Surf's Special Situation Journal

No doubt--- closed /CL long out at 96.50.

Stops on AAPL short now placed at 703.25

Stops on JCP short now placed at 31.00

surf

 

Didn't you say this about stops? So...which one are you?

http://www.elitetrader.com/vb/showthread.php?s=&threadid=247038&perpage=6&pagenumber=27

 

extra special people.

 

For fun, I will talk about a real special situation. A long time ago I invested in HUN with no stops since I don't need stops for stocks only futures. The reason I invested in HUN was that they had a strong lawsuit against another company that signed a contract to buy them out, and backed out of the deal. The contract had a penalty for backing out of the deal, and the company buying HUN did not want to pay the penalty. Now at this time HUN was at $ 6/sh, and the law firm was so sure that they were going to win an easy victory, that they started buying millions of shares at market. Then the CEO started buying millions of shares. The stock fell to $ 3/sh, but then they won the lawsuit, and it rebounded to $ 9/sh, and I cashed out.

 

HUN

feb 2009

the low was 2 bucks a share ........

 

I am quoting from memory, you are probably right.

 

They also paid a very good dividend back then, so I was not going to sell out.

 

And this is why.....ladies and gentlemen....Surf has zero credibility. Comes in hours after Crude drops 150 ticks from his entry and claims to have only lost 20 ticks, which happened instantly after his price driver got him long.

This journal should be sent to chit chat.

 

Haters hate, traders trade--what can i say?

 

That either you are a hater and don't trade, or are a very bad trader as we can see from your CL trade.