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» Allstocks.com's Bulletin Board » Swing Traders » What I am watching as Swing trades (Page 43)

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Author Topic: What I am watching as Swing trades
SoAngel
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RDN- not quite 30%, but it definitely shot through the roof after I took my loss on it. I am going to give up soon the way this is going.
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rajthebam
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i m still recovering fm loss - good luck to all of you though...
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Morpheus
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raj..the..bam..man..
dude..with amount of capitol you are working with its tuff..but dueable..always remember..DO NOT be in a hurry to loose your MOLA..if you are working with 1000 bucks..only put in maximum 15% of your total principle into any 1 bet..(oh yes, buying and selling of these stock symbols is just a bet in cyber vegas)..so looking back..you swung for the fence and struck out..too much money at one time was the trouble..to take a real risk would be max of 25% at any one time..so the most you would put on a bet is 250 bucks..when you are tradeing..so learn learn learn ..im working with 75k..but this is MOLA that has taken a few years to build..and i very rarely put more than 7k into any 1 bet with no more then 15k in play at any 1 time..this is a percentage game..you want to catch the percentage of the move is what counts..NOT the price..well work hard scrimp and slave to the man and better luck next time around..because..oh yes..you will be back!!

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Morpheus
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SO Angel..hang in there bro..this is an up again, down again, game..the trick is to be on the correct side of the move and gain a "feel" for what is going on. and then just limit your bets to a percentage..another good tip from the Morpheus..wait for the "black Monday" drop and only then do you want to drop the bundle into a good symbol like MSFT or AMGN..cause these will come back quick for a 10-15% gain..thats always worked for me..its a good feeling when your patience pays you 7 to 10k in one week..i like the 4 straight down day with the dow game..odds are its gonna go up..and vice verse when short..but only quality companies
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Morpheus
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WM= quality
X=Quality
MON=quality
MSFT=quality
AMGN=quality
CAT=quality
UHAL=quality
BZH=quality
these symbols are associated with companies that will be in business for a long time..they do not make for a good swing trade, but when the big DOW move hits ya just feel good about dropping a bundle into them and wait..

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Morpheus
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which reminds me..X and MON and MOS all are looking pretty scrumcious about now..maybe after another big down day..BAM its all in
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SoAngel
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WM is pre-marketing at 2.00.
*edit* Make that 1.80.

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R1 Man
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Cramer said WM is junk now. Said stay the hell away from it but I think its been beat down and kicked enough that traders will pick it up.

MSFT....I knew it was coming back Morpheus....did you play it? I wanted to.

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SoAngel
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Anyone have big enough balls to play with LEH today ? I have been very close to placing an order twice now, but backed away then both times.
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Morpheus
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r1..msft did not hit by limit order price.so im not in it ..i am in however..X 75 shares * 95.75 and WM 4000 * various prices i guess im averaged out a about 2.55 ..i know cramer does not like WM ..he never has..but i watch and listen to him and do the oppisite which seems to work for me..never really bought much of his recos anyhow..althought im watching REXX..and i made some good MOLA last year on MA..im alos averaged out on RDN 1000 shares * about 3.30 picked some up monday and then wen RAJ was bailing * 3.15..im also holking a pretty good long term in my kids account RACK..we picked that up about 2 weeks ago * 10.15..so ya might say I am long at this point in the game...by the way..UAUA had a nice reversal day would not you say??
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Morpheus
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speaking of BALLS...what about the spread on WM...wow oh wow..the is almost a 50% swing today..i was sweating big time and went to the driving range to beat some balls this morning and now things are looking up when i got back..i i was here i would have done something stupid..and not caught the reversal..yeeepiee
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Morpheus
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if I was here I would...
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Morpheus
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oh yeah im still holding EXM 300 shares * 21.74..im liking the energy/oil sector..plays on this i think are good are REXX OII MEE HK JRCC (which cramer turned me onto about 2 months ago..when it was about 52..it spiked up in cramer fasion and then tanked..he was all over this like stink on turds..like he is with most all his stuff..buy buy buy...you will never hear him tell his audiance how to really make MOLA..long and short..but thats his show..
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Morpheus
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oh yeah i had shorted JRCC about 1 week after he recoed it.. at 58.50 and then bailed on it 2 days later with some really good luck at 48..which I had shorted more..but ill take it!!
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Morpheus
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one last thing..im really really really praying to the cyber vegas gods for a good UP day tommorrow Friday..its looking that way from here..then i can have a good round of chase the ball around the big green field..with a tee time 1:40pm pst
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R1 Man
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quote:
Originally posted by Morpheus:
one last thing..im really really really praying to the cyber vegas gods for a good UP day tommorrow Friday..its looking that way from here..then i can have a good round of chase the ball around the big green field..with a tee time 1:40pm pst

I feel like I am the on holding the flag. I would go golf with you if you lived by me. Yeah, WM was sick today. I saw it at $2.25 and thought....DAMN!!! I almost took my losses and grab it. But still coward out. I have to be very careful recovering my losses. Ohhh, WM....reason it moved up IMO is they talked about it being bought by another bank which means PREMIUM price. Its always nice when you own when it gets bought out.

