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 Investing in US stocks, Does anyone know how?

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zamans98
post Nov 24 2009, 08:48 AM

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wow.

Dollar got beaten again, GOLD historic high, approaching $1200. What's next? 2000$?

Close INTC, bought x 300 @19, closed x 300 @ 19.45 +130$
Close URE x 300 @6, closed x300 @6.25 +65$

Bought both when market dipped.

Long LVS x200 @16.55. Missed 15.80-16.00 yesterday but looking good for another entry today as 3 mega news to be un-leashed.

Will go for TNA today (35-36$), pre-market reddish.

Watchout for 3 mega-news today. I'm expecting mixed results and market will back down a bit.

- Core Durable Goods Orders m/m @ 930
- Unemployment Claims @930
- New Home Sales @ 11


dreams_achiever
post Nov 24 2009, 10:31 AM

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QUOTE(zamans98 @ Nov 24 2009, 08:48 AM)
wow.

Dollar got beaten again, GOLD historic high, approaching $1200. What's next? 2000$?

Close INTC, bought x 300 @19, closed x 300 @ 19.45 +130$
Close URE x 300 @6, closed x300 @6.25 +65$

Bought both when market dipped.

Long LVS x200  @16.55. Missed 15.80-16.00 yesterday but looking good for another entry today as 3 mega news to be un-leashed.

Will go for TNA today (35-36$), pre-market reddish.

Watchout for 3 mega-news today. I'm expecting mixed results and market will back down a bit.

- Core Durable Goods Orders m/m @ 930
- Unemployment Claims @930
- New Home Sales @ 11
*
Tonight is very critical. Got so many news coming out tonite
Nov 24 08:30 GDP - Second Estimate Q3 2.8% 2.8% 3.5%
Nov 24 08:30 GDP Deflator - Second Estimate Q3 0.8% 0.8% 0.8%
Nov 24 09:00 Case Shiller 20 City Index Sep -9.25% -9.10% -11.32%
Nov 24 09:00 Consumer Confidence Nov 46.3 47.5 47.7
Nov 24 10:00 FHFA Home Price Index Sep -0.2% 0.1% -0.3%
Nov 24 14:00 FOMC Minutes

Total of 6 news rclxub.gif

I been monitoring USD/YEN for quite some time. It's been staying around 88 range and wont beat down below that.
Maybe it will come back and get its revenge. Then beware of GOLD, crude oil, other commodities trade. Time to short it brows.gif
danmooncake
post Nov 24 2009, 01:14 PM

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QUOTE(dreams_achiever @ Nov 24 2009, 10:31 AM)

I been monitoring USD/YEN for quite some time. It's been staying around 88 range and wont beat down below that.
Maybe it will come back and get its revenge. Then beware of GOLD, crude oil, other commodities trade. Time to short it  brows.gif
*
Be careful trying to short Gold..Silver or Commodities. The shorts got their ass handed to them last time. tongue.gif

This post has been edited by danmooncake: Nov 24 2009, 01:15 PM
zamans98
post Nov 24 2009, 01:19 PM

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QUOTE(danmooncake @ Nov 24 2009, 01:14 PM)
Be careful trying to short Gold..Silver or Commodities.  The shorts got their ass handed to them last time.  tongue.gif
*
True but cannot put long as well, coz now commodities are running on steroids. I will not enter LONG position even the dollar is fcuking cheap now.

For stocks, Let one or two analyst write bad about some counters, the market will dive for the day. Time to re-enter.
GHz
post Nov 24 2009, 03:28 PM

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US Dollar seem strengthen, is it mean that DOW going to be in red tonight?
sulifeisgreat
post Nov 24 2009, 04:59 PM

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everyone need their arse to be handed to them, once in awhile as a reality check nod.gif market is the best sifu

only hav vague idea abt forex, but with cheap dollar, us dollar seems downtrend, with a few bumps up, along the way
to reverse trend, need increase int rate

Attached Image

look at futures, buy the dip ride again shocking.gif
with the current scenario, better enjoy the ride of buy the dip & sell the rally situation, while it last... laugh.gif

i day trade virgin, how often do they release f-ing mega news unsure.gif & seems tomolo, i can buy some maxis via buffet method cool2.gif

http://www.bloomberg.com/apps/news?pid=206...rshTK0OFI&pos=2

insider crab news yawn.gif if u feel bored

http://www.bloomberg.com/apps/news?pid=206...ckYhnYYU&pos=15

to ensure less hot money, need to increase int rate, then it'll be longkang party time, but when? rclxub.gif

http://www.bloomberg.com/apps/news?pid=206...J2Kl8coOA&pos=1

zamans98
post Nov 24 2009, 10:02 PM

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aiyoooh. reddish across the board. Chinese new year comes early today?

