SPDR S&P 500 (SPY)

[Neutral Man]

Trade Journal for Dummies(Update)!

Alrighty then, we made $1440 today and $6360 for the first two days of the OE and we LIKE IT! That said, we have a long ways to go to recoup our Apr28 put losses (currently Zero’d Out at a -$19.12 loss)!

We expect prices to GAP below support 804 and 29.86 tomorrow as da-Boyz Long Stop Sweep-em off da-Game Board, da-Longs dat is, LOL!!

That said, we went into the close nearly Net Neutral and we’ll be taking on CASH and Profits regardless of direction, what’s New, LOL!

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 = 1.25 to 1 Net Short bias)

LONG(controlling 20k shares):
14, StO, Apr30 puts at 1.07 (40), last 1.04, 0.12 gain
13, StO, Apr32 puts at 2.02 (40), last, 2.16, -0.52 loss
11, BtO, Apr34 calls at 0.16 (80), last 0.13, -0.12 loss
09, BtO, Apr31 calls at 1.05 (40), last 0.91, -0.52 loss

SHORT(controlling 16k shares):
10, StO, Apr28 calls at 3.06 (40), last 2.80, 1.04 gain
05, StO, Apr28 calls at 2.61 (40), last 2.80, -0.76 loss
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)$, (19.88) or -19,880
Commissions$, (280)
Total cost$, -20,160

CLOSED TRADES:(we've closed 7 trades thru 24Mar)
24Mar(2)
06, BtO, Apr33 calls at 0.22 (40), sold for 0.38, 0.16 gain, post as .64
12, StO, Apr32 puts at 2.03 (40), bought for 1.83, .20 gain, post as .80
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, $6.36/1000 shares or $6360 less commissions (Port starting funds = $42,880, 14.8% posted gains for this OE period).

Daily Gains$:

23Mar- 4.92
24Mar- 1.44

Wkly Gain/(Loss)$:
Wk1- $6.36, 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
20-Mar 29.70 30.03 28.98 29.18
23-Mar 29.86 30.94 29.66 30.90
24-Mar 30.65 30.88 30.31 30.40
4cast
25-Mar 29.59 30.13 28.83 28.96

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, 30.40, up 1.8%
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, 30.40, up 1.8%, 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%