Wow... three in a row?

lb19984 said: "its 1:16 now so i dont know how the day is gonna end but i finally made some money!!!!!!! day trading though... EBAY!!!!! up 6% made $50 on 3 trades YAY!!!!!!!!!!!!! finally.... if this day does end up again i think tommorow is gonna be another rally... oil isnt gonna go any higher or shouldnt anyways.... i think i wanna sell all my medium and lingterm holds tommorow i have a feeling in the comming days or weeks the market is gonna slump and i am gonna be able to get em back at a lower price suggestions? :D"

JAP said: "Another rally? I wouldn't count on it. The market tested many resistance levels, then pulled back. I predict today will either be down or break even."

Harry said: "Look for opportunities not levered on the rally. They still exist. I got LUCKY today myself. My EZM stock sold on a "trailing sell" order at 2.82. I set a rediclous limit (re) BUY at 2.72 and [U]it hit[/U]! :eek: BULLEYES! If it can manage past 2.82 again I'll set another trailing stop in case it decides to fly much higher which I expect if analysts ever show up with the expected BUY or STRONG BUY rating. :cool:"

lil dickie said: "Way to go man. Take that $50 and get yourself a celebratory pizza!"

lb19984 said: "haha i only had $400 in it so thats 12% which isnt all that bad:D and the pizza was delicious"

lb19984 said: "[QUOTE=Harry] I got LUCKY today myself. My EZM stock sold on a "trailing sell" order at 2.82. I set a rediclous limit (re) BUY at 2.72 and [U]it hit[/U]! :eek: BULLEYES! [/QUOTE] VERY NICE!!!!!! i bought mine at 2.76 so im still okay"

thezster said: "[QUOTE=Harry] My EZM stock sold on a "trailing sell" order at 2.82. I set a rediclous limit (re) BUY at 2.72 and [U]it hit[/U]! :eek: BULLEYES! [/QUOTE] Geez... and I thought I was working off slim margins. :eek: Good for you :) - and, yes, I do recognize that $0.10 on a $3.00 stock is the same as a $1.00 spread on a $30.00 stock - which I'll take any day. ;)"

bearNbull said: "Just curious,. What's everybodys average winnings when we have a good bull on the big board. I don't mean on paper but actual take. :)"

dumaman said: "thats a super broad question dont ya think? Im sure most of us take our profits and dump em back into our stocks too make more profits, me, ill take a grand off the table from time too time and hit the stores or treat the lady too a night out..on a good bull run that is.."

drdan said: "I also would not count on a rally. If you look at the DOW and the S&P 500 they are forming a Rising Wedge Pattern which is a bearish sign especially after a Bear drop in May to June. Also volume has decreased since this wedge has been forming, which is confirmation of the pattern. Volume may just be because of the summer volume slump, but it is still slumping. If this pattern continues to form look out BEAR market for as long as it took to form the wedge. I hope the DOW breaks 11,450 and holds for a few days to break us out of this pattern."

Rickster said: "This week and last week was just a hedge being unwound. It was a little more dramatic than usual because of low liquiditiy (as is typical in the summer)."

dumaman said: "hmm? what do you mean watson? im still new too the world of investing.. are you talking about options? explain.. thank you :)"

Rickster said: "No problem. Just look back to this thread from the last expiration. :D Funny how history repeats itself. Only last time, the upside was first. [url]http://www.superiorinvestor.net/thread3305.html[/url]"

dumaman said: "Intresting post, sounds like you been in the game for some time! Think its time to go cash?"

Rickster said: "Here is a chart that will help you see the what I am talking about. [url]http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=djia&sid=1643&o_symb=djia&freq=7&time=18[/url] Notice the V shaped ramp down and back up over the last 2 weeks? The ramp down was ratty because it was impacted by a lot of news events last week. I didn't recognize it as a ramp at that time. It didn't even show up in the Naz [url]http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=nasdaq&sid=3291&o_symb=nasdaq&freq=7&time=18[/url] and was weak in the S&P 500. The hedge appears to have been on the DJI. On the other hand, this weeks ramp was obvious. Straight lines like that dont happen naturally. Also notice that the V ended higher than it started. That means the underlying trend (with the hedge factored out) was upward. A bullish sign. My stock account is 100% in stocks (no cash) on long pull stocks. But my stock account only amounts to 10% of my investments. So normal stock market ups and downs dont get me very excited. What you should do depends on so many personal factors that I cant give you good advice. For example, you now know that I am all in. So you decide to go all in too. But lets say that tomorrow I get cold feet and jump out, without you knowing it. How would that be? That is why you have to decide everything for yourself. And, being a mere mortal, I can only see the past, not the future."

bearNbull said: "[FONT="Century Gothic"][B][I]And, being a mere mortal, I can only see the past, not the future.[/I][/B][/FONT] Don't I wish. I only need 10 seconds of the future and I'll be a very rich man.:D"

JAP said: "[QUOTE=Rickster] My stock account is 100% in stocks (no cash) on long pull stocks. But my stock account only amounts to 10% of my investments. [/QUOTE] Is this some type of oxymoron? :D"

Rickster said: "Oxy what? :D Hey, Its worse than that. I just did the math. Stocks 5% Fixed interest 50% Real estate 40% (not including home) Commodities 5% Other 10% (airplane, guns ...) The stock account varies from all cash to all stocks. It is now all stocks."

thezster said: "[QUOTE=Rickster] Other 10% (airplane, guns ...) The stock account varies from all cash to all stocks. It is now all stocks.[/QUOTE] Oh yeah - those are great investments... :confused: But honey - it really is a good idea.... some day it will be worth some real $$. ;)"

Rickster said: "ROFLMAO. Sounds like you know the routine. :) Oddly enough, she encourages me to buy guns. She sees it as a savings plan. But hey, here is the way I look at it. Some people have hobbies like new boats, motorcycles, cars, beer and so forth that do nothing but lose money (and fast). Others collect whacky stuff like beanie babies and longerbooger baskets. I try to pick hobbies based on assets that at least hold their own with inflation. But that is about all guns and airplanes do (not counting ammo and fuel of course. We dont talk about that)."