08.15.08
…a day’s trading…8-15-08 Friday.
12:33pm
…let’s try a different style blog…
12:33pm
..lot going on today…S&P 500 slammed up against 1300, and so far is not breaking thru…lets see what the next hour brings…the oils are already done for the day…comments section should work!
1:24pm
…not going to be pretty when the “RAZOR” filter gets done soon…1 stock holding in there is TGT…rest of the list in just minutes
1:34pm
…a few stocks are hanging around, but TGT is the best…
2:36pm
…TGT is looking very good!
2:54pm
…gotta go soon…TGT come on!
3:06pm
…the market is helping out…TGT has a chance, but it has too happen now….I won’t shop here anymore…Do you hear me Target?
3:26pm
…I guess you did…kinda late…but
…buy 1000 TGT @ 51.07 @ 3:22pm….let’s finish strong!..
3:41pm
…so far so good…TGT @ 51.25 and I am looking forward to the last :15 minute block of the day 3:45-4:00pm…this trade is setup to finish at the highs of the day…
4:06pm
…bingo. TGT last trade of the day was the high of the day…sold 1000@ 51.32 @ 3:59 and 22 seconds…
1. less than 2 minutes and only 1 cent below my entry price during the entire trade of 38 minutes.
2. there is no #2…not a big trade, but I took what it gave me..
…good way to head into the weekend…don’t forget…drive fast and take chances! see you Monday!
PS…I captured much of this trade on video..see the excitement, the tension, the back of my head…all this and more at the video blog…click here! and go to video blog!
…might be a few minutes before this is loaded to youtube!
bigdfromtheeastside said,
August 15, 2008 at 10:42 pm
Just checking if you get this.This day has me perplexed.Thats why i hate Fridays!!!
bigdfromtheeastside said,
August 15, 2008 at 11:18 pm
I’m not liking what I’m seeing.Oils stocks held up well into weak oil prices and today first day techs ran out of steam and underperformed.this day had plenty of reasons to at least go up big mid day.All week the rallies have faded into close and todays never developed.
bigdfromtheeastside said,
August 15, 2008 at 11:35 pm
TGT??Wow on a Friday afternoon,you’re brave.I’m going to check it out.Looks like we are going to finish stronger than less stronger but not as strong as i needed.
bigdfromtheeastside said,
August 15, 2008 at 11:37 pm
looks like tgt up,this market is stuck in glue,shake loose.
bigdfromtheeastside said,
August 15, 2008 at 11:45 pm
This is the Friday volatility i love so much,a 15 point range for past hour
bigdfromtheeastside said,
August 16, 2008 at 12:04 am
Nice tgt trade,you were dead on and did it on a 5 point dow move.Nice!!!My trades netted me a big fatty flatty,only good thing is Monday i get some moves back so IF i can avoid a painful open i should get some stops in and be ok.I hope we get a good Monday!!!!This time give me the chance like last Monday I’m selling into it!!Have a good one and go shop at TGT.
…hello Target here I come…Jelly beans for everyone… !
bigdfromtheeastside said,
August 16, 2008 at 12:34 am
Heh qlds popped afterhours amking my day a positive,i guess everyone wanted to load up before Mondays huge rally,gap open lock limit,oil at 110.50 on open,gold 750 and Target announces they are being taken over by Walmart for 83 dollars a share!!Heh trade it,i didn’t
bigdfromtheeastside said,
August 18, 2008 at 4:41 pm
Well here we are Monday morning,Target did not get taken over and market not up 300 pre open.Does look pretty solid and does appear to be trading on oil which the hurricane has not pushed around too much,YET!!Any excuse and this baby can turn on a dime.A lot of talk of sub 100 oil good for market.Just need a couple more strong days or even one super strong and i will begin rotating out of my extreme bullish position into my extreme bearish position.We shall see,Oil holds the key.That rhymes.
bigdfromtheeastside said,
August 18, 2008 at 5:04 pm
Monday,forget Monday.This market owes us 200 points of upside after Fridays non rally.Prepare to accept a gift.But keep Jeffs despise Monday view in back of mind and BEWARE of late day sell off.Looks like we may get the strong open after all.
I called for s@p 1385 when oil at these levels and stick to it.Oil now breaks to 110,then a little oversold rally to 117 and then next time we sink below 113 we will be at s@p 1385 heading for 1430.
bigdfromtheeastside said,
August 18, 2008 at 5:25 pm
Oh yes the 9-9.30 oil rally followed by the 9.30-10 oil selloff.Good luck today.
bigdfromtheeastside said,
August 18, 2008 at 5:35 pm
make that 9.30-10.00 oil rise=market selloff.I think i am becoming a Monday hater too!!!Come on Mondays,make me a believer!!
bigdfromtheeastside said,
August 18, 2008 at 5:57 pm
9.55 mon am oil at +1.10,didn’t everyone here were heading under 100 a barrell,sell the black smell greasy stuff and send this market higher,it’s 10.00 am.Last chance to jump on board!!!!!!!