|
|
Post by cosmic on Mar 7, 2011 16:13:19 GMT -5
Selling begets selling, I called the poll wrong because I figured we'd oscillate. However, with today's additional losses, the two day cumulative down on the indices has exceeded the 191 point up day.  As Clinton pointed out it was another test of trend support. My own gut says that the support is being tested and won't hold, so 1290 is still very much my thinking.  Picked up some SOL  Hope everyone made some money today and will do so tomorrow. Members, please post your results along with your RDA of smileys!  |
|
|
|
Post by jack on Mar 7, 2011 16:19:51 GMT -5
Got fitted for orthotics...like I needed a specialist to tell me I was "unbalanced"! lol
No trades but the goldmine is holding its own and big day tomorrow for FNSR...may "ring the bell" on my capital investment there and let the "House's money" ride.
|
|
|
|
Post by PoorHomey on Mar 7, 2011 16:26:58 GMT -5
On vacation this week - have a million things I need to get done but am in advanced procrastination mode.  Was up $96  Then down $40  Then down $200  Then down $305  Then down $190  Then down ~$50 for what seemed like forever. Then up $50  Then up $150 Then up $180  Very sloppy but I ended up emerging unscathed with +$60 today. ;D |
|
|
|
Post by demanuel2001 on Mar 7, 2011 16:35:14 GMT -5
Just another day in the LVS penalty box. Lightened up a lot so I can feel stupid when it goes back up. Looks like my "professional trading" in my after-tax account has now turned out to be breakeven for the past 6 months - yikes - kinda makes me wish I'd taken all my LVS positions off when I got on the Queen Mary 2. I think I've gotten soft in my trading style. Need to toughen up and tighten up. Down 4% today - now down about 1/4% YTD!
|
|
|
|
Post by demanuel2001 on Mar 7, 2011 16:37:03 GMT -5
Got fitted for orthotics...like I needed a specialist to tell me I was "unbalanced"! lol Us gimpy guys who've busted legs and other bits tend to need orthotics - they look awfully low-tech kinda like wedging some paper under a table-leg but they seem to work - though of course they charge plenty for them. |
|
|
|
Post by maxi on Mar 7, 2011 16:40:33 GMT -5
Bought 100 shares of FUQ(me)I..... Just for fun. I will either lose 10 percent or make a killing.....  |
|
|
|
Post by jack on Mar 7, 2011 16:44:10 GMT -5
Got fitted for orthotics...like I needed a specialist to tell me I was "unbalanced"! lol Us gimpy guys who've busted legs and other bits tend to need orthotics - they look awfully low-tech kinda like wedging some paper under a table-leg but they seem to work - though of course they charge plenty for them. You got it partner - a smashed leg in 10 pieces by a truck many years ago will do it to ya! Tried to get away w/ the $50-60 jobs by Scholls but no dice. Cost is $500...85% covered by BC/BS after the $350 deductible. They getcha coming and going.  |
|
|
|
Post by Rich on Mar 7, 2011 16:51:32 GMT -5
I haven't been here during the day so I can't really trade.
And I don't really want to until there's a discernible trend.
You gotta figure it's still Bernanke's ball....but it's third and long.
And the defense just brought in another back.
|
|
|
|
Post by Rothschild on Mar 7, 2011 17:01:25 GMT -5
Sold Udow +4.0%; Sold Ual +3%. I think if the dollar rallies further, one might consider buying the airlines stocks as a hedge. There was something for everyone today so Im pretty confident everyone made good money today. Bought Din and TYh before the close  Hope everyone made a bundle today and will continue to do so ad infinitum  |
|
|
|
Post by tajmahal9898 on Mar 7, 2011 17:16:39 GMT -5
was not a good day...
unrealized loss of 15 cents for ~30% on CSCO 18 March calls, i think it will go up and I can b/e.
main concern is short March short 18 puts, hope the pps do not go under 18...
|
|
seatoo
Commodities Trader
Posts: 168
|
Post by seatoo on Mar 7, 2011 17:31:48 GMT -5
Returned from travel on Thursday. Felt too burned out to post before today. Jumped into GMXR at 5.56 and added to HK at 21.36 on Friday.
Today bought USSIF at .73
Getting a little concerned about how long to ride the oil trend. Maybe if Gadaffy becomes a non issue by whatever means, the oil price takes a tumble. And takes down the oil equities as well. Hope there is some warning ahead of time. Looks good for the moment. Up 1.5% on a down day for the mkt. Don't want to give it back.
|
|
|
|
Post by brosin on Mar 7, 2011 20:35:07 GMT -5
FFR was level overnight and over the weekend at .15% - remains in 'deployment on risk' territory. It feels like this right now:  My FAZ unlost a bit more and is creeping higher. When do I get to stop the pain?! Hopefully soon  No options trades although thought about some SPY monthly puts - a bit gunshy as I took a nice  on my attempt to play the weeklies in LVS. Plus I woke up too late to have a good feel after my vacation / today was my final day off, back to work tomorrow  monopoly world / big cap acct - no moves, strong day acct +6.9% - I remain 100% short but still holding all losing positions currently, so I wait.. |
|
|
|
Post by benvestor on Mar 7, 2011 20:48:59 GMT -5
Sold my 10 Exk 10strike march calls - bought at .15 sold at .50 Re-bought less this morning at .45.  That's all I am playing right now..  I'm pretty busy like most of us here, so there is not a lot of time to be trading! My wife is going to pop my baby boy out any day!!  |
|
|
|
Post by jack on Mar 7, 2011 20:54:39 GMT -5
Exalt ben for the "popping baby boy"!!! lol!
|
|
|
|
Post by benvestor on Mar 7, 2011 21:04:38 GMT -5
lol yes its a very technical procedure in which she will make a loud popping sound, then smoke appears and finally a baby boy is brought into the universe through cosmic storks
|
|
|
|
Post by clemsontygr on Mar 7, 2011 21:07:16 GMT -5
I'm up 270 % in my trading account YTD. Trimmed some SLW june 60's for 200 % gain  I'm expecting a short term pullbackinthe pm's... (2-4 days) at which time I will be reloading the boat again. Man I love these options Not bragging, just the facts mam ! |
|
|
|
Post by Clinton SPX on Mar 7, 2011 21:38:55 GMT -5
My account today reminded me of a joke.
"Did you know that Frank Sinatra saved my life? Some thugs were beating me in an alley, and Frankie walked up and said, 'OK boys--he's had enough."
|
|
|
|
Post by kbk3ck on Mar 7, 2011 22:02:38 GMT -5
Got my pants pulled down and my hide tanned!!!! Oooouch!!!!
Its ok, I convinced Kim to sell about 1/2 in pre-market for good gains.
So I dont feel too guilty for not getting her out yet. Just 1/2 guilty. LOL
|
|
|
|
Post by Clinton SPX on Mar 7, 2011 22:06:04 GMT -5
I'm up 270 % in my trading account YTD. Trimmed some SLW june 60's for 200 % gain I'm expecting a short term pullbackinthe pm's... (2-4 days) at which time I will be reloading the boat again. Man I love these options Not bragging, just the facts mam ! anyone up 270% deserves to brag |
|
