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» Allstocks.com's Bulletin Board » Swing Traders » What I am watching as Swing Trades 2 (Page 78)

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Author Topic: What I am watching as Swing Trades 2
glenngsxr
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I work in the industry and I can tell you guys that all of the mfgs are picking up. FLEX, JBL, SANM etc. I consider these good long term holds, but wait until the market pulls back until you jump in.

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Morpheus
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congrates on the EMC..that chart looks very very bullish..possible short here? hmmmm not enough action on this one..for now if you like action...the 3X ETF have got it going on..alos that AONE looks to be trending down and might be good for 6-10% drop..i think ill take a little bit o that action short at 23.20 100 shares..why not!!
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Morpheus
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i just took a small 200 share position in GE afterhours at 16.75 for the morning earnings report..total roll of the dice here..maybe some chump change will come my way...I luv luv luv cyber vegas!!
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jgrecoconstr
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R1 thats why I never got a lifetime sub because the receivers never last. Actually I think I am on my third and the wife is on her second one. Her third if you count her new car. If you think about it they know they won't lose or they wouldn't offer it because think of the revenue they would lose if you had a sub for 20 years for 500 bucks...... that would relate to almost 2k in lost fees. Everybody has a gimmick. Great service they offer and I would never give mine up but I would never fork over the money for the lifetime sub.
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glenngsxr
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My wife and I paid the lifetime fee. It is transferable to a new receiver because I sold my last truck and the Sirius went with it. Moved it to the next receiver the next week. Never had a receiver fail. Wife's is 2.5 years old and mine is 3 years old. At any rate, it doesn't matter.

Big down morning. I'm up a touch on my DUG, but wish I was in FAZ. I know better than that dang it. Now, will this be a one day correction or next week kerplunk........to be continued.

R1, does MT correct back to $35 from here. MT seems to be a good indicator of the market in all honesty.

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TraderJones
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So, the market took a big dump this morning. I kind of saw it coming, as far as the what the charts were telling me, and I was guessing the market has gone up so much lately just because of speculative buying surrounding earning season, so I got into FAZ late yesterday. I'm already up $450. So the big question is now: Sell now??? or let it go a week. I think FAZ could go up to about $21.75 or so, that is as long as the market continues to slide down for a while. And it could go more if the market really drops.

Any comments would be appreciated. Thanks.

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R1 Man
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I knew better. Called Friday right. However, didn't get out of AA. $14.34 for me. I thought about the price last night and where it was a year ago. Man, if it hit $30 which it will again someday. My stock would be worth $60,000. I'd be extremely happy with that. On top of that...holding it that long would allow me extra MARGIN as the price increases allowing me to park my butt still and still make trades without adding additional funds. Sure would solve some problems. Well, back to spending time with my son.

Ohhhh....next week...down Monday....even tuesday....up the rest. And I'm on layoff too for 2 weeks so you will see lots of me.

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Morpheus
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i bailed on my GE in premarket ...those dicks!!!
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glenngsxr
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Trader, this market is unpredictable right now. I would say take your profits today and sit on the sidelines over the weekend. If the market looks like a down week is coming on Monday, then get back in and ride it for a couple days. Don't get greedy on FAZ though, that SOB is all over the map lately.

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Morpheus
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R! ...are you just throwing darts on you "down" prediction of Monday and Tuesday?? or is there another good reason..cause this does not sound like the normal you
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Morpheus
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as of no7:45 am PST
SRS uo 5%...FAZ up 7%...DRV up 7.5% and SIRI is up 2 cents...yee hawwwwwww ...the market is TANKING thank you BAC and C

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TraderJones
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Glenn-took your advice. Sold FAZ at $19.18!
Made about $600. That's a good overnight profit, I'll take it. We'll see what happens the rest of the day and next week.
I say WOOO HOOO!!! [Were Up]

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Morpheus
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TJ...good for you..you know the old saying ...you never go broke selling for a gain and taking profits...you may lose out on future gains..but you wont go broke...just have to weigh in the risk reward...for me im rolling the dice for down more than 1 day in a row..so i remain short for now...you can allways buy back in if your feelings/vibs change toward as the day rolls on
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TraderJones
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Thanks Morph,
what do you see SIRI doing in the coming days?
I wish I would have bought them at .52.
I think their earnings are coming out the week of Nov. 7th.

