chetron
2,817 posts
msg #61570
- Ignore chetron |
4/17/2008 9:21:17 PM
clickable...
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johnpaulca
12,036 posts
msg #61586
- Ignore johnpaulca |
4/18/2008 11:03:31 AM
All you guys that were laughing at me when I bought GOOG at $477 well its trading at $532 this morning....thats $55/share folks....I will have to take my wife out to dinner tonight...somewhere really nice...cheers.
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ctrout
122 posts
msg #61610
- Ignore ctrout
modified |
4/19/2008 2:47:20 AM
JP, Good Job. I bot a couple of calls at 455 bofore the close. However, I lost some back on the puts I had on the Ags. I'm done trying to find a top. Those things just won't stop. Did you get out of your CF short yet?
It seems when everybody leans one way get ready to go the other. Goog had a rough couple of days after you bot it. What I liked the candle off support on 4-16. I got to admit that I was nervous on that volume selloff on 4-17. I too was surprised you bot it when you did. It was trying to close the gap from 2-25 and that candle was signaling a top. A win is a win though. By the way I enjoy your posts.
Picked up some JLL and BA on the 18th. Targeting 87 and 82, repectively.
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johnpaulca
12,036 posts
msg #61617
- Ignore johnpaulca
modified |
4/19/2008 12:57:47 PM
ctrout....It was pure stupidity when I shorted CF, I recognized this mistake and went long. I sold this week at about 151, too parabolic for me. I sold POT about $200, these stocks are now very expensive..pot is about 40X earnings...yikes. I sold my gold on Wednesday during the rally and bought back yesterday after they gapped down. I am still holding lots of TWM...my spider senses tells me we are heading down shortly...cheers.
BA...I heard some negative news on it, Its clearly in a downtrend.
JLL...sentiment is changing on this but I would be very cautious on the financial sector....goodluck on both bro.
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TheRumpledOne
6,529 posts
msg #61619
- Ignore TheRumpledOne
modified |
4/19/2008 1:57:57 PM
johnpaulca
All you guys that were laughing at me when I bought GOOG at $477 well its trading at $532 this morning....thats $55/share folks....I will have to take my wife out to dinner tonight...somewhere really nice...cheers.
======================================================
I wasn't laughing at you, JP.
I said GOOG was showing NEGATIVE DIVERGENCE.
GOOG went up and you got your chance to take profit. Bully for you.
But, the rest of the story...
Since I posted that, GOOG fell to below $450 meaning NEG DIV proved out once again.
But like I also said. ANYTHING CAN HAPPEN and that's why you have to TRADE!
Hope you enjoyed dinner.
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ctrout
122 posts
msg #61637
- Ignore ctrout |
4/20/2008 5:19:06 PM
JP, With regards to BA and JLL I 'm just a chart guy. PE, Cash Flows, etc. just don't matter as much to those with a short term perspective. I'll sell them both before earnings. BTW, Once I am profitable a few % on a trade (BA, JLL), I move the stop to breakeven as I hate turning a winner into a loser. This way I can buy it back cheaper if I still like it. I am long the SRS (Ultra Short REIT) for a bit longer term play.
I too like to trade the IWM, UWM, and TWM. I have a shorter term horizon than most swing traders. Many times just trade the $RUT and $NDX options based on Fibonacci retracements. Since I am in and out within a few hours to a few days there is little time decay. I Jumped on them right when GOOG reported. Through Interactive Brokers you could trade the index options 15 minutes after the close.
Good luck on the TWM
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ham1198
174 posts
msg #61655
- Ignore ham1198 |
4/21/2008 10:01:45 AM
....keeping an eye on OFG, again. if it gets down to 19$ today or tomorrow, i'm back in. my guess is tomorrow.
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johnpaulca
12,036 posts
msg #61663
- Ignore johnpaulca
modified |
4/21/2008 1:24:18 PM
Booya is spewing out health care, drugs, leisure and tech stocks. I think we are in for a haircut. Commodities are long in the tooth...be careful, tighten your stops.
Longs:
WFR...75.25...hit stop@74.50(-1%)
PSYS...33
LH...76.25
TWM...74.85 (averaging down)
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TheRumpledOne
6,529 posts
msg #61666
- Ignore TheRumpledOne
modified |
4/21/2008 3:06:05 PM
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ctrout
122 posts
msg #61667
- Ignore ctrout |
4/21/2008 3:06:08 PM
JP, Searched for your Booya Filter but couldn't find. Could you post it in this thread.
Thanks,
C Trout
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