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Post by cosmic on May 13, 2011 15:17:23 GMT -5
Hmmm... Friday the 13th, mega down,  Honestly what looked enticing today price-wise? Nothhhhhing. Some things are starting to look better, but I'm not buying too much yet. MP is STILL holding to 1150 but he's gotta be nuts, right? No one ever sells in May and then goes away.  I nibbled a few shares of SQNM at 8.22 and sold calls on the position at End of day (May 7's). Will break even on this position regardless if not make a few pennies, probably will just hold until Opex... wasn't a huge position and I'm not opening a huge position until it shows some vigor again.  Hope everyone made some money today and will do so on Monday. Members, please post your results along with your RDA of smileys!  |
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Post by Clinton SPX on May 13, 2011 15:20:39 GMT -5
Added to my FBM
account down .5%
Im Still A Bull
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Post by demanuel2001 on May 13, 2011 15:28:41 GMT -5
Well I did a couple of things right today. Sold out of 100 $41 LVS calls at just under the high of the day. (Then gave 1/4 of the gains on that away in my "called shot" of $44). Sold out my INTC for a small gain before it went lower. Redoubled down my position in FSII. Still I couldn't hold back the tide - when you're long you go down when the tide goes out. Down 2% on the day.
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Post by cosmic on May 13, 2011 15:34:18 GMT -5
Agreed D-Man - you just hope you're in one of the stocks that still has some upward pressure so it's not too bad.
But you know, if you're standing on the beach and the tide goes out... and out... and out... and out... and you wonder where the hell the ocean is going...
Don't go looking for it ok?
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Post by demanuel2001 on May 13, 2011 15:39:48 GMT -5
Agreed D-Man - you just hope you're in one of the stocks that still has some upward pressure so it's not too bad. But you know, if you're standing on the beach and the tide goes out... and out... and out... and out... and you wonder where the hell the ocean is going... Don't go looking for it ok? Not sure which is worse - death of starvation because the fish went away or death by tsunami. |
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Post by sloop on May 13, 2011 15:40:32 GMT -5
I'm a MEGA BULL bought 15K BAC and now hold 16K POT. POT was up and BAC down. Its so much nicer to hold a loser when you have a winner. LOL!!! EVERYBODY hates BAC but I just keep coming back. I'm like one of those battered women they just keep coming back. LOL!! POT i believe is a double in less then two years. I just need to get a job now...LOL!!!!!
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Post by tajmahal9898 on May 13, 2011 15:49:14 GMT -5
24 May2 VXX calls expired OTM -- I will record ~24K realized profit tomorrow.. YTD profit approaching 30% -- not there yet..
Holding 200 short May 23 VXX calls for ~1.2x (average)... time to take care of them next week.
Also, might have to rollover short 190 AMZN May calls
Have a nice weekend everyone..
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Post by maxi on May 13, 2011 16:20:43 GMT -5
Ridiculous but i did it. Scalped a few percent off of SWSH. I know I am crazy but I seem to be able to do this every so often.
CRUS was green on an APPL contract rumor and CEDC was green on a billionaire making a new buy. MWW never moves much. I think that is a good thing. This market is giving me the creeps but I am not selling my 3 little stocks.
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Post by exabi on May 13, 2011 19:02:07 GMT -5
Sinking kinda day...actually under the sink, replacing a garbage disposer. Port sinked a little today also, but not too hateful.
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Post by brosin on May 13, 2011 19:25:14 GMT -5
long term FAZ position only in the red by -80 cents / -2%.... could it be that I might actually escape? I clearly should've shorted FAS but this might actually work out after all... then again market could sky next week like usual lately when I get to feeling at all good
monopoly world also saw a glimmer of hope in that for the first time in a LONG time, i have 50% of my positions currently in the green (4/8 of them)
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Post by puurfectten on May 13, 2011 21:58:57 GMT -5
 ..bros..2%..lol..walk in the park brother..after opex..will be green.... 
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..bros..2%..lol..walk in the park brother..after opex..will be green.... 