yeah, and ppl will continue to buy and buy and buy.. 

yeah, and ppl will continue to buy and buy and buy.. 

sulifeisgreat, thanks for the links to jesse livermore. Reading some of his quotes now and this one seems to ring a bell:
"It is foolhardy to make a second trade, if your first trade shows you a loss. Never average losses. Let this thought be written indelibly upon your mind." 

Shipping and materials looking good too.
I think Dollar is weakening now.

By next week, we may be back to the crazy bull again.

Closing update 5:15am
Dow 10318.16 -14.28 -0.14%
Nasdaq 2146.04 -10.78 -0.50%
S&P 500 1091.38 -3.52 -0.32%

The pull back today wasn't much.  After 3 days.. I think the bears are also tired.
Some bullish elements are coming back.

Bought a small batch of ERX 38.50, holding over weekend. 

Pharmaceuticals seems to be climbing up even in this bearish conditions. Might be worth taking a look at this sector since gaming and financials looks dead.

I guess it is still not the valley.

MGM still have about 1-2 USD to drop.

any stock for us to look at, in pharmaceutical?
tis thread is making snail progress, in selection of other stocks / etf for day trade & swing trade
but its way much better than zero progress (such as reading up on Jesse Livermore  )

The Hottest Sector for 2010

2009 is fast coming to an end, to the great relief of many investors. While the market has staged a nice comeback since the spring and the economy seems to be slowly righting itself, things are still rough out there. Jobs are increasingly hard to come by, and consumers have been keeping a lid on spending.

At this point, a lot of folks seem to be eager to just get 2009 over with already and hope that the new year will usher in meaningful economic improvement. But while no one knows exactly what next year has in store for us, there is one sector of the market that many in-the-know fund gurus are expecting big things from.

A clean bill of health
According to a recent survey conducted by FTI Consulting, fund managers at many of the world's largest investment firms are looking to health care as their favorite sector in 2010. Among survey respondents, 15% cited health care as their top pick for next year, compared to 12% who chose technology.

The report suggests that although managers are favoring cyclical recovery stocks right now, they believe that financially solid health-care names with solid cash flows should do well in the coming year. This outlook comes even as much of the health-care sector has struggled to capture the gains that many other areas of the market have in 2009. For example, biotechnology firms Amgen (Nasdaq: AMGN) and Gilead Sciences (Nasdaq: GILD) are both in negative territory year-to-date, despite the general market being up more than 20%.

Of course, the looming unknown on the health-care horizon is the massive reform bill currently working its way through our legislature. While the details are still being hammered out and the bill's future is uncertain, there's likely to be a lot of cash flowing into this sector if reform becomes a reality, and a resulting sector boom is not out of the question. Regardless of how you feel about the prospect of health-care reform, it's hard to argue that the potential benefits to this sector won't be significant if reform does work its way through.

Paging Dr. Profits
One big-name manager who has thrown his lot in with the health care sector is Bruce Berkowitz of the top-rated Fairholme Fund (FAIRX). Thanks to Berkowitz's timely stock picks, Fairholme has outpaced 99% of all large-cap blend funds over the past five years. Berkowitz has allocated a whopping 36% of its stock portfolio to health-care companies, with top holding Pfizer (NYSE: PFE) alone making up almost 13% of the entire fund. He also has slightly smaller bets on biotech firm Forest Laboratories (NYSE: FRX) and health-care insurer WellPoint (NYSE: WLP).

Berkowitz may be on to something. While many investors are hunkering down with bonds and relatively staid consumer stocks, now may be the time to act to capitalize on 2010's hottest trend. Health-care stocks are at the bottom of the barrel when it comes to this year's top performers, so valuations are still relatively reasonable. Once the sector takes off, you'll have already missed out on a lot of potential gains, so the time to stock up on high-quality health-care names is now.

Scheduling a checkup
So how can you make the most of a coming resurgence in the health-care sector? Well, if you want specified exposure, you can always go with an exchange-traded fund or actively managed fund that invests exclusively in this corner of the market.

