Don's Openings, Part 6 2003

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Thursday OK, $420....Friday I missed the opening. Monday down $1500 (but kept trading and made it worse! (yes, it happens)....Tuesday about break even.

Regrouping the stocks, getting rid of FNM and FRE for a while until they get past their accounting troubles.

Don
 
where can I find the original description of this strategy? I went to the past archives for the journals but could not find it. Thanks a bunch.
 
Quote from Don Bright:

Regrouping the stocks, getting rid of FNM and FRE for a while until they get past their accounting troubles.
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This makes a lot of sense, as these haven't been acting very 'normal' lately. In fact, they've been downright ugly misbehavin'.
:)
 
Quote from thirst:

where can I find the original description of this strategy? I went to the past archives for the journals but could not find it. Thanks a bunch.
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I think you can go to "Don's Openings" (no "part 1 or anything).....also, it that doesn't help, you can go to my website and search the "articles of interest" for Stocks and Commodities, and do a search there. If there is anything I can do to help, let me know.

Don
 
Quote from Don Bright:


Regrouping the stocks, getting rid of FNM and FRE for a while until they get past their accounting troubles.
Don
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Geeezzz!!! At the rate things are going, if we do that for every stock that has accounting troubles, there'll be no stocks left to trade!

:eek:
 
Quick $500 today on CCU and LEH (again, shoulda been more)..

Just a note about "quadruple witching day"....be sure that you guys note the imbalances prior to the opening....and wait to see the "indications" as well....that may help with your opening decisions.

Don
 
Good opening....I got in late and was unaware of any news on BAC, so with that $1300 plus another $680 from about 6 other openings, we had a good morning. Up $1920......

I expected a much more "flat" opening....but hey, we'll take it!!!

Don:)
 
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