Will re-enter INTC, LVS after d news
danmooncake
post Nov 24 2009, 10:21 PM

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QUOTE(zamans98 @ Nov 24 2009, 10:02 PM)
aiyoooh. reddish across the board. Chinese new year comes early today?

Will re-enter INTC, LVS after d news
*
Bears are raiding.. tongue.gif

Watch that dip. cool2.gif
zamans98
post Nov 24 2009, 10:53 PM

oquıɐɹ ǝɥ ɹǝo 'ǝɹǝɥǝɯos
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QUOTE(danmooncake @ Nov 24 2009, 10:21 PM)
Bears are raiding..  tongue.gif

Watch that dip.  cool2.gif
*
shorted INTC x 300 @ 19.45 +18c and counting.


epalbee3
post Nov 24 2009, 11:14 PM

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dumped everything.. cut loss..

the bear is already avoidable..
danmooncake
post Nov 24 2009, 11:17 PM

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QUOTE(epalbee3 @ Nov 24 2009, 11:14 PM)
dumped everything.. cut loss..
the bear is already avoidable..
*
Wait.. don't panic. biggrin.gif
Just a minor haircut. It is opportunity for longs. wink.gif

I'm watching for opps to load up TCK and start a position on DSX.



This post has been edited by danmooncake: Nov 24 2009, 11:22 PM
zamans98
post Nov 24 2009, 11:34 PM

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QUOTE(danmooncake @ Nov 24 2009, 11:17 PM)
Wait..  don't panic.  biggrin.gif
Just a minor haircut.  It is opportunity for longs.  wink.gif

I'm watching for opps to load up TCK and start a position on DSX.
*
True, listen : FED unofficial news says no interest rate hike until Q1, 2010.

Err bro, what's so good about DSX?
danmooncake
post Nov 24 2009, 11:47 PM

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QUOTE(zamans98 @ Nov 24 2009, 11:34 PM)
True, listen : FED unofficial news says no interest rate hike until Q1, 2010.

Err bro, what's so good about DSX?
*
I'm looking for a transport/shipping to add to my long portfolio. Either this (DSX) or NAT.

Shipping company - beaten down stock during down turn but potential for growth in 2010 as shipping resumes during recovery. China ordering more raw materials and export continues. Baltic Dry Index moving up.

DSX charts looks good and broke out recently from the price channel being stuck under $15.
Low $16 (or above $15) is good place to start a small position. GL! nod.gif

This post has been edited by danmooncake: Nov 24 2009, 11:48 PM
dreams_achiever
post Nov 25 2009, 12:08 AM

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QUOTE(zamans98 @ Nov 24 2009, 11:34 PM)
True, listen : FED unofficial news says no interest rate hike until Q1, 2010.

Err bro, what's so good about DSX?
*
erm..in this case, that will push market higher. Hope that Fed will give hint to raise IR when minutes meeting coming out at 2am later
then UJ rebound and Gold down kao kao..muahaha...
Anyway, will set tight stop loss on my Gold put options.
sulifeisgreat
post Nov 25 2009, 01:00 AM

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y la panic? concept buy the dip, means today buy, then wait to sell in nex few days (if got rally la...)
but if takut the mega news, then can wait till after its over, but tis mega news seems quite often rclxub.gif

my swing trade positions still steady, not reach cut loss level yet
gold position also steady, not drop yet for me to reenter sad.gif
with regards to the sectors being discuss, here is my 1 sen thought cool2.gif

if wan to hang around gambling stocks, then wms got better chance swing trade to 44.54 & cut loss 38.54
lvs gotta wait quite a long time, say 6 months whistling.gif mgm i give 9 months (i zero position in all 3)

for shipping stocks, the group shipping truly sux, unless u all r really long term holders, my guess is 6 months, i also zero position here
ish is a classic case study, slow & steady up
sblk can target $4.50 exit
gnk can buy if $30.04 & exit $39.94

regarding rbs, looks like a swing trade, dunno hav to wait how long though?
its group sector banks is quite good, i also zero position here
bap, bbd went into pullback, can it go higher from here? i no idea?
bch, hdb, almost new high, can i short? hmm.gif
ire, bma is swing trade








danmooncake
post Nov 25 2009, 03:59 AM

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Bought some small batches:
100 TCK 34.25
200 DSX 16.07

Closing update 5:12am:
Dow 10433.71 -17.24 -0.16%
Nasdaq 2169.65 -0.59 -0.05%
S&P 500 1105.65 -0.59 -0.05%

IMO, today pull back is pretty weak. sad.gif

This post has been edited by danmooncake: Nov 25 2009, 05:13 AM
epalbee3
post Nov 25 2009, 07:49 AM

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will re-enter at a better position.


