PeakTrader.com

[administrator]

Jul 12th DayTrading Portfolio (second update):

I bought 1,000 shares of QQQQ at $37,500 [37.50], and bought to cover 1,000 shares of IWM at $70,500 [70.50, for $500 gain]. Premarket: I plan to buy to cover IWM at 70.70 or lower, or buy 1,000 shares of QQQQ at 37.50.

If the market opens high, I'll sell short SPY IWM or DIA. If the market opens low, I may buy EBAY MXIM or IMGN. Also, XOMA, currently 1.75, is a long-term buy below 1.70. IWM was sold short at 71.00. A stop loss is set at 72.20.

My portfolio is about $105,000, including over $65,000 in cash.

Shares Long

QQQQ 1,000

Shares Short

None

Portfolio at $100,000 on Jul 1st, 2006 This portfolio will start with $100,000 cash and $100,000 margin. Support and resistance levels will be noted. Buy and sell price targets, and stop losses will be set.

Trades; Shares; Gain or (Loss); Total Gain or (Loss)

13:MXIM 1,000 Long +$500 +$2,450
12:IMGN 5,000 Long +$500 +$1,950
11:KBH 1,000 Long (-$2,150) +$1,450
10:SMH 1,000 Long (-$600) +$3,600
9:IWM 1,000 Short +$300 +$4,200
8:SMH 1,000 Long +$500 +$3,900
7:SPY 400 Short +$200 +$3,400
6:SMH 1,000 Long +$450 +$3,200
5:KBH 500 Long +$300 +$2,750
4:KBH 1,000 Long +$200 +$2,450
3:KBH 1,000 Long +$900 +$2,250
2:IWM 1,000 Short +$1,000 +$1,350
1:SPY 500 Short +$350 +$350
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