Any stock day traders in here?
 

Anyone day trade around here? I wanted to see what some of you guys are doing, maybe we can all make a little mod money on the side if we combine ideas. :)

Looking at PLX for a quick pop on the open tomorrow.

this month i'm a bit slow as i'm loaded with work, but i did get in on WYNN in anticipation of macau IPO oct. 9

when things get a little quieter, i'll get more active on the stock market again.

hmm wynn, I like their casinos, but I prefer LVS when doing trades.

some more thoughts for tomorrow:

WAG
TNB
AF
LNET
ITUB

Newegg ipo has been announced :)

LVS is good too, but i'm making a living off of the hype from wynn's macau holdings IPO :)

WAG? walgreens? eh...I haven't been following, I sold that off a while ago. What's the news on them?

Interesting, will keep an eye on that.

Earnings came in better than expected even after sale were a little bit meh. Rallied 9% today...all indicators look good for more love.

Looks like LVS is due for a pop too...oversold.

What do you think of RIMM's fall from grace after less-than-stellar profit earnings?

I need to do my homework in the sector, but I'm looking at now as a decent time to buy if you're looking for a long-term hold. (I know you said day trader, but eh...?)

I haven't been following RIMM, but from what I've read just now it seems like their growth is expected to slow and that it may not be the best time to jump in. Price target is 87 for 12 months... I think there are better choices. There's a chance you might see a short term pop there too though, that was a huge drop and there may be some corrections..

that's what i'm thinking, but i still think it's a good time if you want a buy and long term hold. i don't see the blackberry fading anytime soon.

I get paid to do it. :)

^ Yeah I quit Morgan Stanley 3 months ago, its not rocket science.

You got anything interesting to contribute?

I can't really talk about much on the stock side... you know the drill. The stuff you guys have already mentioned I'm personally not covering anyways.

Broader market stuff... sure. I think overall we're at an interesting point right now having just crossed the 400 day moving average, which is always interesting after a hefty decline. I'd say that even though volume is light things can still get freaky in a hurry. Very short term I'm somewhat neutral... I half-expect a bit of a consolidation/correction on into December but know it could just as easily go the other way. We'll see what earnings bring... I have all sorts of theories on what can happen or what's likely to happen, but as the last six months or so have taught everyone... you can have your ideas and assumptions but at the end of the day you just have to follow the tape.

Long-term I am very bullish... and I think everyone will agree that long-term is really what matters. These are awesome times to be buying the market.

Wish I had more time to handle personal investments... I'd have made **** tons... but I have no prob with where I'm at for the year. :tup:

I wish all of you guys luck and hope you stay on the good side of the trade. :tup:

hehe thanks and yeah I do know the drill unfortunately.

Unfortunately what you are telling me now is the same thing I wouldve told you a month ago. That feeling that everything can go to hell in a day is exactly why I've been very cautious, but frankly im tired of not having any fun. That is why I'm more interested in day trading than long term right now. I know its a great time to buy long term, but I'm young and can absorb losses now that my liabilities are still somewhat limited.

Right now I am so busy with the new Job that I barely have time to look at the market anymore and I'm getting a little frustrated about having money sitting there.

I know you are trying to help, but you know that broad market sentiment is just that. Its a little frustrating, but rules are rules ;)

Oh and Im not covering any of the stuff I mentioned lol. I'm going solely on technical indicators and market momentum here. I don't care about the company, only about what its going to do tomorrow from 930 till 4 and very current events..

Everyone keeps waiting for that correction that's supposed to happen. There is so much money on the sidelines just waiting to pour in, but they never get that 10 or 20% down they keep expecting.

It's frustrating, and as much as I hate to say it, we are working our way into a "new normal."

IMO your best bet is to go long... build a diversified portfolio and just dollar cost average your *** into retirement. I look at returns on some of the mutual fund buys I made back in feb/march/april and just :eek::eek: wish I had gone all-in!

There are some stock trades I really wish I was able to get in on. Some I was watching closely but never pulled the trigger... and we're talking trades where the first thing I would have done was buy a GTR when I closed out. Missed some big opportunities because of either work conflicts or just being a nanny... but still it's hard to argue with being up 60% for the year thanks to some well timed mutual fund buys. :icon18:

Still waiting for the big fish... the trade that is going to secure my very early retirement. Aren't we all, though... :roflpuke2:

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.