A 70k bet that I can't make a 50% gain in 2009

11:53 1200 DIA EXIT 85.16
P/L -4.04

*stopped b/e due to doldrums

 

6/17/09:


2:08 1200 SPY SHORT 92.10
STOP 92.25
TGT 91.80

 

6/17/09:

2:20 1000 SKF BUY 43.78
STOP 43.58
TGT 44.18

 

6/17/09:


3:00 1000 RIMM SHORT 77.52
STOP 77.72
TGT 77.12

 

6/17/09:

Total P/L -196.74
6 trades
1 win
3 losses
2 b/e


* 600 SDS long hit tgt to the penny (.24) then reversed. I tried to exit and got 100 shares out at .24. The remainder exited at .67 (+.03 over entry). Total: +61.10

* DIA (long at 85.15) I moved my stop to b/e after it ran close to tgt and it was doldrums. I stopped out b/e (.15) ..DIA went .02 lower, then turned and went right to my tgt.

* SKF long and SPY short both stopped me out and within 2 minutes of stopping me turned off the pivots then moved up into tgt's.

* RIMM short stopped me out then reversed hard and went to tgt.


4 good trades in my opinion, just missed by inches. I was glad that I was seeing the market well though.
(Like the guy getting shot down at the bar by the drunk girl saying "I could have easily banged her".........not from experience of course...just what I've heard.)

 

6/18/09:

Thurs. Watchlist:

Longs: V POT DELL FISV NVDA BAC AA JPM

Shorts: AMGN BIIB AMZN CEPH BIDU DISH PDCO AAPL

 

6/18/09:

9:32 200 POT BUY 95.53
STOP 94.53
TGT 97.53

 

9:55 200 POT EXIT 97.53
P/L +383.07

 

6/18/09:

10:54 1200 JPM BUY 33.65
STOP 33.49
TGT 33.97

 

6/18/09

11:18 1200 SPY BUY 92.24
STOP 92.09
TGT 92.54