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Old 05-09-2008, 03:42 PM   #1
BacDoc
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Default Day Traders Club (2)

Someone help me blow about a $1000 or so. Always wanted to day trade and I set up an E*Trade account and I'm all set.

First thread: http://forums.nasioc.com/forums/show....php?t=1512950
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Last edited by rogue; 05-19-2010 at 06:58 AM.
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Old 05-18-2010, 01:53 PM   #2
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Originally Posted by pizdets View Post
anyone get out of HFBG that was holding on after that sharp dip from .02 to .01.....I was in the middle east got wifi on the street on accident and managed to break even and rid myself of that dam stock and then I saw it fell again
I'm still stuck with it
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Old 05-18-2010, 02:10 PM   #3
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I've averaged on HFBG pretty well, i'm currently only down a few bucks (bought @ .0024 originally)

FSLR is floating around $110. That's just asking to be bought. Look at the chart, it's just so juicy. Waiting to get in tomorrow depending on the action; maybe even today.
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Old 05-18-2010, 02:19 PM   #4
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I know there was a lot of talking about SPNG weeks prior, hope no ones still in with that load of ****.
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Old 05-18-2010, 02:20 PM   #5
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I know there was a lot of talking about SPNG weeks prior, hope no ones still in with that load of ****.
Indicted (sp?), i think most people were out. I had like $80 worth about a week before hand and had to get a special trade order from ST to get rid of it ($25 - direct broker) and did. thanks for the $55.
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Old 05-18-2010, 04:39 PM   #6
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I bought some FTCH today at .02

I sold some MYFT today - Still holding over half for .24
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Old 05-18-2010, 06:37 PM   #7
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The end of BOUNCE plays? That sucks..

SEC to impose circuit breakers on all U.S. trading networks; trigger is 10% stock drop

http://www.marketwatch.com/story/sec...80?siteid=bnbh
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Old 05-18-2010, 10:52 PM   #8
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The long-term investors thread is locked so I'll mention something in here...Broad markets stink big time! I put my parents in 80% bonds 20% equities on Monday. I actually think something like 100% bonds is the safest way to go for the time being but.

As long as the Euro is declining global stocks will also decline. Currencies like the Japanese Yen and the Australian Dollar are about to get smattered along with the Euro.
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Old 05-18-2010, 11:05 PM   #9
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that's stupid. literally.
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Old 05-18-2010, 11:07 PM   #10
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Go buy the USD then lol :P. broader markets suck, but you can still find good trades. investors should become traders, cash is king.

lol and if you think the market sucks, but bear ETFs
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Old 05-18-2010, 11:09 PM   #11
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that's stupid. literally.
If you're talking about the SEC ban.. hell yeah its retarded. god. They make it seem like when you're "investing" you'll make money.
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Old 05-19-2010, 12:25 AM   #12
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I should have noticed the significance of this earlier, but... my most recent StockTwits post: 1220 S&P was 61.8% "golden ratio" retracement from '09 lows to '07 highs. 1135 was important to stay afloat. Bearish until further notice.


Why is the Golden Ratio so important you ask?
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Take honeybees, for example. If you divide the female bees by the male bees in any given hive, you will get 1.618. Sunflowers, which have opposing spirals of seeds, have a 1.618 ratio between the diameters of each rotation. This same ratio can be seen in relationships between different components throughout nature.

Still don't believe it? Need something that's easily measured? Try measuring from your shoulder to your fingertips, and then divide this number by the length from your elbow to your fingertips. Or try measuring from your head to your feet, and divide that by the length from your belly button to your feet. Are the results the same? Somewhere in the area of 1.618? The golden ratio is seemingly unavoidable.

But that doesn't mean that it works in finance***8230; does it? Actually, the markets have the very same mathematical base as these natural phenomena.
I remember CNBC's Steve Grasso mentioning somewhat recently that he would be comfortable getting back into the markets if the S&P could close above 1220 consistently. He's always seemed to have broad market sense.
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Old 05-19-2010, 12:28 AM   #13
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Markets do not have a mathematical base. Stop spreading this bull****. You simply cannot calculate the future, no matter how much historical data.
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Old 05-19-2010, 01:53 AM   #14
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Quote:
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Markets do not have a mathematical base. Stop spreading this bull****. You simply cannot calculate the future, no matter how much historical data.
Go read a book. Stop coming into this thread. I'm getting sick of your non-contribution.
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Old 05-19-2010, 02:35 AM   #15
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Does the SEC thing reguate OTB and Pinksheets Too? Penny Stocks can swing 30percent daily so like ? what happens there?
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Old 05-19-2010, 07:20 AM   #16
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What the **** is goin' on in here?!
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Old 05-19-2010, 07:22 AM   #17
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Does the SEC thing reguate OTB and Pinksheets Too? Penny Stocks can swing 30percent daily so like ? what happens there?
lol.. SEC is like.. what are OTC and PK stocks? Always been the case.

But I love me some bounce plays from an FDA rejection or a bad quarter.
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Old 05-19-2010, 07:29 AM   #18
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What the **** is goin' on in here?!
Thread got too big.
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Old 05-19-2010, 07:37 AM   #19
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I bought some FTCH today at .02

I sold some MYFT today - Still holding over half for .24
FTCH looks very promising at the moment.

From The Penny Bull...

NEW PICK-FTCH...

May 18, 2010

We have an exciting new play for you all! F-3 Technologies, Inc (FTCH) is primed for some major green! FTCH closed the day up 10% at .021 with just over 150,000 shares traded. Also, FTCH will be rolling out very exciting products and and will have plenty of news to get the stock price going in the upward direction. The authorized share count is only 200,000,000 and the float is around 33 million. There will be a webinar on the 19th at 2 PM EDT.
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Old 05-19-2010, 07:41 AM   #20
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futures are really low this morning. not glad i pulled the trigger on FSLR yesterday, but damn is it a bargain right now. Anyone looking long term would definitely do well picking them up. the shares are almost 50% lower than March of 2009.
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Old 05-19-2010, 10:18 AM   #21
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Can anyone tell me why GOOG is going down sharply?
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Old 05-19-2010, 10:21 AM   #22
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Can anyone tell me why GOOG is going down sharply?
because the chart indicators says so. same with aapl
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Old 05-19-2010, 10:23 AM   #23
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because the chart indicators says so. same with aapl
thanks for clearing that up!
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Old 05-19-2010, 10:25 AM   #24
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thanks for clearing that up!
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Old 05-19-2010, 12:02 PM   #25
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thanks for clearing that up!
but really, unless there is shocking news that will drive the price up, trade the trend and the trend is down.
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