Don't chase.. it will come back down 'coz the indexes are top heavy now.
During pullback, just buy the dip. If already bought, just hang on and enjoy the ride up.

Earning like 10% for C now..

Seems like can use it as second source of income soon.

Then can pump in money..

Can we get consistent return?

Be careful. Never go all in no matter how tempting it is.
Win some today, take some off, one will continue to reap more profits tomorrow.
Beware of being piggy.. never let the piggy inner self takes over.

C finally moving. Will keep it until it reaches $5.00

Short LVS and MGM again. Let's see how this baby brings me.

rule of thumb: don't put more 1/4 of your money in the same boat..

wait another round of C dip to go in.

C is undervalued at 3.30. Just buy at 3.25-3.25 will get long time gain..

Right.

I'm looking @ C at 320-330 soon. It seems like last year, start off on a good footing then heading south from there.

Just enter URE. But after enter, price drop. So sad.

Why still buying at the top?

yeah, why ah? it went up like triple already? ~_~

can anyone comments lyg?
time to enter?

wait mgm to drop to 9.20.

Then it is right time buy for middle term.

Hopefully it'll come before CNY. The last time it went all the way up to USD5 I was still sitting on it hoping for it to reach higher.
Grave mistake.

The easiest thing to do is to just BUY a stock.. but knowing when to sell is the key to maximize profits.
Try set your trailing stop to protect your profits next time.

yeah, same here. Was expecting it to reach higher than USD5. Missed that period. Then now sitting duck for 4 months, still not moving much. Good thing it bounced a little from 310's. I was firm, not to average it.

Looking at STEC and FUQI.

Talking about MGM and LVS (we all love these 2 over here in LYN), today is one of those rare days that MGM is outperfoming LVS.
MGM up 4.29% vs LVS up 1.55%

LVS target set at 19-20$

Both was upgraded as BUY 3 days back. Now LVS toppish and MGM trying to hit 11. Sold mine for peanut both few days back.

Still cheap dollar is a FEAR factor. All "BAD" news are absorbed..

Both LVS and MGM seems to be still in channel price play until they break out.
If they're toppish, I agree that short is the way to play on the way down.
But, you may want to set SL in case they do break out. One never know in this crazy market.

I don't have a good feeling about the unemployment numbers coming out tomorrow, this could give a reason
for stocks to pullback after the gains since early this week. Therefore, I've trimmed some off at ERX @ 46 yesterday after hours yesterday. Oil is at all time high and this crazy weather hitting US is causing the major spike in energy prices. Hopefully, it may be resilient enough to sustain another leg up before going south.

Closing update 5:06am:
Dow 10606.86 +33.18 +0.31%
Nasdaq 2300.05 -1.04 -0.05%
S&P 500 1141.68 +4.54 +0.40%

Wow! Another pushed up by the Dow.

Look at GE today. This long stagnant stock suddenly got a 5% bump. Nice!

This post has been edited by danmooncake: Jan 8 2010, 05:08 AM

My Sogotrade does not have trailing stop, buy after market, etc..

Can recommend which US broker is cheap and have all these functions?

Because will pump in second batch of money..

---

Added on January 8, 2010, 7:44 amC only up 1 cents today...

This post has been edited by epalbee3: Jan 8 2010, 07:44 AM

I'm using TD Ameritrade and it has trailing stops, can hold long and short positions at the same time,
Level 2 access, and bunch of other tools for beginners and sophisticated traders. $10 a trade.

The Hottest Commodity ETFs Of '09

After free-falling from their bubble highs in 2008, commodities rebounded with gusto alongside stocks last year. Here's an overview of the top nonleveraged commodity ETFs of 2009 and what's driving performance.

BarclaysiPath Copper ETN (JJC) rallied 134% in 2009, outperforming all commodities to win back its 54% shave the prior year. But it still trades 18% below its bubble peak from March 2008.

It's 6% extended from a 44.95 buy point after a low-volume pullback to its 10-week moving average.

Although China, the world's biggest copper consumer, has about 800,000 tons of the red metal on hand, prices will likely remain high in the first half of 2010, according to Scotiabank.

"World copper mine expansion was held back in 2007-08, as major mining companies feared that future prices might not yield adequate rates of return, given rapidly escalating mine development costs," the report stated.

IPath Lead ETN (LD) vaulted 131% last year, recovering all of its 44% nose dive from 2008. It has formed a four-month saucer base with a possible 67.14 buy point.

IPath Nickel ETN (JJN) jumped 80% last year after falling 56% in 2008. It may be forming a handle in a double-bottom base with a possible 29.59 buy point.

Nickel, a key stainless steel ingredient, climbed to a two-month high this week even though nickel inventories have risen to hit a record high.

Industrial metals followed the stocks higher this year and as the prospects for economic recovery improved, demand for base metals rose, explains Paul Kavanaugh, a commodity analyst with PFGBest.com. He projects commodity prices will follow the lead of stocks well into the second quarter of 2010.

Sugar Shortage

Bitter for consumers but sweet for traders, iPath Sugar ETN (SGG) rallied 84% last year, after it fell 19% in 2008. It broke out of in December and trades 8% past a 74.18 buy point.

The exchange-traded note, which tracks sugar futures, second-highest next to copper and lead among Barclays commodity notes.

While food prices have fallen from their bubble highs in mid-2008, sugar prices have continued to climb. Refined sugar prices have shot up 40% since the beginning of 2008.

Increased use in place of high-fructose corn syrup, a 10% drop in U.S. beet sugar production in 2008 and 2009, a disruption in refining capacity, a decline in imports from Mexico and U.S. limitations on imports from other countries are likely to drive prices higher in the new year, according to economists with the USDA.

The production shortfall sent sugar supplies to a 33-year low. Meanwhile too much rainfall in Brazil (the world's largest producer), poor harvests in India and rising demand for ethanol production drove global sugar prices this year.

A Tale Of Two Gases

U.S. Gas (UGA) spiked 88% in 2009 but remains 44% below its peak. It tanked 61% the year before.

Gasoline supplies are up 2% from a year ago and demand over the past four weeks rose 1.1% from a year ago, according to Dailyfutures.

Meanwhile, U.S. Natural Gas (UNG) imploded 56% on top of a 36% loss from 2008 because of abundant supplies and lower demand.

The Energy Information Administration estimates that usage dropped 1.9% in 2009 owing to a decrease in industrial usage and warmer-than-normal weather in the Eastern U.S. in November. It projects demand will ease 0.4% in 2010. Production rose by 3.7% in 2009 because of a significant rise in output from onshore shale basins.