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» Allstocks.com's Bulletin Board » Swing Traders » What I am watching as Swing trades (Page 66)

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Author Topic: What I am watching as Swing trades
Morpheus
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i have a boat load of F..im takeing a poll right here..who on this thread think that F is ready to expload to the upside more then the downside?..im thinking its the best priced stock in cyber vegas ready to make some BIG MOLA..thats why i got 5000 shares..(somehow thats how many i got into!!) im a buying maniac lately..its not my normal way to be but i cant stop..somebody help me, help me please! hee hee hee..
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Morpheus
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oh take a lookey now ..all you inflicked with rigimortisare getting reamed about now..the market is haveing a reversal and you are ALL missing the boat..get with the game fellas..
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Morpheus
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its looking like a follow thru day tommorrow..i added to MOS 32.90 and WLT * 32.80 just a bit ago tommorrow will be big..
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Morpheus
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its all closing at the highs..thats a great sign..IMHO
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Gary59
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I am basically all in on a few diff stocks but since I dont have funds for at least a margin acc I am stuck with having to wait for settling funds and only 3 flips a week..That really puts a damper on my trading..I have brought my account up almost $400 in the last week flipping , but that gets tough when I only have 1200 now in my account. As soon as I get it up to 2k I will be able to get a margin acc..not that I want to risk money using the margin acc I just need to be able to flip more often..I hope then I will be able to get to making a few hundred a week with that type of acc. The only reason I say that is because like we said earlier I could flip some more stable stocks and higher priced stocks..I HOPE << I have lost a grand or so learning some of the ropes from everyone here on allstocks and I think I have learned who to not listen to as well.And I have not even traded in 6 months because I was alway playing pinks for big gains which always turned into big loses..I just got back into it the first of september and am trying to do more DD as well as learning patience.Last week I got in late and out early on a few because I would not wait jut 30 minutes....Thanks for the info..And more good luck to you Morpheus..
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Morpheus
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i guess its the morpheus show again today..you guys are all dealing with meetings and customer service and the likes..and me..i HAVE to go chase the little white ball around the field about now..I think i might take a cart today! godd luck to us tommorrow and i truly hope you do loose sleep over a bad case of the "woulda shoulda coulda's"...laters
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Morpheus
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Gary..right on..that "waiting to clear BS" shat is that all about..its just there way to make more money off your money..absolutly stay away from the pinks..thats an early grave..there is great mola to be made with the bigger boys..stick with mover on the ticker tape and be very very careful of what the TV puppets are blurting out..google just reported a big number and thats gonna be good for the market tommorrow..looks like morpheus was down most of the day but havieng reviesed my positions..im showing a paper profit of close to 3k..how the F did that happen.. [Smile]
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Morpheus
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"reviewed my positions..." (fat finger syndrome)..now its laters..
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delgotit99
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Well executed morph. Looks like your patience has paid off.
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Gary59
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Hey Morpheus, do you ever do options? I have been reading up and wonder if this market is a good time to try options?
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R1 Man
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quote:
Originally posted by Gary59:
Hey Morpheus, do you ever do options? I have been reading up and wonder if this market is a good time to try options?

I have never done options and tend to stay the hell away from them. You do options and it moves say a NICKLE the wrong way and your BROKE.

F....sitting on. Almost bought UAUA at $5.60 but bought F....F#*K!!! Ohhh well.

Yeah I know you think highly of me and I do to or I would of thrown in the towel a long time ago Morpheus. As a matter of fact, I bought a PS3 and the new Socom game as a reward.

Great plays on your picks Morpheus!! Your doing awesome.

Ok....MARGIN TRADING. It can MAKE you or BREAK you. It made me over $10,000 and then BROKE me over $28,000. So yeah I am down but not out. Morpheus is a smart guy and plays it well by not doing MARGIN. You can have MARGIN but I have learned not to drop all my BUYING POWER in the same stock because of the MARGIN CALLS.

Here is a ????? I had over $20,000. Imagine if I had that today and invested in this down market??? Especially with my RISKY TRADING....can we say $40,000 before NOVEMBER??? I think so.

Rumors at work is Chrysler is Bought out by GM and will be announced end of the month. Someone say it on WSJ today. So, the Big 1 and the HUGE 1. F and GM???? What gets me is GM book value is HORRIBLE!!! Ever take a look??? I think its like ($176)...that means 1 share is worth NEGATIVE $176.

Ok, Gary welcome to the board. There are a ton of BS people on the site but not in this trend. We have some great players in here. If you have time....like 4 hours....read the whole trend from the beginning. I know its a NOVEL but you will learn a TON and see who know's their stuff. My trading ways have changed and adjusted because of the market. My old ways of finding picks used to be AWESOME...Average return was over 20% in a month or so...sometimes less then a week.

