Gonzo Trading

[DrGonzo]

A thread for short term stock trading, swing trading and the occasional long term investment.

Open long positions: GOOG, AAPL, QSII, SMSC, CLDN, MIDD & EXP.

Open short positions: FVRL, DVAX, ALXN & ACEL.

Note: For ease of record keeping all of my posted transactions will be based on closing price (last trade)..........as I do not have the time to cost average & post in real time for the purposes of this thread.

 

[DrGonzo]

Trades for 1/31/06:

LONG IFO 719 @ 13.69
LONG CWTR 1754 @ 20.40
LONG HITK 1362 @ 25.26

 

[DrGonzo]

2/6/06:

Sold QSII 131 @ 90.88.

Now out 75% of my original position on this one.

 

[DrGonzo]

I have a feeling this one could be a falling knife.....but my system puts it in play so here it goes........

Long HANS 196 @ 80.59

 

[DrGonzo]

Added to my ALXN position today:

Short ALXN 101 @ 31.30

Now have a full position of this beast......for better or for worse is yet to be determined.

 

[DrGonzo]

Unloaded some more EXP today:

Sold EXP 30 @ 159.20

Currently holding 10% of my original position.

 

[DrGonzo]

Did some shopping today......

Long CMED 362 @ 35.90
Long BOOM 352 @ 30.05
Long SWN 482 @ 35.08

We should get a bounce soon if 2250 holds.

 

[DrGonzo]

Unloaded some more of my CLDN position......

Sold CLDN 72 @ 35.55

Currently holding 10% of my original position.

 

[DrGonzo]

Started as second QSII position.....

LONG QSII 220 @ 68.24

 

[DrGonzo]

Locked in some profits on HANS today......

SOLD HANS 98 @ 89.96

Still holding 50%.

 

[DrGonzo]

Stopped out of ALXN 202 @ 35.46

All out.

 

[DrGonzo]

ACEL down 22% today.......couldnt resist locking in some profits here:

Covered ACEL 1017 @ 3.27

Still holding 25%.

 

[DrGonzo]

Cashed in on ACEL today.......

Covered ACEL 339 @ 3.15

All out.

 

[DrGonzo]

Forgot to post this one......

LONG SNDK 174 @ 57.39

SWING TRADE

 

[DrGonzo]

Unloaded HANS on thursday:

SOLD HANS 98 @96.89

All out.

 

[DrGonzo]

Reducing exposure here........

SOLD EXP 21 @ 164.57 (ALL OUT)

SOLD MIDD 86 @ 95.00 (ALL OUT)

SOLD CLDN 70 @ 23.72* (ALL OUT)

* 3-FOR-2 SPLIT ADJUSTMENT

 

[DrGonzo]

Closed out CWTR.....

SOLD CWTR 1754 @ 22.10

All out.

 

[DrGonzo]

Picked up 1K of AAPL here at 68.80 for a day trade.

 

[DrGonzo]

Stopped out at 68.50

Never was very good at day trading.

 

[DrGonzo]

Hit AAPL again @ 68.18

1K