sell 78 MGM at 10.93 to take profit.

Earned about USD 11 = RM37 (after deducting commission of USD 9).

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Added on March 3, 2010, 11:36 pmTake profit of selling 500 S at 3.36.

Earning USD 24 = RM81.60 (after deducting commission of USD6).

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Added on March 3, 2010, 11:37 pmSo my 1.5 week effort worth RM119.



This post has been edited by epalbee3: Mar 3 2010, 11:37 PM

I buy DryShips Inc. (Public, NASDAQ:DRYS) yesterday at 5.36, today already 5.5+. Take a look.

Perhaps in couple of weeks if we break new high.

Looks like the ISM data just added more fuel to this bull rocket.

zaman, what do you think about STEC? why the shares have dropped?

Ka-Ching!

Sold 2/3 of my TCK @ 40.15 position - being holding this for 4 weeks - $7.5K profit

Leaving 1/3 on table in case we got more room to move up..

congrats!

you play quite big, and earn a lot.

by the way TCK is quite high risk, it raised from USD2 to now USD40 in a year time..

those peopel hold from USD 2 already rich..

but book value only about USD2, why people want to fry it?

Any good stock to recommend at this round for me?

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Added on March 4, 2010, 12:34 amBought 200 STEC at 10.81.

Will average down by another 200 if the price drop again.

If drop somemore, will average down by another 200..



This post has been edited by epalbee3: Mar 4 2010, 12:34 AM

Commodities mining stock like TCK was fried during the doom/gloom scenario last year.
Take a look at FCX (much bigger cousin of TCK), it was low 20s/30s last year too..it has more than double.

Now that we're recovering.. Dollar is dying a slow death (US Fed continued this low interest rate policy), with China importing more raw materials, investors have no choice but to buy into this commodities play.

Do be careful, commodities are very volatile. Any sudden change in monetary policy could spell doom for commodities (example: Jan to Feb: China tightening..US was thinking of raising rates)

We're in almost at upper BB now.. IMO, not a good time to buy anything now. Just wait.
I'm going to play the short game when we're at the top.

too many abbreviations... dun understand

wow congrats!

Can geh...can buy T the range always around 24 - 28....and now its like 25, lower end of the trade...its a snail crawling, but quite stable la....got dividen coming summore next month i think

I'm not much into dividend stock like T now 'coz of the US Fed withhold rule for non-res. Not worth it.
During cheap dollar policy - I'm playing commodities and recovery stocks.

I do like car industry now.. esp. the badly battered TM.
I am holding some TM for long.. I gave in and bought some during low 71 last week.
Heck, I'm driving twelve years old Toyota now. This car is rock solid.
If TM can rise back to 100s this year, maybe I'm able to buy myself a new Toyota.


Closing update:
Dow 10396.76 -9.22 -0.09%
Nasdaq 2280.68 -0.11 0.00%
S&P 500 1118.79 +0.48 +0.04%

Whoa! The market gave it all back even after the better than expected ISM data been released...

This post has been edited by danmooncake: Mar 4 2010, 07:31 AM

OT. Right Time for you to change to a new BMW , just to reward yourself for the hardwork.

This post has been edited by SKY 1809: Mar 4 2010, 07:59 AM

STEC will improve, but will take another 2-3 months before we can see 17-20$ again.
Selling pressure is very high, pressing the price downwards. To add more salt to the injuries, many Analyst put HOLD/SELL status on STEC. Dropped 28% simply due to "bad" projection for Q1, 2010.

I'm buying it slowly little by little.

Dan - congrats on your TCK. U're a brave soul. Not me - still tying to figure out if wanna hang on the Margin or not.

I may average down by another 100 STEC if it drops again tonight to $10.00. For long term like 2-3 months..

Left another half to play other stocks like ERX or other leverage indexes..

I will keep like $3k++ STEC for profit, if it ever reaches $17-20..

See you tonight..

Retail data from Macy and Target are good and the initial claims are only marginally better.
I think it will be a flat day again until tomorrow. A lot of traders expect the unemployment numbers tomorrow to be ugly because Jan/Feb slow growth month.

Queue to buy 100 STEC at 10.01..

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Added on March 4, 2010, 10:17 pmQueue to buy 25 TM at $73.

This post has been edited by epalbee3: Mar 4 2010, 10:17 PM

time to sell ING?
bot at 8.3.

CAGC is high risk now.. cooked from $5 to now $26..

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Added on March 4, 2010, 10:59 pmIt is just a very small company..

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Added on March 5, 2010, 12:21 amBought 40 TM at 75.16..



This post has been edited by epalbee3: Mar 5 2010, 12:21 AM

Tonight the market wants to puke..

It seems to be getting ready for a pullback. Tomorrow job numbers may start off the down cycle if this isn't good enough.

Closing update:
Dow 10444.14 +47.38 +0.46%
Nasdaq 2292.31 +11.63 +0.51%
S&P 500 1118.79 +4.18 +0.37%

It looks as if we got another push up but across my watch list of stocks majority of them in red already. The Dow is struggling very hard for past few days trying to go above 10450.. still unable to that. Not really looking good and
the bulls are really weaken. Therefore, I sold off another 1/3 of my
remaining TCK at 39.50.. holding cash is better.


Furthermore, I'm not sure if the market is going to like the job report tonight.



This post has been edited by danmooncake: Mar 5 2010, 05:41 AM

Wake up and see all positions in green, positive like RM200+.

STEC flied like crazy..

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Added on March 5, 2010, 8:21 amSeems like STEC will be fried soon..

This post has been edited by epalbee3: Mar 5 2010, 08:21 AM

STEC flied or fried?

Speaking of flying away... check out: TIVO.

This thing blasted to the moon.