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Post by cosmic on Jul 18, 2011 15:46:18 GMT -5
Out of the gate ugly. Lots of stuff looked on sale but I couldn't bring myself to pull the trigger on anything new.  The MOBI calls are decaying nicely and may reach a level in the next day or so where I'll close out (early) or possibly consider some 9's - September? lol If the Aug calls have decayed to 0 and we're still going down, then 9's are where I'd play next. Even if the risk was getting called away, the position would have payed for itself quite nicely.  No trades.  Hope everyone made some money (or avoided losing some) 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 Jul 18, 2011 15:54:36 GMT -5
Not a good day for me. Down a shade under 3% for the day - mostly on LVS weakness - I expect to get it all back tomorrow and more after WYNN's positive earnings report. It's like shooting fish in a barrel IMHO.
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Post by huh? on Jul 18, 2011 15:56:50 GMT -5
Rough day, but ended better than it started. Added FAS, SOL, PCX and averaged into PMI. Portfolio down 3/4%.
It's going to be a "kbk3ck night" tonight!
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Post by Clinton SPX on Jul 18, 2011 17:35:03 GMT -5
Back from VA Beach
No Trades
Highlight PSUN +1%
account -1.3%
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Post by sloop on Jul 18, 2011 17:43:11 GMT -5
Traded in and out of Ford for a nice little gain still holding 50K JNY at 11.5
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Post by birthmark on Jul 18, 2011 17:50:28 GMT -5
Bought MOBI at 8.57 for a swing trade.
Added SCCO at 36 in LT account
Looking to add some BIDU before earning which I think will be very good.
GL
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Post by Rich on Jul 18, 2011 17:55:23 GMT -5
Looks like you were right, Clinton, broke down from that triangle, now resting just beneath resistance.
I kinda think it could do anything at this time. Not committed either way
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Post by puurfectten on Jul 18, 2011 18:43:21 GMT -5
holding calls on bac & gs...sweat my azzz off today..was like 300 degrees out...  |
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Post by davetherave on Jul 18, 2011 20:05:34 GMT -5
Down 3% due mostly BOX DEXO and AAU...I sold half of my BOX on friday, making a nice sale to fund the purchase of WNR....so not too bad. Two trades today sold JNY initiated position in BTU. Long: NGD AAU BTU DD AGU WNR AND DEXO  |
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Post by tajmahal9898 on Jul 18, 2011 22:04:08 GMT -5
traded VXX few times throughout the day, net loss of $240
now holding 5,900 short shares, b/e 22.95,
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Post by timber on Jul 19, 2011 5:04:19 GMT -5
im huge on the tvix short taj....no worries here
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Post by tajmahal9898 on Jul 19, 2011 6:08:31 GMT -5
thanks for the support Timber..
I will be in Europe for next 3 weeks, so would have limited access to real-time quotes. Hoping that VXX goes back to 21 by first week of Aug. Keeping fingers crossed.
GLTU
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