Market Calls
- Thread starter inandlong
- Start date
shorted YM 10339
added second half at target of 10350
covered half at 10334
covered remainder at 10322
reshorted YM 10334
covered at break even
mixed day for me...
covered PTEN for a nice loss--trying to catch a direction yesterday and into today was futile, i should've noticed the range after the extensive workup...
(the fed call + energy report = range trade, non-directional)
my problem is that i had PTEN long from $18.65 to $27.15(i scaled in and out but held at least 1/2 my line); after my last sale i set a time factor into mid-may and didn't abide by it...foolish mistake
long HOT now
alex
covered PTEN for a nice loss--trying to catch a direction yesterday and into today was futile, i should've noticed the range after the extensive workup...
(the fed call + energy report = range trade, non-directional)
my problem is that i had PTEN long from $18.65 to $27.15(i scaled in and out but held at least 1/2 my line); after my last sale i set a time factor into mid-may and didn't abide by it...foolish mistake
long HOT now
alex
Quote from MAESTRO:
HOT has extremely negative long term sentiment.
Just a word of caution.
true. i'm looking for weak hands; not going to stay too long.
all b/c of REVPAR, this last spike down...earnings were great and guidance is strong.
thx
alex