TAP by Joab

[Tums]

Quote from Joab:

Hope is highly under rated by Traders and most have no ideal just how powerful it is

Yes but go Apr 95's

Remeber to "wait" for price confirmation this a.m.

what would you consider "confirmation"?

 

[Joab]

Quote from Tums:

what would you consider "confirmation"?

You missed the boat Tums sorry.

When a stock has topped like this, stops get triggered fast and the first 5 mins tells the tale.

I had to enter market orders to get filled once I saw it gap down like it did.

Sorry but it was to hard to post that prior to seeing the open.

 

[Joab]

Correction:

Average fill = 93.51

Still ok

 

[Tums]

Quote from Joab:

You missed the boat Tums sorry.

When a stock has topped like this, stops get triggered fast and the first 5 mins tells the tale.

I had to enter market orders to get filled once I saw it gap down like it did.

Sorry but it was to hard to post that prior to seeing the open.

that's alright, I wasn't ready to trade this anyway.

Thanks for sharing your thoughts. Much appreciated.

Looks like you are in the money already.

 

[Joab]

If you missed out on yesterdays fireworks this would be a nice area to get in.

93.80-.30

 

[Joab]

Not thrilled with todays price action but holding.

I added Intraday at 94.50 so average price is now 94.00

 

[Joab]

Trade Update:

Flat -$1.24

I've decided to close this trade for a $1.24 loss and I've loaded up on CYTC 34.70 average price short.

You can make the transition now if you like too.

It's a far better trade then TAP imo

http://www.elitetrader.com/vb/showthread.php?s=&threadid=91426

 

[Joab]

I reopened this trade this morning at $95.00

 

[Joab]

This trade is a pain in the BUTT.

I closed half the position for .50 profit.

 

[Joab]

You think me being Canadian and knowing my beer would have helped me with this stock.

I give up on it ...

closing the last half here with -.25

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