FYI, we have made a shift to <font color="#C8A51A">"Caution"</font> with regards to our Market Direction call. This is a result of the Dow and the S&P 500 suffering their 6th distribution day or heavier volume decline in recent weeks. paysense
Ross. . .get a life. paysense Obviously these market events would deter some traders - oh that's right. . .it doesn't bother you at all since your website "Futures-systems.com" hasn't done ANYTHING all these months you stalk me. You are a loser! ...hard to believe I am hardly miffed by these events? :eek:
<b>Thursday, May 22, 2008 10:05 am EST Bought (3) PRKR Jun 10 (QERFB) call option contracts at $1.05 (ask). Sold 200 shares of PRKR (Parkervision, Inc.) at $10.40 (bid). Bought (1) LDK Jun 35 (LDKFG) call option contract at $8.65 (ask). Sold 100 shares of LDK (LDK Solar Co.Ltd.) at $43.30 (bid)</b> Taking more off the table - "locking in gains" and reducing margin. pS
More. . ."locking in the gains": <b>Thursday, May 22, 2008 10:30 am EST Bought (1) TITN Jun 20 (QTDFD) call option contract at $4.30 (ask). Sold 100 shares of TITN (Titan Machinery, Inc.) at $23.80 (bid).</b> pS
We ARE in "Caution" mode (simply to raise cash): <B>Thursday, May 22, 2008 11:10 am EST Bought (1) JRJC Jun 15 (JQJFD) call option contract at $3.65 (ask). Sold 100 shares of JRJC (China Finance Online Co. Ltd.) at $22.40 (bid).</B> p$
<b>Friday, May 23, 2008 10:10 am EST Bought (1) GTXI Jun 15 (GQHFC) call option contract at $0.90 (ask). Sold 100 shares of GTXI (GTX, Inc..) at $14.95 (bid).</b> Do NOT like to "hold 'n hope" when these biotech cos. blow up. Still made a decent profit of 5.4% in (1) week on the position! gA
<b>Friday, May 23, 2008 11:00 am EST Bought (1) FEED Jun 15 (FQZFC) call option contract at $0.85 (ask). Sold 100 shares of FEED (AgFeed Industries, Inc.) at $15.00 (bid)</b> Taking a loss as stock touches "stop-loss" target (stock purchase price minus option sell price) Preserve that cash! p$