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 US stock discussion v3, Double Bottom coming?

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cwhong
post Dec 19 2010, 12:11 AM

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QUOTE(zamans98 @ Dec 18 2010, 02:29 AM)
$119K x 100 = $1,900K (nearning 2 million USD)

Yes, anyone can buy 1 share. Plus the cost is cheap 2,50. Buy 50 BAC = 630$ +2.50 =, that is USD12.65 full cost per share.
Only if KLSE make same rule. RM3/- per transaction.
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mega_shok.gif it's huge amt. thanks for info. notworthy.gif
VesperMartini
post Dec 20 2010, 01:32 AM

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is there anybody who use interactive brokers here?
TSzamans98
post Dec 20 2010, 08:31 AM

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QUOTE(VesperMartini @ Dec 20 2010, 01:32 AM)
is there anybody who use interactive brokers here?
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Heard about it. Need high deposit (10K min), then the platform frequently freeze, especially during data/news release. [affect your share trade, coz its all in one platform, forex,commodities, equities etc]

Execution is slow, most of the time. Not direct placement for stocks [J2trade, and MBtrading = ECN]

What Does Electronic Communication Network - ECN Mean?
An electronic system that attempts to eliminate the role of a third party in the execution of orders entered by an exchange market maker or an over-the-counter market maker, and permits such orders to be entirely or partly executed.
Click here for Investopedia FXtrader


VesperMartini
post Dec 20 2010, 07:20 PM

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which broker are you using, zamans? interactive brokers is cool though, all tradable markets are available in a stop.
honglun
post Dec 20 2010, 08:17 PM

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QUOTE(VesperMartini @ Dec 20 2010, 07:20 PM)
which broker are you using, zamans? interactive brokers is cool though, all tradable markets are available in a stop.
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Yes, interactive broker's nice. Unless you got 20ku$ and more to shell, I think it's the best broker out there?
Charlie82
post Dec 20 2010, 09:12 PM

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Hi guys

C me still holding some, still waiting for >5.00 tongue.gif
BRCD, DELL, MRVL, MU, SIRI look set for an up tick brows.gif
this barring any impact from the NK/SK thingy rclxub.gif
happy hunting folks
TSzamans98
post Dec 20 2010, 10:05 PM

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QUOTE(zamans98 @ Dec 20 2010, 08:31 AM)
Heard about it. Need high deposit (10K min), then the platform frequently freeze, especially during data/news release. [affect your share trade, coz its all in one platform, forex,commodities, equities etc]

Execution is slow, most of the time. Not direct placement for stocks [J2trade, and MBtrading = ECN]

What Does Electronic Communication Network - ECN Mean?
An electronic system that attempts to eliminate the role of a third party in the execution of orders entered by an exchange market maker or an over-the-counter market maker, and permits such orders to be entirely or partly executed.
Click here for Investopedia FXtrader
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QUOTE(VesperMartini @ Dec 20 2010, 07:20 PM)
which broker are you using, zamans? interactive brokers is cool though, all tradable markets are available in a stop.
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* My answer is already up there.

I'm using Just2trade and MBTrading
danmooncake
post Dec 20 2010, 11:43 PM

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Entered a small position in X, Jan 60 calls during pull back. May exit tomorrow.

But, still holding LVS long.

Only trading these two for now. Everything else seems over-extended.


TSzamans98
post Dec 21 2010, 12:54 AM

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QUOTE(danmooncake @ Dec 20 2010, 11:43 PM)

Only trading these two for now. Everything else seems over-extended.
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aye, most counters that I been monitoring is in the ZONE. Not even breaking it. DUH!
danmooncake
post Dec 21 2010, 01:32 AM

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I do see we got limited upside till the end of the year. That's why I'm only trying to scalp trade for now.
I think market will be flat, pulls back at most 1%, or push forward a few more ten of the points..that's it.
Got to be careful going long unless one can find those un-performing sector playing catch up now.
Once those done, funds will clock out after Dec 31st. Just my opinion...

Update: 2:30am
Got stop out from my X $60 calls.. sad.gif

Closing update:
Dow 11478.13 -13.78 -0.12%
Nasdaq 2649.56 +6.59 +0.25%
S&P500 1247.08 +3.17 +0.25%



This post has been edited by danmooncake: Dec 21 2010, 06:13 AM
TSzamans98
post Dec 22 2010, 12:14 AM

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QUOTE(zamans98 @ Dec 21 2010, 12:54 AM)
aye, most counters that I been monitoring is in the ZONE. Not even breaking it. DUH!
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Still the same today. In the ZONE.

shakehead.gif
danmooncake
post Dec 22 2010, 12:28 AM

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QUOTE(zamans98 @ Dec 22 2010, 12:14 AM)
Still the same today. In the ZONE.

shakehead.gif
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The index broke new high... SP500 1253. Dow 11531.

