PeakTrader.com Forum Index PeakTrader.com
Economics, Portfolio Optimization, and Technical Analysis
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 
Log inFast Charts

Aug 11th Trading Log (Premarket)

 
Post new topic   Reply to topic     PeakTrader.com Forum Index -> Trading Log *All Categories Free For Limited Time*
View previous topic :: View next topic  
Author Message
arthur
Guest





PostPosted: Wed Aug 11, 2004 3:57 am    Post subject: Aug 11th Trading Log (Premarket) Reply with quote

Aug 11th Trading Log (Premarket):

SMH is expected to open low. So, I plan to buy more SMH Jan calls. I may also buy more DIA puts (Oct or perhaps Sep), since DIA is relatively overvalued compared to SMH, and the market will not rally without SMH (I'm still heavy in cash waiting for volatility to pick-up, which will make it a better trading market). The Fed action yesterday may be negative for the market until Labor Day (in early Sep) or until the next Fed meeting in Sep. However, many of the short-term indicators are oversold. Perhaps, the market will bounce later this week on the following reports: Thu - Inventories, Unemployment Claims, and Retail Sales, and Fri - the CPI. Also, see top picks in the Top Stock Picks section. The Home Page will be worked on today in an attempt to add streaming quotes, while keeping the news section.

My portfolio is about $905,000 including $720,000 in cash.

Calls Contracts

QQQ Dec 34 2004 100
SMH Nov 32.5 2004 100
SMH Jan 30 2005 100
SMH Jan 32.5 2005 200
SMH Jan 35 2005 100
ABX Jan 17.5 2005 50
AMGN Oct 50 2004 20
MRK Oct 45 2004 100

Puts Contracts

DIA Oct 98 100

Portfolio at $500,000 on Jul 1st, 2003
Back to top
Display posts from previous:   
Post new topic   Reply to topic     PeakTrader.com Forum Index -> Trading Log *All Categories Free For Limited Time* All times are GMT - 8 Hours
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Powered by PeakTrader 2.0.8 © 2001, 2002