Bought SMCI, SIAL, FTO, ANGO, UEIC, YTEC, TCM, SDTH this morning already....
Buying stocks with both hands.
Started by
ogm
, Sep 10 2007 08:51 AM
19 replies to this topic
#2
Tor
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Posted 10 September 2007 - 09:02 AM
Bought SMCI, SIAL, FTO, ANGO, UEIC, YTEC, TCM, SDTH this morning already....
we too! oive just been looking at some charts and we may be at some major shupport!
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#3
NAV
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Posted 10 September 2007 - 09:09 AM
Bought SMCI, SIAL, FTO, ANGO, UEIC, YTEC, TCM, SDTH this morning already....
Oqm,
You recently mentioned you had 100+ stocks in your portfolio and you are adding more. Do you get a chance to look at the charts of all these stocks even on a EOD basis ? Are these trading positions or LT investments ?
#4
ogm
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Posted 10 September 2007 - 09:13 AM
Bought SMCI, SIAL, FTO, ANGO, UEIC, YTEC, TCM, SDTH this morning already....
Oqm,
You recently mentioned you had 100+ stocks in your portfolio and you are adding more. Do you get a chance to look at the charts of all these stocks even on a EOD basis ? Are these trading positions or LT investments ?
IT positions, several weeks/month hold. I only look at a few charts that I'm heavily weighted in like GIGM or AOB , don't even look at the rest, unless alerts trigger. I have some "wishful thinking" exits set up on quite a few, and stops.
Otherwise, its all noise. I'll go crazy looking at everything intraday.
#5
phineas_gage
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Posted 10 September 2007 - 09:18 AM
Not to be a jerk, but everything I'm seeing is saying head for the hills.
I'm short, so take with salt, but the names I've been working are GT, HDI, WM, TIF, COH, AAPL, MA, and STT. They seem to have high beta on big negative tick readings and also have thematic fundamentals relating to a widespread commercial and consumer deleveraging. Hopefully we can both make money regardless of what the tape may bring.
#6
ogm
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Posted 10 September 2007 - 09:22 AM
Bought SMCI, SIAL, FTO, ANGO, UEIC, YTEC, TCM, SDTH this morning already....
Oqm,
You recently mentioned you had 100+ stocks in your portfolio and you are adding more. Do you get a chance to look at the charts of all these stocks even on a EOD basis ? Are these trading positions or LT investments ?
IT positions, several weeks/month hold. I only look at a few charts that I'm heavily weighted in like GIGM or AOB , don't even look at the rest, unless alerts trigger. I have some "wishful thinking" exits set up on quite a few, and stops.
Otherwise, its all noise. I'll go crazy looking at everything intraday.
Not to be a jerk, but everything I'm seeing is saying head for the hills.
I'm short, so take with salt, but the names I've been working are GT, HDI, WM, TIF, COH, AAPL, MA, and STT. They seem to have high beta on big negative tick readings and also have thematic fundamentals relating to a widespread commercial and consumer deleveraging. Hopefully we can both make money regardless of what the tape may bring.
Just curious, why those particular stocks ? That list is pretty much what everyone wants to buy on dip, except for GT, HDI, WM.
TIF sales doing great, COH too. AAPL I can understand, kinda.
but MA and STT are some of the strongest financial stocks.
STT is like an ETF tollbooth, collecting money from fund flows.
#7
zman
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Posted 10 September 2007 - 09:23 AM
Bought SMCI, SIAL, FTO, ANGO, UEIC, YTEC, TCM, SDTH this morning already....
Oqm,
You recently mentioned you had 100+ stocks in your portfolio and you are adding more. Do you get a chance to look at the charts of all these stocks even on a EOD basis ? Are these trading positions or LT investments ?
IT positions, several weeks/month hold. I only look at a few charts that I'm heavily weighted in like GIGM or AOB , don't even look at the rest, unless alerts trigger. I have some "wishful thinking" exits set up on quite a few, and stops.
Otherwise, its all noise. I'll go crazy looking at everything intraday.
I would not buy stocks this week period...but as you say you more LT which is fine...but this week we will see the es trading at 1430/1415 probably tomorrow..
Education is the best defense against the media.
#8
tommyt
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Posted 10 September 2007 - 09:26 AM
As you know, I have been leaning to the bull side recently, but I have to think that the market can't "release" itself from these interest rate handcuffs till the fed meeting announcement/broker earnings next week. People are waiting for the magic "all clear" if there is such a thing from the magical wand of helicopter Ben.
#9
traderpaul
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Posted 10 September 2007 - 09:27 AM
Just another gap and crap type of day.....Buying with both hands?.....You must have deep pockets.....Not picking on you.....If you turn bearish.....That will be da bottom.....Bought SMCI, SIAL, FTO, ANGO, UEIC, YTEC, TCM, SDTH this morning already....
Edited by traderpaul, 10 September 2007 - 09:31 AM.
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay
#10
ogm
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Posted 10 September 2007 - 09:33 AM
Just another gap and crap type of day.....Buying with both hands?.....You must have deep pockets.....Not picking on you.....If you turn bearish.....That will be da bottom.....Bought SMCI, SIAL, FTO, ANGO, UEIC, YTEC, TCM, SDTH this morning already....
Or you can take a look at the stuff I'm buying, and maybe make some money
YTEC will be a very large position for example. Half of the market cap in cash, no debt, huge growth.
P.S.. Put/Call is flying again this morning. Everyone is betting on a crash here. $WPCVE at 1.2
Edited by ogm, 10 September 2007 - 09:43 AM.
