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Out at Target


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#1 OEXCHAOS

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Posted 12 June 2007 - 02:15 PM

We are gone at 151100 for a 10 point profit. That's on top of the 6.5 earlier. I'd say we're done for today (except for all the research we need to do). I wonder if I can get out on the stream in a little bit... M

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#2 NAV

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Posted 12 June 2007 - 02:17 PM

Excellent ! I made 14 SPX points today. Staying short the QQQQ puts for a huge breakdown here.

Edited by NAV, 12 June 2007 - 02:17 PM.

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#3 OEXCHAOS

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Posted 12 June 2007 - 02:18 PM

Thanks, I've got you beat so far today, but I'd not be surprised by you overtaking me. I've just got limited time, energy and attention and I don't trust the trading to be orderly. We're still IT Bearish, however. I like matching you trade for trade. I sometimes get tired of you getting all the limelight! :lol: Mark

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#4 rkd80

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Posted 12 June 2007 - 02:19 PM

We are gone at 151100 for a 10 point profit. That's on top of the 6.5 earlier. I'd say we're done for today (except for all the research we need to do).

I wonder if I can get out on the stream in a little bit...


M



Nice job Mark, you and Nav killed today. Wild day with more wildness to come I suspect.
“be right and sit tight”

#5 skott

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Posted 12 June 2007 - 02:20 PM

I don't know how many points I made today! still holding QQQQ puts. Closed out short sales except for puts. that may have been C down of B down with a C wave up to go. All this MAY be wave 2 before a wave 3 down.

Edited by skott, 12 June 2007 - 02:21 PM.


#6 OEXCHAOS

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Posted 12 June 2007 - 02:21 PM

It's probably instructive for folks to know that NAV and I came at this thing from very different perspectives but were trading it very similarly even as we were looking at different things. As they say, there's more than one way to skin a cat. Mark

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#7 NAV

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Posted 12 June 2007 - 02:27 PM

It's probably instructive for folks to know that NAV and I came at this thing from very different perspectives but were trading it very similarly even as we were looking at different things.

As they say, there's more than one way to skin a cat.

Mark


That's very true.

"It's not the knowing that is difficult, but the doing"

 

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#8 OEXCHAOS

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Posted 12 June 2007 - 02:30 PM

It's probably instructive for folks to know that NAV and I came at this thing from very different perspectives but were trading it very similarly even as we were looking at different things.

As they say, there's more than one way to skin a cat.

Mark


That's very true.


And truly fascinating. This was fun. I wish I had more time every day so I could do more day trading. I can see why you do it. Alas, I like our other businesses too much, at least for now.

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#9 atlasshrugged

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Posted 12 June 2007 - 02:34 PM

It's probably instructive for folks to know that NAV and I came at this thing from very different perspectives but were trading it very similarly even as we were looking at different things.

As they say, there's more than one way to skin a cat.

Mark


That's very true.


And truly fascinating. This was fun. I wish I had more time every day so I could do more day trading. I can see why you do it. Alas, I like our other businesses too much, at least for now.



Nice Job guys! I am going to hit the pool , smoke a cigar, push the iron and then hit the Belagio for poker till the wee hours...and then do it again!!

#10 NAV

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Posted 12 June 2007 - 02:40 PM

It's probably instructive for folks to know that NAV and I came at this thing from very different perspectives but were trading it very similarly even as we were looking at different things.

As they say, there's more than one way to skin a cat.

Mark


That's very true.


And truly fascinating. This was fun. I wish I had more time every day so I could do more day trading. I can see why you do it. Alas, I like our other businesses too much, at least for now.


Daytrading's fun cuz we have volatility. When it dries up, i end up wishing, i had some other business.

Edited by NAV, 12 June 2007 - 02:42 PM.

"It's not the knowing that is difficult, but the doing"

 

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