Don's Openings Pt. 2

Discussion in 'Journals' started by Don Bright, Mar 5, 2002.

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  1. Hitman

    Hitman

    Lol, I missed that piece of news :-(

    I was looking at briefing and I didn't see it, stupid me. I thought I heard something on CNBC about GE . . .
     
    #151     Mar 21, 2002
  2. nitro

    nitro

    Correction, he manages 250 - 500 _BILLION_ dollars.

    nitro
     
    #152     Mar 21, 2002
  3. nitro

    nitro

    Ahh,

    The story is in today's WSJ - Money and Investing, front page.

    nitro
     
    #153     Mar 21, 2002
  4. Quick 4 for 4 today. Via.b, BMY, TXN, PFE, (just to help those interested).
    Out in 7 minutes!!
    +1320.
     
    #154     Mar 22, 2002
  5. mgkrebs

    mgkrebs

    4 fills, 2 wins 2 losses - one bad actor in the group,

    -49 cents net after commissions. Ended a 7 game win streak. (did not trade yesterday.)

    My exits sucked- I probably got a little flustered by the one stock that was misbehaving. Shoulda made a little.

    Still a positive week, can't complain (too much:) )
     
    #155     Mar 22, 2002
  6. Don thanks for posting the stocks. I had BMY on my list to short at opening at 40.81. However it was at the bottom of my list (which is growing) and I unfortunately left it out. That would of been a beautiful opening short because I would of rode that one down.

    What I like to know is how you profited on TXN on the opening today. TXN opened down and continued to decline from the opening. Did you use bullets on TXN.
     
    #156     Mar 22, 2002
  7. mgkrebs

    mgkrebs

    looks like it opened at 49.75 and spent next 8 minutes or so in profitable area before drifting down.
     
    #157     Mar 22, 2002
  8. Eugene

    Eugene

    Shortee,

    I thought the same thing but if you look close at the time and sale, TXN opened on the NYSE at 33.50 or so. Straight up from there. The first couple of prints were Nasdaq.

    Regards
     
    #158     Mar 22, 2002
  9. TXN opened at 33.50 (9:34:24), and I sold it at 33.77 (9:36:42).....?? Straight from my Redi....
     
    #159     Mar 22, 2002
  10. axehawk

    axehawk

    Don,

    Are you a little more reluctant to buy gap downs as opposed to shorting gap ups? Or do you give them equal weight? It would seem like there would be a lot more risk trading a gap down, (panic sellers want out and will keep hitting the bid on the way down once the stock opens).

    Ax
     
    #160     Mar 22, 2002
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