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» Allstocks.com's Bulletin Board » Swing Traders » What I am watching as Swing Trades 2 (Page 74)

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Author Topic: What I am watching as Swing Trades 2
TraderJones
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Well I guess I gotta be patient too Glenn cause I'm in FAZ also. It's a good day for it because I've got a cold and I might just go back to bed for a while.
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glenngsxr
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This is some BS. The market has no reason to go this high.

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wide open until you see god, then brake!

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TraderJones
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That's exactly what I was thinking Glenn! I saw an awful lot of news on all the stocks I watch being pumped out yesterday, like they're pushing the market to go up, so they can make money when it goes down. That's what I think anyway.
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TraderJones
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On a side note: So Glenn you're from CO. Springs?? I grew up in Littleton.
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glenngsxr
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Yes sir. I live in the springs and work in Denver half the year and work all around the US the rest of the year. I like Littleton, it's just a skip away from a lot of attractions.

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TraderJones
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The market sure is droping fast compared to being 180 points up.
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glenngsxr
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looks like the lunchtime drop. Hopefully it will keep dropping so I can make $$$ on my FAZ.

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glenngsxr
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Here we go FAZ, here we go! Here we go FAZ, here we go!

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TraderJones
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Amazing huh Glenn??...How the market can change so quickly from being so (falsly) high.
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glenngsxr
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it is indeed crazy. I was down almost $700 this morning, now I'm nearly right side up again. Oh this crazy market, I knew there was a reason I loved you.

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TraderJones
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I'm thinking and antisipating, there just might be a big CLUNK drop at the end of the day.
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glenngsxr
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Well gents, anything going on today? Looks like my FAZ is up in pre-market.

Morpheus,
Looks like SIRI is taking a beating. There was a blurb about insiders selling their shares immediately after vesting, but I can't find anything else.

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TraderJones
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Hey Glenn, I got up late, still sick. Not sure if there's anything good going on yet.
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TraderJones
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DROP DAMN IT DROP YOU STINKIN' MARKET!!!
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glenngsxr
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It looks like the market is gonna test the DOW 9800 and then correct, much like it has done the past two weeks or so. I say be patient and we will get our rewards.

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TraderJones
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Cool Glenn, that's somewhat of what I had in the back of my mind. [Smile]
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R1 Man
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http://www.fool.com/investing/general/2009/09/30/1-year-later-the-most-unfairly- punished-stock.aspx?source=ihpdspmra0000001

Click that link and read. Interesting article.

By the way....Market isn't going to drop much anymore this month. Don't see that happening. But holding MT strong....no sells set either.

SIRI is a buy I think...$0.51-0.53.

By the way....I posted the wrong stock a week ago that my father bought. I said it was TOT....I was wrong. Its POT. He grabbed it at $70-80....at $91 today. But sorry for the bad post.

Ok, off to make lunch....good luck all....ohhh....how about the market skyrockets up and financials tank huge so we both make money. Then I'll sell and buy financials up. [Wink]

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glenngsxr
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R1, I hear ya there, but it sounds like a good dream for both of us. You need to get your pops on here. Sounds like he could offer some sound advice!

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rajthebam
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agree Glenn....R1's old man seem to know what he's doing for sure...
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glenngsxr
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R1, it looks like you will be right so I am getting out of FAZ at about a $1k loss. I could wait it out if I wanted to, but I have a margin call tomorrow and with earnings season here, I will stay away.

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TraderJones
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I bailed on FAZ in after market yesterday. All the signs were pointing to, not getting any better. The market wants to go up???? I don't get it. But I can't fight it. Go with the flow I guess.
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TraderJones
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Thought for the day and beyond:
"SMART TRADES"!!!!!!
Make every trade count like it's your last and your life depends on it!!
Either you bought it at the right point and it's consistently going up, or it's going down, and consistently going down. We all don't like waisting a "round trip", but if it doesn't look good, you probably have to get out.
AGGREED???

SIGN HERE X____________________________

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glenngsxr
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I have a quick question. How old is everyone in here? I will start. I am 25.

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TraderJones
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Hmmmmmm well Glenn let's make it interesting, see if you can figure it out.
I'll be as old as the SuperBowl next year.

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glenngsxr
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quote:
Originally posted by TraderJones:
Hmmmmmm well Glenn let's make it interesting, see if you can figure it out.
I'll be as old as the SuperBowl next year.

44. not too bad at all.

