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Market Activity on 10/15/2008

13 messages,  Last post on Oct 26, 2008 at 4:07 PM

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#1 of 13
Market Activity on 10/15/2008 by chung
Oct 15, 2008 (11:57 am)
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As you can see from massive volume trade today, I think I caught someone's inside trading.
 
Acura RL (ACRL) 115,107 $61.78 $7,111,310.46 12:52pm 10/15/2008 Sell
Acura RL (ACRL) 115,107 $5.06 $582,441.42 12:52pm 10/15/2008 Buy
 
Update on 3:14PM:
It seems like my gain was from 57sweptside trades
#2 of 13
Re: Market Activity on 10/15/2008 [chung] by mikedrud
Oct 15, 2008 (1:27 pm)
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Replying to: chung (Oct 15, 2008 11:57 am)

That is an insane fluctuation.
 
Ok, I'll look into the trades from yesterday and today.
#3 of 13
Re: Market Activity on 10/15/2008 [mikedrud] by chung
Oct 16, 2008 (6:31 am)
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Replying to: mikedrud (Oct 15, 2008 1:27 pm)

Mike,
 
I am going to cry out loud if you take my money away. If you are doing it, please let me know by email in advance. Since that huge gain yesterday, I probably will not check CSX as often as I used to so far this month.
 
Thanks,
#4 of 13
Re: Market Activity on 10/15/2008 [chung] by mikedrud
Oct 16, 2008 (7:48 am)
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Replying to: chung (Oct 16, 2008 6:31 am)

Is there a reason I should take your money away?
 
If it's because the system let you have a trade at a really low price for some flukish reason, I wouldn't take you money away. If I find something else, I would.
#5 of 13
Re: Market Activity on 10/15/2008 [mikedrud] by chung
Oct 16, 2008 (8:16 am)
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Replying to: mikedrud (Oct 16, 2008 7:48 am)

Of course there is no reason. Previously, when there was a system error, you have taken our money. So, I just wanted to make sure.
#6 of 13
Re: Market Activity on 10/15/2008 [chung] by mikedrud
Oct 16, 2008 (8:35 am)
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Replying to: chung (Oct 16, 2008 8:16 am)

It depends on the error. I'll get back to you on this today.
#7 of 13
Re: Market Activity on 10/15/2008 [mikedrud] by mikedrud
Oct 16, 2008 (11:01 am)
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Replying to: mikedrud (Oct 16, 2008 8:35 am)

No penalty, chung. Everything is on the up-and-up. There were just massive trades going on and thus the extreme swings in price on that stock.
#8 of 13
by pmc4
Oct 16, 2008 (7:42 pm)
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This is, in a nutshell, how it's done. You look for oppty's like this, as Chung has done.
Gotta be glued to the monitor like 24/7, though...
#9 of 13
Re: [pmc4] by chung
Oct 17, 2008 (6:49 am)
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Replying to: pmc4 (Oct 16, 2008 7:42 pm)

My job requires me to be glued to the monitor about 15/5 and I am on the net at home on weekends and evening. Yes, I play CSX too much, but I think the prize is worth it.
#10 of 13
Eyes on the prize by felonious
Oct 17, 2008 (7:26 am)
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That's true. If there were no real prizes, I'd say you played too much. However, those prizes are nice! This is more like a part-time job (for you).

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