The Super Terrific Happy Hour

Discussion in 'Journals' started by Max E., May 19, 2017.

  1. vanzandt

    vanzandt

    2431 and moving up on Yellen remark.
     
    #611     Jul 12, 2017
    Max E. likes this.
  2. Max E.

    Max E.

    Well im pretty much done now guys, holding on too 1 more ES contract, all out of CARA, up a thousand bucks an hour before market open on my first day back, im happy!!
     
    #612     Jul 12, 2017
    Chuck Krug likes this.
  3. Max E.

    Max E.

    I think i really need to start just trading the ES at 3 in the morning, for some reason i become incredibly lucid when im high as a kite, and can read the tape when its slow, but once again i nailed the ES 3 hours before market open, i hate to toot my own horn, but i really need to kick this up a notch, ive been making the overnight market my bitch on the ES.

    Still holding 1 not going to be massive either way, but this things going 2440 almost guaranteed.

    ES.png
     
    #613     Jul 12, 2017
    Chuck Krug likes this.
  4. Max E.

    Max E.

    out the rest 2436..... monster morning!!!
    NRG looks like the next victim.
     
    #614     Jul 12, 2017
    vanzandt likes this.
  5. vanzandt

    vanzandt

    CARA cracks me up. I mean for real, for the most part the people trading this thing know diddly sh*t about this company,... they just jump in and out. Its a game. Its like betting on the ponies. AMD is the same way. How many people actually understand the race to 7Nm in the chip making biz? 1 out of a billion? Nobody knows wtf is going on.
    Its comical. :D
    Good job Max!
     
    #615     Jul 12, 2017
    Max E. likes this.
  6. Max E.

    Max E.

    long just 400 NRG at 19.07 willing to add if it looks like its popping twenty, but stop below 18.50.

    Im already having a huge day so dont want to fuck with it too bad.

    also CNX and BHI werre energy names i had listed from last night.
     
    #616     Jul 12, 2017
  7. vanzandt

    vanzandt

    Don't stay too long Max on NRG. This things a turd bro. 17.7 Billion of debt. Zero EPS....
    If it pops $20 I'm fading ya my Canadian friend.
    They are selling assets to clean up a crap balance sheet.
    Thanks for the heads up.
    Keep that stop tight!
     
    #617     Jul 12, 2017
  8. Max E.

    Max E.

    out NRG 19.50
     
    #618     Jul 12, 2017
    vanzandt likes this.
  9. Good call on ES, Max!
     
    #619     Jul 12, 2017
    Max E. likes this.
  10. No f'ing way! I just sold TTM for 2.27 (BxA was 2.05 x 2.35). I stuck my limit order at 2.05 (this thing has so little liquidity that if you try to walk a limit order towards the bid, the spread will widen).

    That's a 141% gain. Would have 117% at my limit order. Yay for 24% gains on a lucky fill!

    Gotta love when you place a close order expecting the commissions to hit your bottom line, and the market value goes...UP :D

    The doji on the Bombay chart could very well signal this one continuing sky-wards tomorrow, but it could also signal reversal. It wouldn't be the first time that opportunistic bullishness in NY was punished by India on this one. I'm happily out of this one either way.
     
    #620     Jul 12, 2017
    Max E. likes this.