Trade Journal for Dummies(Update)!
DAILY COMMENTS
Wowza… we got a close actually sightly higher then the 4cast and we expect No Relief for da-Shorts into Wednesday as da-Boyz put a can of “WhipAss” on dem Bears! I understand dis is Pay-Back-Time and da-Boyz wrealee, wrealee, wrealee like Pay-Back-Time, LOL!
We expect prices to GAP and HOLD as da-Boyz go into distribution mode and tease da-Shorts ALL day with prices Creeping higher into the Close?
Since we expect ZERO action below the OE Pivot, 29.18, we’ve already written the Apr28 puts off as worthless!
TODAY's COMPLETED and/or PENDING TRADES:
New trades today:
None
Pending trades(GtC, Good till Cancelled):
None
TRADE HISTORY:
OPEN POSITIONS(Long/Short ratio = 3.0 to 1 Short bias)
LONG(controlling 4k shares):
06, BtO, Apr33 calls at 0.22 (40), last 0.41, 0.76 gain
SHORT(controlling 12k shares):
05, StO, Apr28 calls at 2.61 (40), last 3.31, -2.80
02, BtO, Mar28 puts at 1.87 (40), Taken to Zero, -7.48 loss
01, BtO, Mar28 puts at 2.91 (40), Taken to Zero, -11.64 loss
Pending Gain/(Loss)$, (21.16) or -21,160
Commissions$, (200)
Total cost$, -21,360
CLOSED TRADES:(we've closed 0 trades thru 23Mar)
23Mar(5)
06, BtO, Apr33 calls at 0.22 (80), sold for 0.42, .20 gain, post as .80
07, StO, Apr33 puts at 2.95 (40), bought for 2.75, .20 gain, post as 0.80
08, BtO, Apr29 calls at 1.91 (40), sold for 2.16, .25 gain, post as 1.00
04, BtO, Apr30 calls at 1.25 (80), sold for 1.44, .19 gain, post as 1.52
03, StO, Apr31 puts at 1.95 (40), bought for 1.75, .20 gain, post as .80
Beg Port Balance , $30,000
FebOE gain/(loss), $ 2,100
MarOE gain/(loss), $10,780 (pending $-12,400 loss on Apr28 puts carried over)
Posted gains against 1000 shares, $4.92/1000 shares or $4920 less commissions (Port starting funds = $42,880, 11.5% posted gains for this OE period).
Daily Gains$:
23Mar- 4.92
24Mar- ?.??
Wkly Gain/(Loss)$:
Wk1- $4.92, Wk2- $?.??, Wk3- $?.??, Wk4- $?.??
4cast(like TA, Charts, Fibs & Lies), is ONLY for entertainment purposes!
We expected prices to be up 12.5% and clean da-Shorts clock, OUCH!?
Date Open High Low Close
YTD OE Stuff:
Pivot, 29.86, (closed 19Dec08)
High, 31.68, up 6.1% (posted 10Feb)
Low, 25.63, dn -14.2% (posted 09Mar)
Close, 30.90, up 3.5%
Range, 6.05
PM, 20.3%
R8, 41.8, 40%
R7, 40.31, 35%
R6, 38.82, 30%
R5, 37.33, 25%
R4, 35.83, 20%
R3, 34.34, 15%
R2, 32.85, 10%
R1, 31.35, 5% with the YTD High being at 31.68 we expect dis-Puppy to be breached SOON!
Closed, 30.90, up 3.5%, Above the OE Pivot and the YTD Pivot, VERY BULLISH!
YTD Pivot, 29.86, 0.0%, a breach and close above this pivot will cause serious upside action?.
AprOE Pivot, 29.18, close on 20Mar
S1, 28.37, -5%
S2, 26.87, -10%
S3, 25.38, -15%
S4, 23.89, -20%
S5, 22.4, -25%
S6, 20.9, -30%
S7, 19.41, -35%
S8, 17.92, -40%
Market Data 
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