 | oldmantrader- shorting PCXby oldmantrader on July 16th, 2008 at 1:03 pm |
(6 votes, average: 2.5 out of 5)
Loading ...ACI and BTU are down bigtime - think PCX at 133 will follow. Shorting here with a stop just above 135 and a target of 120 over the next few days
hey old man-
would you mind greatly if we re-visit $140 first? much appreciated, thanks for being a sport.
July 16th, 2008 at 3:45 pm120 before 140 bigboy
July 16th, 2008 at 3:53 pmer, uh, okay then. dang. I’d be willing to settle on $135 if you could just play along. I think that’d be fair enough.
July 16th, 2008 at 3:59 pmHey Snipero- just mean to say if it goes past 135 then I am wrong. Would not be able to withstand a move to 140. Will look to add to the short on a break of 129.50
July 16th, 2008 at 4:06 pmTotally in agreement, shorted it yesterday morning for a quick scalp down, bought long for the bounce up- was hoping for $136 before shorting again. It hit $135, which I have reset as my sell point. Pending pre-market activity of course. Gives me a chance to get back in for the ride down and you a chance to average up before it shits the carpet. Good luck.
July 17th, 2008 at 8:29 amokay old man, short to your heart’s delight. Sold my longs @ $135.10 @ reshorted @ $136. Fuckin’ yo-yo shit.
July 17th, 2008 at 10:34 amI foolishly was greedy and let a gain turn into a loss. Sittin on the sideline at the moment. Good trading on behalf though
July 17th, 2008 at 10:51 amAnd covered @ $129…whew. That’s enough of that for one day. But you were right, it’s still going to $120. Time to go to work on something else. Good luck.
July 17th, 2008 at 11:31 amone last thing, old chap… whatcha gonna do @ $120??? I’m dizzy already from this roller coaster! But I’m thinking a gap back up.
July 17th, 2008 at 12:39 pm[...] II: Oldman trader wins again with his (PCX: 118.94 -10.08%) [...]
July 17th, 2008 at 1:29 pmGood job. There will be a little extra something in your Social Security check this month.
July 17th, 2008 at 1:33 pmI am out this f’ing thing- shorted covered - shorted covered again. My heart was fluttering. managed to supplement my social security income by catching a portion of the move but enough already
July 17th, 2008 at 1:37 pmYou Sir, fuckin’ rock. Nice, nice, nice. I may actually have to climb into the ring again @ $119. Crazy shit. Pass the Dramamine.
July 17th, 2008 at 1:59 pmDamn! I sold my CNX puts too early too … CNX down 10 now put PCX down 22!!!
Sniper, you get back in for another round or what?
July 17th, 2008 at 3:18 pm