26 September 2006 US Trade

Posted by Oskar Syahbana
9/26/2006

Okay, I think my friend is right. Although MSCC is on downward spiral and the fundamentals are not good, the technical shows the opposite. A very big volume on yesterday. I’m buying it at 19.63 (after liquidating my previous short position on 19.71). note: after buying it, the stock continues its free fall to 19.60. Am I making a mistake? Only time will tell.

I also set a straddle on GE with a strike price on both 35. Why I did this? I don’t know… I have a serious issue with picking which stock to trade. It’s terminal, someone please help me :P

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Information: September 26th, 2006; 2 Responses

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Categories: Trade

Related Posts: 29 September 2006 US Trade; 27 September 2006 US Trade; Trading Review Up to October 12th Mid-day; My Unusual Stupidity; Lessons from 26 - 29 September Trading

Reader Comments

Comment Number:: 1
Written by:: amellie
Posted on:: 9/26/2006 at 10:45 pm

hey… how r u?? haven’t been here for sooo long. uhm, what happened with the blog.. all of them r about finance, stock… :D really, i dun understand..

Comment Number:: 2
Written by:: amellie
Posted on:: 9/27/2006 at 5:54 am

thx :D I dunno, suddenly I got some inspirations..

About rails… it’s getting so popular now.. u should check it out. It’s a web framework based on Ruby language. Sites like 43things.com and 43people use Rails. Although it’s complicated, but you write less codes than u do in PHP/ASP. It’s pretty cool… but currently not many web hosting has Rails feature in it.

Your interest is in finance?? What happen with IT? :P ok, ok.. fair enough :)

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