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Post by cosmic on Apr 12, 2011 15:09:40 GMT -5
A big fat I don't think many were too surprised though Poll was weighted 9 bears to 4 bulls - I think everyone felt it. I don't think it's the buyable dip yet for this move. But each stock is moving independently with some reference generally to the indices so play it how you see it as always. SQNM is a buy here as a start. Nibble nibble ELON No other trades, still holding SQNM shares, calls, and short calls, BAC Aug calls, etc. 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 Apr 12, 2011 15:13:40 GMT -5
Finished the day better than I started - down only 1% of portfolio value. Most of my stocks were down. Scalped LVS a few times. Wrote a few Friday $43 puts.
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Post by brosin on Apr 12, 2011 15:46:59 GMT -5
no moves in real life although considered selling some more of my IRA - figured it was a bad day to do it with the market pretty red though. if there is anymore strength to come, i may go to about 30-40% invested from my current 60% invested level.. as for trading, still waiting on the FAZ trade from $45
monopoly world, a few moves on a pretty strong day in here - have seen 5 or 6 green days in a row. that hasn't happened for me since turning to the bear side, so at least 6 months i would say
bought to cover 50% of the remaining LNG position @ $7.60 & $7.55 for +9.3% on that batch; between yesterday and today, have cut 60% of the 6x short position.. still holding remaining 2.5x short position avg $8.36 / unrealized +10.4%
added to my IRE long @ $1.92 / avg $2.00 unrealized +6.8% on 2x long position (my only one)
after yesterday and today, i am 4% long, 94% short, 2% cash
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Post by Clinton SPX on Apr 12, 2011 15:53:15 GMT -5
My oil play this time around is TGC @.9898 I'll buy more at .85 if it drops
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Post by kbk3ck on Apr 12, 2011 17:24:27 GMT -5
Got killed again today. Down about 10% to 12% in the last 2 days. Bleeding to death very quickly. Oh well, may as well just ride it down to hell. Screw it. If I sell it will just turn around and haul ass up without me.
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Post by maxi on Apr 12, 2011 19:41:03 GMT -5
Silly futures look like this was a one day scare again. I bought a tiny bit of SSNS.
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Post by jack on Apr 12, 2011 20:00:17 GMT -5
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Post by kbk3ck on Apr 12, 2011 20:16:09 GMT -5
Me too Jack. I just realized I got till Monday to finish!!!!! That was a pleasant surprize!!!!
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Post by davetherave on Apr 12, 2011 21:22:16 GMT -5
NGDSold half of my position at 10.82 for a 7% gain Bought back half of what I sold at 10.40 EXK bought the rest I wanted to buy at 10.80 WNRBought some of this refiner at 17.22 just to make things exciting SDSIncreased this position by a third at 21.30....I did not like the broader market action in the last 2 hours of trading.
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Post by tajmahal9898 on Apr 12, 2011 21:26:11 GMT -5
No trades today..I should have close portion of the short CENX position but I didn't.
Short CENX position was up for decent unrealized profit. I will try to close some position tomorrow around 10 am EST.
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