LEH........leave that one alone. I couldn't say buy or sell short. If I guessed, sell short and watch it drop farther. But my advice....look at me and leave it alone.

I still like VG. They always advertise on TV, they are cheap. Good service and no long distance charges. If I was home more, I would get VG for my house.

Well, off to play some games. Sister gets married Saturday so not working Friday [Big Grin] Watch me make some calls and trades. Friday is RECOUPE losses day for me.

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R1 Man
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PS, I got bored and had a little fun with the SPAMMERS on HotStocksFreeForAll. Take a look....LOL

Note, if you check my posts from a few years ago, we had one of these pumpers on this trend and I called him out on it. I think we have some quality people on here right now but you have to watch out for these guys.

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Morpheus
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yeah R1..recoupe day..i like it..good luck to us
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deathtoradio
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I dig Vonage, might trade that some time next week when I free up some money.
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R1 Man
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LEH....thinking of shorting.
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R1 Man
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I grabbed 2,000 shares of F * $4.79. I think its going back to $5.00 easy. Maybe as high as $6.00 in the next few weeks.
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R1 Man
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F......$4.90. Looking good.

CAT....$64......This is the stock I was thinking of buying. Especially when it was down $1.60.

MER....Hmmmm...CITI says its worth $65 a share because of the assets. Interesting....$18.51

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Morpheus
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i just bailed on RDN * 4.84
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R1 Man
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quote:
Originally posted by Morpheus:
i just bailed on RDN * 4.84

Congrats!! So we both are making some mula today. I got to get out of this rut I am in.....and its a DEEP RUT too.
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Morpheus
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RDN is up another .25 since i sold missed out on 250 smackers...whaaaaaaa..but ill take the mola i did make
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Morpheus
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i like F also...its been all over the news today
with good stuff and this is helping to lift the price

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Morpheus
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just noticed I also got limit out yesterday on EXM ..i put in a sell order * 25.35 and it hit it late in the afternoon..made 1200 bucks on this one..it is a great day today..RDN is up 25% just today..what up with that???? anybody explain
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Morpheus
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the best explain I could come up with is RDN is up 25% today because of a rumor that says it is going up 25% [Wink]
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Morpheus
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its a very good day sooo.. this is worth a good laugh

http://ca.youtube.com/watch?v=8Aoqg1z-x1o&NR=1

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Morpheus
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news just out...jp morgan in talks to buy WM...if anybody is left here on this board that gives a hoot..go baby go..
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Morpheus
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wm just popped over 10% in the last 3 minutes..what up with you guys..clicking fingers broke today
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Morpheus
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well..i guess its just morpheus making ALL the mola mola by himself today..
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Morpheus
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just trimmed some of my risk trimmed my holding 25% and took profit..sold 1000 WM * 3.28
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R1 Man
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quote:
Originally posted by Morpheus:
its a very good day sooo.. this is worth a good laugh

http://ca.youtube.com/watch?v=8Aoqg1z-x1o&NR=1

Sweet video. I would give some of them 10s for the falls.

LEH has rumors of them trying to get bought out by several banks. BAC is a solo one. Then they had several banks trying to buy by combining funds. That is why I decided not to short it. I think Korea or China offered LEH $25 a share buyout 3 months ago and they turned it down. I bet they feel like those gymnists now.

F....going to sit on it for a minute. Oil is below $100 now so should give them all extra boost with room to run. Plus they get Gov. line of credit. Looks greak to me. Thinking of holding for $6.00.

CAT moved up $3.00 from when I was thinking of buying it. [Frown] I didn't buy because I could only buy 180 shares and thought it wasn't worth it to me.

ONT....went from $0.35 to $0.42 today. Anybody catch a ride?

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R1 Man
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quote:
Originally posted by Morpheus:
just trimmed some of my risk trimmed my holding 25% and took profit..sold 1000 WM * 3.28

I think if JPMorgan buys WM they will pay about $6.00 per share....wait.....they said they are not in talks now but interested. Funny how it works.

Ohhh yeah....I'm making Mula with ya!!

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