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    Weinstein Trading and Fading

    My sleep over with RIMM worked out well. I added in premarket and at the open I sold $24 strike calls expiring today. I had an average of under $24 by this point and believed the stock would pin that price. As it turns out that is what happened. Nice when a plan works. I covered before the close...
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    Weinstein Trading and Fading

    I just finished reading Trading On Target and I like the book a lot. Now I am reading Barbarians of Oil. Here is my take on Trading On Target For years I have heard many things about traders and the success rate. Often you will hear that 90% or more of traders fail. I am not sure what the...
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    Weinstein Trading and Fading

    Thanks !! and Thanks !! Looking forward to reading your journal Bob
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    Weinstein Trading and Fading

    Not much going on today as I spend much of it working on this site and some longer term opportunities that require lots of research. I just finished reading Trading on Target by Adrienne Toghraie. Great book about dealing with the mental aspects of trading. Worth getting and keeping a copy to...
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    Intellectual property is dying. Even current movies can be had for free.

    I don't hate Hollywood as I know there are a lot of people that have to deal with the "royalty" (royal pains maybe). Otherwise my thoughts exactly. So many of them are out of touch with what the average family, average business, and their children faces. Don't even get me started about state...
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    Weinstein Trading and Fading

    still long the GA puts. will find out Monday what it looks like. I made a ticket in IB asking if the dividend was funded or not. I am not holding my breath for a quality answer. Still short MCD, long COCO long covered DSW for dividend capture Have a good weekend
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    FS: Dell T7400 Precision Workstation

    600sq feet.... damnnnnn sounds like my apt in Tokyo ( i am pretty sure mine was even smaller). Now my dog house is bigger I think, plus spike has in floor heat.... At least the bar near you is full of women from what I have heard...
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    Weinstein Trading and Fading

    Giant Interactive (GA) and why sometimes buying a lotto ticket can be the right thing to do. GA is paying a $3 dividend per share as a method to "prove" to the market they are legit. Stupidest thing since Clark Griswold decided to take his family to Vegas for a vacation. I go into the...
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    Weinstein Trading and Fading

    Another pretty good day overall. While I have cut back on my trading (not much an overbought fader can do in this market). I have found some other worthwhile trades to make. I been trading a lot more dividend capture trades and now have the software to quickly scan for the best trades. I...
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    Weinstein Trading and Fading

    Another good day of trading. I shorted gold yesterday and while I left a lot on the table by closing out to early, I did well. I also shorted gold again after the earthquake was hitting the news. After living in Japan I could tell by what the news was saying that it was not that big. I have...
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    Weinstein Trading and Fading

    Hello illiquid, For intraday moves, yes it is pure technicals. Often I don't know more than the symbol and the chart. interday moves I generally have more of an idea, but for just a one night stand I don't really need to know her name. I went long INTC and that was 80% fund and 20% (pulling...
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    Citizens of Rock Ridge expects highway fairy to fix roads

    Thank you, my thoughts as well. Here is a question for the original poster, What percentage of the tax was spent on administrative costs? Add in the costs to businesses in collecting the tax and you may find that it was not such a great example of government getting the job done, Or maybe...
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    Weinstein Trading and Fading

    I started shorting gold again today. The two highers after a gap up is one of my stronger signals. No stocks traded today although I looked at a few including COCO, S, HPQ Decided to hold off on COCO until after earnings, diving deeper into the numbers with S I made a few bucks with...
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    Weinstein Trading and Fading

    I have really slowed down my trading lately. It is hard to fade overbought stocks (which is 90%+ of what I do) when the market is going down the drain. To keep me occupied, or as a distraction from getting more done, I have been trading gold mostly to the short side. I think maybe all to...
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    Weinstein Trading and Fading

    Today was not met with much for trading. ZAGG and gold futures provided the only items I wanted to trade. The spoos had me tempted, but with being told that SPY was on the threshold list and the extremely obvious line of resistance I didn't trade it. What I found somewhat interesting, is that...
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    Weinstein Trading and Fading

    What a great day. It could have been better and it started out on a sour note but ended wonderfully. Yesterday, I opened a new Gold short based on a TDCombo sell signal. It very quickly went against me and even as I entered it I was questioning the price (just under 1800 for the Dec...
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    Weinstein Trading and Fading

    Thanks, I apprciate you putting up the chart. Take a look at the dialy. We have a completed TDCombo 13 last week. We also have it totally blown out of the water (along with some of my capital before I stopped out) As I write this I am short gold futs based on a 13 with the 2 min and 10...
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    Weinstein Trading and Fading

    I don't but I would believe that it could be coded, especially if one had the code for TS to look at.
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    Weinstein Trading and Fading

    This has been bothering me since I wrote it. It didn't seem to add up from what I remembered and so i went back and took another look. here is the link and the sentence. "Gold has now increased for 124 months straight, says Deutsche Bank."...
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    Weinstein Trading and Fading

    Options expiration day provided at least one opportunity, and price action in general was good. About three hours into the open I sold C 33 puts that were expiring on Friday. They were paying about 44 cents each while C was trading around 33.25. I looked at the volume and open interest, and...
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