ETFTraderFriends

DHOHHI · Jan 18, 2005

Quote from MAESTRO:

Yes, it was a bit early. But with the amount of money I play it wouldn't matter. My targets are around $1.5 - 2.5 per share.

I'm just in for a quick daytrade. You holding through earnings tomorrow? I thought it was a bit overbought, just looking for 0.10 - 0.20 intra-day on a couple thousand shares.

DHOHHI · Jan 18, 2005

i covered at $38.01 ... +0.12 on 2K shares

MAESTRO · Jan 18, 2005

Quote from DHOHHI:

I'm just in for a quick daytrade. You holding through earnings tomorrow? I thought it was a bit overbought, just looking for 0.10 - 0.20 intra-day on a couple thousand shares.

That is an excellent idea. I use to scalp QLGC for 15 - 20 cents all the time. I think that I have enough protections to carry me through the report. I might consider to buy some calls later though. But, generally, I think it has a negative breath now.
Cheers

MAESTRO · Jan 18, 2005

QCOM is another excellent short now for 15 - 20 cents

MAESTRO · Jan 19, 2005

My shorts on QLGC and QCOM are both in the profit now but I'm still holding them.

DHOHHI · Jan 19, 2005

Quote from MAESTRO:

My shorts on QLGC and QCOM are both in the profit now but I'm still holding them.

Congrats on the QLGC .. see it trading at $35.89 afterhours. No regrets here .. I made my scalp yesterday and rarely hold into earnings.

richtrader · Jan 19, 2005

Quote from MAESTRO:

My shorts on QLGC and QCOM are both in the profit now but I'm still holding them.

Have you considered starting a Journal?

This thread seems to have turned into one.

Thanks.

MAESTRO · Jan 19, 2005

Quote from richtrader:

Have you considered starting a Journal?

This thread seems to have turned into one.

Thanks.

I agree, but maintaining a journal requires too much of a commitment. I post when I have time. If it is not desirable I'll stop. I just thought that it would provide some help to beginners.

richtrader · Jan 19, 2005

Quote from MAESTRO:

I agree, but maintaining a journal requires too much of a commitment. I post when I have time. If it is not desirable I'll stop. I just thought that it would provide some help to beginners.

Your contributions are most welcome -- please don't think otherwise.

I would say to create a journal and post to it when you have time, but I am certainly not going to delete your posts here if you continue this thread.

Thanks.

EtfTraderLives · Jan 19, 2005

Please rename this thread "ETFTraderFriends" and move it over to the Journal forums