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Raj-I have TdAmeritrade, there's all kinds of different "tools" you can use. One of them is a last sale chart. It shows actuall buying and selling to the second. When I see pages and pages scrolling by, in combination with watching an L2 chart (which shows how many shares are available at each price) I can pretty much tell you when it's going to jump to the next price up or down. Like today for example. I was watching the last sale chart in combination with the L2 chart, and there was tons of selling at $1.19, and with not many shares left at that price I could see that the price was going to drop so (Don't kick me fellas) I SOLD AT $1.19......I just don't see a lot more strength or momentum in it. I could be wrong. I guess we will find out in the next few days. Either way I made a boat-load of $$, and It's not like I'm not going to buy back in at some point.
Posts: 1503 | From: washington | Registered: Jun 2009
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Sorry Raj, It was a split second decision. I've been sick the past few days, and I woke up late today. The second I got on I was seeing all the evidence that I told you about, and, I sold. You don't have any of these charts on Scottrade??...maybe they suck.
Posts: 1503 | From: washington | Registered: Jun 2009
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I called them L2 is money per month so i dont have it. last sale chart they are researching where it is and get back to me
Posts: 544 | Registered: Aug 2008
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Sorry Raj, but that sounds kind of lame. Honestly, I haven't heard much of anything good about Scottrade. And I've heard you guys complain about it several times. I realize they charge less per trade, BUT if you don't have access to these kind of tools then I don't see the point towards keeping them. These are just a few of the tools that I have there's quite a few more, but these are the main ones I use. I also use a to the minute, streaming, color coded, candle-stick chart. Honestly, they have a lot of great tools to use that have helped me in my buying and selling decisions.
Posts: 1503 | From: washington | Registered: Jun 2009
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As far as what I'm seeing, it's stable at $1.15/$1.16. Either way, SIRI is just plain good to hold. I don't think you have to loose. It just depends on your own agenda/strategy. Whether it's buy sell buy sell....or just buy at a good price and hold.
Posts: 1503 | From: washington | Registered: Jun 2009
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I'm outta here for now, still have a really bad cold, so I'm goin back to bed for a while. Good luck to everyone! Drinks are on me! Made some REAL good $$ today!
Posts: 1503 | From: washington | Registered: Jun 2009
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sold out of my PROT near close today 4.13...I brought this to the board about 2 weeks ago..hopw somebody made some coin on it..I tagged almost a double...wish I had bet the farm...hey...but ill take the 3 grand and spend it on a nice cruise to mexico next weekend..yeah that sounds good to me..yeah for carnival cruises
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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Sorry gents. I have been at the racetrack all day. Didn't have very good signal, but I was very happy to see my DRV had a great reversal today! See you all on Monday!
-------------------- wide open until you see god, then brake! Posts: 793 | From: Colorado Springs, CO | Registered: Apr 2005
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I'm kind of liking this DRV/DRN plays. I think the key is to wait until about 1230 EST until the market has determined its direction and high low for the day. Then all you gotta do is play the opposite direction. I think this only works on days the market is up a reasonable amount. How often does the market have two big gains in a row? Almost never. Usually, it reverses a bit the next day. Similar to the way I played it on Thursday.
-------------------- wide open until you see god, then brake! Posts: 793 | From: Colorado Springs, CO | Registered: Apr 2005
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Today is a GREAT example. DRV was down a big chunk this morning. However, I am going to wait until it bottoms for the day around 1230 EST like I said above. It is now making that move and I am looking to load up around $6.20 or so. Tomorrow is should correct up a bit for a nice 3-5% gain.
-------------------- wide open until you see god, then brake! Posts: 793 | From: Colorado Springs, CO | Registered: Apr 2005
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