SPY system did NOT go long!

    Posted by matt on 4th of May 2011 at 04:26 pm

     

    VERY IMPORTANT!!

    I greatly apologize, the SPY system did NOT go long, price did not close below 134.79, SPY closed at 134.83

    I'm greatly sorry for this, TS reported the wrong price at the close and then updated it.  However SPY did not close below 134.79, so the system is still in cash!  Obviously SPY is now closed, if you own SPY and wanted to exit, SPY is open until 8:00 PM EST.  Again this will not happen again, the SPY closed at 134.83 that was obvious, I should have ignored the weird tick at the end of the day.  at least I know this going forward.  Again I apologize greatly

    PLEASE watch this video

    http://breakpointtrades.com/jing/2011-05-04_1521.swf

     

    Matt - no worries

    Posted by twedlediva on 4th of May 2011 at 05:37 pm

    Never a dull moment, eh Matt? It happens! Scottrade printed 134.83 and I was wondering if they were wrong and TS was correct. 

    I had no idea that

    Posted by chuckw on 4th of May 2011 at 04:39 pm

    I had no idea that the SPY system was going to be this exciting. :-)

     

    oops!

    Posted by sschulman on 4th of May 2011 at 04:39 pm

    I read that post, immediately sold my 2 eminis at market for an after-cmmssn profit of $32 dollars. My heart is thumping. Smile

    .....Susan

    years from now this day won't matter; these things happen

    Posted by rikkwan on 4th of May 2011 at 04:33 pm

    the point is that in the long run we will come out ahead

    MATT -- THANKS VERY MUCH

    Posted by puma on 4th of May 2011 at 04:32 pm

    MATT -- THANKS VERY MUCH FOR YOUR QUICK CLARIFICATION!

    Looks to me like anyone who bought it AH in the 70s can kick it out now for a wash, even a small profit :-) I see it 134.89 bid.

     

     

    System hasn't even made an

    Posted by aharon on 4th of May 2011 at 04:39 pm

    System hasn't even made an official trade and I've already made $5 off it. Got in at 134.79 and back out at 134.89

    I did too.  I bought

    Posted by seadelight on 4th of May 2011 at 04:44 pm

    I did too.  I bought after 4 and got in at 134.75.  Got out and made a whopping $10.50.  I'm starting off ahead.

     

    Hang in there Matt.

    Lol, take the wife, girlfriend,

    Posted by cw12 on 4th of May 2011 at 04:56 pm

    Lol, take the wife, girlfriend, or mistress(TM Matt) out for a happy meal. Wink

    One trade won't make or break us

    Posted by perthx on 4th of May 2011 at 04:28 pm

    but dang it was frustrating!!  See, this is proof Osama is still alive, lolol, messing with TS like that. 

    No problem. Thanks for letting

    Posted by chlo888 on 4th of May 2011 at 04:28 pm

    No problem. Thanks for letting us know so quickly.

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