Finally positive day this month. Sorry I didn't post past 3 days. Lost big bux, especially on that nasty move JDSU yesterday. I got my self in a big hole. Anyways, I have gone strictly charts now because my rebate stocks (sunw, Jdsu) are quite movers now. Plus the volitility in the market is good, gotta adapt and make gross. Was betting All In on Q's, triple bottom on Daily. Damn sellers didnt give up. Held it the whole way down, got out on the bounce, lost 2k GK
4 1000shares took alot of small losses. volatility died down alot towards the end of the day. that's it for the week.
+39 590 shares missed nice trades long and short on a few good stocks. entered a few at the right time, but did not know what I was thinking at the time I exited and missed nice bounce on Long NTMD and short on ISSX. feeling really bad after that for the day. ok at least not lose today. For the week, 4 days up and 1 day down. Major issue: As usual, always missed big gain. Still don't know how to maximize gain. Today's trade: -------------------------------------------------------------------- 1 11:02:20 10/07/2005 BUY 100 shares of NTMD at 19.92 2 11:04:37 10/07/2005 SELL 100 shares of NTMD at 19.99 3 11:30:03 10/07/2005 SELL 100 shares of ISSX at 23.69 4 11:52:06 10/07/2005 BUY 100 shares of ISSX at 23.60 5 12:42:59 10/07/2005 BUY 100 shares of HIW at 27.88 6 13:00:44 10/07/2005 SELL 90 shares of SCHN at 31.96 7 13:20:12 10/07/2005 BUY 100 shares of CKCM at 15.17 8 14:06:27 10/07/2005 SELL 100 shares of CKCM at 15.32 9 14:09:31 10/07/2005 BUY 90 shares of SCHN at 31.74 10 14:10:19 10/07/2005 SELL 100 shares of HIW at 27.84 11 14:18:55 10/07/2005 BUY 100 shares of CKCM at 15.10 12 14:21:27 10/07/2005 SELL 100 shares of CKCM at 15.15 -------------------------------------------------------------------- P/L: 51.81 Commissions: 12.35 Net P/L: 39.46
Breifing paid for itself today ill say! When the union president said bankruptcy was enevitable on DPH me and the guy next to me managed to get 8000 short at 1.33. I made about 1000 there (2000 easy if i didnt have stupid swift mentality), and then from that point on just scalped it with 1-5k blocks. The ECN's were all over the place and the spec is sooo slow he arbs for such easy money. I almost got raped when the second part of news came out about trying to avoid bankrupcy. I had 2500 short at 1.21 and it was trading around 1.17, but i had to market out and got flipped 1500 long at 1.32. Got that out .41 and .47 so the loss wasnt too bad. Funniest thing though, a guy in our branch got stuck and put in WAY too many orders and got flipped 33,000 shares at an average of about .32 i believe. He got it out with an average of about .39 (manager came over and started pounding him out) and finished up 2600 bucks. More bankruptcies please!
Not bad again today. Nice day Szeven, caught a good portion of that DPH move. I got rocked on RIMM as it reopened, lost $2 on it on 300 share default. Luckily made it back on the DPH madness. Good weekend guys TachyonTrader
Szeven, very nice trading. today and yesterday were about the same, as made little in normal account, but the other account did good considering the amount of shares traded. have a great weekend, all. patrick