The art of trading is: Don't lose money. <-- double checks his positions to make sure he didn't forget to sell any of the previous 2 idiots PXD RAI Don't be a bag holder, let some other idiot hold it.
========== Yes some oil/gas also; would rather cover shorts too soon than too late ; especially with XLE,OIH still above 50/ 200 day ma.
tradingbug: Thanks 02/08/06 12:05:00 IRIS 23.22000 Day Executed @ 23.22 mini Small size at the moment.
I made 1 mistake today. A bit too enthusastic about my swing trading. Lets try not to repeat it. R BEFORE P . But I did research last night , so I was covered.
murray, Oil sector will be down for a few more weeks, I guarantee you that Lets stalk it. I'm so ready, I've got tons of capital ready to bust in, I might be buying options. heres some nice oil stocks I got on my list XTO OIS OXY well I guess who cares, as long as its oil, that thing is going to rocket Man, this year we are going to make so much money. I might load up on OPTIONS as well, we'll see. When we roll, we roll BIG.
EOD swing positions: NARA 18.35 SWING AGO 25.55 SWING AGO added 25.53/4 MEDIUM IRIS 23.22000 SWING tradingbug, iris, today is a turning point for IRIS. STOPS: all around entry price.
--------------- ====================== Coolweb; Has been some fierce Feb selling, probably go down some more; HOWEVER sector - XLE may have found some support @ 50dma area. Probably prefer stock index derivatives more than options; better bid/ask, more liquid but XLE options are sure safer to swing /position trade for sure.
I am slightly bullish in this market, I will be adding many more positions tomorrow if the market allows me. murray, I would never swing XLE , there is no interest in protecting their forts.