Thursday morning (3 positions, 1 new):
Good day yesterday, with commodities kicking into gear, and the 3pm-4pm index trade worked as well. I bought some SSO into the after hour sell-off, but don't have any strong bias for the morning, but I will be buying dips in stocks, should they occur. Accounts hit new all time highs on Wednesday.
-Long SSO from $26.10...just sold (10am at $26.30)
-Long DGP...nibbled on a little more at $12.96, for new avg. price $13.78 (still not full intended size). Stop level remains unchanged....exited some for a small gain, still holding some....sold some more at $16.40 avg price for a nice gain.
-Long DAG...added at avg price $6.76 (near the close) for new avg. price of $7.1866....selling some at avg. price $8.19 (filled only on some so far-too illiquid)
-Cash balances are still 50% yen/50% USD. This "trade" has performed better than expected the last several months, but I'm nearing a signal to exit the yen portion.
Trading accounts equity less than 0.0% from all time highs set on 12/10/08. (includes open positions)
For previous posts visit the archives.
This site is for instructional purposes only, and is not to be construed as investment advice.