PeakTrader.com

[administrator]

Jul 12th DayTrading Portfolio (fourth update):

I bought 1,000 shares of QQQQ at $37,500 [37.50], bought to cover 1,000 shares of IWM at $70,500 [70.50, for $500 gain], bought 1,000 shares of KBH at $42,750 [42.75], and bought 1,000 shares of EBAY at $27,000 [27.00].

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 over $100,000, including about negative $5,000 in cash.

Shares Long

QQQQ 1,000
EBAY 1,000
KBH 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
---------------------------------------------------------