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Post by brosin on Sept 8, 2010 15:19:23 GMT -5
Cosmic asked me to provide the Wrap in his absence this afternoon since he is not sure when he will be back. This is only the 2nd Wrap Cosmic has missed since April 2009, which I think many of us - including myself - sometimes take for granted.  As I know a few people have mentioned, 1104 spx was a key level - we did not get through it today and closed below the 1100 mark. I for one am pleased that we saw some consolidation over the past 2 days rather than big moves. It seems to indicate the market is feeling things out; this is healthy I would argue. My FAS is now green for the 4th close in a row in real life  I made a few trades in my new Scalp Trade Porfolio Simulation to finish up exactly 1% on day 1 of the simulation. Day 2 of the Big Cap Growth Portfolio ended with it up .7% Hope everyone made some money and will do so tomorrow. Members, please post your results along with your RDA of smileys!  |
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Post by ask2lern on Sept 8, 2010 15:26:20 GMT -5
So who should I exalt? ;D ;D ;D...........................................Three trades for me................I traded my watermelon jolly rogers for some green apple jolly rogers.......................and I traded an orange for a pluot ........and I did buy just a small postion of SPY 111 PUTS just after the close @ 1.88 just so I have something to wake up to  ........................Exalt for Bros(I gave Cos one ealier)................live to trade another day.....................GLTA Oh and I missed the wrap on Friday I sold my SPY 107's for a BIG loss -72%  and went fishing..........................  |
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Post by jack on Sept 8, 2010 15:30:26 GMT -5
Exalt to A2L because not only does he report his winners , but others which aren't!
: )
No trades for me today - still in my 21.62 FAS hole from friday...lol!!!
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Post by zabee on Sept 8, 2010 15:33:38 GMT -5
SOMX - sucks!
YRCW - could be the one jackpot people have been waiting for, although its still high risk
ARNA - who the hell knows
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Post by timber on Sept 8, 2010 15:33:51 GMT -5
im about even a few dollars ahead right now on the day....three positive tza trades and one tna trade still underwater but not buy much hope to get out tomorrow....we need a praying smiley ;D
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Post by timber on Sept 8, 2010 15:38:41 GMT -5
cos might never come back if we keep making fun of him.....fastopia will be left ragged and in disrepair  ....we can always blame everything on sloop now ;D ;D....like we blame obama for americas problems |
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Post by timber on Sept 8, 2010 15:40:54 GMT -5
FASTOPIA WITHOUT COS  |
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Post by ask2lern on Sept 8, 2010 15:41:47 GMT -5
we can always blame everything on sloop now ;D ;D....like we blame obama for americas problems This type of coment is not necessary IMO........I.......still love ya Timber but why light matches next to dried timber? ................Ok I am logging off now...................GLTA |
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Post by maxi on Sept 8, 2010 15:42:13 GMT -5
Traded STP again. 8.75 to 9.00
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Post by timber on Sept 8, 2010 15:42:47 GMT -5
FASTOPIA WITH COS  |
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Post by tajmahal9898 on Sept 8, 2010 15:44:44 GMT -5
I am holding a dead portfolio... I want to get out of my short CENX position so that I can take another position... CENX was up (I am short) and ATEC was down (I am long) ... Down 4K... |
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Post by timber on Sept 8, 2010 15:45:13 GMT -5
Traded STP again. 8.75 to 9.00 nice trade maxi |
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Post by papasloth on Sept 8, 2010 15:45:13 GMT -5
I shorted some FAZ 2012 39 Calls on 8/25/10 at $4.70 and covered them today for $3.00. I still think FAZ will probably see $12.50-$13.50 some time this month, but pigs get fat, hogs get slaughtered.
Meanwhile, I'm still taking a bath on some HPQ short puts I sold back when HPQ was at 42. Downgrade by UBS today is probably responsible for the 3% decline in HPQ. Oh well. I can always keep rolling them over until HP bounces.
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Post by maxi on Sept 8, 2010 15:47:33 GMT -5
Traded STP again. 8.75 to 9.00 nice trade maxi Thanks Timber. I am getting back into it again.  |
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Post by timber on Sept 8, 2010 15:47:39 GMT -5
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Post by benvestor on Sept 8, 2010 15:47:47 GMT -5
I did it again. Holding LVS calls overnight. I bought 10 initially and then 20 when it dipped. Failed to perform the planned exit at just above break even territory and now will have to exit with a nice profit tomorrow! ;D ...I Hope (boo hisss) Down about 150.. but i strongly believe the trend up will continue.. |
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Post by timber on Sept 8, 2010 16:01:50 GMT -5
we can always blame everything on sloop now ;D ;D....like we blame obama for americas problems well then why dont you guys just stop blaming obama for everything its actually very simple if you ask me  This type of coment is not necessary IMO........I.......still love ya Timber but why light matches next to dried timber? ................Ok I am logging off now...................GLTA |
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Post by sloop on Sept 8, 2010 16:07:33 GMT -5
Nice wrap up Brosin... Im 10K BAC and 5K FAS is 25 bucks in the green and BAC is 150 bucks in the red
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Post by commodityypro on Sept 8, 2010 17:18:16 GMT -5
Down 14% now on DRV
Added more FAZ today, avg. down to $14.79, so down 5% assuming AH price of $14.04
ARNA - up 11.4%
DGP - up 12%
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Post by exabi on Sept 8, 2010 17:42:37 GMT -5
Ask is not here, but I was wondering WTF is a pluot...sold 10 PCX SEP 12 covered calls, trying to get a little revenue from my PCX at 11.52.
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Post by commodityypro on Sept 8, 2010 17:50:50 GMT -5
Ask is not here, but I was wondering WTF is a pluot...sold 10 PCX SEP 12 covered calls, trying to get a little revenue from my PCX at 11.52. Pluot is a mix between a plum and an apricot. |
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Post by exabi on Sept 8, 2010 17:55:54 GMT -5
Thx Comm, Can't stand apricots, plums are OK, I'll pass.
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Post by tajmahal9898 on Sept 8, 2010 18:19:38 GMT -5
Thx Comm, Can't stand apricots, plums are OK, I'll pass. 70% plum 30% apricots.. you might like them... The strangely named pluot is a hybrid of the plum and the apricot. The actual ratio works out at about 70% plum and 30% apricot. The pluot is extremely sweet; this is because it has a very high sugar level. Although pluots are a cross breed they mainly look like plums. www.wisegeek.com/what-are-pluots.htm |
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Post by exabi on Sept 8, 2010 18:25:59 GMT -5
I'll give them a try....question - when you dry a plum, you get a prune - what do you get get when you dry a pluot? A prute?
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Post by brosin on Sept 8, 2010 19:12:12 GMT -5
A prude?
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jn1520
Broker/Dealer
Posts: 719
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Post by jn1520 on Sept 8, 2010 20:24:41 GMT -5
Still holding AKS, feelin' good because the MOMO is still there. YRCW made a move for me as well. ARNA trade still in break-even zone.
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Post by cosmic on Sept 9, 2010 0:11:42 GMT -5
I want to thank Bros and everyone for today's wrap! No trades, but had fun.
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Post by brosin on Sept 9, 2010 0:19:24 GMT -5
no prob, good to hear
You're going to need to "announce" the poll lol
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........................Exalt for Bros(I gave Cos one ealier)................live to trade another day.....................GLTA
and went fishing.......................... 
....we can always blame everything on sloop now ;D ;D....like we blame obama for americas problems 
