I bet he is buying today, and when the market spikes up sometime down the road, he'll be back crowing that the "bought the bottom" and made big money.
Fed Announces Rates!! Massive market Surge!! I Am Right
- Thread starter stock_trad3r
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I bet he is buying today, and when the market spikes up sometime down the road, he'll be back crowing that the "bought the bottom" and made big money.
Not so good but as promissed im not going to dissapear just cause my picks are going south.
Im in the red and Ill have the latest percentages soon
So far, im down but on the other hand, it isn't ever yet. There is still time.
Currently, the picks are still as holds:
aapl
hans
chap
goog
tie
Chap released good earnings up in AH-but went south. im break even on this though.
Hans is up from my call, but not nearly as much as last week.
AAPL crapola. I was skeptical of this fomr the start given the options probe. But it has to be included in the averages.
nevertheless.
TIE: This will go higher later. Lost good money on it, but I know that TIE will go higher.
Goog: still ahead on this but not much. Very strong stock though.
On a possitive note, it looks like the nasdaq selloff should be coming to an ned soon:
http://stockcharts.com/h-sc/ui?s=$COMPQ&p=D&yr=0&mn=10&dy=0&id=p90280111210
Strong support in the 2030-2060 range. As we saw today the markets rebounded VERY sharply from the oil inventory-this could be the start of a huge reversal higher. Damn..nasdaq pullinbg higher as I type this. but still too early to call, but not too bad though.
Should markets touch these bottoms and bounce off expect massive rally.
Im in the red and Ill have the latest percentages soon
So far, im down but on the other hand, it isn't ever yet. There is still time.
Currently, the picks are still as holds:
aapl
hans
chap
goog
tie
Chap released good earnings up in AH-but went south. im break even on this though.
Hans is up from my call, but not nearly as much as last week.
AAPL crapola. I was skeptical of this fomr the start given the options probe. But it has to be included in the averages.
nevertheless.
TIE: This will go higher later. Lost good money on it, but I know that TIE will go higher.
Goog: still ahead on this but not much. Very strong stock though.
On a possitive note, it looks like the nasdaq selloff should be coming to an ned soon:
http://stockcharts.com/h-sc/ui?s=$COMPQ&p=D&yr=0&mn=10&dy=0&id=p90280111210
Strong support in the 2030-2060 range. As we saw today the markets rebounded VERY sharply from the oil inventory-this could be the start of a huge reversal higher. Damn..nasdaq pullinbg higher as I type this. but still too early to call, but not too bad though.
Should markets touch these bottoms and bounce off expect massive rally.
Probably so.
And that's why one waits.
Bottoms do not become bottoms until after the fact.
After bottom seems to be in, then buy, on stop.
Put stop somewhat below bottom, in case you are wrong.
If you're going to trade you're shortchanging yourself if you only play the long side. Playing BOTH sides greatly increases your chance to make money on a daily basis. Playing only long is like a football team only running the ball (and not having a passing game). Big disadvantage in not using all your options.
you could just cover a portion of the winners that way you have some positive results
This precisesly why you shouldnt get cocky and start threads like this and post overly biased sentiment all over this forum. The market dont care what your positions are 
Hopefully you'll humble a little from this.
Hopefully you'll humble a little from this.
Ok mate, I am going to help you out..call it charity. I will give you 3 important things to look at.
1. 200 day MA
2. 3 year chart. draw the trend line.......CORRECTLY
3. Direction of recent volume since crossing below the 200 MA.
i will also give you three important unsolicited tips
1. Go flat
2. Spend the next year reading and studying how markets behave and their cyclicality
3. go eat a humble sandwich.
stocktrader will be heard from no more. His "desk" has been repoed yet again for rent a center, and they will no longer be able to provide a picnic table for his institutional desk to place "massive" buy orders...