Bought RHAT Oct 15 puts at 2.10 per contract. This play is purely speculative and not based on technicals. My reasoning is that RHAT's recent ascend has already been built into the stock's upcoming earnings. And the stock will exceed Wall Street's expectations. However, the price has already been factored in. Let's see what happens.
Hi coolweb, It's rewarding to be different. I've been a contrarian on many fronts of trading. I've been quite successful thus far.
ozzy, BA, MSEE, PHD, CTA. I feel so much better that I have those letters beside my name and everyone can see them. Life is good.
Hello Jack, I agree its good to be a contrarian, but you can not size up with that kind of risk methology. You can make money with many strategies but With no size you can never make the big money.
hi jack ... you might be a brillant and very rich MD from your practice and investments over the years but this comment of yours makes me nervous that the odds might one day catch up with you good luck to you in the future -First, I never trade anything that I'm not willing to hold. Second, if a particular trade goes against me, then I resort to dollar cost averaging. This strategy has done me the justice that I deserve.-
^IRX Buy 6.24 0.54 ^IXQ Buy 969.87 957.25 GOOG Buy 312.83 299.17 HD Buy 38.32 37.38 LUB Buy 13.32 12.66 ^AEX Sell 404.12 399.86 ^DJA Sell 3,521.34 3,465.42 ^DJC Sell 180.09 176.71 ^DJT Sell 3,696.85 3,615.61 ^DJU Sell 432.71 425.37 ^IXFN Sell 4,109.63 4,048.51 ^KS11 Sell 1,238.79 1,218.35 ^NWX Sell 240.81 235.81 ^SSMI Sell 6,938.54 6,871.06 ^SXAXPI Sell 280.26 277.24 ^XAU Sell 113.77 110.73 IBM Sell 80.36 78.64 PG Sell 57.99 56.89 QGEN Sell 13.30 12.86 T Sell 19.96 19.50 GL...I try hard anyways..