ctrout
122 posts
msg #62256
- Ignore ctrout |
5/7/2008 3:54:38 AM
rtucker:
Nothing wrong with catching falling knives as long as you do it the way 13_floor does. Quick ins and out. Trying to catch a falling knife and swinging it ... well that's not too safe. I know one swing trader that caught Crox at 36 in Nov 07 could have got out say around 42 on 12-11. He still owns it at 10. That's not swing trading that's investment praying.
Same guy bot Bidu at 65 rode it up to the peak. He claims there was no technical reason to ever sell it. Now that's just plain wrong. Could you imagine how much more he would have by shorting tops and buying the support or consolidation. Man I would be praying it would come down so I could buy more shares cheaper.
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13th_floor
724 posts
msg #62257
- Ignore 13th_floor |
5/7/2008 9:39:19 AM
Long FRPT 4.14
Long ALVR 8.65
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ctrout
122 posts
msg #62258
- Ignore ctrout
modified |
5/7/2008 9:50:27 AM
Out CSUN 9.73plus 3%
Out CLB at 129 plus 3 %
Out DE plus 1%
Out CLWR plus 1%
Out $RUT Calls even
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13th_floor
724 posts
msg #62261
- Ignore 13th_floor |
5/7/2008 10:02:53 AM
Long FTWR @ 1.82
Long VLNC @ 3.70
both on RFR/ high dayrange list
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johnpaulca
12,036 posts
msg #62262
- Ignore johnpaulca |
5/7/2008 10:06:55 AM
Trout: that's a little early on DE...I will let it cross over the upper band. Keep an eye on UTEK. Get some MCF if it gets to about $78 its in a lovely trading range and could pop either way. Timmy was up nicely this morning but I don't expect much action until tomorrow.
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ctrout
122 posts
msg #62263
- Ignore ctrout |
5/7/2008 10:14:20 AM
JP:
Do you have a good short filter?? I am not giving stocks much room, I think we are due for a pullback.
I sold DE early today and took the profit on the pop.
Buying July OIH 200 Puts at $1080. Got some time on these.
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ctrout
122 posts
msg #62264
- Ignore ctrout |
5/7/2008 10:19:30 AM
JP:
Regarding DE, thought you liked to play them within your BB's as they start to break up. What am I missing?
C Trout
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13th_floor
724 posts
msg #62265
- Ignore 13th_floor |
5/7/2008 10:24:30 AM
Long FEED @ $20 cross
Long AOB @ 10.70, good vol
Long LGDI @ 4.32 ... RFR/dayranger red to green
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ctrout
122 posts
msg #62266
- Ignore ctrout |
5/7/2008 10:36:21 AM
Boy, I totally blew that FFIV trade, I thought that was a flag set up and apparently it was.
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johnpaulca
12,036 posts
msg #62267
- Ignore johnpaulca |
5/7/2008 10:42:01 AM
Trout: sorry bro my shorting is like crap shoot, not very good at it. Look at DE tomorrow.
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