posted
I think that's a fairly good estimate R1. I think Friday will be a very down day actually.
Posts: 1503 | From: washington | Registered: Jun 2009
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quote:Originally posted by R1 Man: Your link doesn't work.
So, market up 225 right now. Which day will be the down day??? I know why its up today but I am thinking Friday will be the down day making Thursday a slight gain of 30-40 points.
I'm not sure what happened with the link. Try this link.
posted
I'm selling all my METAL stocks today. Thinking of flipping the AIRLINES today only but not holding anything. Friday, I will look to buy back in on anything and everything. 30-40 point gain today is still my prediction. Friday, I think a 90-120 point drop. That will do me wonders if I'm right.
Missed buying more AKS at $18.51 this morning. Kicking myself for not grabbing it. All the metal stocks were up and they were down. Knew it would pop.
Anyways, Airlines I might play are: LCC, UAUA, DAL, JBLU...can't remember the others. Also will look on the screener and see what I find. I'm getting greedy today.
Posts: 2367 | From: Detroit | Registered: Mar 2005
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Dang....didn't sell my METAL stocks yet. Down over $0.60 from where I was going to sell.
Posts: 2367 | From: Detroit | Registered: Mar 2005
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R1, It seems like UAUA always hits a low this time of year. I think they have a earnings report coming July 21 also...might be spec. buying up untill there.
Posts: 1503 | From: washington | Registered: Jun 2009
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posted
Sold all my steel. Made $1,599 on it all. Debating on what to do next. I think steel will go down friday so debating on selling short, which to sell short and how many shares. Also, do I cover today and be safe or roll the dice and cover friday. Hmmmm.....????
Posts: 2367 | From: Detroit | Registered: Mar 2005
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posted
Ok, debating on shorting MT or X. Leaning towards MT and have short order of 1,100 at $35 in. Scared though. Market is higher then I had hoped and also X has really moved up farther then I suspected. That makes me wonder if MT will hit as high as $35.23....???? Scratching my head now. The market has moved up FAST and not really slowing down.
Changed it to $1,000 shares short at $35.10. Playing cat and mouse right now.
Posts: 2367 | From: Detroit | Registered: Mar 2005
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posted
I knew STEEL was going to be lower today. Should of held my breath and just sold 1,100 shares of MT short Thursday at $35. Bid is $34.28 today. Well, I'm not sure if I will even buy anything today because of the surge of 500+ points in a week. I think we have some pulling back ahead of us today and next week. Anything I buy today will be sold today.
OIL is interesting right now. Might flip DXO or something in that nature.
Posts: 2367 | From: Detroit | Registered: Mar 2005
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BCRX is the day trader to play today. I'm gonna roll the dice on it a few times. Posts: 2367 | From: Detroit | Registered: Mar 2005
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I hit it at $5.98. Now scratching my head wondering if it will get back in the $6.00 range. Posts: 2367 | From: Detroit | Registered: Mar 2005
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R1...looks like it's topping out and headed for a down trend for a while...my own speculation.
Posts: 1503 | From: washington | Registered: Jun 2009
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I know....gonna whore it one more time I think. I tried to sell it short at $6.08 and my order was kicked out. Sure would of been nice....because it hit $5.92 after I tried. Anyways, this is EXTREMELY RISKY so beware!!!
I will likely WHORE it some more though. As long as my son keeps watching Dora Explorer.
If I buy in....it will likely be around $5.90-5.93....with a sell at $6.06-6.10.
Posts: 2367 | From: Detroit | Registered: Mar 2005
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I'm guessing here.....it looks like it might even go into the $5.80 range or less. It does look risky. Could take a big dump at any time....watch for that bounce maybe.
Posts: 1503 | From: washington | Registered: Jun 2009
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I know...I got distracted....neighbor's dog got loose and then my son had to watch a back-hoe dig a hole next to me. So time is running out now.
I will have to look at it later today. Too much to do now....Bath, Lunch, Play, Nap then its a possible go.
STEEL stocks bounced also. But again, I don't advise anyone to buy and hold today.
