My bids for today

My SLM sold on the opening for 22.47, up 1.52 from my opening buy yesterday morning. I wanted to get rid of it before it hit resistance about .40 higher. Gary convinced me on junk, so I have a bid in on JNK at 45.97. MGM missed and the stock actually popped on the open, but is now down. I am very patient here and maybe the call later will shake some more out. I have an open order to buy it about 5% below yesterday's close, but remain flexible. I have traded VLO several times for nice gains and they are pounding the stock again on the downgrade. I may put in a bid at 47.39.

I am in from $6 and below...you may want to consider the name mentioned at the end of this thread..dips to $6 and below were gifts -

http://www.websiteto...post?id=2443030

best of fishing to Frank... I am also retired, but expect I put in more hours in the market than you do, for now.
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also, ck out MCIO for pure spec and high risk money..R at $2...the 3-yr daily is interesting chart..I am in from 1.60 to 1.64..this one is likely not a scam, and I have my reasons for saying this...much research is available on this one at:

www.undergroundtrader.com

Edited by hiker, 06 May 2008 - 09:35 AM.

Hiker, I had no idea you posted there. I added the stock to my Watch List. VLO traded down to 47.40, one penny above my buy, so I didn't get it. JNK had one small bid at 45.90, but my order was filled at 45.97, about where the ETF is trading now. IDTI looks like it may break 12 bucks today. I am still holding on to profits there. Outside of JNK and IDTI, I have no other positions now. Looks like I will have to wait much longer before scaling into MGM. I do keep an eye on BYD, so I may have to eventually make this my casino play. Heck, when I fly out there for a few days, I always end up staying in their Orleans Casino anyway.