Added on November 25, 2009, 7:59 amNow my sogotrade free trades are over.. smile.gif

Trade at cost now.

By the way, the bear has been there for a week, bull cannot fight also.

MGM and LVS are testing lower and lower.

I have to say that still have 1-2 USD to drop.

This post has been edited by epalbee3: Nov 25 2009, 07:59 AM
zamans98
post Nov 25 2009, 08:29 AM

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QUOTE(epalbee3 @ Nov 25 2009, 07:49 AM)
will re-enter at a better position.


Added on November 25, 2009, 7:59 amNow my sogotrade free trades are over.. smile.gif

Trade at cost now.

By the way, the bear has been there for a week, bull cannot fight also.

MGM and LVS are testing lower and lower.

I have to say that still have 1-2 USD to drop.
*
if you know that MGM/LVS going down, why not SHORT sell it? unsure.gif
sulifeisgreat
post Nov 25 2009, 12:20 PM

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spent baby spent rclxm9.gif

http://www.foxnews.com/politics/2009/11/24...ear-presidents/

http://www.bloomberg.com/apps/news?pid=206...p2ZyUE8L4&pos=1

remember our kawan2 - greed & fear nod.gif
1st, have at least minimum 10 stock in watchlist, diff sector better, so wun kena trap at tidur position
2nd, check to see u got balls
next, when market down, all feel fear, close ur mata & jus buy the dip (can cover position too)
nex day or few days time, market up, all feel greed, sell the rally (can do short too)
repeat process, since fed ask us to join in the almost zero int rate party

with the democrats in power & pushing in all those mega budgets & here tax, there tax, everywhere tax tax doh.gif
we mus ride this, while it last cool2.gif u feel bored, crab news below

Poll Data (Current poll data are brutal for the Democrats and Obama)

Current poll data are brutal for the Democrats. In the Rasmussen survey, President Obama's approval index, the difference between those who strongly approve and strongly disapprove of his performance, has hit a record low of -15. Overall, voters disapprove of Obama by 54-45%. That's no doubt in part because voters have also turned decisively against the Democrats' health care proposals, opposing them, currently, by 56-38%.

Meanwhile, voters now favor Republicans over Democrats by seven points on the generic ballot, 44-37%.

Byron York examines the numbers behind Obama's slumping Gallup rating and finds that Obama is now at 39% with whites and below 50% among all those who go to church. Pluralities of all of those who are over 29 years old or earn more than $2,000 a month disapprove of Obama's performance. Looking at it positively, you could say that the President is still hanging tough with the pivotal young, poor, atheist voting bloc. Michael Barone, meanwhile, asks whether Democrats are beginning to desert their sinking ship.

Is that premature? Sure. But there is no doubt that if the 2010 election were held tomorrow, the Democrats would be slaughtered. What do they plan to do between now and November 2010 to turn that around? Jam an unpopular health care bill down the voters' throats, enact a job-destroying tax on carbon that most people now believe is founded on a myth, and raise taxes. [UPDATE: I should have added, they're also freeing Khalid Sheikh Mohammed and four confederates into the federal court system--that'll generate some helpful headlines over the next year--and now they're also talking about bringing back "comprehensive immigration reform," which prior to the Obama administration was the most unpopular thing Congress had done in a long time. It's a perfect storm of legislative malpractice.] Beyond that, they are crossing their fingers and hoping that the extraordinary vigor of the American economy will survive all of the damage they have inflicted on it, and will rally by November.

That could happen, of course. But it seems like a rather poor bet.


Added on November 25, 2009, 4:25 pmuh oh... looks like hav to buy some position & rejoin roket party on gold stocks later tonite sweat.gif tight stop loss

http://www.bloomberg.com/apps/news?pid=206...ihKb_ykkg&pos=7

look at tis, i go find some copper stock, but any copper etf? those play forex, short or long dong whistling.gif

http://www.bloomberg.com/apps/news?pid=206...Yfg69TFNc&pos=1

on second thoughts, not entering gold as await pullback yawn.gif
wil buy & ride for jjc instead (copper etf seems stil got meat to speculate drool.gif )
clf can in too & target $69.94 (rtp target $300, but its mahal laugh.gif )



This post has been edited by sulifeisgreat: Nov 25 2009, 07:29 PM
danmooncake
post Nov 25 2009, 09:56 PM

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Last day of trading before Turkey day.. Less phone calls are coming in already.. biggrin.gif

Oh what do we have today. Initial Jobless claims dropped more than expected, therefore a boost to futures.

Longs - be careful, US employers are expected to lay off LESS during the holiday seasons. smile.gif
Don't be misled by the numbers. nod.gif



This post has been edited by danmooncake: Nov 25 2009, 10:47 PM

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