johnpaulca
12,036 posts
msg #119182
- Ignore johnpaulca |
4/22/2014 8:54:20 AM
johnpaulca
8,194 posts
msg #119133 4/15/2014 11:36:37 PM
test only:
Swing trade
TNA($67.54)...long...bottom of cycle
UVXY($64.47)...short...top of cycle
************************************************************************************
update:
TNA....$71.78
UVXY...$55.91
would have been an awesome trade.
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johnpaulca
12,036 posts
msg #119183
- Ignore johnpaulca |
4/22/2014 11:47:49 AM
I'm not sure who is buying this market up, I would speculate it's companies stock buyback with cheap money....thanks Feds....stupid bastards.
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Kevin_in_GA
4,599 posts
msg #119184
- Ignore Kevin_in_GA |
4/22/2014 1:40:26 PM
YOD is still up, although down from the close on Thursday. The others ... ouch. I'll hold for a few days but am not sure these will play out as I had hoped.
+++++++++
Well I added to MGI yesterday - more than I was probably meant to - to get an average cost of 13.71. Today recouped a lot of the loss from yesterday so I'm not freaking out. YOD is profitable but not at where it was on Thursday, and BKS is marginally up as well. These trades show a lack of discipline but will probably not hurt me too much.
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johnpaulca
12,036 posts
msg #119185
- Ignore johnpaulca |
4/22/2014 4:08:14 PM
Kevin...something to keep in mind, these oversold bounces after a significant drop >6%, will be shorted, so not a good place to become a long term investor....cut losses and move on.
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Kevin_in_GA
4,599 posts
msg #119186
- Ignore Kevin_in_GA |
4/22/2014 8:51:43 PM
Well, at the close today two of the three are profitable (including MGI) so I may have dodged a bullet.
Your comments are spot on and I'll likely put in tight stops at the open tomorrow to see if they run a bit - or I get tagged for a modest loss, which after the recent run of profitable trades I have had would not be too painful.
Thanks,
K
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Eman93
4,750 posts
msg #119187
- Ignore Eman93
modified |
4/22/2014 10:51:19 PM
Eman93
4,353 posts
msg #119156 4/17/2014 12:44:24 AM
celg trying to bo of the falling wedge
===================================
dumped it at 147.. could jump back in if it closes above 147
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Eman93
4,750 posts
msg #119188
- Ignore Eman93 |
4/22/2014 11:42:02 PM
Nice chart on DANG.... the charts look ready for a rest or pullback.. IMHO
Oversold filter: watch VXX, SDS, TZA, GLD, FAZ.
Had a buy trigger on SLV.
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johnpaulca
12,036 posts
msg #119192
- Ignore johnpaulca |
4/23/2014 10:29:52 AM
SPY...pointing to a down day...intraday sellers have the upper hand
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johnpaulca
12,036 posts
msg #119193
- Ignore johnpaulca |
4/23/2014 10:32:42 AM
UVXY...oversold on 15-min, waiting for pullback to add to yesterday's position.
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Kevin_in_GA
4,599 posts
msg #119194
- Ignore Kevin_in_GA |
4/23/2014 12:07:55 PM
Out of MGI at 13.91. Average entry cost was 13.71 so I made $200. Sloppy trade that ended up OK - not proud of it.
Out of YOD at 3.30. Entry cost was 3.20 so I made $100, but I could have gotten out at a better price on Thursday.
Still in BKS - entry was 300 shares at 16.67, now trading about 16.60.
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