Current Bench The two players (stocks) below were included in Monday's squad. Though they were omitted from Tuesday's squad for liquidity reasons, they have qualified to sit on the bench . TX Drtn: Long Entry: 36.22 Date: 06/11/07 Stop: 34.40 KLBAY Drtn: Long Entry: 41.10 Date: 06/11/07 Stop: 39.04
Hi Sashe. Good question. FAB TEAM attempts to capture the initial thrust of a move and will exit when it thinks there is a high probability that the initial thrust is over. In such cases, I will exit five minutes before the market closes. For convenience, in this journal I will always report the close as the exit price. FAB TEAM will exit a position prematurely on several occassions, but hey that's what trading is all about .
Wednesday 11/07/07 Squad List Stock Bias Entry Price (Stop-Limit) TTM Long 18.37-18.38 MSFT Long 36.70-36.72 GS Long 224.29-224.34 MTG Short 18.94-18.93 LCAV Short 17.39-17.38 ERIC Short 29.94-29.93 **FWLT Long 141.40-141.43 **NOVL Long 7.42-7.43 **SAY Long 28.43-28.44 **EK Long 25.78-25.79 *Will sit on bench if entry is triggered - liquidity. **Will sit on bench if entry is triggered - observation.
Current Team CIEN Drtn: Long Entry: 47.07 Date: 05/11/07 Stop: 44.24 Qty: 350 Cost: $16,474.50 MOS Drtn: Long Entry: 69.04 Date: 06/11/07 Stop: 65.58 Qty: 280 Cost: $19,329.47 MON Drtn: Long Entry: 94.38 Date: 06/11/07 Stop: 89.66 Qty: 210 Cost: $19,820.46 ERIC Drtn: Short Entry: 29.93 Date: 07/11/07 Stop: 31.43 Qty: 300 Cost: $8,980.213
Ex Benchers KLBAY Drtn: Long Entry: 41.10 Date: 06/11/07 Stop: 39.04 Exit: 41.00 Date: 07/11/07 Return: -0.25%
Thursday 08/11/07 Squad List Stock Bias Entry Price (Stop-Limit) MSFT Long 36.20-36.22 CRM Long 52.17-52.18 SOHU Long 60.86-60.88 TKC Long 23.93-23.94 MCD Long 59.92-59.94 ADBE Long 47.36-47.38 MTG Short 19.21-19.20 LCAV Short 17.49-17.47 **NOVL Long 7.26-7.27 **GS Long 222.02-222.06 **JAVA Long 5.31-5.32 *Will sit on bench if entry is triggered - liquidity. **Will sit on bench if entry is triggered - observation.
Current Team CIEN Drtn: Long Entry: 47.07 Date: 05/11/07 Stop: 44.24 Qty: 350 Cost: $16,474.50 MON Drtn: Long Entry: 94.38 Date: 06/11/07 Stop: 89.66 Qty: 210 Cost: $19,820.46 ERIC Drtn: Short Entry: 29.93 Date: 07/11/07 Stop: 31.43 Qty: 300 Cost: $8,980.21 TKC Drtn: Long Entry: 23.94 Date: 08/11/07 Stop: 32.73 Qty: 830 Cost: $19,860.81 MTG Drtn: Short Entry: 19.20 Date: 08/11/07 Stop: 20.17 Qty: 550 Cost: $10,563.81 LCAV Drtn: Short Entry: 17.47 Date: 08/11/07 Stop: 18.35 Qty: 600 Cost: $10,487.40
Ex Players IBKR Drtn: Long Entry: 29.15 Date: 05/11/07 Stop: 26.23 Qty: 340 Exit: 28.99 Date: 06/11/07 Return: -0.55% MOS Drtn: Long Entry: 69.04 Date: 06/11/07 Stop: 65.58 Qty: 280 Exit: 71.09 Date: 08/11/07 Return: +2.98%
Squad List There is room in the team for one more Long & two more Short players. Players are listed in order of preference. If and when the team is filled, all other players that satisfy the entry requirements will sit on the bench. Stock Bias Entry Price (Stop-Limit) SYNA Long 60.35 60.39 ZRAN Long 24.79 24.81 NDAQ Long 47.85 47.88 ADBE Long 46.30 46.33 GS Long 218.64 218.77 PMI Short 9.66 9.62 RDN Short 8.82 8.77 PHM Short 12.04 12.01 ALTR Short 18.69 18.66 ABK Short 22.69 22.62 XLNX Short 22.86 22.83