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» Allstocks.com's Bulletin Board » Swing Traders » What I am watching as Swing Trades 2 (Page 83)

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Author Topic: What I am watching as Swing Trades 2
rajthebam
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BPSG...check it out guys...
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TraderJones
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So Morpheus, and anyone else that wants to comment, It seems like to me that the market could rebound a little bit. They are hitting the bottom of the chart, the same with BAC. My feeling was, originally that the market would go down to about 9600, and then come back up for a while, but then continue in this down trend. So my feeling is to wait to get back into FAZ, you know, 'till the market freaks out and goes way up again.

any comments would be appreciated.

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sju1973
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quote:
Originally posted by rajthebam:
BPSG...check it out guys...

Interesting chart. I like the long term uptrend with the short term drop here. Need to do more DD, but looks like possibly a nice play.
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TraderJones
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Hey Raj...your alive! woo hooo
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rajthebam
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yeah man...another day another dollar u know...once i get my cash freed up fm EDZ - i shall be back...
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Morpheus
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this is "hunt for red october"...DIVE DIVE DIVE...all hands alert...
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Morpheus
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with any "luck" SIRI just may close green...I will be holding all my FAZ and SRS longs thru the weekend..its looking like a black monday to me..IMHO
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SimplyTrader
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Morpheus, I bought DRN at $99, how long you think should hold it. What you looking for in the nearest future.Thanks
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Morpheus
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i actually just picked up 200 DRV long at 20.85 and ..yes I still hold 1K shares of CIT..just a total gamble
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Morpheus
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ST..I think the market will be dropping...which means you want to short DRN or buy the inverse to it..DRV
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Morpheus
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its a really great afternoon and the golf course is calling my name...laters and i am short for monday..but that is just me...gotta luv luv luv cyber vegas
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AJGrano
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sold all my DRV earlier in the day for 21.90 for just under a $250 profit.
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Morpheus
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i just picked up 500 long AONE at 19.85
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TraderJones
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Well what's gonna happen today??
Morpheus-What's up with SIRI? What are "your people" saying about it?? Is it going to take off some day soon, or keep floping around?

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Morpheus
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this is the week for SIRI..that is what they are saying...look for it to move up daily..above 70..
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TraderJones
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Thanks Morph.
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Morpheus
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ung looks to setting up for a buy at 9.60 or better
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SimplyTrader
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Thanks Morph. I held till today and sold it for $112. About $1000 profit.
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TraderJones
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Way to go ST! I need to be in your shoes.
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SimplyTrader
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You are doing grate TJ.I'm learning from you guys.
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TraderJones
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Morpheus---MAKE SIRI GO UP. MAKE IT! do it do it
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TraderJones
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Quite the market reversal going on huh?
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rajthebam
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and i would like to be in your shoes TJ...market is pretty wacky to say the least....see sawing back and forth...can't decide which way to turn to...i am hoping not towards the red side as EDZ opeartes opposite of the market and i have sold options that are pending....at 7 bucks....
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SimplyTrader
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Day trader can make fortune today,just play DRN,DRV and FAZ. Listen to Morpheus.
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TraderJones
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Careful Raj, it could be headed towards the red at the end of the day and tomorow, actually that's what I'm hoping for cause I'm in Faz right now.
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AJGrano
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hey do you guys think that MSFT is going to be a good play for the next few months? I'm just thinking with all the hype of windows 7 and christmas coming around that this stock will go up an easy 10%...but I was thinking about adding on dips then getting out after maybe 3 months to get the divi as well. any thoughts?
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TraderJones
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AJ-You might want to ask Morpheus, he had some MSFT and was getting ready to bail on it. And I'm not sure, but it might follow the market, which I think is just plain headed down for a while. Just my opinion though.
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Free Muney
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rimm and atvi selling off HARD for the past week.
good bounce play imo.

--------------------
Contrarian views always appreciated.... :p

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Morpheus
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AJ...i still hold MSFT in my IRA...have not made a move on it..I am giving it about 8% wiggle room from the top peak right now..if it breaks down below 27..then i am out. That would be telling me the market is most certainly headed in a down trend. I would then dabble into an inverse with small periodical buys...most likely DRV
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Morpheus
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ohhhhhh the PAIN...ohhhh the sirius pain...
It is down 1.5 do you f'ing believe it..crazy bulltard pos

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Morpheus
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i just bailed on half my SRS position and rolled into 5k SIRI long at .5715
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Free Muney
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yrcw radar for tomorrow.

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Contrarian views always appreciated.... :p

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Morpheus
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wow...can you believe it...SIRI actually closed green at 59...crazy stuff..just for kicks i bought into 1k long YRCW at 1.24 and i still hold 1k of CIT ...that turd..can't wait to see whats next..
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Morpheus
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AJ ..i think you have a good plan on MSFT...add the dips and keep a stoploss of 6-8%...its hard to tell what anything is going to do these days..MSFT seems to fight the trend..
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TraderJones
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SIRI in the green at the end of the day?? Imaging that, it's almost dreamy. They were at .61 in pre market, GEEZE!! GET YOUR BUTTS UP!!
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