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Post by cosmic on Jun 29, 2011 15:21:07 GMT -5
Interesting day and the action was in the stocks pumping the indices. Everything else was crap. Junk Lake is still draining, and hope you all see it. It's not a reason to be bullish. They won't run our junk stocks for a while - August/September maybe. Until then be comfy with the loss or sell it and buy/sell DIA, SPXU, whatever but stay close to the indices - statistically speaking you will not pick the right stocks. If you pick 6, you will lose more on 3 than you will gain on the other 3... if you are that lucky. Be Careful and Conservative. No trades today. GTC on AEA at 6.25. Hope everyone made some money today and will do so tomorrow. Members, please post your results along with your RDA of smileys!
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Post by maxi on Jun 29, 2011 15:28:01 GMT -5
Sold: ZLCS 4.2%
SSN 5.7%
All cash.
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Post by huh? on Jun 29, 2011 15:29:45 GMT -5
I agree completely. I've been lucky this week and today to have all my stocks up. But tomorrow might be whole 'nother story.
I think this whole week is just about short squeezing for QE. Look at the close on the IWM 2 minute chart. That seems to tell the whole story. Should see some weakness tomorrow after a strong opening IMO.
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Post by Clinton SPX on Jun 29, 2011 15:35:07 GMT -5
No Buys No Sells Account up 1.5% riding the dog sled
very busy at work
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Post by novice08 on Jun 29, 2011 15:42:42 GMT -5
Well, as predicted the PMs went up since I sold some earlier in the wk. Still think next wk. will bring pullback just like all the other early-in-the-month wks. lately. Just sat on my remaining miners, up nicely except pzg.
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Post by puurfectten on Jun 29, 2011 15:47:22 GMT -5
underwater..just holding vxx 23 calls...tomorrow should turn...
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Post by davetherave on Jun 29, 2011 15:51:20 GMT -5
Up another 3.5% today. One trade: I sold/trimmed BOX today. Yes I know.
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Post by sloop on Jun 29, 2011 15:55:52 GMT -5
Last night I received The 59 Minute Trader course from Dan Fitzpatrick. It was 1800 bucks but he had a special for 800 bucks for 24 hours so I bought it. It is a system that allows you to trade only the first hour of the market. I thought that would work out great because of my new endeavor with Real Estate. I stayed up till 2 AM last night working on this course. this morning I made 2,300 in about 20 minutes. Then left for the office at 8AM.
I think I'm on to something.
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Post by novice08 on Jun 29, 2011 15:58:20 GMT -5
Last night I received The 59 Minute Trader course from Dan Fitzpatrick. It was 1800 bucks but he had a special for 800 bucks for 24 hours so I bought it. It is a system that allows you to trade only the first hour of the market. I thought that would work out great because of my new endeavor with Real Estate. I stayed up till 2 AM last night working on this course. this morning I made 2,300 in about 20 minutes. Then left for the office at 8AM. I think I'm on to something. Awesome sloop, what was the %?
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Post by sloop on Jun 29, 2011 16:01:35 GMT -5
10% Novice
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Post by huh? on Jun 29, 2011 16:09:08 GMT -5
Last night I received The 59 Minute Trader course from Dan Fitzpatrick. It was 1800 bucks but he had a special for 800 bucks for 24 hours so I bought it. It is a system that allows you to trade only the first hour of the market. I thought that would work out great because of my new endeavor with Real Estate. I stayed up till 2 AM last night working on this course. this morning I made 2,300 in about 20 minutes. Then left for the office at 8AM. I think I'm on to something. Could say you made $2350 today if you want to sell a copy of that course for $50! ;D
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Post by demanuel2001 on Jun 29, 2011 16:19:11 GMT -5
This was a day for poorly timed decisions for me. I ended up only down 1/4% but . . . First, I sold out of my VXX puts early and then watched the price slide another $0.50.
Then I added to my weekly calls in LVS figuring the early slide today would dissipate (SCL was up 5% in Hong Kong last night - and MPEL which I sold out of last week was also up strong). I'm not too worried as I think LVS will finish the week strongly with the monthly Macao gross gaming win coming out on Friday.
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Post by maxi on Jun 29, 2011 16:27:49 GMT -5
Last night I received The 59 Minute Trader course from Dan Fitzpatrick. It was 1800 bucks but he had a special for 800 bucks for 24 hours so I bought it. It is a system that allows you to trade only the first hour of the market. I thought that would work out great because of my new endeavor with Real Estate. I stayed up till 2 AM last night working on this course. this morning I made 2,300 in about 20 minutes. Then left for the office at 8AM. I think I'm on to something. Very very cool Sloop.... If it works out you won't need the Real Estate job LOL...
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Post by sloop on Jun 29, 2011 16:30:15 GMT -5
Last night I received The 59 Minute Trader course from Dan Fitzpatrick. It was 1800 bucks but he had a special for 800 bucks for 24 hours so I bought it. It is a system that allows you to trade only the first hour of the market. I thought that would work out great because of my new endeavor with Real Estate. I stayed up till 2 AM last night working on this course. this morning I made 2,300 in about 20 minutes. Then left for the office at 8AM. I think I'm on to something. Could say you made $2350 today if you want to sell a copy of that course for $50! ;D huh, I hate to say it, But I just couldn't do that. here's why. I have been a member of his for a while and I just respect that guy to darn much. the guy tries so hard and is such a good teacher/trader taht I would be betraying him. I will let you know if it was just beginners luck...LOL!!
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Post by sloop on Jun 29, 2011 16:34:09 GMT -5
oh yes I will maxie, I hate staying at home. Just the first few days, I feel alive again
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Post by huh? on Jun 29, 2011 16:52:24 GMT -5
I was JK sloop, give you $100 for it.
JK again.
Keep us posted on the results though! Really interested to see how it works out for you.
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Post by exabi on Jun 29, 2011 18:45:33 GMT -5
Nice gains on PAL today, up 8.25% on the position, wish I had more, but just started a 1K position last week. Still down about 10% on LVS and CLNE, but I can wait them out. About 85% cash.
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Post by kbk3ck on Jun 29, 2011 19:04:25 GMT -5
My ETP calls are up 35 to 40% now. I love those!!!! Unlost more on the ERX and TNA calls. Will be green on them soon? Lol. My 70 shares of UPRO I got at $69 are kicking ass!!!! Good day.
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