This thread is a little ridiculous. Was this your first day trading?
First there is no market maker on an NYSE stock. Market makers are for Nasdaq. There may have been a specialist, but the issue was probably not caused by a market maker.
A day order is cancelled at the close. There are...
$525 right now, since my $497 buy call on 2/7.
I'm not trying to toot my own horn at all, thats not my style. However, since I was basically told my buying opportunity call was stupid then, I just wanted to point it out.:p
There are plently of long buy opportunities, but I think they are primarily for the short term day and swing traders.
I'm not particularly bullish on the long term market right now, but short term there are planty of trades you can make on the long side.
The problem with trendlines is the same problem that you can have with any charting indicator. All chart indicators are lagging none of them are leading. They only confirm what has already happened, not what will happen next. An indicator may suggest a potential momentum or possible support and...
Umm I dont know where you got this info from. Show me where it said you are not allowed or put any limit on day trading in a margin account before this rule.
To my knowledge, there was no limit on day trading in a margin account before nasd rule 2520 (pattern day trader rule) in 2001.
I...
Listen I take CNBC for what it is... entertainment. I definitely dont trade off what I hear on CNBC, but theres some usefull discussion on there.
Yeah, I can think for myself, but do me a favor and save the consipracy theories for Oliver Stone.
I may disagree with you on the direction of GOOG, but I assure you I am no lemming of the bulls. I shorted GOOG a couple times while it dropped from mid 600s to mid 500s. I just think theres a tide about turn and the market is over-reacting in this particular stock.
I put my money where my...
I watch alot of CNBC. You cant even get a staright answer on whwther we are even definitely in a recession from the 20 or so "financial experts" debating on there everyday.
Housing is screwed up and the markets taken a bit of a hit recently, thats obvious. Whats not so obvious is whether...
497 now
Personally I think anything below $500 is a buying opportunity for a mid to long term trade. I've been wrong before, but I think when its $800 you'll look back at thie as an over-reactive blip