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» Allstocks.com's Bulletin Board » Swing Traders » What I am watching as Swing Trades 2 (Page 96)

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Author Topic: What I am watching as Swing Trades 2
Morpheus
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now im out the short onf RMBS at 19.89 and reversed it up long DRN at 120.86
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Morpheus
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oops ..DRN long at 129.86
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TraderJones
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So your think green tomorow?? Or big green??
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Morpheus
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added another 20 long DRN at 129.15
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Morpheus
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I gonna try a new strategy and taek a vacation from "active day trading" for a bit..Im gonna cut my SIRI holdings in half and diversify...$3-5k amounts of AONE INTC FLEX BA DRYS JBLU UNG DENN AMD APWR DRN...then just ride the up tide till the end of the year..of coarse..i will monitor and alll starts to crap..cut my loss short 4-6% and any of them...that is what im doing..."plan your work and work your plan"..
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Morpheus
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oh yeah...cut my loss on DRN just now
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Morpheus
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TJ..if the trend continues...its gonna bean "UP Friday"...90% of the Fridays in the last 8 months have been up...so i thinking up
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TraderJones
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Thanks Morph
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Morpheus
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im in long DRN here at 126.60
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Morpheus
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this narrow range is crap....but from here who knows
I guess im up for the next couple minutes

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glenngsxr
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I'm thinking about jumping back into FAS at EOD. The market is down only 30 points, there is no reason why FAS should be down almost 4%. Agree??

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wide open until you see god, then brake!

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TraderJones
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yeah I'd agree Glenn, I was kind of thinking the same thing.
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glenngsxr
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Morph, judging by you going long DRN, I assume you think green tomorrow? Only bad thing is unemployment #'s out tomorrow. I'm going into FAS. Wait for it to hit a low.

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wide open until you see god, then brake!

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glenngsxr
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got into FAS at $71.61.

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wide open until you see god, then brake!

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Morpheus
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i just went long MRVL for the earnings report oday after the bell
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Morpheus
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i been riding the DRN short for the last 15 minutes and at the close...i will cut it in half...DOW open down tommorrow to carry the momemtum from here and then at about 2.5 hours into it..go long..hats my play
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Morpheus
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i really flip flop today...it was that kind of a day...but i did close up for the day 320 bucks..going green in the last 20 minutes of the day..i am short for the open tommorrow..holding more short in DRN than i like (150 shares I did not get my order in as I got distracted by the doorbell crap), I do believe the day will close up after a down morning..IMHO
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Morpheus
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mrvl must have just reported earnings as good..cause they are shooting higher..go mn go
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glenngsxr
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well, I ll be darned. Job report was excellent and FAS is set to explode today. I have had a couple of great days. Glad I got into FAS at its low yesterday near close!

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wide open until you see god, then brake!

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TraderJones
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Glenn--I also bought FAS yesterday at EOD. I already sold it in pre-market, didn't feel like messing with it. Made about $400. If it wants to really take off again I'll jump back in.
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glenngsxr
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Just got out of FAS at $76.21. YES! YES! YES! Made about $2500 in 2 days!!!!!!

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wide open until you see god, then brake!

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TraderJones
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Great sell price Glenn!!! Love to see that big profit too! CONGRATS!!!
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rajthebam
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Nice One Glenn. Must be a party at your place this weekend i would suppose. If not, do it.
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glenngsxr
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Thanks Gents. About time I got a call right lately. Now, do I jump into FAZ and try to play some kind of reversal or hold in cash until Monday?

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wide open until you see god, then brake!

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TraderJones
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Hold cash and wait for something obvious. Might be today, but you could wait. Besides that, Monday's are usually up....not great for FAZ. That's my opinion.
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TraderJones
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BIG volume again on BAC again 360 million and just an hour into trading.
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glenngsxr
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Just Intraday TJ. I will never hold FAZ overnight again. I just got back in at $19.32. Gonna try to get back out around $19.60.

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wide open until you see god, then brake!

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TraderJones
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Morpheus, you around?? Still holding BAC? I got in yesterday, bought it too stinkin high, looks like a good rebound though, still climbing.
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TraderJones
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Sounds like a good plan Glenn
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TraderJones
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did you sell Glenn??
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glenngsxr
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Well, got my $19.60. Gonna go to 7-11 and get a cup of coffee. Son acted like he was sick this morning and then all of a sudden he feels better an hour later. Imagine that!

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wide open until you see god, then brake!

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TraderJones
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Way to go Glenn! Drinks are on you!
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Morpheus
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glenn...your son...is he in 6-7 grade? and it is friday...test day/homework turn in day at school...hmmmm
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glenngsxr
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Morph, he's only 6 years old, but he has the mind of an adult. Friday is HW turn in day and spelling test day also. Came back from 7-11 and the market turned around COMPLETELY! What happened? Wish I would have stayed in FAZ a bit longer.

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wide open until you see god, then brake!

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glenngsxr
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How do you guys feel about SLV and GLD. Couple of asset ETF's. Would this be a good hold over the weekend based on the nice dip they took today?

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wide open until you see god, then brake!

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