Positions Going Into 5/18

[whodi]

Still holding Positions on

LLTC-PRICE 37.85 5000 SHARES- I SHORTED THIS STOCK-
CAG-PRICE 24.40 5000 SHARES- I SHORTED THIS STOCK
NEM-PRICE 41.75 10,000 SHARES-
MOT- PRICE 18.20 20,000 SHARES

Recap of todays action:

I daytraded NEM a few times and ended up making $1,750.

MOT and LLTC are moving nicely for me at my current positions in them. NEM is the 1 stock that has really turned on me. I am definitely minimizing the losses I may have on this stock with the daytrades on it.

Todays profits on my trades are $1,750 bringing this weeks gains from $15,575 to $17,325.

[Goods]

NEM has been brutal. Looks to be plenty oversold but with the constant bad news, I'm wondering if people are just running. I might just eat half the loss now and wait out the rest.

Sold MOT too early but any gain is a good gain. Nice work on the double up Whodi.

Cut my losses Tuesday on GRRF. Rookie mistake but got out before it dropped another .50 sh thankfully.

Put in an short on ANAD for $12.20 but didn't climb past $12.18 this afternoon. See again tomorrow. Good luck to all.

NMX made a fine run today. Profitable again for me. Seems to bounce high after a drop near $118-$120 over and over. Look at late NOV 06, early JAN '07, early Mar '07 and just a few days ago.

NYX looks ready for a run but not the most stable stock in the world.

Still watching MCD for a break in the uptrend.

Ebay's all over the place but looking oversold.

~~Thoughts on these are welcome~~

[whodi]

I will look into some of your stocks later this evening. I am going out for a little bit and I am going to watch the NBA game. Thanks on the MOT congrats, I am not ready to sell it yet, I feel like it just broke out and I want to see how it runs a little, If anything, I may sell half the position and take some profits along with LLTC.

[whodi]

Originally Posted by Goods

NEM has been brutal. Looks to be plenty oversold but with the constant bad news, I'm wondering if people are just running. I might just eat half the loss now and wait out the rest.

Sold MOT too early but any gain is a good gain. Nice work on the double up Whodi.

Cut my losses Tuesday on GRRF. Rookie mistake but got out before it dropped another .50 sh thankfully.

Put in an short on ANAD for $12.20 but didn't climb past $12.18 this afternoon. See again tomorrow. Good luck to all.

NMX made a fine run today. Profitable again for me. Seems to bounce high after a drop near $118-$120 over and over. Look at late NOV 06, early JAN '07, early Mar '07 and just a few days ago.

NYX looks ready for a run but not the most stable stock in the world.

Still watching MCD for a break in the uptrend.

Ebay's all over the place but looking oversold.

~~Thoughts on these are welcome~~

Ebay is all over the place and oversold, no interest in this stock until it stabalizes a little bit.

MCD is no where near breaking its uptrend yet, so there is not really an entry point in my opinion, stock has been a stud

[whodi]

Originally Posted by whodi

Still holding Positions on

LLTC-PRICE 37.85 5000 SHARES- I SHORTED THIS STOCK-
CAG-PRICE 24.40 5000 SHARES- I SHORTED THIS STOCK
NEM-PRICE 41.75 10,000 SHARES-
MOT- PRICE 18.20 20,000 SHARES

Recap of todays action:

I daytraded NEM a few times and ended up making $1,750.

MOT and LLTC are moving nicely for me at my current positions in them. NEM is the 1 stock that has really turned on me. I am definitely minimizing the losses I may have on this stock with the daytrades on it.

Todays profits on my trades are $1,750 bringing this weeks gains from $15,575 to $17,325.

I forgot to list this stock in my portfolio here, I shorted 10,000 shares of ANAD at 12.10, stop loss is 12.55

[whodi]

I covered my short at 12.40, dont like the action in this stock, cutting my losses. lost 30cents, losses of $3,000 on this trade