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Author Topic: Selling Spree
daytrader1
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I have noticed that all my stock pretty much has lost soo much in value for past 2 trading days that I have taken losses and exited pretty much all of them. Is this happening to every stock or is it just mine?

Infact 4 of my stock have broken very strong resistances from which they were bouncing past several weeks. portfolio down by almost 15% [Frown]

even my big stock irrespective of amazing news and huge contracts etc. have been undergoing this scenario. is this same for everyone or just me?

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Duncan Idaho
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view the carnage here

http://microcaptrade.com/ind/most/more_otcbb.jsp

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rimasco
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I hear ya ....i got smoked in uncn trying to play a bounce that never happened

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"Simplicity is the ultimate sophistication"

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Repoman75
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Daytrader, you sold FRPT??? The Iraqi contract news is 2 weeks away!

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Stick with Repo's plan in '07 - FRPT/DKAM!

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daytrader1
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I thought VRDM was strong at around 0.16-0.165, insq around 0.15, hisc around 0.045, msev around 0.137, so on and so forth from seeing the previous 3 wee charts. i guess i was faked [Big Grin] [Big Grin] ..
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money?
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ipre is doing extremely well for me
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Sean
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ive been taking a beating as well. Portfolio bloodbath.
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daytrader1
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yeah ipre is the only one but its not able to compensate for my other holdings which I play not by momentum but by charts. and repo, no i am still in FRPT. I have taken profits, so am not much worried at this stage but I just hope the insane bloodbath ends, for no reason the stock is being killed by MM's.
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R.A.
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I thougt I was alone.

The market is very slow these days.

I was watching all the old shares that I have previously owned... they're all, with no exception down, like AMEP, AOOR, EBOF (-18.69%!), BLDV, GSHF and many others!

I don't know what's it caused by, maybe last week's change in the interest rate by Bernanke.

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kt325ci
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tis life in the otcbb casino. I took a $1700 loss the other day that I'm trying to recoup. I've got around $1000 more to go. Before that I had around 6-7 winning trades in a row.
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Johnwayne
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Having trouble the last few days. Didn't trade last Friday just to get my head on straight and refocus. I was making too many poor decisions.
Thought it would help..... Than took a bath on ADOT today. Got in GFCI this afternoon and hoping that turns me around.
I think I am going to start settling for less profit until things turn up for me.
Good luck all.

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Thanks Matto. Thanks Juice.

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daytrader1
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Yeah, Maybe, interest rates. I moved a bulk of my portfolio almost 80% onto NWS, and since then it has had 200% increase in profits, amazing launch of myspace music, blah blah and lot of buzz in washington journal amidst others, but all this has not even helped it gain single $$$$$. that just speaks about howbearish the market has become.. another day and i shall pull out all my holdings for entire week and start playing fresh from next week [Smile] .
GLTA

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R.A.
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Well hold on tight guys... it's just a negative phase, it will probably go better in the next few days/weeks. [Wink]
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skip
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agree fellas. took a hit last week, took a small one today. I think I was getting a little too maverick in my trades. need to chill and get back to my old regiment of taking 20-40% gains and running away.

also been doing some self-education on stock screeners, chart reading, tech analysis, etc.

go to the general info threads, there are some new topics there with a lot of great info.

good luck everyone. we are in this together!

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