In the last post, I should have put sexy breakout time with a "?" vice an "!". nett to FMD Stock has retraced. Still in it though because it has not hit my sell point. Neither has VMW. I would post some stock for me to look at, but fact of the matter is I am typing this from my brother's computer right now. I borrowed it because my HP v3000 Laptop, due to a MAJOR DESIGN FLAW, overheated and damaged the processor. Processor will, randomly, go up to 100% use due to voltage spikes caused by the event. So, next chance I get, I will short the living F@#$ out of HPQ. So, in VMW and FMD it is until they trigger a sell...which maybe in the next few days...
Well, had to wait, but according to my rules, I am out of VMW Was in at 7.6x2 OCT 35 Call and now out at 3.8x2 Still in FMD. Got in at $3.89x100. Both trades are virtual due to emptying account due to a medical emergency a few weeks ago.
I am now officially out of FMD, it hit my stop level. A good thing too, since the market rallied a butt ton, and nothing happened... I am currently in Walmart OCT 35 CALLx2 Market is not trending really. Having problems finding trending stocks [WMT looks to be]. I am not good at playing ranging stocks. Also, taking the advice of someone on this board who I cannot remember to save my life, and practicing "daytrading" via an FXCM Demo account on FOREX. BEST.ADVICE.EVER...whoever you are!
Still in WMT and I got into SPN to. I bought 2x OCT 35 Puts. Market is dropping, but I have noticed a nice down market in Steel and an uptrending market in Chemicals. As a matter of fact, Chemical stocks seem to be the only thing going up [Other than Sterling, Eurodollar, and Yen] I have really nothing to add. Sterling: