Gumby's Trading Account

[etftalk]

Good luck Gumby!

[Gumby]

Thanks Tom,

How do you want us to post the gains/losses? I can take what ETF/stocks I am holding percentage wise of my account and multiply it out. Do you want us to count todays gains?

[etftalk]

Do you want us to count todays gains?

Unfortunately, if we are going to do this in a measured fashion, which may not be the best or easiest idea, we didn't get started correctly.

We'd need info like: bot 100 SDS @ $xx.xx for total of $xxxx.

Perhaps we are not ready for that type of detail yet, and you can just explain your trades for now - without looking at totals and returns. We'll work it out.

[Gumby]

I agree. It would be easier to post the purchase and then the sale.
I think the main thing is to be able to observe what other people are trading and how they are doing with it.

[Gumby]

Sold SKF @ $165
Have sell order in for SRS @ $78, SDS @ $90

The SRS has not ticked up as much as I thought. Maybe the thought of the mortgage bailout is holding this ETF down. Good morning to be short in the market.

[etftalk]

Nice day Gumby. I see SDS hit 87 this morning. Remind us of your purchase prices again. Thanks.

[Gumby]

Originally Posted by etftalk

Nice day Gumby. I see SDS hit 87 this morning. Remind us of your purchase prices again. Thanks.

I had bought the SKF for $154, so I made $11 sh. Of course I should have doubled down when it dropped back to $130 a few days ago....but I couldn't make myself do it at the time.
SDS bought at $78 & $78.40, SRS bought at $65.50. I think SRS will fill at $78 this PM.
I also have some SDS FEB calls strike 84 bought at $1.90...have sell order in at $6.00. The ticker is .SBJBF. Sold some last Friday @ $1.45 when the S&P ticked to 835 last Friday.....Oh well.

I am going to enter a sell for SDS @ $90....may not fill today....but you never know.
My AEE is taking a clubbing today as they slashed their dividend $1.00/sh ....didn't see that one coming...down 16% today.

I am holding TBT that I bought for an average of $39.59.

Trade well

[etftalk]

Nice job! Thanks again.

I am holding TBT that I bought for an average of $39.59.

Good call there.

[Gumby]

Originally Posted by etftalk

Nice job! Thanks again.


Good call there.

Thanks Tom

Sold 50 SRS @ $78...bought at $65.5....19% profit.
I may have sold to quick.

[Gumby]

Sold all .SBJBF to close position this morning @ $7.80.
These are Feb 84 strike CALLS on SDS.

Purchase

Bought @ $1.90 profit 310%
If I could only do that with TSP

I am still holding my SDS.......sell order didn't fill earlier this week @ $90.


Look at that $200+ SKF this morning. I definitely sold too quick. Oh well, profit is good.