Allstocks.com's Bulletin Board: What I am watching as Swing Trades 2

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Topic: What I am watching as Swing Trades 2

Morpheus
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posted

do you see any news on rmbs
..i dont

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Morpheus
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pickeup another 150 on RMBS at 10.75

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R1 Man
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Yes....RMBS....they got a ruling against them. They can't enforce some of their patents. That is why its down. Maybe it will level out next week but today....Good Luck.

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R1 Man
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Debating on SHORTING LVLT at $1.60+....thinking AH it will drop $0.10 or so.

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Morpheus
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thanx R1 ..i found it too late..i was watching it tank and when it started to level out around 13 i was playing for a 1 buck rebound..oh well..its looks to be a good buy at the level 11..i chipped in a little more at 10.75..now its a long term play

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R1 Man
Member

posted

Well, you have averaged down to $12.25....its at $11.71....so you might be ok.

I never did short LVLT...had to put my son down for a nap. Wish I did though.

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R1 Man
Member

posted

Grabbed C at $6.809....1250 shares.

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R1 Man
Member

posted

Almost sold at $6.95.... [Frown]

Holding over the weekend.

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Morpheus
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the overall trend is now down my friends...take a look at the 10 minute 2week chart of ERY...that is a buy as are all the inverse etf's..i got back into SRS at 56.60 in the last hour today

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Morpheus
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any thing running today??

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Morpheus
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grabbed more SRS at 61 on the rebound

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Madpammy
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Morpheus, anything make you believe anything but down today and tomorrow. By the way, good call on oil dropping from 50 last week.

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Morpheus
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i went all out srs at 63

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Morpheus
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overall i stll think the market is trending lower..so i really do not long term longs,,,but im all over S and PLAB to name a few when things turn for the long run

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Morpheus
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maybe a rebound?? im in FAS at 17.47..if it does

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Morpheus
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picked up S 2.43

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Morpheus
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i long for th open bell in the am..alos have some bounce plays in place..pld drys lvlt

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ChumpChange
New Member

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posted

I'm out...Sold off my FAZ today at 48.00 probably a day or two too early.

Any guesses on how low oil is going on this current trend. $35 per barrel for me.

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Morpheus
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i tapped another 20000 shares of SIRI today at .133 and i bought into S toward the close..2.42...take a look at the cup and handle chart formation..that is really a good one as far a chart patterns go..

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Madpammy
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posted

Anybody guess where today goes?

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Morpheus
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myprediction?

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Madpammy
Member

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Yep, I can't decide.

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mad

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Morpheus
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PAIN

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Madpammy
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Doesn't seem to be much good news out there.

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mad

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R1 Man
Member

posted

quote:
Originally posted by R1 Man:
Grabbed C at $6.809....1250 shares.

Took my lump today and down for a big loss. Had a maintance call and didn't feel like adding anymore money. So I sold at $5.51. Yuck!!

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Morpheus
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R1..sorry to hear that...bummer..im in SIRI for the long haul..that will be my savior this year..

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Morpheus
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i also like S..the chart lookd really good..might handle down for another day or 2..but looks to have great upside into up to 4.5 or more

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Morpheus
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rmbs at 9.65 looks good...i also still hold this turd too..

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Morpheus
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i picked up 300 RMBS at 9.63

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R1 Man
Member

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I grabbed DXO at $2.90. Up $135 on it. C cost me $1,600.

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R1 Man
Member

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quote:
Originally posted by R1 Man:
I grabbed DXO at $2.90. Up $135 on it. C cost me $1,600.

Sold DXO yesterday at $2.99 and made $135. Sold SKF short today....jumped the gun slightly and did market....ended up selling it short at $135.76. Covering at $130. Good luck all!!

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