My Trading > My Trading Journal > January 6, 2012

My Trading Journal

January 6, 2012

3:00 pm (PST)

I knew VNM would gap down today based on the Vietnamese market trading down overnight. I put in a limit order for my mom's account for 2,800 shares at 14.20 before the market opened.

VNM gapped down and I got filled right away. VNM traded higher and closed at 14.40. Even though it was only up 8 cents (0.5%), there were 2 big positives. First, it was up even though the Vietnamese market was down, so the ETF will liekly go up even more when the Vietnamese market rebounds over the next couple of days. And second, VNM make a daily reversal, signaling a multi-day rise from here.

My account: Mo options positions (ORCL, SCHW, FSLR) were either up more or even.

My mom's account: ANF was down another point. It is only 2 points away from the strike price with 6 weeks to go until February expiration. BMC was also down over 3% to 32 with the spread at 30.

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