One of the better actively managed funds out there is T. Rowe Price Health Sciences (PRHSX), which has racked up an 8.4% annualized gain over the past 10 years. The fund tends to favor small- and mid-cap names like Alexion Pharmaceuticals (Nasdaq: ALXN) and biotech drug firm Cephalon (Nasdaq: CEPH), so there's lots of growth potential in this portfolio. However, if you do buy a sector-specific fund like this, make sure to keep your overall allocation small to avoid undue risk.

But you don't necessarily need dedicated health-care exposure to capitalize on a boom in this sector. Even by maintaining a diversified overall portfolio, you'll still reap the benefits. Health-care stocks typically have a major presence in most broad market mutual funds, so you'll still have reasonable exposure.

In fact, according to Morningstar data, the average large-cap growth fund has almost 15% of assets allocated to the health-care sector. So assuming you've got wide market coverage, you'll be able to profit from a health-care boom without changing anything in your portfolio at all!

There's a lot of uncertainty and hesitation surrounding the health-care sector right now, which makes it an ideal time to think about getting into the game. If the experts are correct, the payoff next year could be just what the doctor ordered!

OK. Here you are. Some pharmaceutical stocks to consider. Spot some good pharmaceutical stock? Let me know. 

guess u did not join our longkang party 
suggest expand ur horizon & step out of ur comfort zone
u FA / TA / forever fans?

no doubt, most of u like below $10 as its cheap, but not much momo play there
if can, later upgrade & practice those $10-$20, then once, u can contribute to this thread via stock / etf selection
u will learn to see more + play more
also, can go gamble above $20 for day trade / swing trade
better still, pick up roket skill, but from my personal experience, it is super hard man...
u recall the luck story? i never know when my time is up on earth 
so, if u have live long enough on planet earth...



of coz, it is safe & fun to be a spectator, but r u learning anyhting? check ur bank ac pls   

Hi guys, newbie here, need some advise, if i'm going to buy or sell U.S. stock through etrade online facilities, Am i entitle to pay the us goverment tax? if so, wut is the procedure should i carry out?

hmm... i suggest u let me know instead, how u plan to trade it? come & test ur skills with the market, learn & gamble bersama-sama

as usual, below for livermore, speculator & gamble lovers onli, categories other than tat, dun click it & spoil ur day

,
My Safe Investment Guide
=================
Rule no. 1: Don't put all eggs in a basket.
Rule no. 2: Don't trade something you are not familiar with.
Rule no. 3: Buy on dip and sell on rally (only for bull market; in bear market use short instead.)
Rule no. 4: Take profit or cut loss within the range (let's say 5-10%).

Ok, I am following Rule no. 2.

Too bad I only familiar with C and MGM, no time to study more, just enough to "cari makan".
As long as dun buy the bankrupt stock, you are safe.

I think news is sometimes useful, but don't believe in full, big bosses might be able to control the news.
Buffet said: "The first and most important thing in investment is not earning; it is to preserve your capital."
Without being able to stay in a no-lost position, talk nothing about earning roket. There comes Rule no. 4.

Rule no. 3 is picked from some sifus here, which really work in most of the times, to get some real earning.
As for Rule no. 1, it is the golden rule of investment, based on the fact that all investments have risks.

BUT, i do feel great if someone can teach me the rocketing skill (which I dunno), like earn enough to go Hawaii.. but.. you must prove to me it works first. I am not going to risk myself without concrete example.. haha... My aim is just can earn more peanuts..

I really no idea which one to pick.    I don't ve experience on this stock and never trade before.

I really no idea which one to pick.    I don't ve experience on this stock and never trade before.

but i was thinking along the lines of u simply choosing one, to paper trade since u never trade before
guess the info seems massive, oh well...

best bet is Casino operators. Econ improves, ppl gambles more??

You have BYD, MGM and LVS.