keeep your eye on it, it nearly hit 22 again, and who knows where it's heading the volume is pretty low.
You notice how the volume on COIN had dried up??
i doubt there are shares that are easy to get right now...
could get interesting..
***Tripster's 2008 Investments (Ongoing thread)***
- Thread starter Tripster
- Start date
keeep your eye on it, it nearly hit 22 again, and who knows where it's heading the volume is pretty low.
You notice how the volume on COIN had dried up??
i doubt there are shares that are easy to get right now...
could get interesting..
The only time I gave attention to coin is when someone else mentioned it which was a big mistake obviously. But you are correct volume is lower so is PAL & TITN. Somethings gonna pop or drop and I am in position to buy....or sell. I have two long positions PAL & TGB. Got a few more G's I'd like to double up on.
Bought AAPL May 155 Put @ $10.00, TGT $12.20
Bought QQQQ May 46/45 Bear PUT Spread @ $0.43, TGT $0.65
These plays are actually contrary to how I feel about the whole mood of the market. I feel the rally is bullshit. I hate the fact that the FED is so proactive and fucking up every opportunity I could get rich from with their intervention and preaching of intervention.
Bought QQQQ May 46/45 Bear PUT Spread @ $0.43, TGT $0.65
These plays are actually contrary to how I feel about the whole mood of the market. I feel the rally is bullshit. I hate the fact that the FED is so proactive and fucking up every opportunity I could get rich from with their intervention and preaching of intervention.
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KayaNation posted on this board before: "Buy on speculation; Sell on news." AMD just dropped news today about their 3-core processors, so you may have already seen the peak. A good bet at this point is to put a trailing stop on it to protect most of your gain. You can check out your broker's help section on it, but basically, a sell is automatically initiated when the stock price drops so many cents or percentage points from the most current price. You decide how many cents or points you can tolerate losing--lost profit for your case. If the stock goes up, the trailing stop follows it up and only initiates a sell when the price goes back down, beyond the stop threshold. I'm sure other folks have more sophisticated methods, but this exit strategy works for me.
Just be careful if you're still holding next week when the earnings come out. If you think the earnings news will have a negative effect, then sell before then.
Well it also depends on which broker he is using because optionsxpres and interactive broker and some others have more sophisticated stops than others. Being able to set multiple order on an underlying position is awesome in protect profits or losses. Setting conditional orders also. Ameritrade has some form of conditional order.
Those are cool because you can say if the stock gets to 7.50 sell or start a trailing stop then and at the same time set the trailing stop to say sell if it falls .05 or whatever.
I got zecco, which has a trailing stop setup for selling stocks. I saw the spike yesterday and probably shoulda sold off then. It dropped back to normal at close. Madsci: Thanks for that tip I will be getting rid of this stock before that news. If it drops after the news I may buy some more and wait for another rally. kjxxxx: I get the trailing stop strategy, may try that next week on the reup, but could you touch on the more sophisticated trailing stops? I may end up switching brokerages once I get over having to pay commissions for better trading options hahaha.
I dunno about AMD, seem like so many techs on shaky ground, but I suppose you could get a nice small return & get out. Everyone has their strategies, soem love to play beaten down stocks, to me, I stay far from them, others do well..i like momentum, & i like growth,
Interesting to note...
http://stockcharts.com/charts/performance/perf.html?$PALL,PAL,SWC,$PLAT
Palladium has found its way back to $470, plat at $2020
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ok fells lets talk about a place for us to talk in the event that bg goes down or whatever? Kjx (what up, BTW) made a suggestion before something like that ???? oh I got a partial sale? on coinz when it hit my 10% @ 6.40 on friday but the entire 300 didnt sale not sure why. I guess thats where that all or nothing setting comes into play
Partial sells do occur, lets say you had your order in SELL 300@ 6.4O, at a certain point in the day, the BID hit 6.40 but only x (lower than 300)number of shares were wanted by the buyer, so they filled the partial, then,,,the price falls OFF the 6.40 BID & never returns to 6.4o, you're left w/ the remainder having sold x at the top of the days trading, if the BID during the day returns to 6.40 after falling you'll get the other part filled an such..if you wished to sell ALL, you'd either use an ALL or NONe or Fill or Kill...Coinnz will be back though. Will get interesting there very quick, getting my "dividend" free shares on Monday, looking to see if time will let it run into the 20s/30s..
