Don's Openings and More for 2006

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CAT "ok"- but got out of VZ "way, way, too soon"...

+$290.

Comment: Everyone has "phobias" - and I'm no exception. I am extremely bias when it comes to getting filled long vs. short. I love being filled short, I get nervous when filled long. Today was perfect...I got "shaken out" of half of my VZ order with a sratch, just before it moved 20 more cents in my favor. I know that stocks tend to drop faster than they rise, but that's no excuse for my bias.

Any thoughts from you guys?....you're all "Journeymen" or "experts" by now.

Don
 
Quote from Don Bright:

CAT "ok"- but got out of VZ "way, way, too soon"...

+$290.

Comment: Everyone has "phobias" - and I'm no exception. I am extremely bias when it comes to getting filled long vs. short. I love being filled short, I get nervous when filled long. Today was perfect...I got "shaken out" of half of my VZ order with a sratch, just before it moved 20 more cents in my favor. I know that stocks tend to drop faster than they rise, but that's no excuse for my bias.

Any thoughts from you guys?....you're all "Journeymen" or "experts" by now.

Don
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2 long wins, +380

I don't have a long/short phobia in general, as I don't really have a preference on how I'm filled. I do have short phobias on certain stocks when they don't immediately move in my favor, however, resulting from having been burned by them. TXN, UPS, IBM come to mind. Just from browsing the past year's OPG trades, my biggest losers are shorts on those stocks, so I guess my fear is not irrational.
 
Quote from sucre_estave:

2 long wins, +380

I don't have a long/short phobia in general, as I don't really have a preference on how I'm filled. I do have short phobias on certain stocks when they don't immediately move in my favor, however, resulting from having been burned by them. TXN, UPS, IBM come to mind. Just from browsing the past year's OPG trades, my biggest losers are shorts on those stocks, so I guess my fear is not irrational.
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Me speaking to boot camp, 2nd week: "No IBM, no TXN, no home builders, careful with drug stocks, nothing over $45 for a while).

FWIW,

Don
 
Only 2 fills, my "fav's" CAT and BBY, but I bailed too soon (yet again, LOL). +$250.

Happy Turkey Day to everyone, and remember to be thankful our family and friends.

Back to you on Friday (yes, Friday, LOL).

Don
 
Man....CC and BBY again. (Here's a story I hear from others, but it happens every now and then, although rarely).... I short BBY at $56.00 on opening....computer crashes....BBY goes down to 55.82 almost immediately...I'm up on paper, great. By the time I ask Tammy to cover a portion while I re-boot..BBY goes up to $56.30.....then up to $56.68.....I finally get back in...make one additional 500 share trade short, start covering near $56. Cover everything at $55.78. Up around $500. "Whew" LOL.

No problem with CC.

Nice ride, still out by 9:49.

Hope you all did well...

Don :cool:
 
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