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I have actually screwed this trade up not through my own method but more from a software glitch and so I am going to kill all the above.
[ATTACH]
Just got long 10 stocks blotter to follow
Lookup "Time Decay".
SPY $2.65 ANTM $2.72 EXPR $0.23 Total $5.60 I was running at a loss of around $1.87 and so I am now ahead by $3.73. Its proving very difficult...
SPY CLOSED @ 209.29 ANTM CLOSED AT 153.76 EXPR CLOSED @ 18.23
Covered all just now prices to follow.
Long SPY @ 206.61 Long ANTM @ 151.04 Long EXPR @ 18.00
I am bailing. With an open this ugly it could get worse. The buying I was picking upon literally disappeared the minute I got filled. Out @ 212.3...
Just got long @ 212.60
Still hunting but the bullishness that I was talking about earlier is beginning to wane an I am not overly confident on how well a long from these...
I am quite pleased I exited when I did. Looks weak today and may even trade into the gap. Will be monitoring but most probably will trade next week.
The thing what I find is that when I get a good entry it is generally not where most people would be entering. A great example of this is...
-$0.09
Ok cutting this one right here @ 211.94.
It was looking decent at first and I was not expecting the gap to fill as the buying was quite strong. Since my entry we seem to be fast losing...
Long SPY right here @ 212.03
I am a buyer at 210.92 or close.
Let me just clarify that even though I believe a top is forming I do not think we will see much in the way of downward pressure more likely...
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