add more 30.25 hedge @ 1.3x long very confident. 200k on this position bbl, fully hedged, so nothing to worry about. Let the market play its game.
double checking this company a) not coming out with earnings - check b) not a pharmaceutical drug company in phase D -check actually , shit, earnings in 5 days, i can handle that. 5 days is a century from now ----------
30.60 The Music: http://api.ning.com/files/*HmLSi*ciUTp4rtArCShSMJ2viNoUYSoNswsyQAT1kI_/FortMinorRememberTheName.mp3 bitches i be out, i come back and count my money when the market closes this week. Trading is all about counting money. Less trading, More counting.
Don't need my hedge anymore.. Covering at a low price Covered my ES short HEDGE 1201.50 Entry: 1998.50 AVG HEDGE net: -.25% Current long postion POLY entry: 30.30 Current: 32.30 Long net: 6.6% ----------------- Total net: 6.4% now Naked long.
1) Plan for todays trading day and tomorrows= Any drops in stock price, add 20% more shares. 2) Prediction of price action = up next 4 days. 3) Analyze = earnings next wednesday (good) I'll be out before earnings. or scaled down drastically. I don't gamble with earnings, but I believe earnings will have 0 effect on the stock price, their financials are very public. Theres a lot of loose lips in a takeover merger. 4) Price target = $34.50 , sell out 1/3 , $35.50 sell out 1/3 , $36 , must sell out. Lets watch what happens
You guys like that cover I did early this morning ! Absolute bottom. Saved me good money Its scary how good I'm getting in trading....... Extremely precise timing.
add 60 poly 32.08 total 270k or so Make sure the position is big enough when you are right. - Soros. ---------------------- To make a small bet is an INSULT to experience.