PDoody Posted December 11, 2002 Report Share Posted December 11, 2002 Drano, if you are short lrcx you should be happy to know it has been repeatedly borked on the crap network by I believe someone named Lisanti. Had to see pm update and SG, now I must be going. Now Groucho is in my head. Link to comment Share on other sites More sharing options...
Guest AssMaster Posted December 11, 2002 Report Share Posted December 11, 2002 For those of you interested in Gold, Oil & Natural gas, there is a natural gas stock NWN which has been behaving very, very well since I bought it a coupla days ago. Have a look at the stochastics on various time frames. Link to comment Share on other sites More sharing options...
Fartpolio Manager Posted December 11, 2002 Report Share Posted December 11, 2002 they sure didn't like that Costco News... Link to comment Share on other sites More sharing options...
PileDriver Posted December 11, 2002 Report Share Posted December 11, 2002 I'm staying with BEARX for now and "trolling for turds" to short come January. That's when this ball should really get going and knucklehead hopers start waking up and start selling. Then it'll be dart-throwing season practically. The pile driver will be working double-overtime. Link to comment Share on other sites More sharing options...
simple guy Posted December 11, 2002 Report Share Posted December 11, 2002 Interesting aside, from the Hurst cycle book on Doc's site: 1. Maximize Your Profits: Where the magic is - the most dollars in the least time - Maintaining 100% investment. 2. Timing Is The Key: something new and unconventional is required - What makes prices change - The source of trends - The significance of cyclicality. Refer to #1 for what I do by nature and it works Example in a small cash account I have I did 3 trades total in about 30 days or so First trade the stock rose 32% in a few days 2nd trade from there, next stock rose about 5% in a few days Last trade the stock rose 25% in 3-4 days Total return is around 75% on the initial money. I bought and sold each trade, plowed the entire amount into next trade. Now with the Rydex Funds, I do the same... only I dont trade that often. I wait for the E Waves and Retracements to come to me.... I then trade in whole hog at 200% leverage, and sometimes its for one day, a half day, or 2-3 days.... usually 3 days max at a time. Key is... dont game the tape daily... be patient. Have a system and use it and stick with it once it works, dont deviate or be cute. I would like to see 26.30 gap filled on Q's... but my instinct and gut says after 3 days of this crap, that the next move is down, not up.... and the gap down should fill.... We shall see... Link to comment Share on other sites More sharing options...
GregFokker Posted December 11, 2002 Report Share Posted December 11, 2002 How they lookin' GF? Should be makin' a little now eh? Have now covered the spread and the comms, hoping for a visit to MaxPain or better yet, SG's 24.50 target. Thanks for checking in, Sweef- typing keeps me from chewing my nails. Over 10K in comms this year so far, and this trade made me sweat. It was the rally from hell Link to comment Share on other sites More sharing options...
simple guy Posted December 11, 2002 Report Share Posted December 11, 2002 Some very clear Elliott wave patterns are finally showing up today intra-day from the high of 26.07.... and they are bearish in nature... first time I've seen clear patterns in 2 1/2 days... hint hint... Link to comment Share on other sites More sharing options...
Bearman Posted December 11, 2002 Report Share Posted December 11, 2002 Crapvison in Japan lol Sad to say They can use same script in US Link to comment Share on other sites More sharing options...
DrStool Posted December 11, 2002 Report Share Posted December 11, 2002 I couldn't agree more, SG. Furthermore, this market could be stick in a narrow range for a good while. Don't get chewed up ovvertrading. Pick your spots. Link to comment Share on other sites More sharing options...
sweefraapp Posted December 11, 2002 Report Share Posted December 11, 2002 POLAR PACIFIC Link to comment Share on other sites More sharing options...
Bearman Posted December 11, 2002 Report Share Posted December 11, 2002 Ebay was hacked on news.... I myself got email from official ebay type forum talking about update on my account. The POINT I make here is all this CREDIT and DEBIT STUFF WILL BRING us down. IN GOD WE TRUST ALL OTHERS PAY CASH PLASTIC MONEY IS JUST THAT NOW WITH THAT SAID WHOOOOOOOOOOOOOOOOSH GMTFO ORDERS AWAIT<?H1> Link to comment Share on other sites More sharing options...
Guest Posted December 11, 2002 Report Share Posted December 11, 2002 They threw just about everything they had at the market the last two days and all they can show for it is +97 on the Dow. It is weak and near to empty now. Bears rule. Link to comment Share on other sites More sharing options...
seamus Posted December 11, 2002 Report Share Posted December 11, 2002 Short qqq @ 25.80 Link to comment Share on other sites More sharing options...
simple guy Posted December 11, 2002 Report Share Posted December 11, 2002 NDX I would short right now. 1036 currently will see 975 within a few days, or 5.9% drop from here. Rydex would pay me almost 12% on that trade... problem is I cant enter til 4pm. Q's should be heading down hard for a few days from here, I just checked my charts and this is what I see coming.... Swiftly too... Link to comment Share on other sites More sharing options...
Fartpolio Manager Posted December 11, 2002 Report Share Posted December 11, 2002 Stage Managers losing the handle on QCOM.. short 39.93 Link to comment Share on other sites More sharing options...
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