Opening Orders - 2008

Small +$220....flat opening, covered GE waaaay too soon.


Don

 

I covered early on GE too. I was not sure if i even wanted to play it but i did it for experiences sake and it work out so i cant complain. Hind site is 20/20.

4 fills / 1 short / 3 long

4 wins +$210.00

 

Can you correct me if I am wrong for setting up envelops today you would have used:

Fridays sp close (eminins 133450 = 1334.50 s&P) + fair value 1.42 = 1335.92

Todays Projected Open 1332.00

= -0.29% ((1332-1335.92)/ 1335.92)

And then you set your envelopes from this to whatever you want.

 

Nice day.

5 fills all short

5 Wins / +$260.00

Happy Tax Appreciation Day!

 

5 winners, one stupid loser (AIG)...break even day.....no more AIG, he burned me last month one time as well, LOL.


Don

 

Tough day to report results
One fill WAT, all I can say ouch!
Can't find any news so did not block.

 

I just checked the chart...ouch is right. Its bound to happen. Hopefully you got out without too much damage. Did you have a pair?

 

No pair, no retraces either. Very tough...
Any suggestions on suitable pair?

 

Whats a pair? How do you have pair? Can you provide example? thanks

 

http://en.wikipedia.org/wiki/Pairs_trade