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 24th Trading Log (Recap and Wed Trading Plan)

 
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: Tue Aug 24, 2004 1:10 pm    Post subject: Aug 24th Trading Log (Recap and Wed Trading Plan) Reply with quote

Aug 24th Trading Log (Recap and Wed Trading Plan):

I took advantage of volatility to buy and sell calls and puts. However, my SMH calls and EBAY puts fell a great deal today. Nontheless, I believe, I'll eventually make gains on most of my calls and puts. The Durable Goods Order report tomorrow morning should move the market. The TICK chart shows its 100 unit MA is below its 200 unit MA, which is bearish. Also, VXN is still on a sell signal (both charts on page one of Chart Room). The SPX 60 minute chart (near top of page three of Chart Room) narrowing of its Bollinger Bands indicates a big move soon, perhaps down. SPX hasn't been able to rise much above 1,100. KKD reports earnings Thu . I plan to continue to take advantage of volatility and wait for better opportunities.

My portfolio is over $895,000 including $725,000 in cash.

Calls Contracts

SMH Nov 30 2004 200
SMH Jan 32.5 2005 300
RMBS Jan 10 2005 10
KKD Oct 15 2004 50
PSFT Oct 17.5 2004 100

Puts Contracts

DIA Sep 102 2004 100
QQQ Oct 35 2004 100
EBAY Sep 80 2004 50
EBAY Oct 80 2004 20
KKD Oct 15 2004 20
PSFT Oct 17.5 2004 10

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