Search results

  1. B

    Are Stops really the traders best friend

    Have you compared the relative drawdowns, stops vs. non-stops?
  2. B

    shooting the moon

    ART breaking out. Good ot $3.
  3. B

    Can someone explain to me why CZR went up 35% intraday over the NJ news?

    The float is like 2% of shares outstanding and there are lots of shorts.
  4. B

    Fading Yen - It has gone parabolic

    why are you figiting the trend here?
  5. B

    shooting the moon

    I'll post current stocks later, but want to review some of the better and worse positions here. BONT - closed out with small gain. Still under old highs and no new information to move the stock - generally prefer stocks with new info or new highs. DK - horrible trade management. Bot at...
  6. B

    shooting the moon

    My buy stop in PAL was triggered. http://stockcharts.com/h-sc/ui?s=PAL&p=W&yr=4&mn=0&dy=0&id=p24055846829&a=213437537&listNum=12 This is an interesting chart about which assets do what during rising interest rates (not inflation). Palladium right at the top of the list.
  7. B

    shooting the moon

    Good sports bettors tend to avoid the big games. There are more inefficiencies in a small college basketball game than in a Lakers-Phoenix game. Likewise tennis bettors prefer obscure women's matches to Djokovic-Murray in the AO final. Of course the biggest problem is concealing all of the small...
  8. B

    Fading Yen - It has gone parabolic

    Well, yen is collapsing, USD/Yen is parabolic, I think that's what you mean.
  9. B

    Fading Yen - It has gone parabolic

    I'm not quite clear on this thread . . . is he scaling in to a losing position? Long yen and short dollar? Because the thread title is fading yen, but he appears to be long yen.
  10. B

    shooting the moon

    For those wondering what the deal is with Triotech (TRT), here is something. http://seekingalpha.com/instablog/744074-billyjoerob/1356361-is-triotech-for-real I think the chart is good for a few more dollars, but this is a frothy market and TRT is tiny. The recent gains probably have...
  11. B

    shooting the moon

    Artio is a broken ipo that trades below cash (cash and investments are probably $2.30, something like that. The stock is at $1.96). Plus it's got about $14B of AUM, which you're being paid to own. It's an interesting opportunity. Of course the AUM is melting faster than the polar caps, but...
  12. B

    shooting the moon

    If you look at RLGT, a trade was made at $2.20, something like that, about 50c over the previous closing price. Sometimes I think these way out of whack trades are made to conceal new highs or low. In other words, traders are always scanning for new price events. If you put in a dummy trade that...
  13. B

    Back after several years...

    Didn't he say he was building his own algo?
  14. B

    shooting the moon

    I just tried IB Mosaic. The order screen is about the width of a rubber eraser. IB really has a knack for overengineered software that feels cheap. Not surprsingly, the VP of software development is selling IBKR shares pretty much every day.
  15. B

    long euro

    Why is the Euro strong? It's obviously not because Europe is strong. The stronger the Euro, the closer the whole experiment comes to breaking. I think this goes much higher until one morning you wake up and it's gapped down 10c.
  16. B

    shooting the moon

    I posted on Dan Loeb's Third Point a few years ago, it's publicly traded. http://www.elitetrader.com/vb/showthread.php?threadid=201845 Still trading at a discount. NAV is $14.61, fund trades at $12.22. Not bad for a top hedge fund. I expect the discount to narrow this year, no reason for...
  17. B

    shooting the moon

    Does anybody follow Break Point Trades? It's a paid service, but he does have some free stuff. It's usually very well done, especially the commodity stuff. His latest http://breakpointtrades.com/market_analysis/legacy.php?nl_id=1416 or blog.breakpointtrades.com
  18. B

    shooting the moon

    Euro taking off while sentiment is negative. http://www.dailyfx.com/technical_analysis/sentiment In other words, we could have dollar and yen devaluation, and commodities take off. Then Germany would be forced to start printing Euros, starting all out currency war. Gold then heads toward...
  19. B

    shooting the moon

    As I scan charts, it looks like metals are about to take off. Silver and copper in particular, bonds may be bottoming. Could dollar also collapse? http://www.finviz.com/screener.ashx?v=211&ta=0&p=m&t=JJC,SLV,ZROZ,uup
  20. B

    shooting the moon

    32% in two weeks on my first doji pick, let's see how the next one goes: LPR http://stockcharts.com/h-sc/ui?s=LPR&p=W&yr=1&mn=0&dy=0&id=p31351538343
Back
Top