TODAYS EXECUTIONS: 16:11:32 AMAT SLD 2000 27.75 15:57:24 AMAT BOT 2000 26.89 14:01:45 MERQ SLD 2000 38.50 12:58:20 MERQ BOT 2000 38.11 OPEN POSITIONS: Long PALM 10000 3.63 -0.84 CLOSED P&L: $2,500 OPEN P&L: ($8,400) MTD: $41,710 YTD: $201,042 * AMAT seems to be setting the tone for a positive after hours and opening tomorrow. A few more positive reports from some of these popular beaten down techs, then expect this market to gather some steam and begin setting new supports. How long it will last is anyone's guess????
Yeah, but NTAP is getting whacked in AH, after earnings release. We will need a whole bunch of good reports. Short 1K AMAT 28.07, cover 27.50
No, I do not trade NASDAQ ever - but I am seriosuly considering bottom picking it near a dollar for a low risk trade intraday for .25 or so. The only thing is, I do not know how to spot momentum changes on NASDAQ stocks - and I though this might be a good one to learn on.... nitro
WCOM can be bottom picked but I don't like the risk of either holding it overnight if I don't get the pop OR forcing myself to liquidate at a loss because I didn't time my entry point just right.