and the only thing that worked was
selling the peaks and buying the dips. . . and if I didn't get out at the high, so what? . .
.and if I missed buying in at the exact low. . .no problem. . .over time, it still counted
towards gains. . . and isn't that all that matters?
Rande
This is what I been saying for a while..Buy when the shorts take
them down low and sell on the upside...
Get to know your stock,
get to know it's pattern, know how it reacts to news, know how
it reacts after news. You can play one stock over and over and
over....Watch for a break in the pattern, watch for new highs
and most of all watch the vol and if you can watch time and sales.
Have a general plan and be ready to modify it...Like shift on the
fly 4W drive..Trading the high and low,,,That is hard, but you can
come close to it....Emotion...you have to get rid of them...And
most important is to be patient...let the stock come to you..
Don't chase it..If you don't get the stock today maybe the next day
or day after that or maybe not this time....If you chase it, you
loose control of your senses. You are in a world that you don't
belong in. Its like what I'm I doing,,it's running away and I'm buying
a lot higher then I wanted to and now I bought it and it is dropping
past my entry point,,,Oh what to do,,,do I sell or hold,,,You know
what happens.....you loose money and feel like an idiot...cause you
should know better if you pay attention to this thread....There are
many days that I just sit here and make no trades, just watching
the whole picture, watching T&S on stocks...]
Exmple,,,Like last week when.........
I saw those very large buys on AKLM. I was just watching...But that
told me that some very big money was coming in and some one else
was believing in its potential....So I'm not worried about it.
As a matter of fact I think that AKLM is a good candidate for a SAM.
We have not had a new SAM for a while and this thread is known for
its SAM stocks.,,,Beaten down because of 1 cent earnings instead
of 15 cents the street wanted...Well most of us know the story
behind the stock and that is what counts the most. I leave that
to our Captain to decide......
Anyway back to trading ideas....
I like the smaller stocks and Randy and others like the larger
more pricey stocks but I also like the larger ones for LT holds..But
I usually don't trade them...This is what make this thread so great.
We have all different kinds of trading ideas and we talk about them
at times. Carp, American Spirt and others have some great picks and
I do play them some times but I like our SAMs the best.I like the
stories and the long term expectations. You just have to hold a core.
The information that is put out on this thread is unreal..So many
good people here and so much time invested by them. HOW CAN YOU NOT
COME OUT A WINNER HERE!!!
Some that look real interesting this week if market conditions are good.
HEAR,,good news and keeps going lower,,,,I'm ready for a big bounce..
cls 18,,down from mid 30's in Jan..has not made a bottom yet but
might be close...shorts should be getting concerned........
BDE,,new site opening the end of this month....This story is just
getting better..More people coming on board....cls 5 1/2...
XYBR,,,,we need some solid news,,,cls 13 11/16...more articles
showing up in mags and on line like I said would happen from exposure
at shows....still might have more down side to go but will act
quickly when it moves...(I'm waiting and ready)
Corl,,,I'm with Randy on this one...15 3/4...looking for entry on Tues
SRGE...bought 2 positions so far and will hold off to see if it goes
lower,,,,LT hold on this one....
TTWO,,,great play from 12 to 14 for 1 to 2 points....near buy price
now....again get to know pattern.....but be flexible...
LTWO,,,,,looks like it made a bottom and 6 seems to be good price, bought Fri,,, a little co that should move up....
AKLM,,,,anything under 3 5/16 great price to buy a few thousand
shares an sell in the high 3s,, until it breaks out....but don't
trade core,,,you don't want to be chasing it...
RDOC,,,,our new old SAM,,,,nice slow steady movement,,,Posters
here say "wish I could get in on ground floor of a SAM",,need
I say more,,,
Well I had some good sleep and am running on....
"I look forward to hearing how others have found ways of making extra profits from the
volatility in our long holdings. I know all about the pennys that are being played one by
one. . . but rather am interested in how others are successfully playing our large and
mid-cap long-termers."
Maybe Carp, Bob( I would sure like to hear how you handle 92 stocks,,wow) or some one else could go on from here...
Banchee
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