Yes brothers and sisters, rumors of my death have been greatly exaggerated.
I haven't made it through all the posts yet, but I want you to know that I didn't have any real feel for the last few weeks on INTC. Therefore, I didn't want to add anything that would be other than mere speculation.
Someone said that I'm a daytrader, and this is true (at least I attempt to be a trader). I've been busy on IRC at #daytraders. The nick is itrader there. I've been working with two traders in Dallas whom I visited recently. I've learned a lot recently. You (esp Steve) may be interested in the Gap Theory for daytrading. I'd suggest that you research it and if/when you get the confidence, trade with it. I'm still getting my feet wet there.
On this end I'm also studying how to best use ARCA, ECNs and so forth, still getting my feet wet there. It used to take an avg of 7 minutes to get in/out of a stock, and with the system I'm looking at it would be closer to 10 seconds total with confirmation in many cases. I plan on going forward with it over the next few weeks. It should add a 10X change for the positive.
I'm not taking any Viagra here, if anything, I need the antidote to it. Way too much drive heheheh, and that's the honest truth -- What do I do Dr. Janko?!
I hope every body had a nice Easter holiday. At the moment I'm under water with CPQ (29 1/2 and CPRO 4 3/8), but only 30% of portfolio -- comfortable holding both.
You may have covered this in prev posts, but here is my 2 centavos: The market leaders have begun trending down over the last couple of weeks, and some are going sideways. The last time this happened, the market corrected going into October.
Hope you all had a great Easter, and don't be totally against pulling that short trigger when the time comes. Be careful though, I got burnt on a short on MANU -- down 6 points on a very small trade so the damage wasn't too bad.
Regards,
it (just plain old it)
A little more from A Cowboy's Guide to Life:
If you get to thinkin'
you're a person
of some influence,
try orderin' somebody
else's dog around.
grrrrr hehe |
