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I'm watching 170 stocks right now, and only 30 of them are green. That's under 20%. It'll be nice to get this market turned around here pretty soon. None the less still made a couple good moves this morning with HYPD. BIOHF and UTYW still strong from last week too. Making bank when the rest of the world isn't, that's us.
I wasn't sure if he liked State, I know he's a big Tar Heel fan. I just love watching the comeback, the underdog, and the upset. You learn to like it being a seattle sports fan.
Vandy Pulls it off against NC State in probably the best comeback of the tourney thus far. #6 seed Vandy knocks off NC State and is headed to the sweet 16
vandy might shock NC state
anyone watching this???
Turning Down Markets into Up Portfolios.
In bearish markets my overall strategy recently has been to take quick scalp plays, and its worked well for me thus far.
These have been some of my sell criteria to avoid getting stuck in a bad play that may only be compounded by current market conditions.
1. Sell half at first sign of weakness in level 2 above a 5% gain.(I lock in a profit this way, which puts you ahead of the game in these conditions)
2. Hold nothing overnight that doesn't have a very strong last hour. (there are still gappers right now, in stocks with momo, but if your stock loses momo late in the day, you're more likely to open below your close)
3. Break even stop loss put in place once trade is profitable.
4. Sell any stock that false broke and fell back below resistance before I could implement my break even stop loss, at the end of the first day.(again to protect against the gap down.)
5. Any multi-day profitable trades to be stopped out on breaks of previous days lows, breaks below 5DMA, or sold when it feels like an unpenetrable resistance has been met.
Let me know what you guys think. Things like this are not concrete, and are different for every trader, and change as the market changes. Just something that has been working for me as of late.
Omni, through the first round, this was close to being a record for fewest upsets. In the second round however, these mid-ranked teams are really showing their stuff. That's a couple twos, a one, and I think a three, with a four gone in the first round. Starting to rank pretty high on the Madness-o-meter
I was going to type what EVO typed. Its the best thing you can do.
Frankie: Depending on your broker, if you set up a margin account, you can flip funds as often as you like.
They lost? I've been gone all day. I'm going to look it up right now.
I'm not sure. I wanted to see Manhattan pull thier game off. I'd like to see UAB give Kentucky a "run" for their money. I think I'll support St. Joes. I think its cool such a small school can have as great a year as they have.
Thanks. I'm still a little leary on triangle breakouts, I'm just feeling like the market isn't letting things run a whole lot, so I've been scalping breaks of previous highs, but these two looked pretty sweet.
ILA
IESV
Yeah, its just tough to see it happen when its the team you're pulling for. These college kids play so hard. I want to know when we lost that in the pros, because it used to be that way, but now, in the era of guranteed contracts, its not. A local columnist wrote an article about it, and suggested that each NBA front office have the opportunity to terminate one contract per year and essentially cut the player if they felt he wasn't living up to his contract, or if they got injured to the point they couldn't ever play againg. See what grant hill's contract has done to the Orlando Magic? Its just so hard with a cap to pay a guy that much for nothing. I love grant hill, and want him to come back, but geez.
I don't know if I'd call it consolodation, but its the kind of stock I would put on a volume alert as well as on an alert for a break of .8. I think it could run large if it just got going.
I can't believe that. Nevada played out of their minds, and the refs were doing their part too. Well, back to stocks. And back to being a casual basketball fan till the final four.
HERE WE GO ZAGS. WE got the MOMO
Refs are killing me
Yeah, I'm a fan of a guy taking a good charge every now and then, I think its pretty exciting. But it can really get guys in foul trouble quick, and it seems like the kind of call the refs seem to really get into (ie. Leslie Nielson being the up on Loaded Gun).
Lets get this down to about 12 or so before halftime.
good point, but what's that mean?
We just had an omni 50% rule at 18 - 36. Looks like we're bouncing off it nicely. What else is new?
I'm in Gonzaga at 16, just set a break even stop loss.
I'm buying Gonzaga here on a bottom reversal. The technicals don't look all that great, but they're incredibly undrevalued at this score.
Nevada's looking good man.
DC, on MSHI: I like to pay attention to the dollar volume. I mean, if this thing were .045 it would have traded 7.8 Million shares.
Paulk:
It's priming for an Aroon crossover. I think we'll see it by middle of next week, if not monday. Its sure to cross bullishly before breaking the previous high. Good call though, I wouldn't go in till it does cross.
They're my team now that the dogs are out too. Right on Omni, I'm gonna take a break from life for about an hour
It came down to that crazy three pointer, and that great take of the charge. The block was nice too. Best game i've ever seen. yeah, hats off to UAB, I hope they run circles around Kentucky. This Washington team is going to be a good team next year. I look forward to it.
yeah, but I'd still love this miracle
we need some more time on that clock
Still the best game i've ever watched. The pros aren't like this. And among college games, this was just so intense
It would take a true miracle now
NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO
come on
we need a miss
that was the cleanest block I've ever seen
Dude, this is just an incredible game
I love this game. Wow.
we need one more miss