Posts: 2367 | From: Detroit | Registered: Mar 2005
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CIT was a great play today. Bankruptcy scare looming drove this way down. Financing talks with banks today drove it way up. I was watching this since yesterday afternoon. I had a feeling it would be a great flipper today.
Posts: 426 | From: Philadelphia, PA | Registered: Nov 2008
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quote:Originally posted by sju1973: CIT was a great play today. Bankruptcy scare looming drove this way down. Financing talks with banks today drove it way up. I was watching this since yesterday afternoon. I had a feeling it would be a great flipper today.
I watched it also. I haven't followed the news on it today but Chapter 11/7 would still be likely. I know its up over 120% today.
BCRX....WOW did it ever fall and get back up. Now I am ready to play again. Wish I had bought at $5.60s...back at $6.02 now. But I will throw the dice again...maybe even twice.
STEEL shot up big. Didn't see this coming. Would of been up more if I had held vs my $600 pick pocket this morning. Ohhh well....I'll just reach in the old wallet a few more times and make up for the difference plus a little extra for my weekend fun.
Posts: 2367 | From: Detroit | Registered: Mar 2005
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I grabbed 7,000 shares of BCRX at $5.88. Selling at $5.98. Maybe higher....just put my son to bed too so now I can watch it better.
Posts: 2367 | From: Detroit | Registered: Mar 2005
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SOLD!!!!!!!!!!! WOW I am good!!!! Made another $700 this time. $1,300 for the day. Posts: 2367 | From: Detroit | Registered: Mar 2005
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DAMN....I should of whored it again...I was debating on getting back in with 8,000 shares at $5.85....its at $6.02 now...geezzz....so much for another $1,360....
Anyways, everyone have a great weekend. I know I will!!!
Posts: 2367 | From: Detroit | Registered: Mar 2005
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HGSI and CIT.....Are todays day traders heaven!!!
CIT is very disturbing though....how do they kill that stock with all kinds of WORTHLESS Chapter 7/11 talks and now its back from the grave and 4x off the low....???
HGSI...I was gonna grab 4,000 shares at $10.50. Missed that boat $11.60 now
Posts: 2367 | From: Detroit | Registered: Mar 2005
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posted
Not sure which to play. Will not play CIT unless I don't use my margin. But HGSI might be my only play today. Have to get a feel for how it will move before I touch it. Right now its at $10.30...make that $10.60
Posts: 2367 | From: Detroit | Registered: Mar 2005
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Wow...HGSI...$9.80 now....hmmmm....????...$9.50s...$9.20s...now back at $9.70s. Getting my feel of $$$$ fever.
Posts: 2367 | From: Detroit | Registered: Mar 2005
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No luck on getting filled. Have to do a few things....but will keep an eye on it. Too bad I wasn't loaded up....$9.89 now. Would of been up $1,519. Geez....I know I will hit good today. I'm determinded. Then the rest of the week is play it safe...CASH!!!
Posts: 2367 | From: Detroit | Registered: Mar 2005
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Wow did you kill last week R1!! Way to go! I'll bet HGSI will take a dump mid-afternoon then shoot up towards the end of the day. Could be in the mid $8 range. we will see. Posts: 1503 | From: washington | Registered: Jun 2009
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I'm not so sure about $8s range but I believe it will come back down to $9.30s. I sure wish I was in. Have to do the MATH...might just sell it short and forget about it. I have my son here saying...."Lets go outside". But if I had hit at $9.40....wow...that would be $0.90 per share or $2,790.
I just have all these rocks I can throw today...but only 1 throw. Who knows....but it will be $$$$$$$$ day either way.
BTW....I am being wreckless trading like this but the rewards are BIG. So game on!!
Posts: 2367 | From: Detroit | Registered: Mar 2005
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posted
Well good luck!! When do you think this way-up market is going to dump?? Where do you think it's going to go down to? It sure seems awfully high and scarry. I can see is droping 300 points this week, about half of what it went up last week. So how old is your son? I have a 6 year old. just one kid.
Posts: 1503 | From: washington | Registered: Jun 2009
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