I will be deploying casino positions in my long-term accounts. Charts on all timeframes are telling me that a longer-term holding is the best way to capture the majority of the upside. Take a look at the 10-month and 3-year charts of MGM, LVS, and WYNN.
good stuff General Gint
do you have a favorite in the sector? charts look interesting
you’re neglecting MPEL… Macau is the place to be if you’re betting on an economic recovery/Chinese gambling/technical analysis
PNK on a pullback wouldn’t be too bad either
Bought $CPE 4.83/84
Sold $CPE 4.86
Bought $JAZZ small 12.65
closed $JAZZ 12.63 brb a sec
Here, here! MGM to the moon.
Bought $ZION 23.649
moving $zion over to swing acct
CA – what is the swing acct? how it different? thanks
multi-day holding acct
thoughts on $end ?
CA – how do you pick the stop for your swing trades?
Casino conference going on right now….WYNN speaking tonight after close MGM tomm
Bought $TEVA 62.63
Sold $TEVA 62.35
xra at 9.26
Bought 3k 5.2299/24 SOMX
Sold 1/4 at 7.82 and other 1/4 7.43 $SOMX . good game
http://twitpic.com/19cklf
SOMX trade entries and exits
well played
nice trade, too right about only seconds to act… I tried to buy as well but I was messing around with limit orders instead of just hitting the market order when it opened around 5 and it shot up to 6, then 7 before I got started :[
holy shit am I glad I didn’t try to pick the bottom in nat gas
good luck to those who caught the SOMX news
LVLT imminent 18 month breakout
swing short tsl at 20.89,8
MGM is the best ot of the bunch. However, no way would I consider buying these here. No rush. Really.