Monthly Archives: May 2008

Taking a Nap

Just returned from a visit down south.  A five hour drive each way is never fun.  No trades today.

Long:  Nap
Short:  Awful holiday traffic

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Daily Recap and Crude Status - May 21, 2008

As of this post, crude hit $135 a barrel.  That’s right, $135.  This morning, crude was hovering around $132.  Since I’m in a crummy mood and enjoying my Wii Fit, I’ll keep this update short.
Trades Taken

1 x NQ
-3 x BBD June 25 Call

Profit / Loss for the Day / Open: -$135.00 / $0.00
Overall crummy day.  [...]

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Oil Over $130…

How much longer can the markets continue to hold out with oil running as if it was being chased by a maniac?  Oil topped $130 this morning to $130.41 before pulling back a few cents.  My theory is something has to break.  It’s either going to be the price of crude or it’s going to [...]

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Daily Recap - May 20, 2008

I know.. yesterday’s update is a tad late.  Had some personal business to attend to which is carrying over into today.  If everything goes as planned, things may change around here much sooner than I anticipated but we’ll see.  Anyways, here’s a quick recap of yesterday’s events:
Trades Taken

1xNQ
-1x V Jun 95 Call
-1x NYX Jun 75 [...]

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Daily Recap - May 19, 2008

Keeping it short since I just came from class.  I apologize for the lack of updating during the weekend but I’ve been ill for a couple of days now.  Having a nasty headache right behind your eye really, really hurts!  Anywho, quick update:
No Trades Taken
Profit / Loss for the Day / Open: -$77.00 / -$174.00
Amazing [...]

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