Understand. I would be interested how you make your trading decisions. Based on the limited stuff you posted, seems like you break virtually all the rules of short term trading. 15 trades a day seems like a total exercise in futility.
Stock Picks
- Thread starter Gyp Rosetti
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Understand. I would be interested how you make your trading decisions. Based on the limited stuff you posted, seems like you break virtually all the rules of short term trading. 15 trades a day seems like a total exercise in futility.
AXTI
bought some recently @ 5 - 5-1/2
took some profit @ 7 but bought again on a dip, seems to be doing well...
bought some recently @ 5 - 5-1/2
took some profit @ 7 but bought again on a dip, seems to be doing well...
My sentiments exactly. Klaus Kleinfeld can't stay away from corruption allegations. He had problems at Seimens and Alcoa has been charged with bribery, among other things.
The alluminum business will only get better with rising oil prices. Alcoa would be great if shareholders fire management and replace them with some competent folks. Go get Bill Doyle after the BHP deal gets done, if ever.
C l u t c H 385
Banned
Poor guy, I bet he was proud of that one.
C l u t c H 385
Banned
Like Karl Malone, I keep all my money in shoe.
This man might know what he's talkin 'bout. Short the 30yr bond futures and you may get seriously paid. Playing with 2x ETFs like TBT will screw you long term, but can be OK if you get some luck with the timing. If you size a futures trade appropriately it will perform much better (altho most people can't trade futures in their 401k etc.)
If it wasn't for paying the interest and coupon, you could short the long and short double etfs and make money regardless of what happens to rates. These are terrible at tracking and lose in the long run.
Gyp Rosetti
Banned
What's this trade under? I couldn't find it anywhere.
Anything thoughts on Citi? I know the government wont be out of the company until February or so, but I've still been adding to my position on the dips. Hoping it will rise quickly once they are out or a possible buyback by citi happens towards the end. Anything around (under) $4 seems like a good long term (3 plus year) buy and hold. Not a lot of exposure to the mortgage mess, with nice global exposure.
Long term holder of appl, luk, dlb, mkl, atvi, c, wfmi, ipgp, cost
Long term holder of appl, luk, dlb, mkl, atvi, c, wfmi, ipgp, cost
Are you an idiot?
Furthermore, any sane person who comes to a basketball forum looking for stock picks deserves to lose all their money and gain weight. At the very least you should prescribe to Motley Fool's valuation system. At the very ****ing least.