6 replies to this topic

[NAV]

Closed my remaining QQQQ calls from yesterday for 10 cents profit.

Also went short NQ at 1950. 10-12 point mental stop.

NQ 120-min turned down and it appears that we have entered a acceleration zone.


I abandon my bullish view right here. Only an hourly close above NQ 1961 will get me bullish, which i highly doubt at this point

Edited by NAV, 22 June 2007 - 11:28 AM.

[Mr Dev]

Closed my remaining QQQQ calls from yesterday for 10 cents profit.

Also went short NQ at 1950.

Now now you know better,.... than to post a .10c profit....that's not very fair.

Would that be a .10% gain or a 100% gain..

just the percentages ...points are all relative .

Edited by Mr Dev, 22 June 2007 - 11:26 AM.

[NAV]

Closed my remaining QQQQ calls from yesterday for 10 cents profit.

Also went short NQ at 1950.

Now now you know better,.... than to post a .10c profit....that's not very fair.

Would that be a .10% gain or a 100% gain..

just the percentages

That's 20% percent on the premium paid. (of course not on my total account LOL). On my total account it works out to be about .5% percent based on my leverage. Nothing to celebrate

Edited by NAV, 22 June 2007 - 11:34 AM.

[OEXCHAOS]

NAV, You're a joy to watch. Mark

[Mr Dev]

Closed my remaining QQQQ calls from yesterday for 10 cents profit.

Also went short NQ at 1950.

Now now you know better,.... than to post a .10c profit....that's not very fair.

Would that be a .10% gain or a 100% gain..

just the percentages

That's 20% percent on the premium paid. (of course not on the total account LOL).

That's more like it

[NAV]

NAV,

You're a joy to watch.

Mark

Thanks Mark. As i mentioned in the morning, they violated my intraday pivots at NQ 1950.50 and ES 1523.25. So, no choice for me other than turning bearish. Hope it does not turn out to be another whipsaw

[NAV]

Covered NQ after close for 5 points profit. Flat for the weekend.