Daytrader TOAD's
Recaps 14 
Past Daily Activities:
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10/21/98 18:00 (17:00 Central Time)
OK, we are headed out to dinner - AT is buying.
But first things first - WE HAD BAGELS at the AT's place this morning. Nice, we
appreciate the thought and the bagels. It's not even Friday!
The AT did well today, entered the Nov 530 Calls (OEWKF) at 13:05 (12:05 CT)
at $14 hung in there and missed them when they ran up to 15, but got nervous and
hopped out at 14:46 (13:46 CT) with a profit of 3/4. (He got out at 14 3/4.)
So, he made enough to take us to dinner tonight!
Will update again after we get back from dinner. Hope you all did well today.
10/20/98 23:05 (22:05 Central Time)
Well, we are settled into our motel here in cold country - found out it might snow before
we leave to go home! Market opens up at 8:30 central time - don't know if I'm
gonna like this.....
Brought Mrs. Toad's laptop and discovered we have not imported the ICQ toad list
onto this computer. We don't usually send signals during Apprentice Toad training,
so I guess it's OK that we don't have the ICQ list here.
Will try to update the site tomorrow after we train the AT.
Guess I should tell you that we didn't trade anything today - just got to see a little
of the market before it closed. Didn't look like a lot happened today. This is a totally
different perspective when you are not following the market by the minute.
So until sometime tomorrow.... good night and brrrrrrrrrrrrrrrrrrrrrr.
10/20/98 real early
Hey, it's after midnight. So, Good Morning from the Toad. Have a great
day - don't know if I'll be able to update from the AT's place. Will let
you know. Good trading all.
10/19/98 23:30
We went out to dinner, did a little shopping and now are all packed for
tomorrow. Way too late to be on the internet, but here I am.
Were real serious about calls first thing this morning, then .... thought
maybe puts for a short while until the market went back up. Then we decided,
this sucker was in a trading range, nothing really took off today. Plus
we didn't want to leave anything open today with us on the road tomorrow.
10/19/98 13:30
Think about this, a Toad in a turtle-neck sweater....
Toad Update 10/19/98 #2 EMAIL and ICQ 12:50
Well, we blush to admit that we have been bought out for two days by
sheer capitalism.
Tickets just arrived here at Toad Central for us to travel to an
Apprentice Toadsters place to train him the next two days. We will be
leaving here Tuesday morning and then doing the AT training on Wednesday
and coming back to Florida on either Wednesday night or Thursday
morning. Depends upon the return flight connections and when we finish
up with the AT. (Tradition has it that the AT takes Toad and Mrs. Toad
out to dinner using some of the days profit.)
SO, we are packing and getting some last minute things together, we are
traveling to COLD country. You know Toads do not do well in COLD.
Still looking at the pond today...
Gonna finish lunch first.
Toad Update 10/19/98 #1 EMAIL and ICQ 11:48
OK, I'm gonna fess up. I WAS looking at the OEWKD's Nov 520 calls
earlier today.
Nope, we didn't hop - and now.... who knows.
Still here, by the pond watching.
10/19/98 8:50
Good morning - we are here watching the pond...
10/18/98
We lost - I don't want to talk about it...
10/16/98 16:45
Yep, we looked at the OCT, DEC and DEC calls today - then didn't buy anything!
Next month Mrs. Toad says we take off OEF....
Now the announcements you have been waiting for:
1) Yes, the Jaguars are playing this weekend. Buffalo Billies are playing our Jaguars!
Sunday at 1:00 Jaguars play Buffalo!
2) Yes, 
some "free trial" toadsters will drop off the list
tonight. They will be "Toadless" if they don't subscribe.
3) Yes, we made some money this week:
We are UP $3,850 this week
and
UP $78,946 this year!
Have a great weekend - see you next week.
Toad Update 10/16/98 #1 EMAIL and ICQ 16:10
I do this almost every OEF (Options Expiration Friday) - I look at the
next months options and they just cost too much. The 520 calls are $18
more if you buy the NOV ones, heck the DEC 520's only cost $10 more than
the November.
So, I keep thinking I'll move on to the next months options earlier and
then I don't.
Let's see what these suckers run on Monday - of course then they will be
the only game in town....
Some "Free Trial Toadsters" will drop off the list tonight - don't let
it happen to you!
10/16/98 9:20
We are enjoying the bagels you sent - thank you very much. Should be a STRONG opening today.
10/16/98
Check out our new order form and address at:Subscription Order Form
10/15/98 23:35
SO, we went out to a nice dinner tonight - got back and watched the end of the Detroit/Green
Bay game.
Discussing today's market over dinner, Mrs. Toad said, "It was probably good you weren't there
to get in today."
Maybe she was right, the way the market ran up, IF we coulda hopped in - we may have entered
at the HIGH of the day.
