Allstocks.com's Bulletin Board: What I am watching as Swing trades

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Topic: What I am watching as Swing trades

Morpheus
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those of you that remember "Black Monday" in 1987..the 2 days prior to this were wild swing days which ended closeing down a few hundred points each day..and everybody was saying "Wow, that was crazy it cant get any worse" and then came Monday morning..550 points down on the dow, which then the Dow was about 2600..so this is about a 20% move in one day..and the days to follow still dropped too..so long story short..patience is a virtue..play the bounces with small amounts of funds, you will see

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Morpheus
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if any body sees a really hugh bounce play ..please post it...so we all have a chance at makeing the big MOLA today

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Morpheus
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WM is at premarket 2.20..and they are talking on the tube about conservership of this by the end of the week..ouch

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R1 Man
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I'm so out of it. Slept in the computer chair. MER is still way off the target buyout price. Did something change?

I agree with you both by the way. BRB in 5 minutes.

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Morpheus
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anybody see anything unusual?? hee hee

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Morpheus
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dow opened only down 90..WOW..thats strange after the premarket hype..

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Morpheus
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i just trimmid anothe 2k shares of my WM holdings * 2.26..hoping to pick some up way cheaper as the day goes on..already bounced off 2 bucks

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Morpheus
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that F..ing WM..it back to even..wild..that was a 900 dollar flub..

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R1 Man
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Only sold my F at $5.00. Not sure what to buy. Your X pick looks ok to me. Hmmmm.....might just sit on the sidelines tonight.

But if I was to buy, it would be BAC, X, PMI, WM

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R1 Man
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Put an order in for CAT at $63.30. Off to work, If I get it, I will sell at $65.00. Good luck all.

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R1 Man
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Bought PMI instead. CAT went up when I placed my order. Now off to work. I want $3.00 out of PMI.

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Morpheus
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i put in limit buy good till cancled on X * 91.10 and WM 1.65..see what happens tommorrow am..

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Morpheus
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wouldnt ya know it...everything is down EXCEPT the stock i shorted..UAUA..what up with that? just my luck today..

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Morpheus
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its a fire sale..eeeehhawwww

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BooDog
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quote:
Originally posted by Morpheus:
wouldnt ya know it...everything is down EXCEPT the stock i shorted..UAUA..what up with that? just my luck today..

It likes the oil eh?

I like your style Morpheus. Very down to earth. Cheers and since no one ever gave you any stars...

I only made a couple flips with my practice account today, RDN 3.92 out 90% at 4.15 but held a little over night. And a couple flips with MER and WM. On the sidelines with the cash for now.

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R1 Man
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quote:
Originally posted by tmanfromtexas:
R1, how are you gonna play LEH? The stock should go to pennies. I think to short AIG and maybe WFC would be a pretty good bet. TMAN...

Well, I decided to short AIG this morning but have no funds available to do it. Its down another $1.31. Ohhh well.....what can you do.

UAUA is at $13 now Morpeus....I kind of felt you should of bought that one.

Well, I'm sitting on PMI so have my fingers crossed.

LEH is up 35% in premarket.

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Morpheus
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boo, thanx, youre too kind..
looks like its another great day to make some mola
lots of movement in the market for sure..time to get the clicking finger working

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Morpheus
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holy, schnike, both my limits hit and im in the game..WM actually bounced off 1.50 and now its going up up up (wishful thinking)

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Morpheus
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now we need just a "little bit of news" and a "hint of spin" and what ever else goobletygook the man (ap release and TV)can come up with and we should be off to the races..

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R1 Man
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posted

quote:
Originally posted by Morpheus:
i put in limit buy good till cancled on X * 91.10 and WM 1.65..see what happens tommorrow am..

I would drop WM for your $0.25 gain immediately.

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Morpheus
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AIG hit 1.25 for a minute or two and now it hoovering around 2.75..WOW its bouncing like a gold ball on a cart path..any ballsy players on this board pick it up???

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Morpheus
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golf ball (i got a bad case of fat fingers)

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Morpheus
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R1..im looking to bail on this one above 2 bucks..just giving it some wiggle room for now

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Morpheus
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i got a bad case of the "hogs"...WM is moving up..aroud 2.12 now.. so some news is about to break..IMHO

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Morpheus
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fed decision on rates in a few hours..anybody hear anything new??

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Morpheus
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i need to take a profit..a bird in the hand sort of thing..sold my 2500 shares * 2.47.....eeee haww

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Morpheus
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it will probebly go up from here still..i still hold 2k of WM more..but now im in the plus on this P.O.S. break even * 2 bucks..if it goes down to 2 bucks ..im back in for another 2500 shares

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Morpheus
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R1..F is up nice today 15% with a high of 5.15 ..more normal movement on this one..not like russian roulette WM..

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Morpheus
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that was a very good "amature hour" for me..now to look for some more!!

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R1 Man
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quote:
Originally posted by Morpheus:
R1..F is up nice today 15% with a high of 5.15 ..more normal movement on this one..not like russian roulette WM..

I sold it and bought PMI....should of sat it out last night and played today. So sitting back again. I have a lot to make up.

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Morpheus
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Well, I decided to short AIG this morning but have no funds available to do it. Its down another $1.31. Ohhh well.....what can you do.

R1..good thing for "lack of funds" cause thway this is moving you would have been broke.Do you BELIEVE what is going ou with this one..above 4 bucks now..what a mover

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