The IB behind COIN also launched TASR & CALM...those had incredible runs...
Genius
This is some great networking and I dont have anyones atleast personal email. I did hit Trip up on the PM way early in the begining of the thread but got no response(no offense taken). Chase Bannon once upon a time had a blog as an alternative to always visit and talk. But how about one of those Yahoo! groups? I think they are free and can be started by anyone. Members have to be invited to enter.I closed my AAPL put @ $11.70 and DIA Puts when the stock and the market seemed like it wanted to rally. I kinda panicked because throughout the week I say my positions go positive then negative big. The market was holding up strong in the morning and I expected it to have fallen 100 much more aggressively and not ever pulling back into double digits. It did unfortunately after I sold and was too fearful to get back in on the short side.
Needless to say the market tanked and I watched my original targets get blown through. AAPL Put went to $15 on the bid.
My QQQQ and DIA spreads didn't hit my target. When I purchased the May Bear Put spread I chose may because I thought it would give it enough time to be in the profitable range. I found out though that the April moved much more aggressively than the May. Had I bought the Apr I would have hit my target and higher on Friday. I am still waiting on my target to be hit for the May.
Needless to say the market tanked and I watched my original targets get blown through. AAPL Put went to $15 on the bid.
My QQQQ and DIA spreads didn't hit my target. When I purchased the May Bear Put spread I chose may because I thought it would give it enough time to be in the profitable range. I found out though that the April moved much more aggressively than the May. Had I bought the Apr I would have hit my target and higher on Friday. I am still waiting on my target to be hit for the May.
good info Kjx, o.work i think you are right about the yahoo groups but google has some too i think ill look into them but does anyone care which way we go? or have any easier alternatives?
ive talked to kjxx before helped him with XP or office like 2 years ago h3ll so long ago im not sure he even remembers but i took his referell to tradeking though too but you cant blame anyone here for holding thier stuff. First its cool then you tick someone off and your the next pikestreet LMAO there are a lot of cool cats here and a lot of kids and silly people.
I got a line on chase too now that i think about it but im pretty sure he follows this to a degree. ill try to ask him soon
ive talked to kjxx before helped him with XP or office like 2 years ago h3ll so long ago im not sure he even remembers but i took his referell to tradeking though too but you cant blame anyone here for holding thier stuff. First its cool then you tick someone off and your the next pikestreet LMAO there are a lot of cool cats here and a lot of kids and silly people.
I got a line on chase too now that i think about it but im pretty sure he follows this to a degree. ill try to ask him soon
I remember us chatting. I don't think it would have been XP cause I only just installed XP this month when my girls family crash my 2000 and I downloaded that strip down version that I put on 5Gig partition.
Seems you like tradeking. I think I got $50 for you using my referral link. They have a great community. I like their blog community. Sound like a promo there. Not going to say anymore on brokerages in this thread. Gonna stick to trades. I will say a little piece on it in my thread there.
As far as Monday is concerned I am not sure how to read it. I was expecting the market to pull back This week and (not Friday). The strong bullishness of the week prior to Friday amidst all the negative news was a surprised to me. I was actually getting scared I was going to get wiped out because this week is options expiration and I was afraid with all the fund managers coming on the TV and talking up the market that they would take it up so far that when we finally get the pullback it would not come back far enough to where my options would be in the money or worth anything.
now dont get me wrong i would still like to see us with an alternative site to congregate.
everyone on yahoo or google????????????
INVEST IN AG & RIDE ...
this is going to be miserable to watch as millions starve but, you have to view it from the persepctive from where you stand,,Things are not going to get better, prices will continue to rise & resources, ah resources,,will be the most valuable thing this world has.,
well he day started off strong but ended up overall, anyone make any hot moves?
