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Author Topic: What I am watching as swing trades 3
TraderJones
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Might be a good choice Glenn, looks like the market could still push up a little more.
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glenngsxr
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Yeah, it looks that way. I will wait and see tomorrow.

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wide open until you see god, then brake!

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rajthebam
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whats up gents i guess we're opening a little down but should come back up around noon time - what do u think?
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glenngsxr
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Really not sure what it's going to do. Gonna wait awhile and see what looks tasty at that time.

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wide open until you see god, then brake!

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glenngsxr
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I have also noticed MSO is a swing trader. I think if you can pick it up in the low $6 range, you can swing it to $7 in no time.

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wide open until you see god, then brake!

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glenngsxr
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OK, into CSTR at $54.65. Looks good for the time being so what the heck.

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wide open until you see god, then brake!

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glenngsxr
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Should have held my DRV. Looking good right now, but man that thing was not looking good yesterday afternoon. Better safe than sorry.

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wide open until you see god, then brake!

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glenngsxr
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Well that didn't take long. CSTR took off right after I bought it. Up $500 already.

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wide open until you see god, then brake!

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glenngsxr
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Holy mother. Up over $1k just now. I think this was pure luck, but I will take it!

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wide open until you see god, then brake!

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TraderJones
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Awesome Glenn. I've been watching CSTR everyday, and they've been hitting a new high just about everyday. Shoulda listened to myself on that one, cause FNM looks like the slow boat to china. (CSTR)Although when they're shooting up like this they can be quite volitle, so be careful, take your money when it looks good and run.
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glenngsxr
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Out of there at $57.60. I love days like this. Now I need a place to go for a couple of days so my daytrades can settle. Back into FAS?

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wide open until you see god, then brake!

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glenngsxr
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not much going on. not sure what to get into so I will not play anything I guess. Any ideas for tomorrow?

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wide open until you see god, then brake!

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TraderJones
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Check out NFLX Glenn.
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TraderJones
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Or maybe CROX
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glenngsxr
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How do yo guys feel about going long DRN or FAS at this point? Play an up market in the morning?

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wide open until you see god, then brake!

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glenngsxr
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Got into FAS right at market close at $53.62. Playing for a reverse tomorrow since there was no real reason the market sold off today. Wish me luck.

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wide open until you see god, then brake!

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rajthebam
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you meant 33.62?
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glenngsxr
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whoops, meant DRN. Either way, getting my a$$ kicked right now.

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wide open until you see god, then brake!

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glenngsxr
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Well this certainly sucks. I almost had a perfect week of trading. Didn't lose a dime until today. Guess I will just have to hold DRN for a bit.

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wide open until you see god, then brake!

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rajthebam
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I am looking at EDC or DRN to get in at good entry point - may be write a covered call to get some premium in my ira account
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rajthebam
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MT is kicking my ass too
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rajthebam
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in EDC at 26
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glenngsxr
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Too early Raj. Should have waited until the market peaked for the day. It will probably go down in the next hour or so even further.

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wide open until you see god, then brake!

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rajthebam
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and u r right it did....should have listened to you but its in IRA so not looking to daytrade this one...just may be writing a covered call when it moves back up i guess
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glenngsxr
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ahh, that should work out in the long run. We are getting slammed everywhere today. I think by 1230, the DOW will be down over 230 points.

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wide open until you see god, then brake!

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glenngsxr
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quote:
Originally posted by glenngsxr:
ahh, that should work out in the long run. We are getting slammed everywhere today. I think by 1230, the DOW will be down over 230 points.

And there it was. I am gonna change my strategy to more of a short term one. I am not gonna hold overnight for the most part any longer. Gonna play this 1230 HOD/LOD strategy. When it hits, I change direction.

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wide open until you see god, then brake!

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glenngsxr
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Well this certainly sucks. My DRN still testing its low of the day. Taking a 12% loss in one day hurts. Not selling yet so I guess I am not taking a loss, but jeez this is weak.

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wide open until you see god, then brake!

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glenngsxr
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Anybody ready to get your heads pounded in again today?

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wide open until you see god, then brake!

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glenngsxr
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well hell, doing pretty good thus far. Still have a ways to go on my DRN, but made half my losses back so far so I should sleep a little better tonight.

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wide open until you see god, then brake!

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TraderJones
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Hey Glenn-I think I'm ready to make some damn money!
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glenngsxr
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guys, I am getting nervous. This market is not very strong right now. Do I sell my DRN or not?

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wide open until you see god, then brake!

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glenngsxr
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Gents,
I sold my DRV for a lovely 12% loss. This market is plain crazy right now. I am out for awhile. I withdrew my money. Been fun trading with you guys and I will be back again soon.

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wide open until you see god, then brake!

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glenngsxr
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quote:
Originally posted by glenngsxr:
Gents,
I sold my DRV for a lovely 12% loss. This market is plain crazy right now. I am out for awhile. I withdrew my money. Been fun trading with you guys and I will be back again soon.

nevermind. I had a weak moment. I will be around for a bit longer.

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wide open until you see god, then brake!

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glenngsxr
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Into NFLX at $102.75.

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wide open until you see god, then brake!

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TraderJones
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yeah, glenn's back
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