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i F'd up this am open...crap..but got lucky and was able to salvage a small loss with that reversal...crazy...now...im long from dow down 35..with LVS from 15.65 and DRN from 129.55...im at breakeven for the day and pissed off ..cause I missed BIG money with this action..im still playing UP friday...
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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negitive on a BAC...only onong term long holds right now for me are SIRI MSFT HURN WYN ...the rest of the turds i have been swinging in and out of today..especially DRN...alos watching the euro/dollar with the euro as a leading indicator as to the short term direction of the DOW/ (all stocks for that matter)..at this momemt im short DRN
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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i still plan to diversify out of half of SIRI and into a basket of 12-14 stocks all long at days end..or sooner (depending)..about 4-6 grand each with half my total buys today and the other half on monday next week
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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alos watch the USD/CHF ..this currently has tons of fast action on it...when the dollar rises the dow/ (all stocks for the most part)drops...hint hint
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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the dollar and the dow just reversed so it just reversed...now long
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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This market is tired. It looks like yesterday. Little volume on the DOW and back and forth between red and green. I am thinking another EOD drop, just not as big.
-------------------- wide open until you see god, then brake! Posts: 793 | From: Colorado Springs, CO | Registered: Apr 2005
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now it reversed again...did you see the breakout of the USD/CHF....this is a great early indicator for trading the ETF's ..long and short...I like DRN cause tons of action..
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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FAS is a good mover too...so take your pick...my point is we should all be making MONEY...good luck
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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The DOW is having some trouble getting positive. I was gonna hop into FAZ at $20.00 even, but I got the "pattern day trader" warning so I guess I am stuck for a couple of days. Have a good weekend everyone.
-------------------- wide open until you see god, then brake! Posts: 793 | From: Colorado Springs, CO | Registered: Apr 2005
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I bought and sold FAS, made another $150. Didn't feel like holding over the weekend...That's hurt me more than helped me in the past. But I'm up about $550 for the day. I say it's a good day. Posts: 1503 | From: washington | Registered: Jun 2009
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I'm outta here too. Going to work on my dad's 48 Ford. Thanks for your insight Morpheus, Glenn and anyone else who is listening.
Posts: 1503 | From: washington | Registered: Jun 2009
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just popped into 2K YRCW at 1.14 will double up if it drops more..
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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Just got a "pattern day trader" notification. Only settled trades for 90 days. Why do they have to mess with us? What does the man have against day traders? What a bunch of BS.
-------------------- wide open until you see god, then brake! Posts: 793 | From: Colorado Springs, CO | Registered: Apr 2005
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ya need a 25K dollar account...it is total BS...Im with IBD ....only 1 buck a trade
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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Morpheus, its complete BS. For what, to limit the daytrading because its risky? So is putting your money in companies like AIG 3 years ago, but regulators didn't do anything then. It's the same thing with mutual funds and 401K's. They want as much money tied into the market as they can at all times. "Stay the course, stay the course". For what, so you can continue to make fees off me?
-------------------- wide open until you see god, then brake! Posts: 793 | From: Colorado Springs, CO | Registered: Apr 2005
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I got in DRV this morning 14.50 - Out just now at 15.00 even....should've squeezed out little more but its ok i made money....3% gain in 1 day. i'll take it.
Posts: 544 | Registered: Aug 2008
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