Don's openings and more for 2005

It's one of those times when I did not follow my disicple, and stayed on.

my DD:
I try to base my trends on LONG TERM pattern and LONG term EMA both down, MACD was weak in the negatives and HISTO was in negs.

Since you asked..
I did the same with SWC...SHORTWED at $10.40 then had to take heat to see go to $12.40...I covered @ 11.65...just to see it drop down to lower$9.'s

Again I was following LONG tern indicators...and did not stay in it long enough.
WHat do you think of AMRI long term trends?
 
Quote from jimclark:

Shorted AMRI at @ 9.02...currently trading at $10.30
Still holding losses of about $1,500 (losing 15%)
Crap...should've gotten out earlier.

Obviously not an "opening only order" - and I do agree with the gentleman above...."why did you not cover earlier" .

All the best...

Don
 
Normally I never let my losses go over 3% but this time it fell thru...and I still holding the bag...will cover on pullback...hopefully this week.
 
Quote from jimclark:

Normally I never let my losses go over 3% but this time it fell thru...and I still holding the bag...will cover on pullback...hopefully this week.

Well, good luck with that....

Don
:)
 
Quote from jimclark:

It's one of those times when I did not follow my disicple, and stayed on.

my DD:
I try to base my trends on LONG TERM pattern and LONG term EMA both down, MACD was weak in the negatives and HISTO was in negs.

Since you asked..
I did the same with SWC...SHORTWED at $10.40 then had to take heat to see go to $12.40...I covered @ 11.65...just to see it drop down to lower$9.'s

Again I was following LONG tern indicators...and did not stay in it long enough.
WHat do you think of AMRI long term trends?

I know nothing about long term trends. I know market action only from 9:30 am to 11am. I know what to expect there. Seems to me your luck could be to the long side though. But that's just my guess.
 
Quote from jimclark:
-------------------------------------------
Shorted AMRI @9.02.....currently trading at $10.30....still holding losses of about $1,500....should've gotten out earlier.

Quote from Don Bright:

Obviously not an "opening only order" - and I do agree with the gentleman above...."why did you not cover earlier" .

All the best...

Don
What?? "Don the Adapter" didn't suggest selling "additional share units".
Shocking! Vols must be way up last couple of days. LOL

:D :D :D :D



 
Quote from chiguy:

system says....

i use an excel spreadsheet with live dde feed to monitor my fills ...

it updates dynamically and takes a snapshot every 15 minutes until 10:30 CST of my position, p&l and market cap....


Hi chiguys or mschei:

HOw do you instruct Xl to take a snapshot every 15 minutes, what is the macro command?
Whenever I open up my Xl during trading hours with the DDE link active, it takes up so much CPU .
I think if you let positions to run for a while, the result will depend on whether the market takes certain direction i.e. if the direction is up and you have more long positions the you will get more profits.

Thanks
 
i basically figured it out from threads on this board. i will try to find the thread. by the way it is somewhat of a resource hog so i run double processors on both machines. the code is convoluted and i figured it out by trial and error but hey it works.

in regards to net position the stocks you get filled on basically have a mind of their own. sometimes they correlate and sometimes they just go their own way. i trade oex stocks so the arbs help to revert it back to the mean.
 
Quote from reid5525:

I know nothing about long term trends. I know market action only from 9:30 am to 11am. I know what to expect there. Seems to me your luck could be to the long side though. But that's just my guess.

Mr. Clark might want to pick up the Stock Traders Alamanac, and read about "seasonality" - which took effect yesterday....monthly, of course. You "gotta" know these things.

All the best,

Don
 
11 fills / 500 shares each

1 long / 10 short -187.00

short a lot of oil services

should have noticed the pattern and covered oils sooner

turned a 320 winner into the 187 loss

- 1 / + 1%

stupid is as stupid does...:(

blocked aig and jnj
 
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