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Post by cosmic on Apr 18, 2011 15:14:30 GMT -5
Happy tax day, nothing like a 150-250 point rout to make everyone feel dandy on Uncle Sam Love Day.     Remember it's a short trading week and options expire 4/21 not the 22nd. Markets are closed Friday April 22 for Good Friday.
Sold some LVS calls - Apr 21 45's, currently getting squeeeeeeezed by D-Man. He'll capitulate soon enough ;D No other position changes today although my broker called to make sure I felt ok about today's drop. His smooth, consoling voice was just what I needed to here as I aggressively (not) BTFD.  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 cosmic on Apr 18, 2011 15:15:39 GMT -5
Don't forget to cast your 3 (Three!) votes in the Steve Jobs 1-Sentence Biography contest ;D ;D ;D
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Post by demanuel2001 on Apr 18, 2011 15:20:32 GMT -5
In your dreams Cos! Another market equivalent of Mr Toad's Wild Ride today. My casino stocks saved the day for me - mostly LVS but also MPEL and my puts on MGM. Bought back my short on CENX for a modest profit. Bought some May MPEL $10 calls (after first blowing $200 buying the puts by mistake - duh!). Had some long-standing stock sell orders (from scalps that went wrong) on LVS that got filled today. Tap-danced around legging the buy back of puts and writing new ones at higher strikes or longer maturity. After the dust settled the portfolio was up better than 1% today (was down 3% early in the day).
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Post by tajmahal9898 on Apr 18, 2011 15:20:32 GMT -5
Good day at office..
sold 700 April4 29 VXX calls for average 74 cents..
unrealized profit of ~28,000 -- there is a potential for another 23K
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Post by davetherave on Apr 18, 2011 15:26:54 GMT -5
Down 2.7% today  Quite happy with Friday's sizable sales in NGD and EXK. Unhappy that I took off my hedge by selling SDS on Friday.  A couple of buys today - added a little WNR at 17.45 -added to HAL at 47.45 (somehow I duped an order in this today... ) One last thing.... listen to COSMIC and vote in the Jobs poll...vote for CTRL ALT DEL....that sentence is the bomb. LOL  |
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Post by Clinton SPX on Apr 18, 2011 16:48:20 GMT -5
WELL AT LEAST WE KNOW THE HOLIDAY REVERSAL WILL BE UP
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Post by Clinton SPX on Apr 18, 2011 16:49:04 GMT -5
Down 3.9% no trades
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Post by novice08 on Apr 18, 2011 17:02:24 GMT -5
No trades, down .7% mostly miners, but pslv rocked, up 5.92% due to higher premium and cef up 2.66% for anyone who wants to own the real thing.
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Post by jack on Apr 18, 2011 20:12:54 GMT -5
Good day (I only found out after the close): Those 118K shrs of CNL just became fungible from the Toronto Exchange (FINALLY) www.stockwatch.com/Quote/Detail.aspx?symbol=CNL®ion=CNow all we gotta do is survive to the next major geochemical survey (which is expected this quarter) - A2L said he'd marry me if it ever got to 15!  |
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Post by sloop on Apr 18, 2011 20:18:10 GMT -5
I bought more ENTR on the dip
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Post by crumbdon on Apr 18, 2011 22:28:43 GMT -5
My FAZ profits today were a hollow victory. I made a careless joke about it in the PPDT and managed to upset/offend one or more Fastopians. We made peace, but I still feel like a jerkhole.
Oh well, poor humor is all I'm good at, so I guess I'll look for someone new to pi$$ off tomorrow.
Still holding FAZ fromhigh 38's until bank earnings are done and SPX drops to 1275-85.
GL all!
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Post by sloop on Apr 19, 2011 2:03:48 GMT -5
Crum, Shit! I do it all the time!! Don't worry their cool. All will be forgiven.
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Post by jack on Apr 19, 2011 9:31:30 GMT -5
My FAZ profits today were a hollow victory. I made a careless joke about it in the PPDT and managed to upset/offend one or more Fastopians. We made peace, but I still feel like a jerkhole. Oh well, poor humor is all I'm good at, so I guess I'll look for someone new to pi$$ off tomorrow. Still holding FAZ fromhigh 38's until bank earnings are done and SPX drops to 1275-85. GL all! Congratz on your FAZ profits Crumb - yer a better man than I holding that POS in a 3yr bull mkt!!! |
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Post by brosin on Apr 19, 2011 10:10:51 GMT -5
that's better than me Crumb - I'm still holding FAZ from Jan @ $45
and in real life too, so i've just felt stupid for awhile
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Post by drtracyb on Apr 19, 2011 10:14:42 GMT -5
that's better than me Crumb - I'm still holding FAZ from Jan @ $45 and in real life too, so i've just felt stupid for awhile Well, you still believe in your FFR indicator. Do you still? |
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Post by jack on Apr 19, 2011 10:17:05 GMT -5
that's better than me Crumb - I'm still holding FAZ from Jan @ $45 and in real life too, so i've just felt stupid for awhile Feeling stupid with oneself is not a wise policy: 1. It biases decisionmaking, and 2. It eats at your soul. Be careful |
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Post by brosin on Apr 19, 2011 10:28:21 GMT -5
LOL, I don't mind feeling stupid - happens quite a bit!
I felt stupid for the last couple weeks of August after buying my FAS... got to a 20% unrealized loss there too (FAZ got to a 25% unrealized loss at my worst time I think) - ended up making out really well
I'm just as bearish now as I was bullish then, if not more so. So I'll just keep waiting
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Post by novice08 on Apr 19, 2011 11:02:45 GMT -5
Good day (I only found out after the close): Those 118K shrs of CNL just became fungible from the Toronto Exchange (FINALLY) www.stockwatch.com/Quote/Detail.aspx?symbol=CNL®ion=CNow all we gotta do is survive to the next major geochemical survey (which is expected this quarter) - A2L said he'd marry me if it ever got to 15! A line could form, jack.  |
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