A Tycoon's Trading Diary

True story of the making of a tycoon. Options trading, trading systems, wealth, money management...

Wednesday, March 21, 2007

Dull pre-FED deicision, day 1

Watchlist additions and scanned trade candidates
No additions to watchlists.
TuTo Long: Apple (AAPL)
TuTo Short: Baidu (BIDU), Goldman Sachs (GS), IBM, NYSE (NYX)

Trade session notes
I expect the market to start undecisive just like it did yesterday. So, it's still TuTo only that I have to trade with. Woodies CCI would still require too much of my energies to learn.
Int'l markets outlook at 6:18 A.M. EST
Nikkei...17163.20...+153.65...+0.9%.
Hang Seng
...19516.41...+159.51...+0.8%.
FTSE...6232.90...+12.60...+0.2%.
DAX
...6697.10...-3.19...-0.1%.

Open positions at market close 20 March 2007
.ACLEG ACL MAY 135 Call $128.02 2

$2.65
($310.00)