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Old April 4th, 2008   #201
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Default Re: The HL Investment Challenge

I am not going to mess with it at all today and just let things ride... I keep selling a few of these to buy these and just trying to micromanage it (costing me trade fees) when I should just leave it alone.







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Old April 4th, 2008   #202
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Default Re: The HL Investment Challenge

Quote:
Originally Posted by Reloadron View Post
A lesson in quit while you are ahead or pigs get fat and hogs get slaughtered. Take the money & run.

Ron

I bought more...gonna do it again.....think I have the timing down now...key word "think" gonna be eating pork maybe..hey I like pork!
EDIT: it's taking longer to buy this time...and the stock is rising :( time to sell and didnt get it yet.
I gained 2/10 of a % +1.27....now im done!




Last edited by oldman_gamer; April 4th, 2008 at 07:36.
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Old April 4th, 2008   #203
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Default Re: The HL Investment Challenge

oldman_gamer ... your trade costs are eating you alive.

Here is there stock screener.
Free Stock Screener

It is very anemic ... but if you stick to companies that trade over 1M shares daily and have EPS [Earnings] of 10 or less ... and tighten up a few other criteria ... you'll find a dozen or so stocks that have stability and promise ... both.

Plus ... it is really better to look at the charts and indicators under the advanced tab on Marketwatch charting and look at indicators like MACD and RSI then set it to 1,2, or 5 days and a 15 Minute Chart.

The thing about charts is they not only tell you where the stock "may" go ... but they indicate what the traders with money will choose before they choose the trade. They use fundamentals, research and Technical analysis of the charts and decide accordingly.

In the bluechip stocks and with under a 1M trade acct it is best to be like a little parasite fish that swims around the "Big Sharks" and eats the leftovers of their carnage.



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Old April 4th, 2008   #204
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Default Re: The HL Investment Challenge

I was watching XOM for couple days.....Chevron as well....they are almost predictable at this time,as long as you dont keep them for the long haul,and sell when they are on the rise to a spike.I tried it 2x today and bingo.I want to see where they come in latter today,hopefully low,so I can buy and sell on the spike again.
Problem is,I am home,due to the weather (rain)....otherwise,I have been woking every day (12hrs Wed) and won't be here to buy and sell....so I need to take it when I can.I don't have alot of time to read everything so blind I go LOL.Can't go too wrong with big oil @ this stage of the game,and a +pos sale,is a GOOD sale!
Thanks for the info. though.



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Old April 4th, 2008   #205
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Default Re: The HL Investment Challenge

I can't do any trading while my PC is down or see how I'm doing.

-posted from my parents' PC




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Old April 4th, 2008   #206
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Default Re: The HL Investment Challenge

WOO HOO!!! Top ten baby!!!



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Old April 4th, 2008   #207
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Default Re: The HL Investment Challenge

TOP 30!!! Doesnt quite sound as impressive as top 10.....




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Old April 4th, 2008   #208
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Default Re: The HL Investment Challenge

Damn Sameer, you're running away from everyone today!



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Old April 4th, 2008   #209
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Default Re: The HL Investment Challenge

Quote:
Originally Posted by gvblake22 View Post
Damn Sameer, you're running away from everyone today!
He learned that at an early age, he had some horny uncles.




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Old April 4th, 2008   #210
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Default Re: The HL Investment Challenge

we will see how well it goes once Circuit City deflates







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