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Trading is slow today


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#1 denleo

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Posted 15 February 2007 - 01:31 PM

Trading is slow today. Since I am fully invested, I can't buy any more. But the market has to pay me for watching this slow tape. So I am selling puts on small caps (IWM). They are leading today. I was looking for sellers this morning. I saw a few bears saying: oooooohhh this market is scary. And nobody sold anything as usual. Denleo

#2 A-ha

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Posted 15 February 2007 - 01:48 PM

Any update on those OIH longs from 139? I assume you got stopped as it plummeted two times below your stop in the last 36 hours.

#3 denleo

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Posted 15 February 2007 - 01:50 PM

Got stopped out. Lost about 1.5%. Do you want to hear how my other positions are doing? Denleo

#4 A-ha

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Posted 15 February 2007 - 02:00 PM

Sorry to hear that. And yes please, I do want to hear about the others. I am sure folks think the same way.

Edited by xD&Cox, 15 February 2007 - 02:03 PM.


#5 Bandit

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Posted 15 February 2007 - 02:35 PM

Trading is slow today. Since I am fully invested, I can't buy any more. But the market has to pay me for watching this slow tape. So I am selling puts on small caps (IWM). They are leading today.

I was looking for sellers this morning. I saw a few bears saying: oooooohhh this market is scary. And nobody sold anything as usual.

Denleo


Good trading - Denleo. You have beem making some great calls. Keep up the great work. Bullish till late Feb, myself-then looking for some pullback into 20 week cycle low, idealy due about the 3rd week in March.

Bandit :redbull: :redbull:

#6 eminimee

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Posted 15 February 2007 - 03:28 PM

Dennis...I can't find where you are long the spoo's from....I know you bought some around 1446?....but you added where... just average cost would be fine. thanks

#7 denleo

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Posted 15 February 2007 - 04:16 PM

I am long spooz from about 1450 (March). Long a little IWM from about 80. Long AMZN from 37.80. Made a lot of money on Home builders two weaks ago (about 8%). Lost under 2% on OIH. Made good money on selling puts (SPX). Long MA from about 108. Short a few IWM puts. And some longer-term positions from long time ago (basket of large cap stocks), which are doing very well. Denleo