Mags

[mic414]

This is totally ridiculous. Anything that has security, surveillance, defense, monitoring etc. in its company description goes up like crazy.

The most exciting game in all this is to guess when it crashes.

Do I sense correctly that a lot of good stocks are being ignored because of this stupid security bubble?

 

[billpritjr]

order activated at 7.95, filled at $8 last week

IPIX hit 27 today

 

[Mecro]

Quote from spect8or:

Hahah! Lol, you remind me of (the old) me man, the way you shoot off at the mouth about stuff you apparently don't know shit about.

No, you're the smart guy throwing cash down the shithole with your "prop trading". God you suckers are hilarious. Even more so because you don't even realize just how great suckers you are. You'll realize it one day. (Seriously, you will...but have fun with the fantasy...it is fun for a while.)

.No offense but your strategy is equivalent of picking out a few low priced Naz stocks that have some fundamentals behind them and waiting.

No offense, but it's nothing like that at all. Glad you think so, though.

Yeah, I'm throwing money away with prop trading except I NEVER RISKED ANY OF MY OWN MONEY. Dumbass, I've gained greatly from prop trading since Nov 2003 and I also have a separate account for long term holds and swings with options which is UP by over 50%.
Pretty stupid assumptions just because I had an opposing view of this bubble "investing" strategy. If you make money cause you got in early, then great.

 

[Virtuoso]

Quote from Mecro:

Yeah, I'm throwing money away with prop trading except I NEVER RISKED ANY OF MY OWN MONEY. Dumbass, I've gained greatly from prop trading since Nov 2003 and I also have a separate account for long term holds and swings with options which is UP by over 50%.
Pretty stupid assumptions just because I had an opposing view of this bubble "investing" strategy. If you make money cause you got in early, then great.

Mecro,

This is not a "bubble investing" strategy. This is a market strategy that happens to have plays/moves exemplified when the broad market is in a speculative "buy happy" type of mood.

 

[gms]

For those of you that would like more information regarding bill's method, here's a couple of his recent informative posts from turtletradingsoftware:

http://www.turtletradingsoftware.com/forum/viewtopic.php?t=772&highlight=

http://www.turtletradingsoftware.com/forum/viewtopic.php?t=998&highlight=

 

[Virtuoso]

Quote from easyguru:

RIMM all time high was 148 on 3/12/2000
ASKJ all time high was 186 on 11/16/1999

RIMM was in the 180's in late 99 or early 00 -- I know because I sold shares at that level and a few months later they were worth 40 or so... Had I only known

ASKJ was a funny one "in the day". It could move 10 pts on under a million shares...

 

[easyguru]

Highest price touched by RIMM was 175.75 on 02/28/00. But that was not the closing price.

 

[PoundTheRock]

Quote from easyguru:


Those interested in researching this further could benefit by reading following books
1 How to trade in stocks By Livermore
2 Ed Seykota interview that appeared in Stocks and Commodities Magazine in 1992
3 How Charts can help you in the stock Market By William L Jiler
4 Superperformance stocks by Richard love
5 Mark Minervini interview in Stock Market Wizards.
6 The Hedge fund edge by Boucher

Yes, Boucher for sure.

 

[SethArb]

is now oneof the hot daytrading stocks

who would have thought it possible a sleepy low float name

could do so much volume or have so much volatility

 

[SethArb]

monday after Israel killed another top Hamas leader