Sold my 500 DRV @31.98 for 1 point profit.

wow, a day trader.

Any comments on DUG and SRS?

Not touching SRS at the moment. Been burned by it before because the tracking system is wrong.

DUG -> sigh, not much movement today.
ERY -> same here, I 'm expecting the worse than expected inventory numbers to move this up. Maybe have to wait another day or so.

Bull running ahead of Bear. What a joke. Reminds me of KLSE CI..

Hmm... AIG seems to be clawing upwards.
Up USD1.95 (5.42%).
I wonder what they're cooking up now.

nothing, just pure money making machine. very volatile. Dare to enter?

What's happening to AIG? Why is it up? Damn. I just short it before it went up.

Financials want to bounce back... C and BAC made some moves.

Jumped into FAS for quick buck: 300@67 with trailing stop 0.5

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Added on September 3, 2009, 2:00 amOpps! Got stop out at 67.30
Only 30cents small profit.

This post has been edited by danmooncake: Sep 3 2009, 02:00 AM

Staying at the sidelines atm.
Don't wanna get slaughtered yet.

"AIG increased 5.1% to $37.83 after China Strategic Holdings Ltd is interested in acquiring 60% stake in Taiwan based Nan Shang Life Insurance Co controlled by AIG. China Strategic filed with the Hong Kong Stock Exchange to raise HK$7.6 billion to pay for the stake. "

& for vonage investor

"Vonage Holdings Corp surged 29.3% or 42 cents to $1.85 after the Internet phone telecom carrier said that Apple Inc approved its mobile application for iPhone and iPod devices. The availability date of the application has not been released. Recently Vonage also released world unlimited calling plan that includes 60 countries for $24.99 a month."

Advise for the Applied Materials, Inc (AMAT) ?

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Added on September 3, 2009, 8:05 amYesterday result
C: 4.56 +0.02 (0.44%)
BAC: 16.27 -0.18 (-1.09%)
FAZ: 27.25 +0.86 (3.26%)

This theory (If C or BAC moves 1x, they move 3x) seem not correct

This post has been edited by eslife: Sep 3 2009, 08:06 AM

What is 'trailing stop' mean?

FAZ is the bear side (inverse). You need to see FAS (bull side) if you wish to compare to BAC or C, which is the underlying stock under this index. There aren't exactly the percentage ratio but closer to BAC more than C.
Again, do not trade FAS/FAZ unless you know what you're doing.

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Added on September 3, 2009, 9:28 amIt trails the current price by a) percentage or b) points or price
It is used to protect your profit.
For example if price rises, the sell limit order adjust itself automatically and trail below the current price.
Very useful as exit strategy tool in volatile market.

More info:
http://www.bmoinvestorline.com/WhatsNew/trailingstop.html
http://beginnersinvest.about.com/od/invest...cktrading_8.htm

This post has been edited by danmooncake: Sep 3 2009, 09:33 AM

GHz,
where did you get your news or info from? I'm always clueless about stock price movement.

- thestreet.com
- online.wsj.com
- foxbusiness.com
- google finance
- yahoo finance

That particular news coming from http://www.ticker.com/market-update/AIG,-N...age-Rise/34374/

@ danmooncake, stock market also got stop loss like forex? lol. I didn't know that. still a newbie

btw, which platform you use for trading US stocks? Can recommend any?

TD Ameritrade.

Thanks danmooncake. In optionsxpress, there is alot of option in buy/sell columm. Including the trailingstop. That make me

Yes..US brokerage trading tools are more sophisticated than KLSE brokerage.

I like TD AmeriTrade because of its tools and it has patterns searching and so forth.