buy To Open 10 AAPL Jul 23 2010 260.0 Put @ 0.50 Filled Sell To Close 10 AAPL Jul 23 2010 260.0 Put @ 1.00 EXPIRED -100% / -$534.98 --------------------------------------------------------------------- I saw you announcing this one today on pp thread with 1 hr left in trading. I was thinking to myself that was a risky play with the options expiring today and aapl stock at $260. Good job on the other two trades. I think my plan next week is to buy aapl weekly calls on weakness as I believe this stock will continue to be bought on pull backs. |
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Post by kryptos2009 on Jul 23, 2010 16:31:53 GMT -5
3 trades today: --------------------------------------------------------------------- Buy To Open 10 AAPL Jul 23 2010 260.0 Put @ 0.50 Filled Sell To Close 10 AAPL Jul 23 2010 260.0 Put @ 1.00 EXPIRED -100% / -$534.98 --------------------------------------------------------------------- I saw you announcing this one today on pp thread with 1 hr left in trading. I was thinking to myself that was a risky play with the options expiring today and aapl stock at $260. Good job on the other two trades. I think my plan next week is to buy aapl weekly calls on weakness as I believe this stock will continue to be bought on pull backs. sp, I was expecting a sell off into the close as traders took profits before the weekend. AAPL did sell off but not as far as I thought it would. It hit $259.30 around 15:40 ET. I thought it would go below $259 I could have gotten $0.70 for the puts but hung in too long waiting for the larger sell off. Live & Learn... I'll probably be back in the AAPL calls next week, so much volatility in them, seems to be good for quick scalps. I've got to keep an eye on the daytrader roundtrips, got hit with 2 today. May have to sit on the sidelines for a day or two. |
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Post by timber on Jul 23, 2010 16:50:45 GMT -5
two great days in a row....bought and sold fas....watching faz and vxx rot and profits finally start to pile up on these shorts made my weekend...still short vvus and have some tza just in case
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Post by torrentio1 on Jul 23, 2010 16:54:00 GMT -5
I saw an interesting market up portfolio up session. I decided not to reshuffle the portfolio just yet -I remain all in and remain quite bullish -but of course.... TRIN & TRIN/Q were interesting as were the semiconductors -I will have to dig in to these over the weekend -as well, I will take a peak under the hood with RIFIN...  Let us not forget about looking at OIL and related which really wants to come out and play.... Hope all did well!!!! ;D ;D ;D ;D |
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Post by ask2lern on Jul 23, 2010 17:50:35 GMT -5
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Post by exabi on Jul 23, 2010 18:15:06 GMT -5
No trades, watched the weekly SPY 7/23's at end of day....these could make for some interesting trades for the last 30 minutes on Fridays.
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Post by alphacpa on Jul 23, 2010 18:28:22 GMT -5
Sold 5,000 shares SOMX 3.69 on the pop near end of day for some spending money. Holding 150K MVIS and 5K FAS.
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Post by sp7015 on Jul 23, 2010 19:34:20 GMT -5
I saw you announcing this one today on pp thread with 1 hr left in trading. I was thinking to myself that was a risky play with the options expiring today and aapl stock at $260. Good job on the other two trades. I think my plan next week is to buy aapl weekly calls on weakness as I believe this stock will continue to be bought on pull backs. sp, I was expecting a sell off into the close as traders took profits before the weekend. AAPL did sell off but not as far as I thought it would. It hit $259.30 around 15:40 ET. I thought it would go below $259 I could have gotten $0.70 for the puts but hung in too long waiting for the larger sell off. Live & Learn... I'll probably be back in the AAPL calls next week, so much volatility in them, seems to be good for quick scalps. I've got to keep an eye on the daytrader roundtrips, got hit with 2 today. May have to sit on the sidelines for a day or two. My bad I thought those were calls you bought. You did the same thing I did but I did it with SPY puts. Nice idea on aapl pulling back. It kept hitting 260 yesterday and couldn't get past it. By the way, Scottrade now has a counter to track your daytrades for you so you do not make 4 trades. |
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Post by elle on Jul 23, 2010 23:22:14 GMT -5
One of those rare smooth days.
Short +.30
Long +.30
Long +.30
Tried to sell AH when ran up another +.20, but no one left - don't like it when run up AH, feels like a bad sign
Seems like a lot of work for $1.10, but felt so good.
Long coal 2/3 position
Short squeezey tech 1/2 at close, trying this as a hedge for Mon
Great w/e all!
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Post by jack on Jul 23, 2010 23:23:44 GMT -5
One of those rare smooth days. Short +.30 Long +.30 Long +.30 Tried to sell AH when ran up another +.20, but no one left - don't like it when run up AH, feels like a bad sign Seems like a lot of work for $1.10, but felt so good. Long coal 2/3 position Short squeezey tech 1/2 at close, trying this as a hedge for Mon Great w/e all! ...thinking about playing PCX again Elle.... |
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Post by Rich on Jul 23, 2010 23:46:28 GMT -5
I sold FAS calls then bought them back, also bought MGM calls.
Looking good so far, we'll see what Monday brings.
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mihai
Broker/Dealer
2nd Place - Road to Opex 7
Posts: 433
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Post by mihai on Jul 24, 2010 1:44:12 GMT -5
put 2/3 in at FAZ 14.5 then 1/3 in at 14.28.
I would love to sell at 16. If we see 15.25+ within the next few trading days I'd probably sell on that day to lock in profits. Otherwise, I'm probably going to chicken out and lose money on this trade.
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Post by alphacpa on Jul 24, 2010 9:41:22 GMT -5
Elle, I like the coal plays PCX and my personal favorite right now MEE. Almost bought MEE, but settled on FAS. GLTY
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Post by exabi on Jul 24, 2010 9:56:23 GMT -5
Keep an eye on CLD also....starting to get some volume now. Not quite the flyer like PCX, but looks like a decent coal play.
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Let us not forget about looking at OIL and related which really wants to come out and play.... 
...............AIB made a nice move still holding.................Exalt for Cos......................Live to trade another day...................hope everyone has a nice weekend..................GLTA
