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Author Topic: What I am watching as Swing trades
Morpheus
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im on the wrong side of the trade in DRYS..its down now and just when you think its going recover..it stair steps down lower..i do not like the pattern..blah..
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Morpheus
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the F and GM play are really a HUGH game right now..what a bunch of BS going on there i might say..
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Morpheus
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Hey Gary..what do your cross over lines look like on DRYS about now??
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Gary59
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DRYS sma bands look like they are crossing and heading down , might get back to 10 or lower IMHO..
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Gary59
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Let me add to that last post , the 3 day charts show crossing down but the single day chart looks like it might not cross just bounce off..but since the market is coming off the highs I expect it to go down a bit lower..
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Gary59
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Ouch , DOW in the red now
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Gary59
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And now heading up back in the green, wonder if that 10.35 was the dip for DRYS ?
Added, Dow back in the red again,, get ready not sure where the DOW is heading EOD

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R1 Man
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quote:
Originally posted by Morpheus:
the F and GM play are really a HUGH game right now..what a bunch of BS going on there i might say..

I'm on the sidelines.

Stocks to watch:

CAR...$0.74....risky but huge potential to run to $5+

AUY...$5.48....potential to run back to $10+

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Morpheus
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just took profit on FAZ 43.25..im long for now
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Gary59
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Thanks R1 will put them on the list
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Gary59
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Looking at the info on AUY R1 I like the loooks of that one long term, I Might put a buy in for a few hundred shares around 5.10 range, thanks for the tip
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Morpheus
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the volume on DRYS is very high today..over 50 million so far
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Morpheus
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SBLK just took a big pop upward about 10%
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Gary59
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I just checked the charts again Morpheus and looks like the 10-20 was the bottom of that dip sma looks like it is going to cross back up again
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Morpheus
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im FCX and PLD due to the Obama plan
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Gary59
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I just picked up 100 sh of DRYS at 10.65 , would like to see it run back to 12
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Morpheus
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im liking..(i got too many thing im watch right now so excuse the typos)
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Gary59
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OK have a limit sell in on DRYS for 12
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Gary59
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Not sure where YHOO is going but in at 12.50 might get out in the morning so I dont wast a daytrade..13.32 HOD so far
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Morpheus
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heres my take on the big shipping sector...with the obama rebuild plan..and fuel comming down..all that raw material will increase traffic for all truckers and shippers. these are very good long term plays right now..besides the interday play they provide..so i like DSX DRYS WLT YRCW SBLK PLD and energy plays CHK JRCC and BTU
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SoAngel
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I picked up some NM at 2.87.

Looks like the market fooled me again though, as I thought today was going to go positive with the way it looked over the last half hour.

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Morpheus
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these are to be bought for long term after big DOWN days in the dow
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Gary59
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Looking at the 10 day charts on DRYS it has jumped first hour of trading slowley heads back to preveous open then back up firts hour to highs then slow back down for the last 3 days ,, I am going to hold DRYS until morning run to sell..JMHO
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Gary59
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Volume picking up in the green might even get higher EOD,,But that can change in 2 minutes
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Morpheus
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NM bounced off a buck and looks great for upside 3 months ago was at 10..timing is critical
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Gary59
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Anybody notice ANL today, not a lot of volume on it but 216% gain today..
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Morpheus
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ANL ..WOW...i didnt put any mola on that horse..
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Gary59
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Profit taking coming in on DRYS aLOT of shares buys and sell running through..Definatly holding until tommorrow..
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Morpheus
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this is a reall doozie of a close..up 80 then it drops 60 points then back up again..im getting sea sick again
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Gary59
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quote:
Originally posted by Morpheus:
ANL ..WOW...i didnt put any mola on that horse..

I didnt even notice that one , there had been no volume and has been flat for a while then POW it took off today news out this morning just didnt see it before it had jumped..
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Gary59
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DRYS is going to raise some eybrows tommorrow volume is up 5 times normal today..with a high of 12.10
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Morpheus
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i bailed on DRYS 10.73 hoping to pick it up lower in the days to come.. and bought into SRS at the close 100 * 76
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Gary59
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OK Guys , DiNG DING DING,, see you guys in the morning, going to take the wife out to diner..Have a good night all...
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SoAngel
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Out of NM * 3.10 aftermarket.
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R1 Man
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quote:
Originally posted by Morpheus:
im FCX and PLD due to the Obama plan

GREAT PICKS!!! They both can be 2-4 baggers.
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