Everyone on here contributes in some way even if MORPHEUS has taken the show lately but most of us know our stuff. (I have my son 6 days a week and can't get online)

So, why not take a few shots....as for some old school players on the site like Glassman, Peaser, and a few others. They know their stuff but haven't done very good with picks in the last 6 months. So careful there. They are excellent resources and Tex too. There are a few others that I respect but most of everyone else is BS!!! I am one of the oldest people on this site as for OLD SCHOOL. Matter of fact, I will break out my original name.

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Bill2Drunk
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This is my OLD SCHOOL NAME. Look at the Registered date. Sure not a lot of posts but I have been around a while.

Anyways....Oil keeps going down....the market should continue to rise [Big Grin]

R1 Man

--------------------
R1Man

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Morpheus
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dude..i do options.. but they are not the ticket..and yes, if there ever was a time to make money in options its this big swinging market, but mostly you never make any money cause i cant put enough into them ..the spread is very tough to beat..it seems market makers for them will always keep the bid just below where you bought in the ask..while its true you can make big percentage gains quickly..it just once or twice to miss and all your money is gone..i have a total complete understanding of options..and i dont rely on them for income..right now i have 3 Jan calls on apple * 180 i paid 80 bucks each..just as a total gamble and if they hit im looking and clearing 250 bucks if not i loose it all..not this is more like black jack, which by the way you have 5 chances to loose befor you have 1 chance to win..for my money..i have tuned a good method that im always tweeking and improving..it works..so why change? here is a tip..stick to trading slightly in the money on the expiration week and be on the right side of the move..or else you loose it all..
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Morpheus
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thanx for the kudos R1..but you know it has been said.."Luck is what happens when preparation meets opportunity"..
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Morpheus
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soooo...R1 is offically known as bill2drunk?? me thinks you missed so good action yesterday and today..and the tea leaves are telling me, tommorrow friday will be huge and a great day to make mola..you know what i always say..I love love love cyber vegas!! and as for me taking the show..im just trying to generate excitement amoung friends and letting all know what im into.. win or loose..ultimatly each person is pushing the buy or sell button with there own reasons..
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Morpheus
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on a last thought...i have put limit sell orders about 10-15$ above todays closing price on 5 stocks i own and F at 2.99....just in case there is a big pop at the open..then buy back on the pullback..
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Morpheus
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10-15%
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Gary59
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Thanks for all the info guys, I have been around on and off for a few years and I have sort of figured out who to trust and who to watch out for,almost.
I am still trying to learn the discipline it takes to make good trades,one of my worst mistakes came from jumping into a run withou having any patience and calm down a little without having ALL of my money tied up into something..
Thanks for the info ...Good luck today..

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delgotit99
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Pouncing on DIG and OIH if they get close to their 52 week lows this morning.
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delgotit99
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**** it bought 40 shares of POT at 70.30
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delgotit99
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Out POT +$100
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Morpheus
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my limit of 36 just hit on WLT and im out for now..im buying back in on a pullback hopefully
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Morpheus
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delgotit..what huge gap down on POT at the open..great catch
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delgotit99
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Thanks, just wish I had more loot. $100 is nothing, but a $2.50 swing in the stock is a lot. Wish I had enough to buy 1000 shares.
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Morpheus
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jrcc has a ton of action this morning..bounced off a huge gap and still climbing..might be a play later on today
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rajthebam
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nice to see more people joining the board....this is good....Gary, R1 and morph have definitely been more than helpful and successful too....
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Gary59
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Thanks raj , glad to be here and learn something, and make a little money..'
F is up a little this morning hope it makes a little run up this morning..Just hit $2.35 it took a while to break that but maybe next level $2.50 EOD would be nice.....

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Gary59
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Also DJIA Almost back in the green again today....wonder if it will stay there today?
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Morpheus
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just bailed on mos 34.65 and jaso 6.15..buying back later in the day maybe..
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Morpheus
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im currently holding DIG MSFT X and F ..might try to swing trade these too
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Morpheus
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i put in a limit sell 5000 of F at 2.55..then i will buy on the pullback..even a dime is 500 bucks
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Morpheus
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i just bailed on all 500 shares MSFT 24.80..looking for a pullback..no buys today..just banking my mola
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Morpheus
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really seems like we are ready for a big pullback..the TV puppets are trying their hardest to get lambs to buy into the market..its seems alot more then normal..hhmmmmmm...IMHO
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Gary59
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Im getting ready to get out and in all cash, I will take a small loss now, and get back in next week but I have the same feeling that its gonna hit the fan at closing today..and would rather be in cash with small loss than hold for BIG loss..
I hope I am wrong but ,trying to play it safe...

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rajthebam
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gary, looks like a sound strategy...i sold my ABK for nice 300 dollar gain...and morph, you % lover, that was more than 40% gain in 10 business days....how's that for a day trader?
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