Search results

SH 74.76 PT depends on 8:30

Is this for sale? if so, would you be willing to simply sell a portion of it, or an equity stake?

Short update for the week: I lost about 0.25% this week, but i suffered an intra-week drawdown of almost 8%. Not going to go into details, but deviations from my core strategy proved costly. It was as if each minor deviation was exploited by the market in a most explosive way...

That is probably the correct view. Getting long near 70 seems high probability. I am expecting an overall bounce in the markets this week, including CL. So i'm just playing for the swing. But you're right.....when 75 broke decisively that was probably a point where one should not get...

wasn't saying it is wrong, just saying it has been unwilling to do so for quite a while. that support level has trumped a couple of downward trendlines before. anyway, anytime i've taken the opposite side of a trade on CL from you i've pretty much ended up wrong, so we'll see here. I'm...

CL has been unwilling to go much below $70 for a long, long time. Trendlines are important, but i think that support area trumps any short term trend. In my view, it will take a confirmed double dip to drop oil below $70 for any extended period. Either that, or some shock event (like...

I now own egregious positions in H&R Block and Intel Corp as a result of my amateurish attempt to make money selling puts. IGNANT. Selling those two at the open, hopefully we'll gap up and i'll get out at a good price. I think i still made money overall on selling all those puts, but...

Had a good week....summary Weekly Portfolio Change = +2.8% S&P 500 Benchmark Performance = -0.7% YTD Portfolio Gain = 12.4% Should have been a +10% week, but i screwed myself. The decision moose quarter of my strategy had me in TLT, where I sold covered calls at 102 to try to...

i wish this were to come true.

that was me who said that and thats why im holding over the weekend. I dont care if it drops to 73 today. 72 might bother me though :confused:

swing trade long 1 @ 74.00 PT 77 holding at least until monday

I'm expecting to retest 1020 or possibly a bit lower september/october. However, if the market does move higher it won't hurt me too much. i'm mostly trying to swing the extremes, Net long at the moment.

Update on progress of my strategy: I've had a good two weeks. My overall portfolio is up 1.5% since 7/30 (two weeks ago), while the S&P 500 is down about 2%. My performance over the two week period was actually substantially better than 1.5%. Unfortunately I hold one equity position...

Long one contract into the weekend. Better long than short over a weekend, thats what i always say.

Because gas sales were up?

Shall we see CL trade below yesterday's low and break $75? Last few times thats happened it kept going.

I am long 1 contract, on the dip. Stop is at 76 Target 78+ Just a toe in the water.

Good call....im going to try to scale more, both in and out. Should help with my impatience. Right now "being early" is my #1 problem and has cost my probably 3x as much profit as I've managed to eke out. I'm going to run this exact strategy till 12/31. It will be interesting to...

Its been a couple of weeks, so here's an update. I've stuck rigidly to the plan i set out around the end of May. Primary goals are low volatility, manage risk and protect capital, outperform the indexes, and end each year profitable. This has been a difficult market. My strategy is...

By the way, my risk adjusted return last week was probably 50%. I literally had almost no exposure and still pulled in 2%. Next week will be a different story....I'll have 150% exposure. (with hedges)