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    Day Trading Thoughts For Thurs. Dec. 11

    VERY nice! What made you pick 24.17 as an entry? Congrats. And good discipline. I left a mere 12 on the table in BIDU. But, how many times have we held...just a little too long and profits become losses? overall, good job.
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    Day Trading Thoughts For Thurs. Dec. 11

    It is quite simple. if none of the ideas get to the specific prices I point out, I don't do the trade. It shouldn't be hard to udnerstand. if the stocks get to those prices, I do what I suggest. if merely one or two do what I want them to do, it is very acceptable to me. For instance, I made...
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    Day Trading Thoughts For Thurs. Dec. 11

    Who knows with 100% certainty if we are in a correction of a bear market or a brand new bull market? However, what is certain is that the market ‘feel’ is different than it was, say, four weeks ago. The intra-day swings are not quite as violent nor as frequent. In fact, I for one have even...
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    Day Trading Thoughts For Wed. Dec. 10

    I could not agree more which is why I set it up as the market will take cues from oils and financials whereas yesteray it took its cues from techs like TXN, NSM, and BRCM after they warned but traded higher, but the prognostication (read: best guess) is that the market should stay up a chunk of...
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    Day Trading Thoughts For Wed. Dec. 10

    I can take all kinds of criticism (much of it well-well deserved afer having traded full-time for 12 1/2 years). However, if you are to comment, please at least read what I have to say. Please re-read (or simply read) what I wrote as far as market action today with an emphasis on the final...
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    Day Trading Thoughts For Wed. Dec. 10

    As I was filling up my gas tank last night, I couldn’t help but force a wan smile as I was able to procure just over ¾ of a tank of gas for my Camry for a mere $25. However, my smile evaporated as I remembered where I had just been- my friendly bank to make a small withdrawal. While there, I...
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    Day Trading Thoughts For Tues. Dec. 9

    With the advent of the CEO’s of the ‘big three’ automakers on CNBC almost ‘round the clock along with discussions as to exactly who will get TARP monies, it was interesting to come across this article: http://money.cnn.com/2008/12/05/real_estate/bail_outs_fair_or_foul/index.htm...
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    Day Trading Thoughts For Fri. Dec. 5

    Typically, when we were kids and we had good report cards, we could not wait to go home and show them to Mommy and/or Daddy. When we had bad report cards, we did everything we could to delay showing them the terrible results. It’s the darndest thing that the same phenomenon occurs in the...
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