Trading Journal - June

Discussion in 'Journals' started by Seanote, Jun 3, 2002.

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  1. moffitt

    moffitt

    Seanote
    I did not see your pre market comments today. Do you have any for this morning or the day?
    :cool:
     
    #291     Jun 14, 2002
  2. Seanote

    Seanote Guest

    I placed my order above the market on ISLD since the stock was gapping up to see if the market would come to me and it BARELY did then gappped back down. I was very fortunate on that trade to get out when and where I did.
     
    #292     Jun 14, 2002
  3. mbg

    mbg

    wow - nice exit!
     
    #293     Jun 14, 2002
  4. Seanote

    Seanote Guest

    Sure...buy QCOM before the market opens. Actually I didn't post any but I'll have something together in a few...
     
    #294     Jun 14, 2002
  5. But Nasdaq you can short on a downtick after the close or before the open at a price lower or higher from the close?
     
    #295     Jun 14, 2002
  6. Seanote

    Seanote Guest

    Yes.
     
    #296     Jun 14, 2002
  7. Seanote

    Seanote Guest

    Much like last week the market is set for another weak opening. The real test will come later today. If we get a sell off this afternoon the likelihood of a climactic sell off early next week would further increase the probability of a short-term bottom. On the other hand, a late day rally, similar to last week, would signal continued choppiness for the near term.

    Two Dow Stocks to watch are Merck and Johnson & Johnson. Both have formed large tops and broke significant support level on Wednesday and rallied in yesterday's down market. Unless they continue to show strength in the next few days there is a serious down side risk for these two stocks.
     
    #297     Jun 14, 2002
  8. Seanote

    Seanote Guest

    Short 2K KLAC @ 47.37
     
    #298     Jun 14, 2002
  9. Seanote

    Seanote Guest

    Covered 2K KLAC @ 47.37


    + .00 points
     
    #299     Jun 14, 2002
  10. Mike777

    Mike777

    Glad you came back and said that you were lucky because when I looked at the chart I thought, this guy is either 100x luckier than I've ever been or he's paper trading.:D :D :D :D I would rather be lucky than good.
     
    #300     Jun 14, 2002
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