trade: 12/06/06 10:38:00 BOUGHT To Cover AAPL Market Day Executed @ 68.88 I felt my entry was not good enough to warrant full size.So lets take some profits right now +2.21 1/2 size Not too bad, This is my first time shorting in a few months Lets try to keep it steady for the next few shorting sessions, Was a little rusty on the execution this time, scared shitless more like it hahahah , but confident in the method. When aAPL moves , aapl MOVES!
REST of the position stop: 70.55 On one hand I feel this was a shitty trade because i did not start looking at it until it was a bit too late to short so no LARGE size was implemented :/ I don't know how that stop will hold but Profits have been taken, we are now riding on houses money so, who cares, lots of opportunities everyday, but long term opportunities are scarce, I feel I missed out on a nice big opportunity early in the morning. AAPL will never retouch $71 in months to come. Time to focus on the home builders.
Large short taken on ORCL 02/06/06 10:47:00 SOLD Short ORCL Market Day Executed @ 12.10 02/06/06 10:56:00 SOLD Short ORCL Market Day Executed @ 12.09 STOP 12.11
02/06/06 10:59:00 BOUGHT To Cover ORCL Market Day Executed @ 12.10 Covered 1/2 02/06/06 11:02:00 BOUGHT To Cover ORCL Market Day Executed @ 12.11 Market started to trend up. Got to work with the market
Broad market view: Uptrend Actually uptrend at the moment for the next hour or so. Short market view: Down Day market view: Downtrend (view can change anytime in minutes.) ORCL was a swing I want to be short on for awhile, I like this stock , this thing moves like a slug so I can position myself in and control risk.
HAHAH I shorted the ASK with a LMT order short 02/06/06 11:26:00 SOLD Short ORCL 12.10000 Day Executed @ 12.10 The mM must love me, god damn low risk proposition! STOP 12.11 CAN NOT GO WRONG. EVEN IF I LOSE I STILL well... I lose hehe :/ just a bit 5000 stocks, $50 10000 stocks $100 CAn't go wrong.
exited all ORCL 12.10 Breakeven. Market keeps uptrending, can't do much about it 11:00 CHOP propsition was too good to resist though hehe
AAPL's downtrending nicely Not a bad short after all Its all about prediction and price action and knowing what will happen next.