Stepping To The Sidelines
Made some money in TSL and EXM on shorts and I'm choosing not to get overly involved in this low-volume market.
As far as swing trades go, I closed my DE position at $148.70 and my FED at $50.27. I also initiated a LAZ short at $42.37. "The Fly" best be right about that one...
So for now, my swing account reads:
100 POT
100 NMX
-200 LAZ
The good news on my swing account is that (as of yesterday's close) I made $1135 in it for the month. Doesn't sound like much, I know, but considering that I was down $1500 in it right after the FED cut, I'll take it. Also, I only traded this account with small positions... 100 and 200 shares. I may try to build those positions slightly in October if the market is still cooking.
Going surfing.
6 comments:
Glad to hear your doing well in the market. Don't look at ANW today, it will only make you mad.
Yeah, that stings.... it's my worst stock today because I tired to get short!
-DT
You forgot Sue Herera in your poll.
Yea, if it were not for my swing trade account! look at GIGM I loaded up on it (500) right after earnings.. But Im just lucky, Ive had a core position since May. So roller coaster baby!
mdawsz,
Sue Herera was not forgotten... unfortunately, I could only include 10 choices in that poll. I stuck her from the list. I apologize if she was the anchor you most wanted to sleep with. :)
-DT
hrgreen,
Yeah, I guess when swing trading is working it's the way to go!
Nice trade on that GIGM. Keep on keeping on,
-DT
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