Update

Around Noon

What an interesting morning eh? You bet it was. From a green open, to down 130 to where we've been sitting now for quite a while down about 75. What's that all about?

Well you could say that some reality

Insiders Club Update

Around 10 am


I don't pull punches when it comes to beating myself up, and frankly yesterday didn't go as I thought it might. I did expect at least another day or two of "flat" and then another push higher. But

Update

3pm

 

Once again FMCN threw us a curve ball. It has dipped down to our buy in and below, and we bailed right out. Sure I could have given it some wiggle room, but frankly  I don't like this day even a little bit. We opened huge, rand up 130

update

1:35

See what happens when you push a trade? Let's face it, I pushed. I like FMCN a lot, especially over the 11.00 area where it's got a good shot at getting up into a big gap down area it experienced a few months ago.

Update

11:20 am

Okay the morning went exactly as planned. The perfect "gap and trap". Now of course the question is, what's next?

First lets do some housekeeping

We sold our ATPG this morning right after the open. We got 18.07

 Update 3:58

Well how lousy was that? RIMM, after being up to 88 in a day, which was a full 2 dollar gain, got talked down by some idiot on CNBC a few minutes ago. He is some analyst that said he'd be selling ahead of RIMM's earnings. Well that

Insiders Club Update

9.22.2009


Hello friends, let's chat.

First the personal junk. Had to go to the doc's yesterday, which turned into an all day event. Seems that for the second time in my life I've got a blob of skin cancer

Insiders Club Update

9.21.2009

I hate gettin old. They should find a way to prevent it. This morning I have to trek to the Doc's office again. So I'm going to be "out of play" from about ten till, Lord only knows. With that in mind

Insiders Club Update

9.18.2009

12:30

Well good day folks. Mr. market roared out of the gate for no really wonderful reason, then came to a screeching halt, reversed lower and has now sat + 25 - 30 for the last hour and a half.

Insiders Club Update

9.17.2009

10:15

Good morning folks. I just wanted to give you all a quick "heads up' on what's going on this am.

As you know we were carrying 5 contracts of the September 94 DIA calls. We sold