Posts Tagged ‘spls’
What Worked Today 11302007
SPLS – Sold the options for 50% gain– less commish around 39-40%. The same options have jumped about 600% off the bottom though in 4-5 days. UA – Under Armour is finding home at these levels. I have it on a buy. Up 3% today, down over 20% though in the trade. RUT – The …
Sold SPLS Call Options
Took a 50% gain in the SPLS call options I bought on Nov 5 for .20. I got out today at .30. Really ends up being around 40% minus commish.
What Worked Today 11292007
Being long the RUT. That sucked. The RUT ended down about 1% for the 2x leveraged funds, while the other indexes closed higher on the day. Taking my NDX portion to cash yesterday. That sucked too. The gain in the NDX would have offset the RUT loss a little bit. What worked… ICTL – It …
Bears Getting Roasted Today
Markets are screaming higher today. SPLS – Staples is up another 5.4% today based on Goldman Sachs upgrade raising them to the top of their retail buy list. Thats 22% in two trading days off the bottom. I hate being early. SNDK – Breaking a downward trendline today and the buy signal went on a …
What Worked Today 11272007
Being long. Yesterday was a disaster in the market, and I was long. I couldn’t post because I’m on vacation and don’t have ready access to internet access. I saw what happened today. It looks like the bottoming process has definitely started. We should get a second up day tomorrow. We haven’t seen two in …