Wow what a day, all my airline stocks, that had been doing well tanked. Hope there are better days ahead. Even my Visa tanked a little bit.
Why were you in airline of all the sectors to be in? Oil keeps going up and airline goes down. Oil went up to 114.
I went long this morning on DOW futures and had to watch my little account fall almost completely apart then come back to close with $50 profit for the day. It was rough. I was confident about a rally. Just was a little worried about it falling too far that I would get a margin call and my account liquidated near zero.
Intel had came out and guided down recently so I know there is no way they could have disappointed.
I closed my QQQQ May 45/46 Bear Put Spread. I wasn't getting my target and I didn't want to wait till may to see if I could get more when I could make another trade to make some money in the mean time. If we have a rally then I will look to buy back in.
Actually, I got in Delta @8, it was up to 10.80, then went down to 9.30
I got in Air tran this weekend during the big dip when there were rumors of problems within, I was expecting it to go back to 6.50. It just got upgraded tonite, so I should be fine.
Awesome. Keep playing the game you know. Money being made all kinds of ways
Earnings season is starting & it's usually a good time to place bets...here are some notable ones & dates:
POT/TRA/CF/BIDU - 4/24, buy calls on the AGs prior to release!!!
4/17 - ISRG, interesting to see what'll happen, $50 up or $50 down
4/28 - TITN, out of flavor, but earnings should be very strong.
INTC seemed to excite the after hours a bit, up 7-9%, we'll see if the sentiment lasts.
Nice run-up on FSLR yesterday. Closed at new high $290. I'm going to be checking for resistance @ $298-300, but it may break right through like BIDU did last year on the way to $400.
COIN has a nice run-up in the last 2 weeks, almost back to break even on that one.
Still getting merked by PAL, but that's part of the game. Still not selling out.
Bought a little SIRI on the latest dip at $2.42 hoping for a min-run to $3.00.
USO is a great oil index. Has had a great run-up over the past year obviously.
COIN has a nice run-up in the last 2 weeks, almost back to break even on that one.
Still getting merked by PAL, but that's part of the game. Still not selling out.
Bought a little SIRI on the latest dip at $2.42 hoping for a min-run to $3.00.
USO is a great oil index. Has had a great run-up over the past year obviously.
good to see you still out there Trip. PoPo wouldnt that ISRG be a great straddle play? I'm still learning but if you think it will swing either way isnt that what a straddle is good for?
Congrats on the ag trade in the pullback. I debated with it but didn't get in because the further out option were really really expensive. Would have paid off big. Did the same with Bidu. Wrestle with that on all the pullbacks before earnings. Sucks when you playing with a small account.
Oh one more thing. Bought Carter's back at $13.98 and its been doing well for me. New moms will spend anything on baby clothes even when we're in a recession. Just putting the thought out there since it might not be something that crosses your mind if you don't have kids.
http://finance.yahoo.com/q?s=CRI
http://moneycentral.msn.com/detail/stock_quote?Symbol=cri
http://finance.yahoo.com/q?s=CRI
http://moneycentral.msn.com/detail/stock_quote?Symbol=cri
Thanks, Dman. That is one sector that I have completely forgotten about.
The cosmetic industry will always do well to, I think.
Would someone please hurry up and buy out Sprint! I would like to recoup some of my money. Bought about 40 shares at $7.35 in the hopes there would be a takeover attempt. Feeling like Florida Evans...DAMN DAMN DAMN!!!
I feel you on the Sprint thing. I would hold my breath for a buyout. Money is tight right now if you are a telecom company. You'd be well served to wait for a cheaper price to buy. Maybe Google buys them to get into the wireless space. But Google has issues of their own, but maybe that's what they need to get back to where they were before. Hang in there.
Exactly, BUT ISRG options cost an arm & leg, and a testicle. The ISRG May 340s are 30.oo per contract, meaning $3,000 just to get the call side, probably the same to get the other. BUT, on earings eaxpect a huge pice movement, either to the left or right, its a play that can be worth it for sure...
ok ok good to know im not waaay off the mark but why wouldnt good earnings mean a rise instead of a either way type deal?