AND - we are still FLAT!
See you in the morning - not sure whose turn it is to bring the BAGELS
but don't let us down, it's FRIDAY!
Toad Update 10/15/98 #2 EMAIL and ICQ 17:55
OK - right around 3:00, I received a call from my foot Dr. that the
orthodic for my broken foot was ready - SO, because the market was not
doing anything, I drove over to the Dr's office, read a magazine and got
fitted and checked out with my shoe insert. Stopped off at the market
and Mrs. Toad and I got some fresh bread and she picked up her X-rays for
a Dr.'s appointment she has in the morning.
&*^##&(*)*_@^%%% when we got back in the car, the radio was saying "The
Fed's lowered rates today and the market went UP 300 points......."
&*^##&(*)*_@^%%%
Who woulda thought.....
It looks like it would have been hard to get in as the market shot up in
a very short period - BUT, I would have loved to be in the market for a
short period.
NOW, we have EXPIRATION DAY tomorrow and I rarely do anything on those
days - we will look for a quick one - but it's going to have to look
good (like today----ouch.)
But, the bagels will be here - so cheer up Toad, it's almost Friday.
ps.. My foot feels better.....
Toad Update 10/15/98 #1 EMAIL and ICQ 13:52
We were close earlier today, but it's OPTIONS EXPIRATION WEEK. Anything we buy is worth a lot less tomorrow. The
curve is exponential +.
I was concerned that we had slipped into a trading range around 11:00 - then look what happened.... 12:15 was another
scare and the TICK has been dropping steadly.
10/15/98 9:05
We are here - good morning. Stay tuned for the hop.
10/14/98 16:55
Yep, it was another good day - we didn't lose any money.
I'm not even going to mention OPTIONS EXPIRATION WEEK - because
that doesn't bother us,doesn't bother us,doesn't bother us,
doesn't bother us,doesn't bother us,doesn't bother us,
doesn't bother us,doesn't bother us at all anymore.
See you here by the pond in the morning.
Toad Update 10/14/98 #1 EMAIL and ICQ 16:44
OK, OK, OK - I was looking at calls. Looked ALMOST right around 2:00 -
OOPS.
WRONG! - we never got to the order stage. Then we were in the PUT mode
for 30 minutes until market went back up, took out the previous high
....and then tanked again.
Like I say - it's a good time to be a FLAT toad.
See you in the morning.
10/14/98 11:45
I know, you think we are "afraid" of OPTIONS EXPIRATION WEEK - that's not
it, after the morning pop - a s l o w market today.
A/D line is about even - hmmmm....
Friend from Australia sent me this - Year 2000 problems? take a look and wait a minute to see everything.
10/14/98 8:35
Good morning, we are watching the pond.
10/13/98 16:32
Looked like nothing today AND THEN - along came a dip - we did OK.
Made the same as we did yesterday - hopping along OK.
See you all in the morning, we will be here by the pond.
Toad Update 10/13/98 #3 EMAIL and ICQ 14:56
I'm outta the Oct 490 Puts (OEXVR) at 9.
I'm FLAT!
Toad Update 10/13/98 #2 EMAIL and ICQ 13:43
We just hopped into 10 contracts of the Oct 490 Puts (OEXVR) at 7.
Will let you know when we hop out.
Toad Update 10/13/98 #1 EMAIL 11:40
Have been back from the Dr. since 10:15 - nothing going on yet.
I did get the OK to not wear the cast anymore - only have to wear it if
I'm doing a lot of walking. So, we won't be dancing much - how about
the Texas One-step?
This is a still pond we are watching now - wonder if we will get some
better action?
10/13/98 8:35
Good morning, GREAT GAME last night - Jaguars WON!
We are watching the pond now, BUT have to go see the Dr. this morning - should
be back around 10:30. The next time you see me, I might have this cast off my
foot! Let's hope, or is that let's hop??
. . . . I'll be baaaack.
10/12/98 15:05
Nice hit today - up almost $2000 this week already.
Now, on to the the IMPORTANT stuff!
MONDAY NIGHT FOOTBALL IN JACKSONVILLE!!
The Jaguars are playing Miami tonight - watch for us on TV - we will be wearing
Teal and Black!
GO JAGUARS!
Toad Update 10/12/98 #3 EMAIL and ICQ 14:52
It looks like we are staying flat today.
The Jaguars are playing MONDAY NIGHT FOOTBALL and we need to start
getting ready to go to the game! (Playing Miami tonight in
Jacksonville!)
So, don't want to open up another position now, as we are thinking about
football, not the market.
We had a nice hit today - lets do some again tomorrow. See you then.
10/12/98 13:00
We are again FLAT and looking....
Toad Update 10/12/98 #2 EMAIL and ICQ 12:11
Don't know if I hopped out too early - but I'm FLAT!
