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  1. M

    RediPlus

    I have looked at or used many of the other platforms out there. Rediplus is the best IMO. It is reliable, very reliable. You will have very few problems. The quotes are accurate. It Offers good connectivity with excel, and they always answer the phone, and fast, whether it's to cancel...
  2. M

    Don's openings and more for 2005

    I screen and eliminate nearly every news stock, though there are exceptions. Years of research has given me an idea of which stocks I can include in the opening strategy. I don't like to trade against earnings, and earnings warnings or misses. The risk on this trades is asymetrical to the...
  3. M

    Don's openings and more for 2005

    Yes, Oils trade independant, so I do them seperately. Semi's have been good for me, although today, with NOK and MOT news, I adjusted everything up a bit. I do that manually.
  4. M

    Don's openings and more for 2005

    I run orders on about 150 stocks. Usually about 3k shares each positions but I will try to balance out the VOL and $ per positions. Someone like WLP would be 1200 shares. My main criteria is volume, then i look to develop some history with a particular stock. Learn the tricks that a...
  5. M

    Don's openings and more for 2005

    Ouch....sucks to be skunked today. Consider enlarging your list. I took 22 fills this morning. Traded around 150k shares, and made about 4200. My envelope was about .9 on both sides. Good trading to you! Mike
  6. M

    Don's openings and more for 2005

    Tell us more about your pair trading Don!
  7. M

    Don's openings and more for 2005

    I chat with lescor, and his private conversations mimick everything he has posted on here. He is an excellent trader, who is willing to take down size in stocks he feels he has a good edge with. He keeps detailed records so that he knows how well a particular stock is performing for him. Yes...
  8. M

    Don's openings and more for 2005

    I stayed long the FNM, even though it squeezed against me because there was a lot of buying pressure in the financials. FNM alone was worth $2590 today. OPG orders, is not about buy it at x, target y, stop Z. It's about making decisions after the open that help you maximize your profits...
  9. M

    Don's openings and more for 2005

    HEY.....I resemble that remark....I mean resent that remark!:)
  10. M

    Don's openings and more for 2005

    Even I have to admit that something smells here! I certainly don't have an axe to grind!
  11. M

    Real Estate will not meet the same fate as Tech.

    When did I ever suggest that anyone sell their principle residence? The tax benefits, combined with a forced savings plan, make it essential that you should own your own house. It is probably the only way that most will amass any wealth. My comments have been addressed to the RE...
  12. M

    Real Estate will not meet the same fate as Tech.

    First off, I am a big believer in RE investment. I have made a lot of money in RE. I plan on buying 1 rental every year for the next 15 years. I am in a stong financial position and I am fairly confident that I can handle the negative cash flow for an extended period of time. I feel that it...
  13. M

    Don's openings and more for 2005

    Once in a while, a stock gets away from me, at that point I shift gears with the strategy, and at some point I will likely average in. I also have a stop plan in place. And a S&R plan in place. I have found that I can almost always trade around my losers. The one strategy I absolutely hate...
  14. M

    Real Estate will not meet the same fate as Tech.

    What if you get a 50% correction. Many veterans of real estate have told me that this can be expected. Especially in hot areas. Will you still be ok. WIll you really be ok paying money every month for years waiting for that investment to come back. Your best advice is to take some off the...
  15. M

    Don's openings and more for 2005

    You have to increase your size when you feel comfortable. The easiest way to do this is in smaller increments. If you want to give your self a 15% pay raise, then increase your size from 500 to 600. WHen you're fine with that, go to 800, then 1000, and from there it is pretty easy to go...
  16. M

    Don's openings and more for 2005

    Typically, I trade 3000 share blocks on the opg. However, I also adjust this a liitle based upon price of the stocks. I.E. a $100 stock, I will do half as much as a $50 stock. Because I feel that the risk in trading stocks over 90 or 100 is much greater. Good trading to you! Mike
  17. M

    Real Estate will not meet the same fate as Tech.

    33' in my neighborhood. If anyone tried to change it, I know we would be out in force, we all love our panoramic views!
  18. M

    Don's openings and more for 2005

    If I'd held to the close, I would have been up 39k. I love to track those numbers too. My research shows that holding to the close tends to be a losing proposition though. Today was a net loser for me. Down about $1400. Oh well, tomorrow is another day. Good trading to all! Mike
  19. M

    Real Estate will not meet the same fate as Tech.

    It is entirely possible that markets hit the high today, and do not see new highs for 25 years or so. I hope that you seriously consider this possibility in your investment plan.
  20. M

    Real Estate will not meet the same fate as Tech.

    Well.....your gut feeling might just be an ulcer that's acting up....perhaps you should get it checked:) I do own real estate, My home has a beautiful ocean view in SD, CA, and turns out It was the right house at the right time and I have done well with it. I will live there for a long time...
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