24 unique view(s)
Discuss current stocks, trades, and anything else on a day-to-day basis here...
pftq (Official) says in Stocks Daily Discussion...
I'm basically using NZD/USD as an indicator for the market right now haha It's worked pretty well.
Got into FAS calls at $11.60. There was a bit of a sell-off but we held pretty well. Right now hourly MACD is about to cross on NZD/USD; needs to be stronger though. MACD on the market indices are a little further from crossing. Of course, this all means nothing if they don't actually end up crossing.
Got into FAS calls at $11.60. There was a bit of a sell-off but we held pretty well. Right now hourly MACD is about to cross on NZD/USD; needs to be stronger though. MACD on the market indices are a little further from crossing. Of course, this all means nothing if they don't actually end up crossing.
24 unique view(s)
October 7th, 2011
pftq (Official) says in Stocks Daily Discussion...
Entered a day early but whatever. Market down 50pts already and it's not even lunch time yet.
24 unique view(s)
October 6th, 2011
pftq (Official) says in Stocks Daily Discussion...
Entering FAZ a bit here at height of day, S&P at 1160. Seems like resistance should be around here based on daily chart.
Will enter more when I see an actual sell off but it's just a safe entry point for now.
Will enter more when I see an actual sell off but it's just a safe entry point for now.
24 unique view(s)
October 5th, 2011
pftq (Official) says in Stocks Daily Discussion...
Wow so much news today:
- Microsoft officially planning to bid for Yahoo.
- Steve Jobs has passed away.
- The hacking group "Anonymous" plans to erase the NYSE exchange on Oct.10
Probably want to short end of Thursday or Friday going into the scare. NYSE is just one exchange; it is not the entire stock market.
- Microsoft officially planning to bid for Yahoo.
- Steve Jobs has passed away.
- The hacking group "Anonymous" plans to erase the NYSE exchange on Oct.10
Probably want to short end of Thursday or Friday going into the scare. NYSE is just one exchange; it is not the entire stock market.
24 unique view(s)
October 4th, 2011
pftq (Official) says in Stocks Daily Discussion...
Market bouncing back a bit - into FAS at $9.
pftq (Official) says in Stocks Daily Discussion...
k stopped out at a few % after the rally topped. I guess no more crazy reversals here - looks like we're finally in an actual bear market.
24 unique view(s)
October 3rd, 2011
pftq (Official) says in Stocks Daily Discussion...
Kodak back above $1.40 just for denying bankruptcy.
pftq (Official) says in Stocks Daily Discussion...
Into FAS at $9.50; expecting short covering like every Monday so far.
pftq (Official) says in Stocks Daily Discussion...
CLWR spiking on high volume. Don't see news but someone is pouring a lot of money in.
25 unique view(s)
September 30th, 2011
pftq (Official) says in Stocks Daily Discussion...
Bounce play on Kodak after it crashed. In at .75
25 unique view(s)
September 29th, 2011
pftq (Official) says in Stocks Daily Discussion...
Small runup today but headed back down again. Maybe I should start going long in the mornings and then short after 1 hour.
Also an interesting chart - we basically bounced off of the next support yesterday after breaking the first.
Also an interesting chart - we basically bounced off of the next support yesterday after breaking the first.
pftq (Official) says in Stocks Daily Discussion...
Hate to say this but I'm hoping we break this support here. Then we'll be in freefall.
25 unique view(s)
September 28th, 2011
pftq (Official) says in Stocks Daily Discussion...
Watching these two trendlines here on the DOW. Will get out of FAZ depending on which breaks.
25 unique view(s)
September 27th, 2011
pftq (Official) says in Stocks Daily Discussion...
Break of $3.20 on S
pftq (Official) says in Stocks Daily Discussion...
Nvm market just started selling off. Out of all long positions and into FAZ instead.
25 unique view(s)
September 26th, 2011
pftq (Official) says in Stocks Daily Discussion...
Into MWWC at .025
26 unique view(s)
September 23rd, 2011
pftq (Official) says in Stocks Daily Discussion...
Went long today on FAS expecting a bounce. Got out near high at end of day.
Some other stocks in play:
CLWR and S on possible buyout from Dish Network (but only one will get bought)
KGN - Just way oversold because silver is down
HGSI - Running up solidly during a downmarket
Some other stocks in play:
CLWR and S on possible buyout from Dish Network (but only one will get bought)
KGN - Just way oversold because silver is down
HGSI - Running up solidly during a downmarket
26 unique view(s)
September 22nd, 2011
pftq (Official) says in Stocks Daily Discussion...
Bahaha Dow down 360 points - glad I held FAZ (3x short ETF) overnight.
On the other hand.... we just broke support on the DOW. Hm - either we bounce back hard tomorrow (and close today with a reversal candle, long wick, something) or it's down days from here.
On the other hand.... we just broke support on the DOW. Hm - either we bounce back hard tomorrow (and close today with a reversal candle, long wick, something) or it's down days from here.
