Morgan Stanley

[MangeMan]

Actually I like to also trade NYSE stocks, sold MWD at 59.50 looks like it's breaking down a triangle, could reach 58-58.20 I think but probably not today so then one would have to stay over 3 day holiday.

Chart:
chart

 

[MangeMan]

It's bouncing of 59.10 now

 

[MangeMan]

oups went straight through I had thought it would bounce of that last low a bit

 

[MangeMan]

Covered at 58.85

 

[MangeMan]

And I covered because as I said to reach my target I would most likely have to stay over a 3 day holiday and I don't wan't that so I prefered to take a 30min 65 cent profit in this case, of course though it's going down more now 🙂

 

[FetteredChinos]

nice trade Mangeman..


always good to bag a profit before a holiday.


had to read your name twice though..

but then again, i am rather filthy...

 

[MangeMan]

thanks yes I understand it's some word that my name can be mixed up with? Mange is a nickname for my real name Magnus

 

[MangeMan]

MWD is down to 58.45 now hehe there you go

 

[MangeMan]

turned up from 58.02 now haha that was really funny, Jesse Livermore knew his stuff gotta sit tight when right

 

[MangeMan]

It dived straight down to 57.48 amazing, inversed expiration reaction that sometimes happen, anyway in 9 times out of 10 I stay in this trade but on expiration day I thought they would defend it and throw it back up, also a 3 day holiday, so I'm happy with my trade, I'm short apple from 87 taking weekend now with that one at 86.50 they wont let it down today, had it been a tuesday it would have dived 😉