BarTune1
441 posts
msg #82304
- Ignore BarTune1 |
11/3/2009 7:24:39 AM
Wow, futures look ugly this morning ....
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Kevin_in_GA
4,599 posts
msg #82306
- Ignore Kevin_in_GA |
11/3/2009 8:29:00 AM
It's one hour after you posted, and 1 hour before the open.
Dow was down -90 or so, but right now it is only down -60. Hopefully will continue to trend higher before the open.
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BarTune1
441 posts
msg #82309
- Ignore BarTune1 |
11/3/2009 8:44:06 AM
Well, at least I only have modest positions right now ..... KSU showed up on my Trading Markets buy screen yesterday along with a few other I follow ...... wish I had picked it up ..... its bid up a couple dollars ....
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tmanbone
124 posts
msg #82310
- Ignore tmanbone |
11/3/2009 8:49:00 AM
I don't think it's looking all that great for the home team.
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Kevin_in_GA
4,599 posts
msg #82316
- Ignore Kevin_in_GA |
11/3/2009 9:28:50 AM
I only bought 50 shares of TNA on Friday at 36.21. I would be OK buying more on the dip, but the swings we are seeing here are wild and unpredictable.
I might be down 50 or 100 bucks today - not worth sweating it. Might add to my position today if it gets below 34.00 (it's trading at 35.15 in PM)
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Kevin_in_GA
4,599 posts
msg #82345
- Ignore Kevin_in_GA |
11/3/2009 3:24:20 PM
Well, the S&P is fractionally down right now, but we still have 35 minutes left (when a LOT of the action happens).
Smallcaps are up today - TNA is trading at $36.81 right now, slowly moving up in the last hour.
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Kevin_in_GA
4,599 posts
msg #82348
- Ignore Kevin_in_GA |
11/3/2009 4:00:43 PM
Out of TNA at 37.45 - profit = 3.42%. Not bad for two days.
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Kevin_in_GA
4,599 posts
msg #82353
- Ignore Kevin_in_GA |
11/3/2009 4:21:18 PM
OK, now it's Tuesday and the markets are closed. How good was the VIX prediction this time?
Dow
9,771.91 -17.53 (-0.18%)
S&P 500
1,045.41 +2.53 (+0.24%)
Nasdaq
2,057.32 +8.12 (+0.40%)
Midcaps
670.03 +7.87 (+1.19%)
Smallcaps
302.58 +3.89 (+1.30%)
Russell 2K
570.17 +7.77 (+1.38%)
Nasdaq 100
1,679.20 +6.29 (+0.38%)
Bingo!
S&P up, despite the scary futures numbers this morning. VIX down to 28.84 (-3.16% today).
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karennma
8,057 posts
msg #82354
- Ignore karennma |
11/3/2009 4:29:26 PM
Keith:
Are you saying the VIX can predict market closing prices?
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tmanbone
124 posts
msg #82360
- Ignore tmanbone
modified |
11/3/2009 5:17:37 PM
bought 1 TNA 38 call @ 2.55 on 10/31
sold 1 TNA 38 call @ 3.90 on 11/03
for a $255 investment your return was $135+$255=$390
a tad better than 50%, not too shabby!
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