due to a bad habit i spent most of the morning chasing dreams in my bed. justifiably, i was a little eager to get back to trading, especially as today was my smush YM, in the ass, day. okay, i only put "in the ass" because...well...YM treated me that way on friday. sob, yes i was treated oh so badly, so vilely....okay sorry...so my first trade i short the YM and within minutes i see it's a bad trade, but my brain's still doozy and i watch it run up and then sit there marvelling at my stupidity. well i watched tv in between. animal planet rocks. anyway i was able to collapse for a minor loss and after that, just from watching the tape, i had got my rhythm back.
the easy money was in the morning runup. well, easy...if your watching the damn chart in the afternoon. hahaha..ha. day trading humor.
well, i reversed and went long. made up my loss and some extra cash. GS was very weak. i think this rally may have a dip tomorrow morning. went short NUE, was gonna double down, but then realized this was a strong commodity rally...so instead shorted IBM. large speculative position in IBM, but fairly confident it's runup is bogus. weakness at close confirmed, but tomorrow's another day.
had a mango. nectar of gods.
Underlying | Quantity | Action | Price | Description | Time | Date | Exch. | Commission |
YM | 4 | SLD | 8700.0 | JUN09 Futures YM JUN 09 | 13:20:34 | 20090601 | ECBOT | 8.52 |
YM | 4 | BOT | 8710.0 | JUN09 Futures YM JUN 09 | 14:53:45 | 20090601 | ECBOT | 8.52 |
YM | 4 | BOT | 8700.0 | JUN09 Futures YM JUN 09 | 15:12:47 | 20090601 | ECBOT | 8.52 |
YM | 4 | SLD | 8720.0 | JUN09 Futures YM JUN 09 | 15:29:40 | 20090601 | ECBOT | 8.52 |
NUE | 10 | BOT | 8.20 | JUN09 55.0 PUT Option NUERK | 15:34:57 | 20090601 | PSE | 7.00 |
IBM | 20 | BOT | 3.10 | JUN09 110.0 PUT Option IBMRB | 15:42:01 | 20090601 | PSE | 14.00 |