Dow down 165 more points. 5 trading days in a row in the red. All oil related stocks are down due to higher than expected inventories posted today. Not a good time unless your shorting stocks or buying puts.
Posts: 1638 | From: Up North | Registered: Jan 2006
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Oil related stocks are trending down over all for the past week. 80 dollar a barrel oil is not in the cards anytime soon.
Posts: 1638 | From: Up North | Registered: Jan 2006
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yes i have been looking at stocks on the big boards like SLW CDE PAAS HL EBAY they are getting killed the last few days
i had a ton of CDE its down over $2 from where i sold it just 2 weeks ago..like 40% glad i sold made a ton of cash!! thinking of getting some more CDE or SLW or EBAY or some blue chip stocks these are getting hammered!
-------------------- please dont trade stocks on my alerts, do your dd first. Posts: 5265 | From: Alberta | Registered: Jan 2006
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inflation news came out today and its on the increase ..... gold is now or 710 an ounce. If the inflation story continues, than gold will also continue to rise. Given the state of the economy and the damage the oil prices have created and those yet to trickel into the economy I believe (IMO) inflation will continue to rise, the fed will have to stop raising rates, and gold could in fact hit $1,000 an ounce.
Posts: 806 | From: CT | Registered: Dec 2005
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Well, to be honest, I've moved away from the pinks since I made a killing on PGPM. That was when pink momo's "jumped the shark". Since that 1000% day, you've had Superman and SHaker and STOCK STER, and your grandmother throwing momo picks around... it's saturated the momo market.
Have to give the pinks a rest until the next hot topic hits.. then play the momos again.
The play is now hurricanes. I was hoping to get into NLST in the .20's but missed the boat.. hopefully it dips. ZENX is dropping and if it goes under 1.10, I'm buying. BUGS, WEGI, ECCI are other risky hurricane plays as well.
I'm into solid OTC stocks now. FRPT is going to be $5 by EOM, and if they get Iraqi Army Contracts, say hello to $10+ by the Fall. MPTS is very risky, but I think I'll make a bundle... very very low volume. However, it is a recent reverse merger. Going to change its name and looking to buy onling gaming sites. CASH COW.
You have a lot of newbie traders on here now looking for the next PGPM. Stop looking. Those great returns do happen, but every few months or so. You need to build your portfolio by the days, weeks, even months. 100% gain in 3 months is better than any mutual fund out there. And those type of returns usually happen on the OTC. Pinks go up, but then go down. So stop looking for the next great pink. Unless some blockbuster news hits and you can buy low before anyone else, they are worthless garbage.
Look for some .50 - $1 OTC stocks with great potential, buy, wait, and sell in a few months up 100 - 400%.
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM! Posts: 6379 | From: PA | Registered: Dec 2004
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repo, i have made a ton of money in pink stocks and OTcbb stocks after PGPM if u stopped buying after that let me tell u missed a whole hell of alot
-------------------- please dont trade stocks on my alerts, do your dd first. Posts: 5265 | From: Alberta | Registered: Jan 2006
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right now i am looking for hurricane and water stocks, thats why lately i havnt put out no alerts cause i cant find any good ones there that havent run already
i am still looking though, not really buying anything else this market is brutal thinking of getting back into some silver plays on the big market though
-------------------- please dont trade stocks on my alerts, do your dd first. Posts: 5265 | From: Alberta | Registered: Jan 2006
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Superman, I know, but you've got the timing down... and you've got your "ear to the ground" so to speak. I give you all the credit in the world for being good at what you do. But most of us are not that quick to trade in or out.
Not mocking you, just saying different styles.
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM! Posts: 6379 | From: PA | Registered: Dec 2004
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yea repo i guess i get what u are saying thats why i am not starting my own thread usually, well atleast lately cause i dont want to see peopel just buy cause i am putting out a pick i like slow and stead gains so everyone makes money
now lets find some water and hurricane plays
i have googled everything for some and all i got was a handfull of each water and hurricane. i need alot more!
-------------------- please dont trade stocks on my alerts, do your dd first. Posts: 5265 | From: Alberta | Registered: Jan 2006
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quote:Originally posted by rimasco: "Oil momo's are played out. Deal with it."
PGPM was 2weeks ago......since then i have made over 500% trading MOMO on IDCN (just bought 0028/29)...DEAL WITH THAT
you dont walk away when your hot
When do you walk away, when your down 70% or when you're facing a margin call and have to dip into home equity loans or credit cards, AND then have to tell your wife you just lost the vacation money, so she goes banging the milkman - is that when you walk away?
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM! Posts: 6379 | From: PA | Registered: Dec 2004
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Speaking of Foreman, whatever happened to KNOHE? Was supposed to be the next line of cleaning products with Foreman's endorsement... now in the crapper.
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM! Posts: 6379 | From: PA | Registered: Dec 2004
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LOL.....Listen i agree with everything you said (hurricanes plays water....pinks and otcbb coming to an end) if you look at some of my earlier posts i was suspicious about the pops on alot of these things.
"the cats and dogs run when the markets are near a top"
-------------------- "Simplicity is the ultimate sophistication" Posts: 4005 | From: Shaolin | Registered: Oct 2005
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LOL omg Repo, I like you man!! But you crack my ass up sometimes :-) I'm not even 10 percent as good as Superman so I understand you not playing pinks, (I play very few pinks, they scare me!) I want to start a Superman Fund. Maybe he and MAtto can run it. We can all put our money in one big acount and they can trade for us!!
-------------------- let it ride!!! Posts: 635 | From: Orlando Florida | Registered: Mar 2006
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