Stock Market
- Thread starter NemesisX
- Start date
You're right. Some people I know are entering shorts here at the 1087 level. I'm not going to bother getting into any positions till tomorrow morning and even then, will just scalp for 1-2 pts per trade. Or I might just watch. Tomorrow is gonna be crazy and I don't gamble.Psycnosis said:
-awais
My friends that shorted heavy at the 1087 and 1088 level-> 
I really wanted to short a few contracts at the 1088 level, but I seriously had no clue what was gonna happen in the morning. I was afraid the shorts would panic and cover at the open pushing the market even higher, so I decided to stay out and watch. No trades so far today; just watched so I'm net zero as wellsteveny said:
-awais
I got out @86 cause the market wasnt getting past the 88 level.
Woke up not too long ago and im still tired!
Woke up not too long ago and im still tired!
Ehm steveny, the 3000 stocks they sold today for RULAL.X, had a 1 day value of 600$ IN TOTAL! 
gheba_nsx said:Ehm steveny, the 3000 stocks they sold today for RULAL.X, had a 1 day value of 600$ IN TOTAL!
I was doing a little Monday morning quarterbacking. Can you imagine buying 2k worth of those yesterday at .20 and selling them today at 11.20. 108k profit, equivalent to buying a 911 turbo for 2k.
Yes, it would have been nice but as you imagine,putting an addition 2k$ into the market of that "poor stock" 
would have completely changed the course of it.
As said, the value of the transactions for that day was only 600$.
would have completely changed the course of it.As said, the value of the transactions for that day was only 600$.
gheba_nsx said:Yes, it would have been nice but as you imagine,putting an addition 2k$ into the market of that "poor stock"
As said, the value of the transactions for that day was only 600$.
It would have taken some pretty big kahunas to put 2k into this but what a pay off it could have been,.
BTW its not a stock its an option for RIMM which is a very good company that was up over 51% yesterday. 2k would have bought 10,000 contracts (the right to underlying shares). Each contract is equal to 100 shares. That's why the huge profit.
1120
anyone do trades like this
BTO AMGN Jan 05 60 @ 8.20, STO July 04 65 @ 3.20 for a
return of 64%. This is an A
transaction, this is an FSDR if you so choose
BTO DIA Jan 05 104.00 @ 7.40, STO Sept. 04 108.00 @
3.70 for a return of 100.00%. This is an A
transaction. This is an FSDR if you choose.
BTO HPQ Jan 05 22.50 @ 3.50, STO May 04 25 @ 1.10 for
a return of 45.83%. This is an A
transaction. This is an FSDR if you so choose.
anyone do trades like this
BTO AMGN Jan 05 60 @ 8.20, STO July 04 65 @ 3.20 for a
return of 64%. This is an A
transaction, this is an FSDR if you so choose
BTO DIA Jan 05 104.00 @ 7.40, STO Sept. 04 108.00 @
3.70 for a return of 100.00%. This is an A
transaction. This is an FSDR if you choose.
BTO HPQ Jan 05 22.50 @ 3.50, STO May 04 25 @ 1.10 for
a return of 45.83%. This is an A
transaction. This is an FSDR if you so choose.
Short 1121 Looking for +5 to call it a day, stop in at cost if we get to 1120... hmmm may test the 1120 again to make a dbl top, will see. Okay unless I am really wrong this short here is a LOW risk on the ES... If we can not take out 1120 to the down side I am out. Out @ cost again, anyway lunchtime
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