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Author Topic: PCola77's daytrading thread
Peaser
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Run you pig.

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Buy Low. Sell High.

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PCola77
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Wow, this turned out to be a huge dog. Guess I shoulda cut my losses when I was planning to . I coulda gotten in a ton lower. hit 2.81 a bit ago. Yikes
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Peaser
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This better run in the final 30 minutes today.

--------------------
Buy Low. Sell High.

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thadchr
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Keep me updated if you can guys. If you expect a run at today's close, I'd love to take advantage by buying in for a few. [Smile]
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Peaser
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A run in the final hour+ would be even better.

--------------------
Buy Low. Sell High.

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PCola77
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In SRZ at 3.46
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PCola77
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Right now I'm in it too deep to think rationally, so I can't give you an unbiased answer [Smile]

quote:
Originally posted by thadchr:
Keep me updated if you can guys. If you expect a run at today's close, I'd love to take advantage by buying in for a few. [Smile]


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PCola77
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In HRZ at 4.09
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Peaser
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P, Lookin' for some short covering into the close on SVNT.

--------------------
Buy Low. Sell High.

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stock buyer
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Hi All,

This is a great thread.

I am also in SVNT at average $3.39.

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Peaser
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We sure didn't get much action at the end of the day. Hopefully we'll see a bounce by the end of the week.

--------------------
Buy Low. Sell High.

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PCola77
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Out of SRZ at 3.79 from yesterday
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PCola77
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Got in MTH at 7.66 in my IRA.

Also watching CVG. Seems like it's about ready to bounce.

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PCola77
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CVG with a nice bounce from 6.82 to 7.25 there
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T e x
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noice!

--------------------
Nashoba Holba Chepulechi
Adventures in microcapitalism...

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PCola77
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Out of MTH at 8.49 from 7.66
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PCola77
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Gracias! You playing anything lately?

You see my note on TEX on my form 4 thread?

quote:
Originally posted by T e x:
noice!


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Stock_Pupil
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Do you have any new positions to recommend? I want to start doing some DD on them for tomorrow's open.

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YOU CAN'T LOSE IF YOU DON'T PLAY, BUT YOU CERTAINLY WON'T WIN!!

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PCola77
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Sorry, I don't work that way. I just react to what the market throws at me. If you do DD overnight, then it's too late to get in any of the ones I play, usually.
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Stock_Pupil
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What vital signs draw your attention?

--------------------
YOU CAN'T LOSE IF YOU DON'T PLAY, BUT YOU CERTAINLY WON'T WIN!!

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IMAKEMONEY
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Stock_Pupil VOLUME!!!

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LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!

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moremula
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SP
i believe the goal is to find those stocks which have a big % loss, to catch the bottom end and sell it when it rises back up. IMO the volume needs to be present,RS below 20 and the price action out of the MA evevelope(below). Im sure there are other signs but these are some signs that may be worth looking into.

hope this helps some
http://stockcharts.com/h-sc/ui

http://bigcharts.marketwatch.com/markets/screener.asp?exchange=14&screen=6&x=15& y=20

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PCola77
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Basically just big drops on either no news or news that's not as bad as the price action indicates. There's obviously a lot more that goes into it, but that's the starting point. I don't use charts, per se, it's kind of a gut thing for me, where depending on the stock I look at different things.

And that is just one type of trade that I do, albeit the most frequent recently.

Oh, and I wouldn't recommend others try my strategy without paper trading the idea for a long time. You can lose a lot of money very quickly if you time it wrong or get into a situation where you're away from the computer or have to hold due to trade settlement rules or things like that.

quote:
Originally posted by Stock_Pupil:
What vital signs draw your attention?


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T e x
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quote:
Originally posted by PCola77:
Gracias! You playing anything lately?

You see my note on TEX on my form 4 thread?

quote:
Originally posted by T e x:
noice!


yes, I did see that--pretty funny.

No, I've danced around and hemmed and hawed, but I've decided that for now it's best for me to simply keep up so that I'm not completely out of the loop when I return. There's simply too many factors not in my favor: chicanery continues with the mortgage company, for one; for another, I simply can't bring myself to open up trading accounts under these wifi networks where I've been staying while I wrangle for a new home. I'm much more comfortable with four or five screens up, with backup machines, on a dependable network.

There's sure been some nice opportunities, though, and I'm rooting for all you guys who are out there mixing it up in this climate. It makes me grin every time I think about you going solo during this period... yippie yo kai yay

--------------------
Nashoba Holba Chepulechi
Adventures in microcapitalism...

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stock buyer
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My Schwab account shows 12 dollars for SVNT but my TD ameritrade shows 3.04!
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PCola77
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Okay, I'm out of SVNT at a 3.78 average. Ran hard during a conference call where they refuted analysts' claims that the drug was unsafe.

Also sold out of half of my HRZ at 3.83

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PCola77
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Man, I hope you hurry up and get back on the horse soon. So many opps out there lately. And trust me, it makes me grin thinking about going solo too. [Smile] Get to spend so much more time with the kdis, and after 7.5 days I've made more than I took home in 2 months at my old job. And I had a pretty good job. [Smile] Hope it keeps up obviously.

Haven't traded much in the last two days ecause of my SVNT hold, and feeling a bit under the weather today, but tomorrow I should be back to trading actively, I hope.

Everyone please feel free to post ideas for trades here if they are more short term, bouncing kind of plays. (In other words, I apologize in advance to anyone I ignore who asks about a stock being overvalued in the long term, since it's just not something I care about when I'm trading)

quote:
Originally posted by T e x:
quote:
Originally posted by PCola77:
Gracias! You playing anything lately?

You see my note on TEX on my form 4 thread?

quote:
Originally posted by T e x:
noice!


yes, I did see that--pretty funny.

No, I've danced around and hemmed and hawed, but I've decided that for now it's best for me to simply keep up so that I'm not completely out of the loop when I return. There's simply too many factors not in my favor: chicanery continues with the mortgage company, for one; for another, I simply can't bring myself to open up trading accounts under these wifi networks where I've been staying while I wrangle for a new home. I'm much more comfortable with four or five screens up, with backup machines, on a dependable network.

There's sure been some nice opportunities, though, and I'm rooting for all you guys who are out there mixing it up in this climate. It makes me grin every time I think about you going solo during this period... yippie yo kai yay


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PCola77
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In VSE at .52
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PCola77
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http://biz.yahoo.com/ap/081029/verasun_mover.html

Whoops...

Oh well, didn't go in very big, and just added more at .42 to average down in case the refute the reoprt after the market closes.

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Peaser
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SVNT finally made me some money today. Hit my 5.00 target.

--------------------
Buy Low. Sell High.

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invester
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quote:
Originally posted by PCola77:
In VSE at .52

B/A line already a double for you A/H.

1.05
1.06

Can't believe I missed this one. Grrrrrr.

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Peaser
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Yah, that was a nice one.

--------------------
Buy Low. Sell High.

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PCola77
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Did it really get that high? Last I saw was .59 x .60
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Peaser
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Last trade is .59

--------------------
Buy Low. Sell High.

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PCola77
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Yeah thanks, just checked the after hours trades. Musta been an anomoly that he saw. I'll happily take 1.05 tomorrow though. [Smile]
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