Sold remaining PUTs on my STOCKS

LKX was the one where the dam gap was taking forever to fill. Finally, PATIENCE is a virtue. It still has not filled all the way but not going to get greedy with 80% gain. Will review more crap - junk patterns that are ripe for meltdown. TWO real big winners were CI and ONXX and UTX. Others were F, AKAM (one with 5 cent loss) but got out with profit today. This one still have potential to go lower as with the others

Edited by skyymaster, 14 March 2008 - 01:41 PM.

Correction 3 big winners. MISSED DECK because I forgot about it. But that would have been a Trade of the year. Yeah, yeah, could of would of should of.

LKX was the one where the dam gap was taking forever to fill. Finally, PATIENCE is a virtue. It still has not filled all the way but not going to get greedy with 80% gain.

Will review more crap - junk patterns that are ripe for meltdown. TWO real big winners were CI and ONXX and UTX.

Others were F, AKAM (one with 5 cent loss) but got out with profit today. This one still have potential to go lower as with the others

Congratulations skymaster, keep up your good work!

Best,

Bob-C

LKX was the one where the dam gap was taking forever to fill. Finally, PATIENCE is a virtue. It still has not filled all the way but not going to get greedy with 80% gain.

Will review more crap - junk patterns that are ripe for meltdown. TWO real big winners were CI and ONXX and UTX.

Others were F, AKAM (one with 5 cent loss) but got out with profit today. This one still have potential to go lower as with the others

Congratulations skymaster, keep up your good work!

Best,

Bob-C

Thanks BOB. I find it better to trade options on stocks vs. indicies. However, I am developing a trading plan for that which I will try out in 1 or 3 contracts trade only when I have profit money. I gotta learn it cause many on this board have shown very good results from that part of trading.

LKX was the one where the dam gap was taking forever to fill. Finally, PATIENCE is a virtue. It still has not filled all the way but not going to get greedy with 80% gain.

Will review more crap - junk patterns that are ripe for meltdown. TWO real big winners were CI and ONXX and UTX.

Others were F, AKAM (one with 5 cent loss) but got out with profit today. This one still have potential to go lower as with the others

Congratulations skymaster, keep up your good work!

Best,

Bob-C

Thanks BOB. I find it better to trade options on stocks vs. indicies. However, I am developing a trading plan for that which I will try out in 1 or 3 contracts trade only when I have profit money. I gotta learn it cause many on this board have shown very good results from that part of trading.

You're welcome skymaster. I wish you success and good luck with your plan to trade the indices. You are very prudent choosing to try only 1-3 contracts using your profit money. Especially in these highly volatile markets place emphasis on return of capital first and then return on capital and always TMAR (Take The Money And Run).

Go get 'em skymaster!

Bob

Bob-C I like that TMAR rule very much. May be I am just a chicken but nobody ever went broke taking profits. Have a great day! Roberto

well done ! no, make that ... WELL DONE !!!!

well done ! no, make that ...

WELL DONE !!!!

You as well. You stuck with your bearshness through that big uplift on Tuesday.

So now I can spend the weekend trying to figure out if that Gann Turn Was the high or the low of the last 2 days... I guess I'll figure it out, til then I took the money, going into weekend flat.

Bob-C

I like that TMAR rule very much. May be I am just a chicken but nobody
ever went broke taking profits. Have a great day!

Roberto

Hi Roberto, good to hear from you! Thanks for your wise comments. Good luck on your trades.

Have a great day and a wonderful weekend!

Bob-C