Could Have Been Better
Today, I managed the portfolio like a rookie. I was up a cool 2% this morning, only to give it all back and end the day flat.
It’s funny how complacent one can be in this market, everything bounces, so why sell anything? Well today, I never got my end of day bounce and was stopped out of both $OPEN & $BV for losses. I will likely revist $BV next week.
Other than the two sells, the portfolio remains the same. The important part of today is that I will be advancing to the next round of the March Madness Tournament. But, this time I may be the under dog, $TEVA is a very good opponent here.
Off for a fine cigar.
18 Responses to Could Have Been Better
You are off to smoke a pickle.
2 
5
that doesn’t even make sense.
2 1
It does if you know what pickle means.
1 0
sorry, i don’t do that gay shit.
4 2
Look.. I just won a MAJOR bracket in the tourney and I haven’t eaten all day. I’m a wee bit on a low blood sugar kick and going nuts.
Give me a break.
3 2
well done on your victory, it was a big feat.
2 1
Marc has big feat too? From lifting … heavy lifting?
0 1
You’re over here now, Tea? Any chance we can get an Elliott Wave report?
0 1
Here or @ Fly’s?
0 0
have a nice weekend
1 0
Same to you DJ
1 0
You didn’t trade like a rookie, I gave back some too. It’s just really, really hard. Every single attempt I made this afternoon, whether long or short, failed. Luckily, I went at it small as per Friday rules so I don’t mess up my weekend. But days like today are as hard as they come. On days like these, I’m happy to just end up flat or with a small gain. Looking at $VXX, it looks set up to break down so maybe we blast out of this chop next week.
0 0
Hey Kelkun,
Where ya at Buddy. Come swing by 12361 as haven’t seen you in there in a while.
0 0
18% gain on KUTV today … Cigar smoke!
0 1
Had a nice gain in ATPG too but that faded to a 6-7% gain.
0 1
I see I have a big fan over here … ???
0 0
OEW Daily Recap:
“The market opened relatively flat today. It then rallied to SPX 1375, dipped to 1368, bounced to 1372, and ended the day at 1370. Again, like yesterday, it did not break through SPX 1378 nor break below 1364, Wednesday’s range.”
“During the last two weeks of February we had been expecting an uptrend high, and a downtrend to begin. Thus far, this market has resisted every attempt to breakdown, and instead, has continued to grind out slightly higher highs. We have seen this type of action occur before in this bull market. We’ll cover this and other things in the weekend report.”
“Short term support drops to the 1363 pivot, and then SPX 1352. Overhead resistance is again at the 1372 and 1386 pivots. Short term momentum nearly hit oversold today and then bounced higher. The short term OEW charts remain positive with support just above the 1363 pivot.”
0 0
Ut Oh … The Saints will once again be the Aints sans a #1 draft pick or more not to mention a little lighter in their wallets from some heavy fines dished out that will make that head hunter pool look like a penny poker game for women.
Oh the humanity … this makes Spygate look like child’s play … Sorry for your trouble RC. Really wish it were the Giants … LOL
0 0