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Post by cosmic on Mar 31, 2011 15:12:17 GMT -5
I have never been more happy to see a month end than this March. I'm not even sure why, I just know I sighed in relief when I typed that date up above.  Even worse I nailed the squiggle call today. And have got the direction right at least a few times in the last week or so lol. Things are looking up!  I put some money into some front-month calls on DNDN. I feel that the stock will initially pop with some pullback, but as the revenue stream starts to become more clear for Provenge, and that $93K price tag starts to sink in, that stock is going to do a JAZZ. I did a post last night on DNDN.  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 demanuel2001 on Mar 31, 2011 15:21:59 GMT -5
Finished the month with about a 1.5% decline for the day. Mostly LVS of course. Scalped LVS shares once. Wrote some May $42 puts for $2.92 premium. Dollarwise and percentagewise this is my worst month in the past 2 years. Down 12% MTD and down 5.5% YTD (actually more like down 4% - need to adjust for moving that money out of my 403b last month). Actually this was a pretty good week for me so far.
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Post by bellevuetrader on Mar 31, 2011 15:50:41 GMT -5
I've never been so happy to see your 3/31/2011 Q1 wrap up...never thought the world was gonna make it to this day! Things were looking pretty bleak earlier in the month. Glad everything is back to normal again...wouldn't want a nuclear meltdown or anything to occur! No trades for me...I'm waiting for Obama or Bernank to disappear...then we can get back to a more normal market where it moves up AND down!
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Post by sloop on Mar 31, 2011 16:35:49 GMT -5
happy to be closer to summer thats for sure.
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Post by kbk3ck on Mar 31, 2011 17:07:12 GMT -5
My 200shares ERX were WAY up to $93.16 early on.  Closed at $89.78 or down .51%  My 100 shares SOXL closed down 2.55% Glad I didnt dump my GLNG calls yesterday!! The stock closed UP 5.57% today!!! I need to go calculate my calls up %. Im probably in the 30% to 35% range now. ;D ;D Update: the bid is $7.80 and ask is $8.40. Lets call it $8.10 I bought them at $5.50 Thats 47%!!!!!!! Shweeet!!!!  |
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Post by maxi on Mar 31, 2011 17:17:22 GMT -5
Sell the calls now and take the profit. What are u waiting for? Isn't is true that the closer you get to expiration the more the TP erodes?
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Post by kbk3ck on Mar 31, 2011 17:19:08 GMT -5
Im with Cos and Bell ans Sloopy. March sucked but I made back almost all my losses and am back up a healthy amount for the year. April? I feel its a given. 3X Long and Long Calls all month. How yall feel about May?
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Post by kbk3ck on Mar 31, 2011 17:20:25 GMT -5
I hear ya Maxie. Will probably do it in the morning. Caint sell them things in AH can ya?
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Post by maxi on Mar 31, 2011 17:24:00 GMT -5
Not sure. Never play options. Just know about them.
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Post by timber on Mar 31, 2011 17:24:10 GMT -5
march was a good month for me joe
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Post by kbk3ck on Mar 31, 2011 17:29:00 GMT -5
march was a good month for me joe Thats because you ROCK, my friend.  |
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Post by kbk3ck on Mar 31, 2011 17:37:28 GMT -5
Finished the month with about a 1.5% decline for the day. Mostly LVS of course. Scalped LVS shares once. Wrote some May $42 puts for $2.92 premium. Dollarwise and percentagewise this is my worst month in the past 2 years. Down 12% MTD and down 5.5% YTD (actually more like down 4% - need to adjust for moving that money out of my 403b last month). Actually this was a pretty good week for me so far. You are a good trader Deman, you will be back on top very soon. I went and did the math. I went back and looked at my account bal on 1-3-11 and today. Im up 16.26% from then. I remember telling that I was up by 12% this year back in Feb when my balance was higher than it is now. So apparently I was dranken that day. LOL |
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Post by jack on Mar 31, 2011 18:40:34 GMT -5
Holy canoli...I just realized a trade went thru and I made $80!!!
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Post by kbk3ck on Mar 31, 2011 18:41:56 GMT -5
Im dranken now and feel an XtraNormal video come'n on. Yall got any requests for subject matter or name dropp'en. Remember, this goes on Youtube too. ;D
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Post by maxi on Mar 31, 2011 18:50:50 GMT -5
Memememe! i love it when u make me famous!
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Post by kbk3ck on Mar 31, 2011 18:53:06 GMT -5
Maxie is IN!!! Who else?
;D
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Post by davetherave on Mar 31, 2011 18:56:43 GMT -5
Well it was one of those day's.... I bought a larger position in PCX than I should have thinking it was going to be a day trade (at least on a portion of it). I really thought it was going to take off. I ended up selling a portion of it near the close. Now it's tomorrow's biz. Enjoyed nice gains in EXK and NGD. LULU took a breather and pulled back slightly after it's monster move. Had a great quarter. Will be back with the results. The guys on the other floor are working out the numbers now....well sort of.  |
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Post by kbk3ck on Mar 31, 2011 19:02:31 GMT -5
Well it was one of those day's.... I bought a larger position in PCX than I should have thinking it was going to be a day trade (at least on a portion of it). I really thought it was going to take off. I ended up selling a portion of it near the close. Now it's tomorrow's biz. Enjoyed nice gains in EXK and NGD. LULU took a breather and pulled back slightly after it's monster move. Had a great quarter. Will be back with the results. The guys on the other floor are working out the numbers now....well sort of. Hope they save some beer for ya on the "other floor". |
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Post by exabi on Mar 31, 2011 19:16:53 GMT -5
D-Rave, You might have a day or two to get out of PCX in the green if it trades in its normal fashion....it's almost punching its upper BB, and usually drops afterward.  FWIW |
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Post by davetherave on Mar 31, 2011 20:50:14 GMT -5
Well it was one of those day's.... I bought a larger position in PCX than I should have thinking it was going to be a day trade (at least on a portion of it). I really thought it was going to take off. I ended up selling a portion of it near the close. Now it's tomorrow's biz. Enjoyed nice gains in EXK and NGD. LULU took a breather and pulled back slightly after it's monster move. Had a great quarter. Will be back with the results. The guys on the other floor are working out the numbers now....well sort of. Hope they save some beer for ya on the "other floor". kbk3ck, I guess you don't get what I mean about the "other floor" and the sorts of handiwork they do there. exabi, Thanks for the chart and for your interest in my PCX trade. I took a tiny loss on a piece of the postion. I just had too much of it to hold over night. We will see how it plays out in the morning. -Dave |
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Post by maxi on Mar 31, 2011 20:55:12 GMT -5
Dave I don't think any of us get it......  But it did cross my mind that you are a full time trader........ if u know what i mean..... |
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Post by davetherave on Mar 31, 2011 21:08:45 GMT -5
Maxi and Co.,
The "Other Floor" is the special place where great performance numbers are created regardless of real life happenings. There was an "Other Floor" visited by some forensic specialist fellows a few years back. Sound familiar?
.....and no... I don't have an "Other Floor"....LOL ....but I did have a nice quarter......really I did....LOL
-Dave
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