A Tycoon's Trading Diary

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

Tuesday, June 19, 2007

Watching the fishes fly over

General notes
Found two new issues for my watchlist: EDU and TDW. Thus I have had to omit the worst performers (actually I put them on an archive list based on overall IBD rating being under 80).

Filtered Trade Candidates for the Day

TTC-A: CENX, CTRP, ESRX
GAPHV
: CMI, CRDN, JEC, LUFK, MBT, SPWR, VMC
MACRSI: MBT, SPWR, TSO, VIP, WFT

Trade Session Notes
Nikkei...18163.61...+14.09...+0.1%.
Hang Seng
...Holiday.........
FTSE...6691.60...-11.90...-0.2%.
DAX
...8033.78...-2.34...-0.0%.
CBOE VIX 13.42-0.52

Trade candidates are: CMI, CRDN, CTRP, MBT.

Shortlisted to CRDN, CTRP but did not went out on the 'parquet' due to markets tumbling up and down.

Open Trades as of EOD 18 June
.UPUGR CTSH JUL 90 Call $78.07 $0.1 ($550.00)
Notes Break even at $4.55. Time close at 22 June, Friday. Loosing trade!
.PAQHR PCAR AUG 90 Call $89.15 $4.1 $10.00
Notes Open GAPHV day 8 light retracement
.SWQSV SNDK JUL 42.5 Put $47.31 $0.2 ($420.00)
Notes Channel bottom: $41,65, WATCH RSI 50 mark!!!
.TEXJQ TEX OCT 85 Call $84.84 $7.7 ($130.00)
Notes TTC-A, watch for %Williams -50!!! bounce or not, 81.5 support