Past few days very slow?

Quote from Cheese:
Huh?
YM range around a 100 on Friday & 80+ yesterday. Thats a fairly reasonable table to feast off.
:)
Woops, mistake.
That should have been YM around 100 range THURSDAY & 80+ FRIDAY.
Today too a nice respectable range at about 80 points .. with a steady upmove finishing off the last 3quarters of an hour to 4 o'clock.
:)
 
yeah days like these make my pnl very volatile...down 2% 5min after the bell, up 1.9% at close [b/e]. pain in da buttz...very tiryin'.
 
Quote from Arnie:

I have 3 pairs on, 2 drifting against me, but not by much. The other is slightly pos. Managed a couple of scalps. I'm lucky to make $200-$300.

PS anyone else see the action in OSTK?


Short it when it hits 30. (See March 13th.) I rode that sucker down from 32 ... Traded it horribly though. So it goes with a neophyte....
 
Waiting for the breakdown out of this triangle any day now. Made a lousy $200 today and it took hours of staring at two crawling positions.

The setups I usually like have been rare this week.
 
Quote from Arnie:

I have 3 pairs on, 2 drifting against me, but not by much. The other is slightly pos. Managed a couple of scalps. I'm lucky to make $200-$300.

PS anyone else see the action in OSTK?

yeah. i bought 10 puts at the top.. we'll see. with that amount of shorted float, perhaps 1 million of today's share volume was buying to cover...

hopefully it won't be a new lesson learned (ie: don't buy puts on a recently heavily covered stock).
 
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