who went short today?

CFA General
#1

i don’t buy the uptrend, planning to make a quick turnaround when people sell for profits tomorrow (hopefully). went short some retail, and commercial real-estate

#2

Long a put spread. if we see rally in morning, I’ll buy 1/2 of my short put (the lower one) leaving myself more short. (bought the QQQQ 33-32 April put spread for 0.57).

#3

Don’t fight the tape.

#4

I’m long time decay…

#5

i’m short as of yesterday :S just pocket change though.

#6

good call ConvertArb, i wish i could trade some butterfly spreads to speculate on volatility…alas i can’t why not XSellSide? you think there is a short covering overload left? what sectors Matt?

#7

financials so i didn’t get too burned today.

#8

with RIM skyrocketing in the After Market, it could kill us short guys.

#9

I’m short financials too, I wouldn’t call it pocket change but I can handle the unrealized loss so far. I’m not buying this whole change to market to market rules. At least my other long positions are doing alright.

#10

word would be interesting to know when the whole Citi preferred to common share conversion deal gets over with

#11

I’ll see FAZ at $40 real soon…

#12

Was at a conference all day and didn’t get to sell anything. Going to liquidate more mutual funds tomorrow if the market finishes anywhere near positive. Up to about 15% in cash.

#13

in FAZ

#14

I can’t believe how many people on here day trade the market. Do you guys do it for fun or are you making money on this? I figure you can earn around 6%-8% CAGR over the next 10 years by simply buying and holding the market. Is your risk-adjusted expected return really better than that through speculative day trades?

#15

carson, tell me this - do managers / mfs / hedge funds ever show you “risk-adjusted” returns on their materials? - the answer is a resounding NO. absolute return % or $ is all that matters mate. btw i have my buy and hold stock portfolio chugging alongside. quick momentum trading works best in extreme volatile markets such as what we have seen recently. it gives me much more room to manage risk on the buy and hold side and capitalize on quick ideas. that said, i don’t have the time to day-trade i.e. buy and sell the same day. my short trades last anywhere between 3 days to 2 months. i set return targets and stay disciplined (interested in behavioral finance stuff). my 2 cents.

#16

Carson Wrote: ------------------------------------------------------- > I can’t believe how many people on here day trade > the market. Do you guys do it for fun or are you > making money on this? I figure you can earn around > 6%-8% CAGR over the next 10 years by simply buying > and holding the market. Is your risk-adjusted > expected return really better than that through > speculative day trades? i’m up 60% in the past 2 months, so i’d say yes, the volatility can help someone who takes the right risks.

#17

Carson Wrote: ------------------------------------------------------- > I can’t believe how many people on here day trade > the market. Do you guys do it for fun or are you > making money on this? I figure you can earn around > 6%-8% CAGR over the next 10 years by simply buying > and holding the market. Is your risk-adjusted > expected return really better than that through > speculative day trades? Small dollars. Nothing serious. My retirement assets are tucked away in mutual funds and blue chips. I keep two after-tax brokerage accounts. One of which I use to “play” in the market buying leveraged ETFs, spec stocks, options, etc… to trade the market. In the other account, I focus on a value strategy. My speculative account has beat the hell out of my value strategy and retirement accounts.

#18

Please define “blue chip”. AIG? GE? C?

#19

JohnThainsLimoDriver Wrote: ------------------------------------------------------- > Please define “blue chip”. AIG? GE? C? +1

#20

Bluechips: FAnnie, Freddie, Lucent.