Don's Openings, Part 6 2003

Don Bright · Dec 15, 2003

Quote from lescor:

7 longs, 16 shorts. 17 wins, 5 losses, 1 scratch. +$2.44 .9% envelope on both sides.
Grossed $3500 on 94,000 shares, despite losing a grand each in CLX and MMM (ouch!).

I cut the list down to 121 stocks, but still had a few more fills than comfortable with. I ran out of screen space to watch them all, and had to trade more off P/L, which I don't usually do. I tend to take profits quicker when I do that, since my biggest fear is being caught leaning heavily to one side on a market reversal and not able to exit quickly enough.

Corey
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Kept you excited this morning, eh? Good Job!

Don

XGGTrader · Dec 15, 2003

You are truly an inspiration ! Thanks for the info ....

best regards

seisan · Dec 15, 2003

.6% envelope; 3 fills - 3 shorts; +.36, or +$720.

BT Boot Camper - so, still learnin', lescor.....

Don Bright · Dec 16, 2003

Textbook opening...
3 for 3 winners...TWX, WMT, and HPQ + 320.

Thanks Vhen for helping with the questions....I thought by now that "everyone" knew what we were doing ...."but don't tell anyone else'...LOL

Back to work..

Don

seisan · Dec 16, 2003

.3% envelope; 2 fills - 1 short, 1 long; +.16, or, +$338

lescor · Dec 16, 2003

I don't usually post individual day's results, but these last few days have been wild. I know from past experience that options expiration week is generally very good for openings. I'm sure all the open interest at the 1060-70 strikes helped yesterday, and today things were rocking again. Yesterday was the best day of the year for me, and today beat that.

9 longs, 5 shorts. 11 wins, 2 losses, 1 scratch, grossed $2.39. 7 of those wins were in the 20-60 cent range.

Don Bright · Dec 16, 2003

Quote from lescor:

I don't usually post individual day's results, but these last few days have been wild. I know from past experience that options expiration week is generally very good for openings. I'm sure all the open interest at the 1060-70 strikes helped yesterday, and today things were rocking again. Yesterday was the best day of the year for me, and today beat that.

9 longs, 5 shorts. 11 wins, 2 losses, 1 scratch, grossed $2.39. 7 of those wins were in the 20-60 cent range.
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I hope you're "upping your share size" to convert the profits to cash!

Continued good work.

Don

Don Bright · Dec 17, 2003

Only TXN this morning...

6 cents, quick in/out: +$120

Don

seisan · Dec 17, 2003

.3% envelope; 1 fill - long; +.06, $120.

No Open for me tomorrow; maybe Friday...

Don Bright · Dec 18, 2003

Quick one today....TXN good (I was too slow getting my slingshot cancelled, coulda made a bunch, settled for 7 cents).

2 for 3, up $280

Don