Video recap today.
+ SLD 3,000 FRZ false Stock 4.430 USD BATS 09:37:03 15.00
+ BOT 3,000 FRZ false Stock 4.260 USD ISLAND 09:38:18 15.00
+ BOT 200 MENT false Stock (NMS) 9.050 USD SMART 10:28:58 1.00
+ SLD 200 MENT false Stock (NMS) 9.140 USD SMART 10:33:45 1.00
SLD 249 ZRBA false Stock (SCM) 4.07 USD SMART 10:37:16 1.24
+ BOT 10,000 SCLN false Stock (NMS) 4.070 USD SMART 14:41:02 50.00
+ SLD 5,900 SCLN false Stock (NMS) 4.190 USD ISLAND 14:42:04 29.50
+ SLD 4,100 SCLN false Stock (NMS) 4.161 USD DRCTEDGE 14:42:36 20.50
Today’s Profit: $1554.42
Weekly Profit: ($292.39)
Disclosure: No positions. I have a disclosure policy.
0 thoughts on “August 21st trade recap”
Don’t shoot the goose that lays the golden eggs. SCLN a great buy at 4.2!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Nice work on the FRZ short. I shorted at 4.31 and covered half at 4.05 and the rest at 3.89.
MENT- Mentor Graphics
“The Company is a supplier of electronic design automation systems, advanced computer software, emulation systems and intellectual property designs and databases used to automate the design, analysis and testing of electronic hardware and embedded systems”
the fool.com description
had news bullish news today on outlook
in case you were curious
Off Topic Question:
Reaper, have you considered playing foreign markets?
Dr Steenbarger had an excellent post the other day (which you can read here http://traderfeed.blogspot.com/2009/08/why-daytrading-stocks-in-us-is.html )
about how the activity is shifting away from the US. obviously there will always be things to trade here as long as our economy functions at all, but the hot money and volatility might be greater abroad. It’s short but as usual with his stuff it’s a good read.
I think Sykes may instinctively now this and may be partly why he is going to China….
It’s been interesting to watch the S&P mirror moves already made by the $SSEC a couple months earlier…
I suppose this could create new difficulties/opportunities for active traders as now you may not only have to select the right vehicles & sectors but the right markets as well…
dang it I made a typo (know not “now”), this what happens when you are working five hours past bedtime 🙁
Tasty — I played Volkswagen last fall during its uber-short squeeze. I wouldn’t want to play other markets for the most part just for lifestyle reasons–I don’t want to trade all night and day. Also, language barriers for some and the lack of scanning tools I am familiar with are another reason for me to skip them. Canada I would consider trading, though. Anyway, there will be plenty for me in the US for a long time.
“I think Sykes may instinctively know this and may be partly why he is going to China…”
from reading Sykes blog and The Dean’s I think he went there to meet up with the Dean and possibly others. He did have The Dean over at his girlfriends parents for dinner and posted the pics of it and all.
“Tim you could learn so much more about this industry if you were an Honors Student, its a pity you let that EGO get in the way of paying $9.87/month to receive The Dean’s Barely Legal Secrets to Success. See you in Shanghai 😉 “
What program do you use to record your screen casts?
Love the site! Keep up the good work.
meyou — I use Jing Pro. It costs $15 per year and limits videos to 5 minutes in length, but it makes screencasting and uploading to Youtube easy.
Reaper – thinking of shorting SCLN on green to red in order to catch a high point before tim sells on monday?
Tim would sell long before it went red. But if it does open even and quickly go red, yeah I’d short that with wild abandon.