Don's openings and more for 2005

MrBurns · Jan 6, 2005

Don-
Glad to see 2005 starting off on a profitable note. I've been shorting the Q's and it's been paying off...for now...

Anyway, I was thinking of starting up at a prop trading firm this year and outside of your organization, would you recommend Orion which is based out of PA? I'm based in Boston and can do a remote-trading set-up with them.

I've got a license, but they don't require the 7. That was a red flag, imo. The 200k share minimum is required or I have to eat a $500 software fee. They don't require any seminar or flight to their base camp, which may also be a red flag. Just trying to do my d.d. before I cut any checks...

Perhaps P.M. me if you have the time?

Much appreciated in advance.

Choad · Jan 6, 2005

Should have been:

"Don's Market Jive for 2005"

or -

"Don - Tradin' Live in 2005"

or -

"Join the 2005 Opening Hive!"

Good luck to all!

C

Don Bright · Jan 7, 2005

Quote from MrBurns:

Don-
Glad to see 2005 starting off on a profitable note. I've been shorting the Q's and it's been paying off...for now...

Anyway, I was thinking of starting up at a prop trading firm this year and outside of your organization, would you recommend Orion which is based out of PA? I'm based in Boston and can do a remote-trading set-up with them.

I've got a license, but they don't require the 7. That was a red flag, imo. The 200k share minimum is required or I have to eat a $500 software fee. They don't require any seminar or flight to their base camp, which may also be a red flag. Just trying to do my d.d. before I cut any checks...

Perhaps P.M. me if you have the time?

Much appreciated in advance.

Check your PM.

Don

Don Bright · Jan 7, 2005

Quote from Choad:

Should have been:

"Don's Market Jive for 2005"

or -

"Don - Tradin' Live in 2005"

or -

"Join the 2005 Opening Hive!"

Good luck to all!

C

(Smile) : I'm too "catchy" and don't have much "bling-bling" - but I do appreciate the advice..

Don

lilboy716 · Jan 7, 2005

1/3 fill
+.10

sucre_estave · Jan 7, 2005

1 long fill, 1 small loser, -20

Have a good weekend all.

chiguy · Jan 7, 2005

3 fills

3 long -54.00

-.55 / + 1.45%

MrBurns · Jan 7, 2005

1 long 1 fill
SMH 31.38
sold 31.75
stopped out of remainder 31.54

made a good clip this week...best in a while on non-sub-5 dollar stocks.

jetq · Jan 7, 2005

Don Bright,
could you enlighten us bystanders what your rules of in and out? just throwing out plus or minus number make us feel like mystery, i would like your help

jet

Don Bright · Jan 10, 2005

Quote from jetq:

Don Bright,
could you enlighten us bystanders what your rules of in and out? just throwing out plus or minus number make us feel like mystery, i would like your help

jet

There really are no "rules" that I use, I read the tape, check the peers, check the spoo premium/discount for exits. Getting in is based on fair value calculations. Check the last couple of years of "Don's openings" for more details.

Today was a bit tough, +$165, very small.

All the best !

Don