Weinstein Trading and Fading

Discussion in 'Journals' started by Robert Weinstein, May 5, 2008.

  1. #561     Mar 3, 2009
  2. So Sorry Surf ... my finance operation is in Afghanistan hiding in the cave using ipod to trade ... we only take in private investors in Somalia .. definitely not up to your standard~

    have a good evening...

    Best Regards
    BG
     
    #562     Mar 3, 2009
  3. #563     Mar 3, 2009
  4. Thanks for inviting me to read your journal in elite forum and because of this forum..i'm able to meet cool guy surf... and get to know J who is my associate now...

    I am sorry of what happened ... mis-communication etc ... i think it's better to find someone else to assist me ... the" old-sayings... friends cannot work together is so true! At least it's true for us:)

    I wish you all the best and please take care... I can't read your forum often anymore because I am going to be very, very busy
    :D
     
    #564     Mar 4, 2009
  5. JB3

    JB3

    BG,

    Can you take your drivel to PMs or start your own thread?

    Seriously, nobody cares about your staff, your ipods, your NYC party, or whatever offtopic subject you are babbling about. People read this thread to see what and how Robert is doing.
     
    #565     Mar 4, 2009
  6.  
    #566     Mar 4, 2009
  7. Wow what a day.

    I started as expected in the hole with FCN. FCN started out as a simple scalp but then instead of letting go I held on with the belief that it would turn again into my direction (I was shorting it). This did not happen and I had no business riding it out. I can not stress how much I feel that this stock will fall tomorrow. Today is also the third day in a row that its up after a gap move. So even though I feel that the stock should fall I should not have entered when I did and I exited (a bit late). I also tried to trade it back and forth but that was not effective as there simply was not enough volume to do so in a positive way. - 15386

    I did have one nice day trade

    BIG GU, + 366

    USO was very strong today and I closed out 3 of 4 covered calls. I was put USO on exp date in FEB at 25 and the covered stock that I sold out was covered with 25 Mar calls. - 559 for the options and + 656 for the stock for a net result on top of the gains from the primium of the Feb puts of + 97

    - 14923 Day

    - 13799 Week / Month

    ~ 28K shares
     
    #567     Mar 4, 2009
  8. Well said JB3
     
    #568     Mar 4, 2009
  9. Sorry about the loss bob. I've lost 2 days in a row in FCN myself....hope it tanks tomorrow, and if it does, i'll be riding it down as well. Get a good rest cuz tomorrow is another day.
     
    #569     Mar 4, 2009
  10. thanks and best to you with FCN.

    I hope FCN goes down for you tomorrow.
     
    #570     Mar 4, 2009