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TraderJones
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43 now I'll be 44 next year
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R1 Man
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quote:
Originally posted by glenngsxr:
I have a quick question. How old is everyone in here? I will start. I am 25.

31

But my father doesn't care for the crap that gets posted on these types of sites. He allows me to find them and gives me stock picks here and there for you all. Well, mainly for myself. I may not always agree with him and I chewed his butt out when he said he bought "TOT" when he really meant "POT". He tells me quite a few picks and we talk in the mornings usually. Nothing like that 8am wake up call of excitement from him. [Frown]

So, who bought MT or a steel company when I posted I was and did??? MT is at $38 even. Up $1,540. That wipes away the ETFC loss from 2 weeks ago. But not going to sell. I don't have a whole lot of time to trade lately with working and my son. Needless to say, the house is behind on housework.

By the way....MT will stop around $41 where I will consider selling then getting back in around $39 if lucky.

CTIC....I still say its a buy. Maybe worth risking the purchase of 2,000 shares or so. If I had gotten a chance earlier....I would of sold MT and bought CTIC at $1.06-1.07. Currently at $1.13. But has potential to hit $1.50s.

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R1 Man
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CTZN....someone do some DD on it. Not saying buy but might be worth a look.
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glenngsxr
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quote:
Originally posted by R1 Man:
CTZN....someone do some DD on it. Not saying buy but might be worth a look.

Huge drop this morning. Looks like the FDIC has put a freeze on officers of the company buying/selling their stock due to some shady banking practices. I would say stay away as they are being investigated.

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Dagny
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AUY may run today for a nice profit [Smile]
Stock Rating Reiterations: ANF HOTT AUY RIG NE LINE AA DFT
30 minutes ago - Dow Jones News

Related Companies
Symbol Last %Chg
AA 14.66 3.24%
ALXN 44.06 0.69%
ANF 34.83 6.64%
AUY 12.03 4.70%
BMRN 17.64 -0.62%

As of 11:09 AM ET 10/8/09

Rating reiterations for Oct. 8 from Briefing.com:

Company Ticker Brokerage Rating Change

Abercrombie ANF Jesup & Lamont Buy
Alcoa AA RBC Capital Mkts Sector Perform
Alexion Pharma ALXN Jefferies & Co Buy
California Pizza CPKI Jefferies & Co Hold
Costco COST Jefferies & Co Buy
Dupont Fabros Tech DFT KeyBanc Capital Mkts Buy
Hot Topic HOTT Roth Capital Hold
Linn Energy LINE RBC Capital Mkts Outperform
Monsanto MON Jefferies & Co Buy
Noble Corp NE RBC Capital Mkts Sector Perform
Transocean RIG RBC Capital Mkts Sector Perform
Yamana Gold AUY RBC Capital Mkts Outperform

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Morpheus
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what up dudes..i took a royal thrashing yesterday with SIRI dropping like it did on so called "news"..what a bunch of crap..that was not news, for the last 6 months some of SIRI execs have been selling like 10% of their vested holdings to pay for their large house payments and such, and yesterday they spin it as "news" gimmi me a break..this is purly a ploy to get the weak longs to cough up their shares so the savy can pick it up on the cheap..Unfortunatly for me I had been leveraged to the hilt (300K shares) and was sold out automatically 50K shares when the turd hit 53 and again another 30K shares at 51...I did manage to buy back some shares at 53.5 once it started to rise and I did buy 30K shares in my IRA acct at 51.75...all in all I dropped about 20K yesterday...NOT a good day when your acct drops 20% in one day...but that is what happens when you are leveraged with margin to the max...I do however strongly believe that this is just a bad game that is going on before the good "real news" comes out with SIRI earnings and subscriber growth in 2 weeks..i currently hold 250K shares and if it goes down in price from here they will just trim my holdings at Interactive brokers..we will see..I believe SIRI is up up up from here..also DRV is a good buy here at 19.90...im in a golf tournament today and tommorrow..and im out the door at 8:30am PST..laters..oh yeah by the way ..im 51
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glenngsxr
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Morpheus, a GOLF tournament! Lucky guy. It is snowing here in Denver.

Has there been any blurbs about SIRI actually growing their subscriber #'s?

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TraderJones
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LVS doesn't want to stop. Looking at a 6 month chart they still have room to grow.
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sju1973
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quote:
Originally posted by glenngsxr:
I have a quick question. How old is everyone in here? I will start. I am 25.

36
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rajthebam
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i am 30...right behind R1...in age that is.
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