Stopped out of UNG at 19.24 for a 5% gain. Markets are wonky as the new bailout plan was released. Looking to take profits on SMN and possibly XLU later today. Senate vote in about 5 minutes, or 12 EST.
Tuesday, February 10, 2009
Monday, February 9, 2009
Entries on market close – Friday 2/6
Long SMN @ 34.90
Short XLU @ 29.99
Markets are not appearing to enjoy the delay in the stimulus package. I don’t care for the fact that the markets are heavily news driven right now and as a result have kept my positions very small with stops very tight. Here are my stats for the year, thusfar.
| Statistics | |
| Stocks | |
| Number of Shares | 495 |
| Win / Loss % | 87.50% |
| Profit / Loss | $ 377.86 |
Thursday, January 29, 2009
Sold SRS (Half Position)
Sold half of my SRS position for a +5 gain. I will happily take a 10% gain without hesitation. 10% gains with 2% losses? I can still win with a 20% success ratio.
Wednesday, January 28, 2009
Long SRS
Long SRS @ $50.05.
Stop at 47.95.
I may get stopped out in the morning. Wasn’t expecting the washout near the end of the day. SRS may be placed on the “Never Trade Ever” list, hah!