Just sold the Oct 490 Calls (OEWJR) at 13 1/4 - had $2 on them and they
are gone!
Toad Update 10/12/98 #1 EMAIL and ICQ 10:42
I just hopped into 10 contracts of the Oct 490 Calls (OEXJR) at 11 1/4.
Will let you know when we hop out.
10/12/98 8:40
Looks, like a strong opening this morning - stay tuned.
10/9/98 17:35
Earlier today we were looking seriously at calls, ALMOST hopped in
around 1:00 right as the market was retrenching - was looking at an entry
of 13 or so for the Oct 475 calls. When the market backed off, felt we were
lucky not to have them at 13 - they finished today at 16 1/2 - ribbit!
Later it looked like we were in a trading range - and the way the A/D was
moving and the way the TICK was rolling, it looked like a day where we would
be stuck holding... As Mrs. Toad said "It was a day where they were gigging
Toads in the pond!" Hate that on weekends.
ALSO, had conversations with about 5 Toadsters who were sure we would TANK at 3:00 today.
Let's trade the signals and the OEX - if the rumors come through, they will hit the market and
we can trade them, if not: let's not worry about them.
Now we come to the end of a week and it's our sad duty to announce that:
Some "Free Trial"
Toadsters will drop off the list tonight - Don't let it happen to YOU!
Finally:
We are
UP $2,567 this week and UP $75,096 this year!
Have a great weekend - see you next week.
Toad Update 10/9/98 #1 EMAIL and ICQ 13:21
That was CLOSE - we didn't hop yet.
Will keep you posted.
10/9/98 8:50
We are here watching the pond and eating BAGELS - happy Friday everyone!
10/8/98 20:15
Well, that was not a bad day for us. We SCW made more, but we didn't get out
earlier - didn't expect the market to make up all those losses.
IMPORTANT: We must have had some
kind of a problem over the weekend
with our ISP or with the internet. Apparently some emails were "lost"
when we were away - don't know how it could have happened, but we are positive it
happened because we have received numerous emails stating that we have IGNORED
(not answered) your emails. That is VERY UNTOAD LIKE - we usually answer
everything. So, if you emailed something recently and didn't receive an answer -
please resend your emails - THANK YOU.
See you in the morning for BAGELS!
It's FRIDAY!
Toad Update 10/8/98 #3 EMAIL and ICQ 12:40
I hopped out of the 465 puts at 20 1/2 - (I KNOW THEY HIT 22 earlier!)
We are FLAT and outta this crazy market.
Looking for another...
Toad Update 10/8/98 #2 EMAIL and ICQ 12:23
Good ride so far - if you hopped into the 460's you are up about $3
the 465's are up 4 to almost 5 - I'm going to keep watching this closely.
Really want to hop out, I'm just hanging on now.
Toad Update 10/8/98 #1 EMAIL and ICQ 11:36
We just hopped into 5 contracts of the Oct 465 Puts (OEXVM) at 15 1/4.
Will let you know when we hop out.
10/8/98 8:50
We are here watching the pond and it's going down... should be an
interesting open this morning - hang on...
10/7/98 23:45
It's late and I'm outta here - see you here in the morning.
Toad Update 10/7/98 #2 EMAIL and ICQ EVENING UPDATE
We had a some questions about what we were watching today, so to George,
Eric, Kevin and Sam:
We ALWAYS line up on at least 3 calls and 3 puts - today we were
tracking the 470, 475. 480, 485 calls (OEXJN thru OEXJQ) and the 465,
470, 475, 480 and 485 puts (OEXVM thru OEXVQ).
Decided against the calls early in the day, around 12:45 we started
thinking "maybe" calls again until around 1:45 when puts were strong for
about an hour, THEN market shot up until 3:15 when we whipsawed two more
times, finishing the day with a charge up for the last half hour. This
was "regression toward the mean" - when it looked like a trend had
started, we moved back around the opening numbers (OEX @ 480) and the
market stayed there for the next two hours. Thought we had slipped into
a trading range that might last all day.
So, we couldn't get clean signals or the nerve to jump into this sucker
today.
In hindsight, we shoulda hopped into a put at 10:30 and hopped out at
2:30 and then we shoulda hopped into a call at 2:45 and out at the end
of the day.
Overall, this was one of those days we KNEW the market was tanking, but
it would give us enough strength to keep us out - we coulda screwed this
up today by eagerly hopping wrong. For instance, a call at 10:30 when
the market was running up or puts at 2:45 and 3:30 when the market was
running down....
So, we are FLAT. Tomorrow is another day and I'm outta here.
This is late going out because Mrs. Toad and I looked at new cars
tonight - we may just get one from the internet people - www.CarPrices.
See you in the morning, I'm going to bed.
