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rule # 0: eat nothing during a market session, blood suger makes you do stupid stuff and in case of diarrhea, your portfolio goes down the drain as well. Feast on KFC after closing bell always |
What are everyone's thoughts on the big fertilizer companies like POT, TRA, MOS and AGU in the short term (4ish months?). These companies made me a bundle in June, but have taken huge hits lately. Second thing is, what do people thing about natural gas in the coming winter months? is it worth going into natural gas stocks like CHK? |
damn making so much money these days..... not -_- |
haha shit, i caught the last 15minutes of sp500. i was long crude before the spike up, and then i flattened my position. FUCK. woulda been a nice 4grand in my pocket. |
God I love a day like this ABX went double digit increase yesterday and double today again clean up all my holdings at 9ish into Canadian dollars and puff .77->8.3 :D:D I am happy |
yes i love today as well. SP500 and crude treated me well. |
^ Good job. Just make sure you keep following the plan and you'll be a millionaire before the Olympics. |
Shit my heart is pounding like mad right now What's crazier than going ultrashort after an election? going ultrashort on margin :D:D I love the adrenalin rush, makes you want to puke and come at the same time. edit: also wants to cry and laugh at the same time, while listening to Britney Spears. |
lol I'm not on margin, but I'm on short side too DOG and DUG doing well so far, I think we have a bit of ways to go *down* Some analysts are going with $50/oil - election rally can only last so long before more grim news come out (ie. AIG burning thru $150 billion, ford/chrysler wanting more money from socialist Obama, auto unions, etc etc) |
I got out of everything just now, would have been so 5 mins earlier but FUCKING QUESTRADE has another "unscheduled website maintenance" Fuck that is IT, I am switching. |
Question for the day traders out there. Is day trading feasable for someone who can only do it a couple days a week. On the other days, I will not beable to folow up on news etc. |
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No if your planning to play with volatilite and derivatives =) Yes if you just plan to do a buy a stock, hold it for 3 days sell. thats how i got started day trading. I Bought something, held for 3 days then sold. (play with saferstocks) |
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So far it is working out, just know your stuff. |
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you DAY trade. you dont hold anything over night so there's no reason for worrying about sudden moves over night. |
Shit I got out too early and made 8% less than I would have. I hate feelings like this |
Stocks plunge as investors ponder Obama presidency Stocks plunge as anxious investors ponder impact of Obama presidency on business, economy NEW YORK (AP) -- A case of postelection nerves sent Wall Street plunging Wednesday as investors absorbed a stream of bad economic news and wondered how a Barack Obama presidency will help the country weather a possibly severe recession. Volatility returned to the market, with the Dow Jones industrials falling nearly 500 points and all the major indexes tumbling more than 5 percent. The market was expected to give back some gains after a six-day runup that lifted the Standard & Poor's 500 index more than 18 percent. But investors lost their recent confidence about the economy and began dumping stocks again; light volume helped exaggerate the price swings. "The market has really gotten ahead of itself, and falsely priced in that this recession wasn't going to be as prolonged as thought," said Ryan Larson, head of equity trading at Voyageur Asset Management, a subsidiary of RBC Dain Rauscher. ____________ Case in point, didn't we have an "Election Rally" yesterday? Didn't someone say election rally would last 60 days following? NEWS CHANGE EVERYDAY. There is so much media out there, no one cares about accountability of what they say. "Oh oops I made a bad call on Bear Sterns" - Jim Cramer Ouch - I hope you're not those people who buys what he says to buy on the show - cuz you would've lost 95% if not more the same week! I agree with Ulic - too much pop media = you lose your senses of direction. Not asking for you to be completely clueless and thinking Jeremy Clarkson is your prime minister, but trust your instincts, macroeconomics, indicators, and overall fundamentals. |
^ I thought the saying was "market shows a positive side within 60 days time frame of an election", not 60 days always up? And come on, just admit you guys have a recession already, you know it, I know it, stop using "possible" already, Americans lol |
I'm curious how you guys know which stocks to watch, how you pick them out? |
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:D and finance.yahoo.com, after picking an industry that you can stand spending hundreds of hours reading and studying. |
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Here's what I've been doing that's been working for me so far. I dunno if it works or if it's pure luck. I've been keeping an eye on the daily biggest losers. If the company looks sound, chart looks good and I can't see any reason why their stock is that low then I buy and hold for a while. |
If anyone is reading, I believe there is a triple top right now on DOW throw in the G 3 billion loss and textbook bear market rally, GET OUT NOW if you are in it |
say you have $100 (just to make it easier), what would you buy in the next big hit? before i get into the market, i would like to see other people's views my list: 20% AIG (just because it's so cheap) 20% AAPL 20% PCZ 20% MA 20% MS, BAC, or JPM i know they are all from DOW but what are some good or examples of TSX stocks? are they worth it? |
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