Opening Orders - 2008

[sucre_estave]

I intimidated every buyer and seller with my opening orders, so I must go to other flea markets to peddle my wares today.

 

[zhexin2]

i often see people talking about 0.2 envelope, what does it mean? does it mean 0.2 percent from the previous close or something else? can anyone clarify, please.

 

[drumbandit]

Quote from zhexin2:

i often see people talking about 0.2 envelope, what does it mean? does it mean 0.2 percent from the previous close or something else? can anyone clarify, please.

It means 0.2 percent of the "opening price" of the stock adjusted for fair value, which is calculated from the FV opening of the S&P 500.

I believe the previous threads, which are linked on the first page of this thread, will show you how to perform the calculations. Or we could do it here, since it's really easy.

 

[chiguy]

Quote from zhexin2:

i often see people talking about 0.2 envelope, what does it mean? does it mean 0.2 percent from the previous close or something else? can anyone clarify, please.

pretty much...yeah

 

[eastside]

no fills (I know you find that hard to believe)

 

[caljr]

yesterday: sick kid, no orders
today: sick trading firm, no orders

have a great weekend!

 

[Don Bright]

Not bad, quick $400.

Don

 

[chiguy]

4 fills / 4 long / 3500 shares / + 638.00

chicken shit exits...left a bunch on the table...flat by 8:31:00 cst

oh well..it's green...

tgif......

 

[drumbandit]

Crazy morning. I got scared and sold half my shares immediately at a loss. Traded the chop a bit and made it out alive at 10am.

4 fills, all long, 1 small loser (MCD the culprit): +276

 

[sucre_estave]

Only one fill on a test position, so a scratch day. A bit disappointing to say the least.