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Thursday, June 19, 2008

stock market and stock trading, nasdaq 100 June19 2008, 2:35PM Call

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Stock trading and options trading :

NDX at 1987. I just went short again. I am going to post my execution report later today. Stay tuned!

Here is what I did this afternoon:

1. With NDX at around 1976, I went short at 12:34ishPM
2. Covered at 1:46ishPM
3. NDX at around 1987, I went short at 2:34:ishPM

I told you that expiration can be wild, and that it starts Thursday afternoon!

This market is going wild! They seem to want to pin the QQQQ at 49.00, but I think they would not be successful. It might go down back to 48.50 or even 48 tomorrow. The bears were covering in rallies!

They seem to want to pin he dow index at 12100 (DIA at 121). It is currently at 120.95 at 2:48PM. As soon as DIA reaches 121 (Dow 12100), watch for it to reteat or stay there, but it would not go beyond that as the force that brought there (if for pinning will not go much further than that).

UPDATE:



I promised a copy of my trades. They are attached. I have removed information that are private or too detailed for privacy reason. The point I would like to make is that my trades are consistent with what I write on this blog.

Happy trading


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Happy trading,

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