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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...
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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
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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
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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
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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!
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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..
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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!
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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.
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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!
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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!
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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.
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