Toad Update 10/7/98 #1 EMAIL and ICQ 13:21
Difficult market to read today.
We have lined up on several positions, but never pulled the trigger (hit
the mouse) - have been glad we didn't on most plays today.
Still watching the pond, it's Wednesday and I'd like to do something!
10/7/98 8:20
Good morning, we are BACK! - Took an extra day, but we are back and watching the pond.
Stay tuned....
10/2/98 17:10
Some "Free Trial"
Toadsters will drop off the list tonight - Don't let it happen to YOU!
Wierd week, I guess we've had a bunch of them the last few months. We certainly
considered going into a put today - early today. Never got clear, consistent
signals. When we were thinking calls - we kept advising Toadsters NOT to hop into puts!
Glad we made those recommendations. The calls were ruled out by the market action a little
after 2:00.
So, all that remains to be said is:
We are UP $3,925 this week
and UP $72,529 this year!
See you next week.
Toad Update 10/2/98 #1 EMAIL @ 16:12 and ICQ @ 15:28
I hate to say today was a bust, but the bagels are gone and we didn't
hop.
We had a lot of requests from Toadsters about hopping into puts, we were
looking at puts and calls - BUT no good sustained signals.
I would hate to get stuck holding a position over this weekend.
PLUS Mrs. Toad just asked if we could take a long weekend and not come
back 'til Monday night or so - just wants to go spend some time at the
beach. No Jaguars game this weekend and we have not done much since the
auto accident.
SO, that's it for today - Only good signal today was from Mrs. Toad when
she said - "You should have gotten into Calls at 11:00 today." Hey,
what does she know......
Let's see: at 11:30 the Oct 480 call (OEXJP) was at $14 and it is
closing out at 18 1/2 X 19 1/4. --- what does she know that we don't
know???
Have a great weekend.
Oh, yeah - some of you will be falling off the list today - that is if
you don't subscribe! Don't be caught Toadless.
10/2/98 9:20
Good morning, we are here watching the pond and having BAGELS! Stay tuned...
"We've heard that a million monkeys at a million keyboards
could produce the Complete Works of Shakespeare; now, thanks
to the Internet, we know this is not true."
-Robert Wilensky, University of California
10/1/98 18:10
OK, the bad news first: We didn't hop into anything today. Just chased our
tail all day (Toad tail?) - chasing puts. When it looked like we were going to get a buy on
a put, the market would dump further and the position would get away from us.
Now, the good news: We didn't lose any money.
Finally, the GREAT NEWS tomorrow is - - YEP!
BAGEL DAY!
See you here in the morning.
Toad Update 10/1/98 #2 End of day EMAIL and ICQ
Well, that was a bust today. We didn't lose any money, but we didn't
get in either.
Right at every hour, the market would pop to the upside and I wasn't
sure - felt we could have a rally after 3:00 and we did have three small
bumps up during the last hour.
Still, we missed a run - DIDN'T buy theOct 480 puts (OEXVP) at 15 1/2
right around 2:00 and then the market ran back up - we pulled our buy
order on the run up. Then they ran up to 17 1/2 (that was when I was
kicking myself) - they finished at 15 1/2.
So, that's it for the first day of the month.
I'll be back in the morning and it's BAGEL DAY!
See you at the pond,
Toad Update 10/1/98 #1 12:14 EMAIL and ICQ
Yep, we are here.
Chased a put until it got out of my "comfort" range and I'm glad we
didn't go any higher. Market backed off and we are around where I
wanted to buy the puts now.... Don't think so yet.
Still watching the pond.
10/1/98 9:05
Happy October! Good morning all, we are here watching the pond.
Stay tuned...
9/30/98 22:20
Great way to finish out September!
We hopped into the 505 puts today and rode them about 2 1/2 hours. They hit
19 when our sell was at 19 1/2... We hopped out because we were not sure if
the market would stay low - we tested 465.5 twice and it looked like we might
move back up.
I guess you saw that the puts hit a high of 21!
Don't care (yeah, right) we hopped out and made some green - NEVER complain
about making a profit.
Had a meeting at church tonight, that's why the late update.
Let's see we are..
UP $13,972 this month
and we are
UP $72,529 this year!
See you tomorrow for another MONTH!
Toad Update 9/30/98 #2 13:24 EMAIL and ICQ
I hopped out of the Oct 505 puts (OEWVA) at 18 1/2 -
I know, I could have had more earlier - I was a little greedy.
I'm FLAT!
Toad Update 9/30/98 #1 10:44 EMAIL and ICQ
Just hopped into 10 contracts of the Oct 505 Puts (OEWVA) at 14 1/2.
Will let you know when we hop.
9/30/98 9:50
We are sitting here watching the pond - going down, and now it's backing off.
Let's see what we do today...
9/30/98
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