|
|
Post by cosmic on Jun 30, 2011 15:55:34 GMT -5
Nice finish to the day. I'm both surprised and happy that we've continued this up move, and as I said earlier I was upside down on this going into the holiday - so we'll probably move up tomorrow and downside if it's going to occur will be next week. Although I'm putting protective puts in place tomorrow before the close "just in case" some Euro-Craton goes goofy over the long weekend.  I sold 20% of my SOL today at 5.30-5.31.  No buys. Hope everyone made some money today and will do so tomorrow. Members, please post your results along with your RDA of smileys!  |
|
|
|
Post by huh? on Jun 30, 2011 16:17:26 GMT -5
Strange day. Most stocks I was watching were saying "buy, sell, buy, sell, buy, sell" all day long. But the S&P just said "buy and hold" and looked strong.
IWM and XLF both broke out to the upside. XLF did a succesful backtest late in the day, and it looks as if IWM might pull back just a hair to backtest its breakout.
I think we have some gap filling to do now, especially IWM and XLF, but I will stick with the direction the charts point to and follow those detour signs if I have to.
Had some trouble selling my long positions, all except Apple. I swear that order filled before I hit the Enter key!
|
|
|
|
Post by maxi on Jun 30, 2011 16:25:04 GMT -5
Already posted this but for the wrap bought some ACI and GTE
|
|
|
|
Post by Rich on Jun 30, 2011 16:34:55 GMT -5
Oscar would say something like " watch for the holiday reversal.
Boy, they are frying the shorts.
I'm glad I was repairing a chimney today because I would have shorted at lunchtime.
|
|
|
|
Post by Clinton SPX on Jun 30, 2011 16:35:49 GMT -5
Bull run ended yesterday for my dogsled
account up .2% BFD
|
|
|
|
Post by demanuel2001 on Jun 30, 2011 16:40:57 GMT -5
Well the month finished nicely with a 1-1/2% portfolio gain. Loss for the month was 5-1/2% of portfolio value - although most of that was in the IRAs for a change and the after tax account almost got back to even for the month. YTD the portfolio is down almost 12%. Cash drains for check writing continue on the after-tax account (latest upcoming charge is replacing the roof on my house). On the bright side this has been a great week so far. Still riding calls into tomorrow's LVS weekly expiration - although I dumped the $43 calls for chump change. Looking good going into tomorrow. Not 100% sure that Macao monthly gross gets reported tomorrow as it may be some kind of holiday - we'll see.
|
|
|
|
Post by Clinton SPX on Jun 30, 2011 16:47:27 GMT -5
BFD not to be confused with BTFD
|
|
|
|
Post by demanuel2001 on Jun 30, 2011 16:50:00 GMT -5
I thought BTFD was some new measure of energy production - perhaps some melange of BBD and TCF.
|
|
|
|
Post by sloop on Jun 30, 2011 17:56:40 GMT -5
SOLD all gainers and waiting for reversal. Ford was up almost a point in the last few days WITHOUT ME!! It has a lot of my money...damn it!! lol
|
|
|
|
Post by Clinton SPX on Jun 30, 2011 18:03:32 GMT -5
SOLD all gainers and waiting for reversal. Ford was up almost a point in the last few days WITHOUT ME!! It has a lot of my money...damn it!! lol I agree all down hill from here. |
|
|
|
Post by exabi on Jun 30, 2011 18:37:22 GMT -5
No trades, unlost a bit more on LVS, ungained on CLNE, flat on PAL
|
|
|
|
Post by timber on Jun 30, 2011 19:03:32 GMT -5
SOLD all gainers and waiting for reversal. Ford was up almost a point in the last few days WITHOUT ME!! It has a lot of my money...damn it!! lol the market might surprise you sloop |
|
|
|
Post by puurfectten on Jun 30, 2011 22:52:45 GMT -5
well..that whole thing sucked...got to take a ride down ole colonoscopy road this week...  ..rolled out of my vxx 23 calls into the 22's..kinda like rolling off the mattress onto the floor...down 60%...now gonna be like rocky balboa...  ..i need to be more patient...  |
|
|
|
Post by davetherave on Jun 30, 2011 23:42:33 GMT -5
I was up 1%. ;D I added a little DEXO. I bought some SDS on the close for a hedge.  I was trying to add to my WNR on a breakout over 15cents. It never materialized (tomorrow?)  |
|
|
|
Post by kbk3ck on Jun 30, 2011 23:51:26 GMT -5
Made more on UPRO that i Got at $69. Looking good!!!!! My ERX and TNA July Calls are getting back to almost green. Didnt make shit on my ETP Dec Calls today. But Im up over 30% on them so its all good.    |
|
..rolled out of my vxx 23 calls into the 22's..kinda like rolling off the mattress onto the floor...down 60%...now gonna be like rocky balboa... 
