Thursday Trades
12/09/2010 12:36 pm 2 Comments
THURS
IN
SPY – Added to short.
VIX – Added to long.
STT – Started position. Swing trade. Interesting candlestick shadow touching the 200ema.
ARG – Started small position on news.
09 Dec 2010 11:31 [ARG] Hearing Citigroup speculating ARG Board will accept the revised offer (timing uncertain)
09 Dec 2010 11:26 [ARG] Board to review the revised offer from APD at $70/shr
09 Dec 2010 10:18 [ARG] APD raises offer to $70 from $65.50; calls offer “best and final
OUT
KMB (ALL) – Took profit.
DB (ALL) – Took profit.
UUP (1/3) – Took profit.
Few traders in the pit today. Less than half capacity in the last hour of the trade. Usually the capacity reaches around 75% into the close.