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R1..about the market not going down morre this month...have to diagree..Keep an eye on the EURO chart..it is extreamly over valued and will start to tank from here..the dollar will strenghen and the Dow will DROP..maybe as early as tomorrow Friday..I did enter a GTC market order on FAZ at 19.20 and it picked up today on 400 shares whilst I was out playing..up until last Friday..there have been appx 14 out of the last 16 fridays where the market has closed UP..i am playing for this trend to break hard. and with that in mind..excluding my SIRI holdings ..im long FAZ TZA DRV and short 300 LVS (which i shorted this morning at 18.50)i will add to these in portions of 20% of my original lots if they go against me 5-6%..and if they go my way..I will add to these 20-25% of the shares with each 2-3% gain..these are my plays..generally the KISS method...keep it simple stupid but I am most certainly bear at this time
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quote:Originally posted by glenngsxr: Well gents, an up morning in the market. I have some money sitting aside.....anything on the radar?
CTIC was a buy last week. Up $0.13 from posted entry. Now its rocky.
DRIV caught my attention this morning. Sold my MT at $38.22 to buy it but decided to hold off. Almost pulled the trigger at $24.16 and chickened out. Now its at $25.03. Ohhh well. Gonna find something else to play I guess.
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With DRIV...I felt like it could jump back to $27 this morning and that was part of why I sold MT to buy it. When it dropped down to LOW LOW $24, it made me freeze. Now back at $25.40....$25.10. So undecided. Gonna play it safe I guess and stay away. Looking for a new play....if not, buying MT back.
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quote:Originally posted by TraderJones: If you bought at $37.80, how long would you hold? where would you sell?
I have no idea. I worked 6 days last week and kicked out 65 hours. So again, I have very little time to trade. But next week I get laid off for 2 weeks so you should see more of me then. Hopefully then stocks will be good $$$.
By the way...C Thought about buying because of bank results this week. I think the news is going to be good and bank stocks will get a boost.
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FSII---I saw that one earlier, I wasn't sure if there was enough volume to get anything. About 8% would be sweet. I've gotta get a good win for myself and get back in the sadle. Nothing but UP from here right??
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quote:Originally posted by TraderJones: Glenn, you finding anything?
Got some work to do for a little while, so not much time to do DD, but I have my eye on DBLE. Looks like nothing but up recently so she may be good for 8% or so over the next few days.
-------------------- wide open until you see god, then brake!
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Is F worth getting into at this point? Or are they just gonna hover the rest of the day? I wish they would hit a better low, might not happen.
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Trader, I was not mocking you by the way. Just wondering why they released that as news. They built a van that they say small businesses are going to love. ok Ford, big deal.
-------------------- wide open until you see god, then brake!
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I know Glenn, I put "news" in quotes just because that's always the way news is these days, just as you did. Any little bit of good "news" makes stocks go up, and it's usually not GREAT news.
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