I missed the day. Can anybody tell me when AAPL and JOYG were shorted, and why? That would be just enought for me. many thanks..
General bias for the day - based on maccis pre-open was short. Volume was low due to indecision over the bail-out.
My logs show:
AAPL - shorted at 10:55:59 - $126.21
75% covered to take profits at 10:58:39 - $125.54
remainder stopped out at B/E + 2cents - at 11:07:41
10, 5 and 3 min macci turning down, spike on 1 min macci in o/b territory
JOYG - shorted at 13:18:20 - $47.52
75% covered to take profits at 13:29:39 - $47.27667
remainder covered at 13:34:40 - $47.31
10, 5 and 3 macci turning down, 1 min had just exited o/b territory
I also had a RIMM short, which I think was also one of Iraj's calls
12:38:23 - $71.641429
12:41:08 - 75% covered at $71.4140
12:44:23 - remainder covered at $71.66 (think this was meant to be B/E + 2 cents, so it looks like my stop price was incorrect here)
Other traders will show variations over the exact entry/exit points. So because of the uncertainty in the market Iraj was looking for quick scalps with around 20-25 cents profit, rather than longer runs that might be hit by the news
Charlton