Archive for December, 2006

Happy New Years!!!

December 31st, 2006

Have a happy new years everyone!

Saddam Hussein Hanging…

December 30th, 2006

I hate watching this shit, but I kinda had to watch this one: http://www.uselessjunk.com/article_full.php?id=13970 To be honest with you, I don’t really know how I feel about his death. I know he’s done a lot of bad things in his life, like murdering hundreds of thousands of people, but I don’t know if executing him [...]

Done for the Year…+$14,848.61

December 29th, 2006

Again, it’s pretty close to this amount. So much work, so little gain. I liked the first half of the year much more than I liked the last half of the year. I’m gonna post some goals of mine for 2007, as well as a year in review over the weekend… Edited on 12/30/2006 Had [...]

Done for the month…-$6,884.99

December 29th, 2006

It’s pretty close to this amount, I think. Edited on 12/30/2006 I’m not going to know the exact loss until the IB monthly statement for December comes out, but the above should be pretty close to the actual amount now…very disappointing, especially considering the fact that I made over $2k back in the last two [...]

Done for week…+$201.26

December 29th, 2006

Done for the month will not be pretty. Done for the year will follow “done for the month”.

Done for the day…+$32.96

December 29th, 2006

F it…I’ve had enough of this shit. I can’t sit here and watch the markets anymore because nothing’s happening. It’s like going to a candy store and being told that you can’t have any candy. It’s like watching an NCAA basketball game with no money riding on it. It’s like standing behind someone watching them [...]

Anybody else trading today?

December 29th, 2006

Is anybody else out there trading today, besides myself? Seems like every stock blogger out there has taken the entire week off. Wusses. Sinceit’s been slow this morning, here are some interesting articles/sites to keep you awake at work: http://cardplayer.com/mod_admin/poker_news/article/8019 Most Severe Case of Amnesia Ever Recorded Videojug.com – How to Videos Teaching Students by [...]

Out 2 YM at 12577 for breakeven

December 29th, 2006

I can’t wait for the volume to come back into the markets.

Out 2 YM at 12582 for +$50.00

December 29th, 2006

I moved my target down to 5 ticks. The stop for my remaining 2 contracts is at breakeven. I think I need to increase my contract size soon.

In 4 YM at 12577

December 29th, 2006

Should be able to get 10 ticks out of this.

Friday Morning Update…

December 29th, 2006

Looks like both the Nasdaq and the NYSEhave decided to closeon Tuesday. This is gonna be weird having the markets closed for 4 straight days. Guess I’ll have to find an alternative way of getting my gambling fix on those two days. As far as the market direction goes, based on my analysis yesterday,I still [...]

Done for the day…+$213.88

December 28th, 2006

Time to take a nap…I woke up at 4am this morning! I’m out.

To Short or Not?

December 28th, 2006

So, I’m doing some final analysis on whether or not I should short the YM and NQ and I don’t like what I’m seeing. The problem is, there are way too many people with put options at the current levels. I’ve looked at the put open interest on DIA, SPY, QQQQ, and IWM and there [...]

YM Swing Short…

December 28th, 2006

So, I’m gonna enter my swing short position on the YM soon. Here’s what I’m looking at now: There are a bunch of resistance levels that all converge at the12625 through 12639 level. First off, the 127.2% extention level on the recent run sits at 12625, the weekly R2 pivot sits at 12639, and the [...]