Cosmic's MarketPlace Wrap -9/30/2010

[cosmic]

Busy today so I didn't catch all the action, but doesn't look like much of a pullback of any type.

No trades.

Hope everyone made some money today and will do so tomorrow. Members please post your results along with your RDA of smileys

[demanuel2001]

Well September did NOT suck for me - in fact it was my best month ever. Did some more LVS scalps today - my mutual funds will be down - but overall it should be a net +$10k day. Not sure how to play October - I think the election will keep the market buoyant but I have to decide how to play my short LVS options as I want to have an easy life on the boat with my family.

[tajmahal9898]

relatively active day and good one..

Closed FFiV 110/100 put spread for 14% profit..

closed vxx for 6.25% realized profit..

closed SDS combo for 30 cents realized profit -- didn't pay anything for this combo - in fact got 2 cents at the time of writing it... so overall 32 cents profit with no investment.

shorted another 10K CENX shares at 13.20 and bot back at 13.15 for 5 cents realized profit

I am still playing catchup...

[benvestor]

Stopped out on a AZO call at 10.70 bought at 6ish last week.. Nice gain there..

Picked up 3 more AZO 230 calls at 2.75.. -swing trade 4 total now about even on those.,.

Apparently my AMD .50 stop level got cancelled yesterday.. fat fingers i guess.. swing trade there but should have been scalping as well

LVS put down 20% still holding for pullback

One put on a large name not to be named, up 20% will prob add to it tomorrow if we pop.. i see a pullback before earnings run

Overall Portfolio about 2% down today..

Just keeping head above water because havent really had the time to focus on trading too much

GL everyone!

[exabi]

No trades, almost back to even on LVS 35 OCT calls. Quarterly Opex whipsaw in full force today.

[bellevuetrader]

No trades for me....down 0.04% on my FAZ position. MVIS is a different story. Looking forward to the October Omen!

Cos....long time no see/here/speak. You been busy with a new broad down there in S. Florida or what?

[timber]

i swear someone looking into my trading account everday.....i cant divulge my trades today ....maybe tomorrow after i get the monster out of my closet ;D

[exabi]

Sept 30, 2010 17:55:00 GMT -5 timber said:

i swear someone looking into my trading account everday.....i cant divulge my trades today ....maybe tomorrow after i get the monster out of my closet ;D

That's the downside to becoming a quant

[timber]

[Rich]

I sold my TZA calls, then bought them again, then sold half.

Still have the other half.

Let's go!

[demanuel2001]

Speaking as a retired quant - it's not so much models as inflatable dolls.

Sept 30, 2010 18:24:13 GMT -5 timber said:

[timber]

lol inflatable dolls cant bitch can they ;D

[jack]

Sept 30, 2010 20:25:04 GMT -5 timber said:

lol inflatable dolls cant bitch can they ;D

Depends upon what kind of gas you fill them with.

[timber]

[brosin]

FFR was level at .19%. .19% and above is the 'all clear,' but further deterioration under that level tomorrow would be a sign of a looming top. I would still think it would take about a week to show in equities before coming even if it did deteriorate. For now we will call it bullish consolidation.


Still holding FAS


Monopoly

Big Cap was up .4% on the day, with new entries in BIDU $100.30 / BKE $26.82 / CYOU $27.47. Went from 65% invested to 80% invested. The best thing to me is that I am now beating the market again by 2.2%.

Scalp trades closed out FAS held overnight for 2.9%, day traded losses on CHK -.4% and RIMM -1.8%, and no gain on FAS position, holding overnight. Account +4% on day.

options acct no moves, SPY $116 Oct calls are back to even, down 22% on the day.

Accounts all combined +.5%