22 unique view(s)
September 21st, 2011
pftq (Official) says in Stocks Daily Discussion...
EAPH about to run. Just got in at .10
pftq (Official) says in Stocks Daily Discussion...
Back into FAZ again - looks like we got a knife down from the Fed meeting, so I'm going bearish again until we hit major support (probably the same support the DOW has bounced off about 4 times now in 2 months).
pftq (Official) says in Stocks Daily Discussion...
Jumped 20000 places today in the CNBC contest. Only 200 more to go.
If only I knew how to follow currencies too; then that part of my portfolio wouldn't be dragging me back.
If only I knew how to follow currencies too; then that part of my portfolio wouldn't be dragging me back.
22 unique view(s)
September 20th, 2011
pftq (Official) says in Stocks Daily Discussion...
Nice chart on AAGC. Just be careful for any sell off as it takes little volume to move it.
22 unique view(s)
September 19th, 2011
pftq (Official) says in Stocks Daily Discussion...
Contest is a bit buggy - not super high on my priority because the server keeps crashing.
Meanwhile, into FAS at $12.78
Meanwhile, into FAS at $12.78
pftq (Official) says in Stocks Daily Discussion...
Break of $15 on OPTR
22 unique view(s)
September 16th, 2011
pftq (Official) says in Stocks Daily Discussion...
Into FDMF a bit at .0078 (couldn't fill lower). Momentum is strong on this one, at least for a few minutes.
pftq (Official) says in Stocks Daily Discussion...
GHLV is slowly building up. Might be worth getting in .015.
pftq (Official) says in Stocks Daily Discussion...
CNBC is having a Virtual Stock Trading competition here with a real $1M 1st place prize:
http://milliondollar.cnbc.com/
Doesn't hurt to try it out. Let me know if you want to work together.
http://milliondollar.cnbc.com/
Doesn't hurt to try it out. Let me know if you want to work together.
22 unique view(s)
September 15th, 2011
pftq (Official) says in Stocks Daily Discussion...
Watching PSID and CWTR right now. PSID just started shooting straight up so I'm hoping for a pullback. CWTR had a sell off yesterday so I'm seeing if it holds support.
pftq (Official) says in Stocks Daily Discussion...
Fresh chart on TDKN at 1.22
pftq (Official) says in Stocks Daily Discussion...
Markets are back above the 30-day SMA on daily. SMA is also flattening out, so this might be good for longer term; need to see if the next pullback stays above it to confirm.
Will definitely get into FAS or URTY on next pullback.
Will definitely get into FAS or URTY on next pullback.
22 unique view(s)
September 13th, 2011
pftq (Official) says in Stocks Daily Discussion...
Was hoping for more strength going into mid-day here (when stocks usually dip).
FAS needs to break this upper resistance (across several days) to keep going.
FAS needs to break this upper resistance (across several days) to keep going.
pftq (Official) says in Stocks Daily Discussion...
Got out of FAS on its second bounce down from resistance. These swings are getting smaller, as noted previously.
Edit: Nvm, got back in on pullback after it started surging up again. O_o Triple top if it fails to break 12.80 again though.
Edit2: Out at 12.70 - no greediness.
Edit: Nvm, got back in on pullback after it started surging up again. O_o Triple top if it fails to break 12.80 again though.
Edit2: Out at 12.70 - no greediness.
22 unique view(s)
September 12th, 2011
pftq (Official) says in Stocks Daily Discussion...
Into FAS a little bit here incase it reverses. Needs to break the upward resistance to confirm though.
If it breaks support instead, I'm flipping completely and buying FAZ.
If it breaks support instead, I'm flipping completely and buying FAZ.
pftq (Official) says in Stocks Daily Discussion...
Watching support/resistance here. We'll find out in a few minutes which line it breaks.
pftq (Official) says in Stocks Daily Discussion...
Bahaha upward break. My streak remains unbroken.
22 unique view(s)
September 9th, 2011
pftq (Official) says in Stocks Daily Discussion...
Might get into FAS if it dips under $12 again. The last run was short though, so it's getting a bit riskier - will get out immediately if the support at 10.95K falls for the DOW.
pftq (Official) says in Stocks Daily Discussion...
RYUN jumped briefly to $1.60 and back down to $1.50 now. I think it was just one guy buying a lot though, so I wouldn't enter too quickly. Will buy if I can get in back towards the $1.40 range.
22 unique view(s)
September 8th, 2011
pftq (Official) says in Stocks Daily Discussion...
Sold FAS to buy into BOCX at .044. Looks very nice for continued run.
pftq (Official) says in Stocks Daily Discussion...
Lots of large buys going into SRCH right now if you want to buy something just starting.
SRCH at .81
SRCH at .81
25 unique view(s)
September 7th, 2011
pftq (Official) says in Stocks Daily Discussion...
Bahaha - Market up almost 200 points this morning. Totally spot on with the market direction.
When are you guys going to start trading?
When are you guys going to start trading?