Man I am making some serious$$$$$$$$$$$$$$$$$$ this morning good thing I bought the dips and averaged down from yesterday.
Santa Clause Rally=Much Higher=More Records
- Thread starter myminitrading
- Start date
Quote from hels02:
Um... the index gains stink compared to some stock gains. I do buy indexes, but not in a bull market like this one. Consider how easy it is to get a $1-$2 move on some stocks almost every day (DVN, GG, EFUT, GROW are some of my favs).
For example, you're spending $30-$70 for that $1. So every $1 move you gain 3% on your money in a $30 stock. What's a $1 move on one of the indexes and what did you spend on it? I mean today, you'll probably make $1 on the QQQQ, but how often does that happen?
In other words, from a % gain standpoint, when it's a bull market, it just makes no sense to play indexes if you are fairly confident... or just lucky.
Agree here Hels. I do the opposite of Eqttrader. I go long individuals stocks and short some ETFs to hedge my long when the markets reach certain points of low return. Not there yet, so I am 100% long right now. No hedge.
No time for Cryin'
Ya gotta start BUYIN'!!!
Ya gotta start BUYIN'!!!
Markets rebounding huge again
no one wants to be left behind
everytone wants to make $$
Load up on:
AAPL, GOOG, MA, AMR, RIMM, CHAP, BIDU, TIE, GS
If you are short you will lose moeny next week. Too much buying.
The 'money men' who run the markets dont want it to go too low!! There is no such thing as bad news.
Huuuge rally next week. 22 days left in december.
no one wants to be left behind
everytone wants to make $$
Load up on:
AAPL, GOOG, MA, AMR, RIMM, CHAP, BIDU, TIE, GS
If you are short you will lose moeny next week. Too much buying.
The 'money men' who run the markets dont want it to go too low!! There is no such thing as bad news.
Huuuge rally next week. 22 days left in december.
I love how just a few weeks ago you said you were never trading index futures ever again, you traded soybeans now. You better get your story straight.
Quote from Maverick74:
I love how just a few weeks ago you said you were never trading index futures ever again, you traded soybeans now. You better get your story straight.
Show me were I said never again, I did say after I road it up from 11300 to 12000 and cashed out I was going to wait and not buy.
But I am not stupid, you see that market is talking and I am listening, you should try it some time, then you will be a professional like me.
Thanks for that laugh. You are a funny guy. But definitely not a professional trader.
Quote from Maverick74:
I love how just a few weeks ago you said you were never trading index futures ever again, you traded soybeans now. You better get your story straight.
This whole thread is great entertainment. One guy says the mkt is way too rich...cant wait to short. Then nothing. Then mkt goes up and he's long. Then we have a pullback...gets quiet around here. Thats the great thing about fantasy trading on a chat board...if you are wrong...just keep quiet until the mkt goes your way. This place makes for great lunchtime entertainment.
I enjoy these two...are a riot...but I highly doubt they are trading any kind of serious money.