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Post by cosmic on Jul 22, 2011 17:06:20 GMT -5
Every single time I looked at the market today I thought "Wow this feels like an Opex." But what I can't figure out is why the week after opex still feels like opex.  Still watching MOBI tank and still holding short calls... still all working in my favor.  No trades today.  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 demanuel2001 on Jul 22, 2011 17:20:30 GMT -5
Coasting into (I hope) a triumphant LVS earnings announcement on Tuesday. Up about 1% today - did 4 scalps today (again 3 successful and one slightly unsuccessful) - also rolled some weeklies to next week. My"insurance" bet on August $24 VXX calls bled a little.
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Post by davetherave on Jul 22, 2011 17:50:05 GMT -5
Had a wonderful day today. Up around 3%. Trimmed NGD and bought more BOX.... I was also looking at DEXO for a purchase but decided to wait. Still long FTNT and also a few other names.
;D
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Post by sloop on Jul 22, 2011 18:00:49 GMT -5
Had to take a loss on GE I was up 2K then I feel asleep and woke up to a down market JNY was up
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Post by exabi on Jul 22, 2011 18:07:07 GMT -5
No trades today...99.67% cash, account up 0.0017% (POS ARNA).
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Post by maxi on Jul 22, 2011 18:10:42 GMT -5
Bought FFIV SWSH IPI
Holding GERN.
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Post by erxtrader on Jul 22, 2011 18:11:48 GMT -5
Bought FFIV SWSH IPI Holding GERN. Talk about having guts! |
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Post by huh? on Jul 22, 2011 18:14:40 GMT -5
Bought FFIV SWSH IPI Holding GERN. Talk about having guts! What you call guts, Maxi calls SKILLZ She's been on fire! |
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Post by maxi on Jul 22, 2011 18:16:13 GMT -5
Bought FFIV SWSH IPI Holding GERN. Talk about having guts! No guts. The new positions are completely manageable. All very small and I have over 50% cash. Remember I do not daytrade. When I do it is intraday and holding for only a few hours max. I don't want to piss anybody off here but I feel like an old soul in trading. I know exactly what I am doing and what my risk tolerance is. I have proved the doubters wrong over and over again. Your kind of trading with ERX THAT takes guts. I wish you much success... |
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Post by huh? on Jul 22, 2011 18:27:56 GMT -5
I'm disappointed with myself this week. Monday morning I wrote that banks should bottom at or near their BB bottoms and that they would then lead the market higher.
That's exactly what happened. I bought banks, but only about 50-60% portfolio average this week, and I faded them much too soon. Sold some Tuesday afternoon, more Wednesday and the remainder yesterday.
All in all, portfolio was up 2.5% this week, but should have been up about 10% if I had just held longer. (15% if I had just played a 100% fas position). Kept looking for that pullback that never came.
Not sure what to think...technically things look really strong except for the gaps and lack of backtesting. Still afraid of a massive pullback coming to backtest this entire move, but a true breakout wouldn't necessarily fill gaps or backtest every bullish pattern breakout.
Bought a little FFIV and big positions in LVS, FAS and PCX today near the close. Still hold spec plays PMI (blah!), ADK, BZH, NOK and SOL. Looking to average in more on Monday if there's any pullback.
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Post by puurfectten on Jul 22, 2011 18:35:05 GMT -5
picked up some aug vxx 21 calls...  ..if she drops i'll get more..  |
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Post by kbk3ck on Jul 23, 2011 16:35:15 GMT -5
Stayed up till 6am Thursday night posting videos and doing D&D. Went and played golf at 9am Friday morning with my son Bobby and cousine Pat. Got rained on hard on #3 and soaked to the bone!!! Then the sun came out and we got eaten alive by mosquitos and fire ants. We didnt keep score because of the turd floater that came ovetr and dumped 4 inches on us and all the new water hazerds and all, but I still squeezed out a 126!!!!
Went and ate Tex-Mex after that and saw that the market was up and down. Made great money on the day on SOXL calls and TYH calls. Hope every body made some too.
Went to a benefit today for my co-worker Monkey. He's ate the hell up with the big C. He is walken dead. Maybe weighs a buck ten. He made it to the benefit. Was able to walk around and have a few smokes and laugh some. One tuff sum bitch right there. Cancer in his lungs, spine, Liver and spleen. He had some good laughs today.
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Post by kbk3ck on Jul 23, 2011 16:47:19 GMT -5
Grabben some fish outa the freezer and meeten Kim over at Tinas. They wana cook out and hang out. I got nuthen better to do.
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Post by kbk3ck on Jul 23, 2011 16:49:44 GMT -5
Coasting into (I hope) a triumphant LVS earnings announcement on Tuesday. Up about 1% today - did 4 scalps today (again 3 successful and one slightly unsuccessful) - also rolled some weeklies to next week. My"insurance" bet on August $24 VXX calls bled a little. I would sell 1/2 LVS before earnings. |
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Post by kbk3ck on Jul 23, 2011 16:51:31 GMT -5
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Post by erxtrader on Jul 23, 2011 17:02:53 GMT -5
No guts. The new positions are completely manageable. All very small and I have over 50% cash. Remember I do not daytrade. When I do it is intraday and holding for only a few hours max. I don't want to piss anybody off here but I feel like an old soul in trading. I know exactly what I am doing and what my risk tolerance is. I have proved the doubters wrong over and over again. I like that spirit. Actually, it is not as risky as it appears for few reasons. |
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Post by kbk3ck on Jul 23, 2011 18:59:17 GMT -5
Actually, it is not as risky as it appears for few reasons.
Had to run back by the house and get another fan. Hot as hell at Tinas patio.
Lets hear your thoughts as to why its not risky. We all Know ERX could be $74 Monday morning. Waht do you know?
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Post by erxtrader on Jul 23, 2011 19:52:08 GMT -5
Actually, it is not as risky as it appears for few reasons. Had to run back by the house and get another fan. Hot as hell at Tinas patio. Lets hear your thoughts as to why its not risky. We all Know ERX could be $74 Monday morning. Waht do you know? This depends on one's trading strategy. I will type this out later - as of now, I need to run ... |
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Post by erxtrader on Jul 23, 2011 22:02:50 GMT -5
kbk3ck,
I sent you a PM.
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..if she drops i'll get more.. 
