Wednesday, October 19, 2005
Our leaders and a great overall day
- Fundamental Technician – Ailun Zhan (China)
- Efex 77 – Fernando Moncayo (Ecuador, South America)
- MDZ – Mark Zimmer (MI, USA)
- Stocktrading 101 – Myself (MI, USA)
- Dtucker – Dan Tucker (USA)
Two huge moves today came from Ailun Zhan and Fernando Moncayo. Ailun has bet heavily against oil, and though Wilma is brewing up in the Pacific, his bet has paid huge so far. Ailun controls a very sizable amount of XLE puts that expire in December. Our other major mover today, Fernando, pushed his portfolio nearly 27% higher after his calls gained some major ground. Companies Fernando holds calls in are Home Depot, Whirlpool, and Amazon.com. Lastly, on the consistent rise is Dan Tucker, a veteran to our contests, who is trading very well thus far showing a 4%+ portfolio gain overall. Congratulations to these leaders!
With the market in its current condition, you never know what to expect, and I would also like to congratulate all of our contestants who have taken the initiative to trade thus far. The contest is only getting more exciting, and with so much movement going on in the leader board, it will continue to grow. I have gotten the chance to hear some feedback from contestants, and it is great to see so much excitement towards trading.
If you have anything you would like to comment on about the contest, good or bad, email me this week and I will post it up on the blog. Please keep them as short as possible, so that we may fit them all in. Other than that, thank you to all of our contestants who have traded thus far, and happy hunting.
To the future,
