Shaky Tuesday, 13 Feb 2007
No new watchlist additions
Possible trades found
AAPL and ACLI but Apple is trading under its 30 and 50 day SMAs, while ACLI is making higher highs on lower volumes. Thus I eventually have to use yesterdays findings - Alcon and F5 Networks.
Trading session
Installed a 5% trailing stop on .QUKCL starting point at 4.4 (actual bid) before market open to make a winning exit sure. I felt a bit too cautious but time will show.
Both trailing stops went twang during the trading closing out two winning trade 30,56% in 33 days for DECK, and 70% in 14 days for ALB. Good!
Had no luck with yesterday's potential trades as they were both trading South till around 11.30 A.M.!
Open positions at market close 12 Feb 2007:
| .ALBCP | ALB MAR 80 Call | $3.50 | $750 | ||||
| .QUKCL | DECK MAR 60 Call | $4.40 | $160 | ||||
| .VIQDR | VIP APR 90 Call | $3.20 | ($300) |
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