Opening Orders - 2008

Discussion in 'Journals' started by Don Bright, Jan 3, 2008.

  1. WOW I didn't realize you got that much there thanks for posting the pic !!! Enjoy it LOL

    T & TWX good today +12 +11
     
    #1411     Dec 18, 2008
  2. Major stocks like GE mainly...never forex, a few trade e's.


    Don
     
    #1412     Dec 18, 2008
  3. EMZ

    EMZ

    4 fills short, 3 wins, 1 scratch, +0.05 avg

    re: preopen prints
    Yes another piece of info, but also highly subject to interpretation. It shows some interest in the stock, possibly due to news.
    As an example, T and PRU preopen today.
    T was printing around 28, bellow its projected FV. But it opened high at 28.80 for a short fill that worked out nicely. T had some general news.
    PRU was printing around 29.72, above its projected FV.
    It opened even higher at 29.95, it quickly printed very few shares a bit lower, then it run up and did not look back. PRU had no news.
     
    #1413     Dec 18, 2008
  4. 17 orders, 6 fills. , 4 wins , 2 loses. Wins: T, DIS, DD, MRK Loses JNJ, KO. I lost the most on JNJ which kept going up. I could have gotten out of KO at a profit but got confused with the controls and ended up buying 1000 more shares. Got PL of $65 but when include commission lost $25. Per share: 007222
     
    #1414     Dec 18, 2008
  5. JPRDT

    JPRDT

    JNJ and PRU both destroyed me today, without any news before the open! Besides the announcement (which was later in the morning) does anyone know why these went so crazy?
     
    #1415     Dec 18, 2008
  6. JPRDT

    JPRDT


    In my limited experience I have noticed Expiration day to be good, but I thought it was just a fluke, historically has it been good?
     
    #1416     Dec 18, 2008
  7. If I would have waited - KO broke even at 9:38 and JNJ broke even at 12:45. I could have made 40 cents on KO. It's hard to tell how long to wait.
     
    #1417     Dec 18, 2008
  8. We just said that sometimes it happens for no real reason. Play the numbers. Loss happens.
     
    #1418     Dec 18, 2008
  9. Could you have sustained that up move not knowing it would go back down? We have to make decisons based on current info, no cristal ball.
     
    #1419     Dec 18, 2008
  10. Only 4 fills, 3 winners +10 cents....


    A bit disappointing for expiration day...hopefully end of day will be good. S & P adds/deletes might help.

    All the best everyone...

    Don
     
    #1420     Dec 19, 2008