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Post by cosmic on Jul 13, 2011 16:35:23 GMT -5
I'm surprised at this Moderate up day with it being an opex week. Might be the high of the week... I admit I didn't catch all the action today so I didn't see the overall strength or weakness of the move.  No trades.  Hope everyone made some money today and will do so tomorrow. Members, please post our results along with your RDA of smileys!  |
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Post by Clinton SPX on Jul 13, 2011 16:40:22 GMT -5
Closed most of my scalps green
BCON +5%
TGC +3%
Account up 1.6%
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Post by demanuel2001 on Jul 13, 2011 16:44:55 GMT -5
Well it would have been nice if the day had ended at noon but it didn't. Still ended up with a healthy 3% gain on the portfolio. Sold off a few of the calls I've accumulated on LVS. Got myself in deeper with betting on VXX to decline.
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Post by davetherave on Jul 13, 2011 17:07:36 GMT -5
I had a great day. Around 11:30AM my portfolio was up 8.5%. I gave about half back and closed up 4.4%. Not too shabby!  I saw sizable gains in AAU, NGD and UCO Two trades today: l sold half of my UCO and took half of those proceeds and added to AAU up here believe it or not. So, I raised a little cash but I am still long weighted heavily in commodity and shipping plays. It all could evaporate any day now. Walking the tightrope folks. FYI.... WNR ....I no longer own but it is still on my radar on a breakout.  |
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Post by novice08 on Jul 13, 2011 17:21:16 GMT -5
Holding the miners, am I crazy? Casino land getting very, very volatile.
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Post by exabi on Jul 13, 2011 18:11:04 GMT -5
Sold CLNE for 15% gain, and PAL for 19% gain. 5% realized gain on at risk portion of port, 93% cash.
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Post by huh? on Jul 13, 2011 18:24:08 GMT -5
I was surprised to see that I was up some today after that close. Didn't deserve it. Broke every single TA rule for selling that exists. Had signs to sell, over and over, yet I didn't. It wasn't emotion that kept me in...more like indifference. Account went up early and didn't move a whole bunch after that, even with that fall in the afternoon.
Call me crazy, but I feel more bullish today than I did yesterday. After looking at that close, I think Hammond might really be onto something with the rounded bottom pattern calls. I was anticipating a more definitive TA direction after today, but it wasn't so. Two broken bull flags in two days, but major support didn't break. I still feel that the market is about to take advantage of a major short squeeze.
Only had one buy order fill in pre-market, NBG, for another spec play. My major buys just won't fill. Even put an order in for FAS at $23.80 when futures started falling tonight, but couldn't get filled even on that one (it was close though).
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Post by Clinton SPX on Jul 13, 2011 18:41:39 GMT -5
Sold CLNE for 15% gain, and PAL for 19% gain. 5% realized gain on at risk portion of port, 93% cash. Excellent job |
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Post by tajmahal9898 on Jul 13, 2011 23:40:59 GMT -5
lucky for me, not sitting next to computer help today.. didn't repeat yesterday's mistake. Trade trigger closed short VXX position and long 22 VXX puts... still holding short VXX 23 calls.. this position might hurt... i should have closed it when I had a chance..
Realized profit of 2.4K
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