get long.
I sold off all my heges and am 100% long right here.
Current open positions: AAPL, GOOG, DXO, FAS, ENER, & JASO
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Joined Jan 27, 2008
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Watching simple EMA(10) on 15 minute bars played out well. Lost a quick buck on BGZ during the market’s confusion between 11:45am and 1:30pm, but was able to time BGU nicely.
Could be a set up
Bought some T-N-A.
RC,looks ur taking high risk in this levels……im still holding SRS…
Right behind you
Cage–
Careful here. I’m looking at my breakout filter and it’s a rag-tag group of stocks breaking out. No real leaders. Plus it’s about split down the middle, 50/50 up and down.
This might not last.
Maelstrom & Ring, it’s possible. However should we sell of today, we may never see 8,000 again.
So with that in mind, i will give the long side one more try.
With a late day sell off I will jump back in SRS, FAZ, & FXP and never look back.
__________
Good looking out Alpha
What % cash are you still sitting on? This is a big move.
Dumped TNA for a 20 cents, BAC at new lows got to be careful here.
Still have 50%cash
all the money from real estate, CDOS, CMBS and all other funds that were diverted out of the US market the past eight years, plus all the money that flew to overseas stock markets might just come back home to the US market and create a strong new bull market. That’s my take and hope. Good luck.
TBT nice break out ..got it…out from SRS
I saw a nice inverse H & S/ triple botom on ENER’s daily. Wish I had some skin in the game, just funded my account waiting for it to clear…
wow,
BAX breaks $60
You will get clown raped tomorrow with your longs.
Wave 3 down is coming…….
The Elliott waves are nice and pretty for looking at historical trends, sure. But NO ONE can make heads or tails if wave 3 or D or 5 is coming, just happened, or will be here next month. Sure, I went long today at 2pm, but cashed out at 3:45. For the last week I haven’t bought a stock before 9:45am, and won’t hold them after 3:45pm.