FAS / FAZ / Daily Discussions / Archives / 11-04-2011 / Tuesday May 31, 2011

Topie: Tuesday May 31, 2011
May 31st, 2011 09:09 AM
membar With this morning's pop, I'm +0.5% with FKOS overall (as of 9:10 EST).
May 31st, 2011 09:23 AM
membar This looks like a day that Allen would sell the FAS gap up at open. I'm going to stupidly hold and get stopped out $0.21 below open.
May 31st, 2011 11:28 AM
BullDog This morning pop, sold a batch of FAS, another batch of GE and another batch of Connco Phillips. Made 2%+ on each.
Trying to buy back FAS if possible.
May 31st, 2011 03:02 PM
membar
Quote:
BullDog wrote:
This morning pop, sold a batch of FAS, another batch of GE and another batch of Connco Phillips. Made 2%+ on each.
Trying to buy back FAS if possible.

I've said this before, but you're amazing. I got stopped out on FKOS, of course. I'm now $8 below breakeven.
May 31st, 2011 04:05 PM
allen314159 Kinda surprised, but my code went with FAS for tomorrow's pop.

I know I said I'd be gone, but I'm back for more FAS/FAZ group terrorizing.

My code kinda erred today. I sold FAS at open, bought FAZ immediately, but the calculated stop was negative because of the very large positive GAP (larger FAS gaps --> larger FAS stops --> smaller FAZ stops), so my code went immediately back into FAS and FKOS'd for today. Because of the large gap, I had a wide sell stop for FAS 27.64 which fortunately made it through by a few cents (phew!).

Anyway still holding FAS.

I'm buying a 60" TV today so I can code from 10' away. :)
May 31st, 2011 04:40 PM
membar
Quote:
allen314159 wrote:
I know I said I'd be gone, but I'm back for more FAS/FAZ group terrorizing.

Glad you're back. Today Mr. Market wiped the floor with me with xKOS.