Nissan 370Z Forum - Any stock day traders in here?

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i bought a **** ton of AIG when it was below 90 cents. but i dont have the time or extra cash to play right now. wish i did tho. its kinda fun and rewarding. maybe when i get better educated in the field, i will get more into it

Quote:

Originally Posted by RCZ (Post 217709)

I got a couple 50% gains in there, but I was being a nanny about it too. I hear you, it was the opportunity of a lifetime, but you can't really think about it like that because we really didnt know wtf was going to happen. We kinda still don't. There are some great deals out there though for the long run.

Whats really pissing me off is the day trades I coulve been doing that I havent because they are so risky, I gotta man up already, was looking to see what people are doing on here.

Well I had my eye on Ford for a while. I came ever so close to pulling the trigger at about $1.50 but never did it, then we got so busy at work I couldn't do any real stock trading with my personal money. Missed out on a pretty ridiculous trade.

Citigroup was also a good trade if you had the stomach for it.

I still think Ford is still interesting, but I think the major run is long gone and at this point you probably shouldn't buy unless you believe in the story and stay long.

I had the trade entered and didnt click send for ford at $1.50, please dont remind me.

I'm glad I'm not alone. That trade would have more than paid off my Z. :/

That makes three of us that chickened on the Ford trigger... :( I've had a string of bad luck though. I had a mutual fund that was up, but I didn't pay attention with SE Asia fell and that was that.

I'm clinging on to RIMM for a long term hold now...I had expected their earnings report to be better than what came out, and I got whacked this week.

Made $250 today in 5 minutes with LVS. (wouldve been $550 if not for a trailing stop I set)

Doing it again tomorrow.

made $278 across the board leveling out positions in wynn and hpq

i honestly think that CMI is now a 'buy' option.

^ Cool

Its really bothering me that LVS its up so much after hours. I want to get in right now, but Im afraid of what I'm gonna wake up to. I will just be patient and buy before the open tomorrow...

note that i'm thinking CMI as a long term hold. sorry if you misinterpreted that as a short term position...

CMI as in Cummins? Thompson has it rated at underperform on the long run.

Are you guys keeping your positions to below $5k? Just wondering.

right now? nah 10k for me for these quick ins and outs.

CMI is hit or miss for me. It may be rated underperform, but I'm comfortable in it because there needs to be an eventual ramp up in construction industries, which requires heavy machinery. And CMI has a big stake in the engines that run that type of equipment.

Yeah, if you want to play the housing recovery I guess its a good bet. I would play housing with something like a tol or a REIT.

whats everyone else doing?