Don's Openings Pt. 2

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Nothing on the opening today, I will be heading for San Francisco.

I'm checking into the hospital on Monday (heart surgery), so I will miss a couple of openings.....so everyone do well!!
 
Originally posted by Don Bright
I'm checking into the hospital on Monday (heart surgery), so I will miss a couple of openings....
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Hopefully your surgeon won't! Looking forward to your speedy return.
 
Don- what? no laptop in the hospital? Best wishes and thanks again for your contributions here (and to my account).

Lowered size alot, and expanded my envelope a hair. Still ended up with 7 fills- 4 long 3 short nice mix.

4 wins 3 losses net positive 43 pennies.
 
Originally posted by SethArb
got caught short in MMM

just before the open today ...

does anyone ever try to play MMM

and get a consistent profit on it?


:mad:
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I took MMM off my list this morning because of the CSFB upgrade.
 
got caught short in MMM

just before the open today ...

does anyone ever try to play MMM

and get a consistent profit on it?
More...
Not me -

I treat MMM as a "mini-Internet" stock (don't laugh :) ) - the stock has wild swings (not surprising, given it's price.) If I were going to play it, I would probably want a large edge, i.e., 1.5% envelopes, so one fill in a blue moon.

nitro
 
I been trading MMM for 3 months now, though it seems wild it generates consistent profits for me, about 75% of trades in this stock is in the black. Why on earth would you trade MMM today? If you don't follow the news what is there to be expected? Good luck! BTW, I keep a .4 envelope in this one. There is now difference in profitability if you use .5 or .4.
 
To everybody,

How long do you stay in a stock that has a delayed opening (assuming no news)? Does anybody have a rule of thumb? How long of a delay on the open makes you nervous, so that you think there may be something unanticipated about the stock? Ideas? Rules?
 
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