Trades 3/15/10

We are still hovering near the peak.  I am not saying that we won't go over the top, but the range has been 10,000 to 10,700 - we'll see.  The Fed meeting could throw things either way.


At open:

Current Holdings

Symbol	Security	Entry	Last	Change	Exit Plan
QTWW	Stock	1.02	0.768	-0.2529	N/A
BCON	Stock	0.44	0.456	+0.016	Stop 0.37

BCON reported this morning and there is some volatility there.  My feeling is that it will be upward, if people actually read the report.

QTWW has asked for my vote by the 29th of March regarding officers and whether or not to increase available shares to 440 million.

I have been waiting for UAUA to make a move up (or down) since my last double options purchase.  It neared $20 this morning (which is where the call craze was about a month ago), so, I got both sides of the coin today.

Updated Holdings

Symbol	Security	Entry	Last	Change	Exit Plan
QTWW	Stock	1.02	0.7205	-0.3004	N/A
BCON	Stock	0.44	0.43	-0.01	Stop 0.37
UAUA APR 25 CALL	Option	0.18	0.18	0.00	N/A
UAUA APR 15 PUT	Option	0.15	0.15	0.00	N/A

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Trades 2/01/10

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Just before 11:00AM, I set buy stops on a TS option and on SKF as suggested in my post on Friday.   Both executed and started toward the positive as the day fell apart.  I am placing a sell-stop on SKF after the first 40 minutes of trading today.  I never recommend any trades during the first 30 minutes of the day unless you plan to hold for 10 minutes - quick profit on a mover.

It's doubtful that my United Airlines options will pan out by February's expiration, but my total investment is less than 1/2 my normal sell stop for the equity itself.   

As I suggested before, risk should be kept at a minimum until we know if the bear market is here to stay.  

Symbol	Security	Entry	Last	Change	Exit Plan
QTWW	Stock	1.02	0.7301	-0.2908	N/A
SSN	Stock	0.276	0.26	-0.016	N/A
SKF	Option	24.31	24.67	+0.365	St.23.60 - GTC
TSWNH	Option	0.25	0.30	+0.05	N/A
UALNO	Option	0.10	0.02	-0.08	N/A

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