what are you people investing in?

whodamen123 said: "Hello everyone, just wanted to know what you people are investing in and what you think why its a good investment. I'm investing in OBDP.PK becuase its getting bigger everyday they franchize stores across the US and thire partners of ebay and also this stock already went up to $1.25 before I'm just waiting for the roller coaster to go up again becusae I belive in this company and its so far the olny penny stock under $1 I like what do you think? and what stocks are you investing?"

Airelon said: "Not much at the moment. Was interested in buying a few (LTON, ECLG, ARMHY, LUM, PBNY) but just worried the markets overall might have the possibility of a small downturn over the next few months. No one can predict the future and I'd be a fool to try, but my model calls for me backing of for a bit and caution. And if it's one thing I've learned over the years - is to ALWAYS, ALWAYS follow my preestablished model, and never break my own rules. First few years of trading taught me those lessons. Basically, I'm a swing trader (I average 4 days per trade) that trades because of fundamentals, and enter and exit on a technical system I developed about 4 years ago."

whodamen123 said: "[QUOTE=Dan]Not much at the moment. Was interested in buying a few (LTON, ECLG, ARMHY, LUM, PBNY) but just worried the markets overall might have the possibility of a small downturn over the next few months. No one can predict the future and I'd be a fool to try, but my model calls for me backing of for a bit and caution. And if it's one thing I've learned over the years - is to ALWAYS, ALWAYS follow my preestablished model, and never break my own rules. First few years of trading taught me those lessons. Basically, I'm a swing trader (I average 4 days per trade) that trades because of fundamentals, and enter and exit on a technical system I developed about 4 years ago.[/QUOTE] these stocks that your looking in to looks great becuase they are the good prices just you need to see whats thire low and high so you buy when its low and sell at high and theyre future looks great for buying at low and waiting a week becuase they should go up. "anyone else want to talk lets make this post a good one to sheare info and seeing whats stocks people are thinking of""

Airelon said: "Not sure if I understand completely, but I take it you mean their 52 week trading range? Well, I'm basically a swing trader. It fits my personality. I like to be in and out of a trade in 4 days. When it comes to trading ranges I have learned the hard way that the market can do, whatever the market is going to do. It can be at it's 52 week highs, and then add another 50% ontop of the current trading price. I like to buy on trends, as they generally continue if all the fundamentals look good. I understand the reasoning and agree at times with looking at ranges (as I'll soon mention), but to me, that's a small part of it. (again, as I'll soon mention). First, the downside of those trades. If you check out the indices (DOW, S&P and the like) - technically they are testing a range right now, and I'm just uncomfortable entering any trades at the moment (atm) due to this. It may break through the range. It may head down. It is impossible for any trader to predict the future ("[I]Now's the time to sell"[/I] or "[I]now's the time to buy[/I]"). But you can see when the "gears of the market" grind a bit. Have you ever heard someone grind the gears in a car? The market can be like that when it comes to testing resistance and support. It can "grind". The driver of the car may shift up, and he may shift down. We're just in the back seat, so we're not sure what he'll do. We just have to wait and see because we don't know the future. It's the same with the markets. When the market overall "grinds" against support and resistance, metaphorically speaking, I like to see what "gear" (bull or bear) the "drivers" of the "car" (the market) are going to put it in. I wait until the grinding is over. As to why I as a swing trader would look at those trades. (THESE ARE NOT RECOMMENDATIONS - AS I stated, I'm looking to stay on the sidelines at the moment). The beta is about where "I" like it. As is the P/E's of the last year until now. The risk / reward looks nice (very important). They have a good valuation grade. Just overall good fundie's. That's sort of what I look at, the general overall picture. Then there is the technical (secondary to the primary of the fundies). As I said, I'm a swing trader. As such, the trend is up, since about May of this year. We have some dips (buying opportunities). For entrances on these dips I use a little tool I developed. I combine Larry Williams 1.28 rule with Prime Lines, then a basic swing entrance (previous days HH) and W%R. If ALL of those factors line up, then I will enter. If they don't all come together on about the same day, I step aside of the trade, or let it pass. But as I said, I'm just not comfortable with the market overall at the moment to trade. I like to look at trading and picking a good stock like fishing and catching a nice fish. Everyone has their own style. And sometimes you have to look out your window in the morning and figure: "It's a bad day for fishing, so I'm just going to save my gas money and stay inside" When it comes to trading, that saves a lot of money when it comes to trading, "just for the thrill of the trade""

HappyHarry said: "I am mostly in cash right now."