I had promised that I was going to start my own thread regarding stock investments and the markets. So many things have happened since last time I was here and I really do not feel like sharing my knowledge. But a promise is a promise and there have been few people that have emailed me and supported me.

This thread will deal with investing in the stock markets. I will not discuss individual stocks but discuss ETFs like SPY, DIA, IWM and QQQQ. The one good thing about trading ETFs compared to individual stocks is the the ETFs provide instant diversification among similar companies within the same sector.

I will post more as we go along, regarding entry-price, profit-target and stop-losses. I do not think that any ETF is good or bad. It is good only if I'm making money and bad if I'm losig money.

If you have not been in the market so far, please read this as an information piece only rather than my recommendations. There is risk involved and you should know how much risk to take on any position.

Any suggestations, comments and criticisms are welcome as long as it is market related. If this thread gets out of hand and we start discussing off-topics, I'll stop posting.

Have a happy new year!!!! May 2007 bring you and your family lots of joys and riches.

It looks like already broken out to me Latoboy. Lets find something before the break out. I will be scanning Stocks tomorrow using the Stock scan Emini sent to me. If i find better pick than SEED, i will definately let you know.

i just bought CRR @ 52.93   hoping for the best...

my style is to buy after the breakout...  atleast from what i have heard that is the better way to do it.

Good Luck with CRR Latoboy.

just got stopped out of CRR.... took a small loss... with the market going downwards, i didnt want to risk too much.

I am shorting WNR.

WNR is doing well today for a short..

but looking back, wow just look if you had shorted ROYL too... down 13% so far.

All right guys, I have sent the scans to all the people that requested one and have participated here in the past. Now it is up to you to put the time and do the research.

If you want to be successful here is what you need to do.

Find some of the stocks that you like and see how they performed in the past when the conditions that I outlined occured. See if you would have made money in those stocks if you had followed the plan.

Identify whether you are going to be a day-trader, swing-trader or a long-term trader. If you are day-trading buy all at once and exit all when your target is reached(near the recent high). If you are a swing trader, sell half at resistance and keep the other half for more gain. If you are a long-term trader buy at increments and keep adding on pullbacks. Exit all when the opposite conditions occur.

Manage risks properly. Identify where you'll get out if you are wrong and get out when that happens.

You guys can keep this thread going but I won't be updating this regularly.

Your regularity will be missed a lot Emini.

 

Come on emini dont be such a party pooper... hope u were just saying what while u were drunk or something. i hope to see more of your posts in future...


hey the rest of us guys.. we should sign up for something like the IBD, Vectorvest or Gorillatrades...   if we have enough people it will be really cheap. what ya'l think...

i work in IT job so i dont have whole lot of time to be researching stock buying techniques and reading charts, and doing paper trades. i have enough to learn right here in IT. information overload might short circuit me. i'l end up being a jack of all trades, master of none.

but if u have something like gorilla or vectorvest providing good info, it will be quite easy to narrow your selection.

-LB

Latoboy, me a party pooper....I started this party. I just need to spend more time with family and enjoy the summer. I will probably update during weekends though.

If you are thinking about subscribing for some service go with vectorvest. I know a guy that uses it and loves it. I can probably get his scan too.

Check out CERN. There is news that Oracle might be interested in them. They are in a good business and will be a long-term hold.

emini,

we shall wati for your inputs if and when you get some free time over the summer.

Best!

Bricolage

Buy TRMA at 39.25.

initial target 46.00

Do yr own research.

u r a brave soul if u are buying at with this kind of market we are seeing yesterday and today.

what a volatile market.

Today's action does not mean well for the market. Usually when we see a sell-off like today's selloff and especially on a Friday, it is not a good sign. Tighten your stops. I still think S&P will get to 1100 before it's all said and done but there will be smaller rallies along the way.

We all see market is riding a Roller Coaster, But still HIMX looks like ready for another upside. Anybody, still holding HIMX?

i sold mine off for a gain a while back. im on vacation so actually i sold all my long positions.. i dont have a computer here so only own SDS, QID

when i get back in 2 weeks... singingbowl, and emini.,.. lets have a party for shorting... short the crap out of everything...

i hope eminis prediction for S&P to 1100 is correct...that is a very bold prediction to make... not many people have such a low prediction yet... lets see what happens..

Latoboy,

SDS and QID are doing fine today.....HIMX is moving sideways.....As crude oil went up today....energy stocks bounced back as well....I  am shorting CRR ...it went up today....haven't covered yet....Thinking to get into WNR long before the closing....

Have a nice vacation man.....u must be somewhere in the beach....chilling out....right???

By the time yr vacation will be over, we may have some nice buying opportunities in the market.......till then, enjoy this blood bath in the market.

hey guys, im back from vacation.

singingbowl or anyone, does anyone else trade options besides emini ?

i am thinking of buying some more SPY puts. and then sell the puts for profit.


EMINI, wise one, i know u are on vacation but how about your opinion on market ? its been a while since we seen your post.

it seems possible even in this market, certain longs can be profitable.

go long on NCOC, NOA

im in both of these.