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Morpheus
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I own a boat load and look for over a buck by years end or sooner...perhaps right around earnings report...for a change even Motly Fool is starting to print some reasonably bullish "news" crap about SIRI which is very not like them to do..normally they just bash and bash the same really old stories..I like the print out on seekingalpha.com and siriusbuzz.com...they really bring some great accurate info to go by..I looking for 3 bucks by next summer
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TraderJones
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Morpheus-So, do you feel they will take another dip before earnings, a better place to buy???
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Morpheus
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TJ..I good ..but not that good..who the heck knows..buy some and if the dip comes buy some more..maybe 3-4 buys till you get the shares/dollar amount you desire/afford
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TraderJones
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Thanks Morph
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TraderJones
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SIRI seems to want to stay pretty solid, like they're going to go up more...maybe.
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TraderJones
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The DOW/BAC want to come up taking FAZ down.
Good advice Glenn, thanks. Although who knows what will happen Monday. Keeping FAZ, for me, would have been a guessing game at this point.

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TraderJones
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UP DOWN UP DOWN UP DOWN BLA BLA BLA
Roll the dice gents, see ya Monday.

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Morpheus
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cyber vegas...the biggest guessing game in town..just learn to read the tea leaves and then go for it..gotta luv it
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R1 Man
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I'm doing a prediction...its a guessing game but I think people are starting to feel better about stocks. So might not tank much more. Hell, I'm considering to sit on AA for a long time. Wait for $30 a share. Long wait...maybe a year but the profit is worth it. But, right now...gonna work my butt off and STACK some money up in the bank. Working in Material now and my plant being the only truck plant in the US for Dodge. Seems like my plant will get stuck working for now on. Doubt I will get much more downtime after this one. But my material boss likes me and all these hours he can give me...hell...I could make 100k a year. With that in thought...might have to divert 40% of my check into 401k so I can dodge some super high taxes. Last week, taxes were just under $800.

Anyways, I will be working with my son this week and getting projects done for once. You will still see me on here and I will be watching the best I can. I have some new goals now and working towards them.

TJ...you seem to becoming a good trader. Risky at times but your making $$$. Morpheus...gonna catch you someday...but until then, you get to buy the beers. [Wink]

Alright, off to bed.

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TraderJones
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Anything look good today?? I knew I should have bought SIRI on Friday, still could go up from here, maybe to .65. Oh yeah, CIT is up, I think they've got good things on the horizon, bla bla bla bla ....be carefull
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Morpheus
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short BAC..that looks good...long FAZ that looks good..long DRV that looks good too..that is enough to make some great buck today...that is what im in for starters
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Morpheus
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dow in now red and will keep on down ..momemtum..go short on the pullbacks (or pullups in this case)
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Morpheus
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i have trade4d in and out of DRV and FAZ 2 times already today ..Dow is currently up 5 im no going long on these here ...also with the CIT Ichan news..that sounds pretty powerful...gonna pick up 5k blocks on pullbacks below 1.25...SIRI is up 3.5 and looks to be headed higher...go man go
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Morpheus
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dow is currently up 65...not 5 ..i got fat fingers
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R1 Man
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I grabbed 1,000 shares of FNM at $1.24.
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TraderJones
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Careful with FNM R1, some ugly news there.
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Morpheus
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both FNM and FRE ...chatter of going to zero cant be good for a long on those
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TraderJones
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So where is CIT going Morph??
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Morpheus
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el f I no...i just picked up 3k shares at 1.23...its not as strong as I thought for now..so im being conserative on this one ..if it goes down .05 ill pick up 2k more..that is it for now
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TraderJones
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So I bought some SIRI earlier in the day, gonna hold it for a while, could continue to go big towards earnings which they just announced to be on Nov. 5th.
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TraderJones
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The DOW up Monday and then down Tuesday???
Any guesses??? Good time to buy FAZ again?

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