LVS still going up a little but seems to be resting here. hmm.gif



honglun
post Dec 22 2010, 12:39 AM

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QUOTE(danmooncake @ Dec 22 2010, 12:28 AM)
The index broke new high... SP500 1253. Dow 11531.

LVS still going up a little but seems to be resting here.  hmm.gif
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Yeah. Am wondering when will LVS reach 50$?
danmooncake
post Dec 22 2010, 12:54 AM

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QUOTE(honglun @ Dec 22 2010, 12:39 AM)
Yeah. Am wondering when will LVS reach 50$?
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I think by this Thursday or early next week if uptrend continues. I see it will probably trigger a pull back
closer to $50 and if it isn't too strong, we will continue to see buyers into the New Year.

Singapore Marine Bay Sands just had a projected $2.2 billion this year instead of the earlier $1.5 billion revenue.
If this is true, that's way exceeded expectation.

I like to see it touch $55 by earnings report in February.

This post has been edited by danmooncake: Dec 22 2010, 12:55 AM
TSzamans98
post Dec 22 2010, 01:25 AM

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QUOTE(danmooncake @ Dec 22 2010, 12:54 AM)
I think by this Thursday or early next week if uptrend continues. I see it will probably trigger a pull back
closer to $50 and if it isn't too strong, we will continue to see buyers into the New Year.

Singapore Marine Bay Sands just had a projected $2.2 billion this year instead of the earlier $1.5 billion revenue.
If this is true, that's way exceeded expectation.

I like to see it touch $55 by earnings report in February.
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should crawl back to low 40$ before another leg up. Price still does not justify the earning, really. whistling.gif


Added on December 22, 2010, 1:46 amToday seems like party day for electronics, thanks to JBL.

JBL ____ Jabil Circuit, Inc. 19.45 +1.79 10.14%
PLXS ____ Plexus Corp. 29.35 +0.84 2.95%
CLS ____ Celestica Inc. (USA) 9.97 +0.47 4.95%
SANM____ Sanmina-SCI Corporation 11.57 +0.45 4.05%
BHE ____ Benchmark Electronics,... 18.30 +0.44 2.46% 1
FLEX ____ Flextronics Intl. Ltd. 7.96 +0.31 4.05%
CTS ____ CTS Corporation 11.15 +0.18 1.64%
SGMA____ SigmaTron International 6.55 +0.18 2.83%
SMTX____ SMTC Corporation (USA) 3.50 +0.11 3.24% 52

This post has been edited by zamans98: Dec 22 2010, 01:46 AM
danmooncake
post Dec 22 2010, 06:41 AM

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QUOTE(zamans98 @ Dec 22 2010, 01:25 AM)
should crawl back to low 40$ before another leg up. Price still does not justify the earning, really.  whistling.gif
It already did that last week...$41.70 tongue.gif

Anyway, general indices burst above the ceiling, another new highs:

Dow 11533.16 +55.03 +0.48%
Nasdaq 2667.61 +18.05 +0.68%
S&P500 1254.60 +7.52 +0.60%

Crazy bulls not letting this up yet.

ronn77
post Dec 22 2010, 07:53 AM

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Nobody seems picking up AIG stock but I'm been holding this counter for couple of years and yesterday it reaches new high of $55.18 (+1.76). Still thinking of whether to dispose this stock as my return is more than 100%.
TSzamans98
post Dec 22 2010, 09:14 AM

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QUOTE(danmooncake @ Dec 22 2010, 06:41 AM)
It already did that last week...$41.70  tongue.gif
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Aha, I mean another round before NEW YEAR smile.gif


QUOTE(ronn77 @ Dec 22 2010, 07:53 AM)
Nobody seems picking up AIG stock but I'm been holding this counter for couple of years and yesterday it reaches new high of $55.18 (+1.76). Still thinking of whether to dispose this stock as my return is more than 100%.
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Why don't you use Trailing Stop +2.00 GTC?
ronn77
post Dec 22 2010, 09:39 AM

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QUOTE(zamans98 @ Dec 22 2010, 09:14 AM)
Aha, I mean another round before NEW YEAR smile.gif
Why don't you use Trailing Stop +2.00 GTC?
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Thinking of holding until $60 then only sell it biggrin.gif

TSzamans98
post Dec 22 2010, 09:47 AM

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QUOTE(ronn77 @ Dec 22 2010, 09:39 AM)
Thinking of holding until $60 then only sell it  biggrin.gif
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Boss, I'm positive that Trailing Stop won't be killing. Expert Traders use it.

So, AIG might goes up to $80 - who knows ya? So, instead of banging your head over the wall if it reverse gear and back to $40, why not protect your profit ASAP?

Since AIG is volatile, I suggest $2 or $3 TS.

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