A 70k bet that I can't make a 50% gain in 2009

geez · Jun 2, 2009

6/2/09:

3:31 1000 LM SHORT 22.44
STOP 22.64
TGT 22.04

geez · Jun 2, 2009

Quote from geez:

6/2/09:

3:31 1000 LM SHORT 22.44
STOP 22.64
TGT 22.04

3:39 1000 LM EXIT 22.64
P/L -215.60

geez · Jun 2, 2009

Quote from geez:

6/02/09:

2:26 1200 KLAC SHORT 27.94
STOP 28.09
TGT 27.64

3:59 1200 KLAC EXIT 27.84
P/L +105.44

geez · Jun 2, 2009

6/2/09:

Total P/L -356.37
3 wins
6 losses
1 b/e

* SKF went to tgt, but I held out looking for a bigger gain because tgt would only yield $360 before comm's. What a mistake that was....exited b/e.

geez · Jun 2, 2009

Quote from traderyin:

Huge short bias today. Took a huge gamble running in front of the home sale data, geez.

LOL..I had no clue news was coming out. Jeg can tell you what I watch most of the trading day.

geez · Jun 3, 2009

6/3/09:

WED. WATCHLIST

SHORTS: aapl amzn brcm celg fisv rig lm

* If AMZN opens with a gap down, I will look to short any rally.

geez · Jun 3, 2009

6/3/09:

9:52 1000 LM SHORT 22.20
STOP 22.40
TGT 21.80

traderyin · Jun 3, 2009

Quote from geez:

6/3/09:

WED. WATCHLIST

SHORTS: aapl amzn brcm celg fisv rig lm

* If AMZN opens with a gap down, I will look to short any rally.

Aggressive on the short side again. Cool.

geez · Jun 3, 2009

Quote from geez:

6/3/09:

9:52 1000 LM SHORT 22.20
STOP 22.40
TGT 21.80

10:10 1000 LM EXIT 22.40
P/L -217.32

bentedges · Jun 3, 2009

Quote from geez:

6/3/09:

WED. WATCHLIST

SHORTS: aapl amzn brcm celg fisv rig lm

* If AMZN opens with a gap down, I will look to short any rally.

I like that setup on AMZN. Just shorted it at 84.72, using a stop just above 85.00. Thanks for the idea!