US Stocks

[stockman09]

Pgc

Wat do u guys tink of PGC.

[stockman09]

fall

I think it will fall to 5 bucks or so in next month or two.

[Stuck]

fas?
I believe it will go wild next week.

[stockman09]

also

I like VZ(verizon communications).

[stockman09]

u

Unbelieveable,I LOOOVVVVEEEE,AIG for BUY.

[stockman09]

x

I like x on the daily,i'm guessing it should go above 30$.

[Stuck]

Feel free to ask me to buy or sell a stock.

I have some in X and got some BAC today(before goldman earnings report). Any outlook on how far they can go? (X has ALOT of ways to go imo, its dirt cheap even compared to 2 months ago. but then am a newbi in this)

I wana sell X after it reaches 50ish, BAC @ 20ish.

[stockman09]

hgsi

I'm buyin' HGSI,for about 10-20 cents,i know it will probably go against me for a while,but,i will not let it go against me more than 20 cents.

[stockman09]

f f

Feel free to ask me to buy or sell a stock.

US Stocks

The positive correlation between US stocks and the dollar has seen a turnaround, and this is unlikely to reappear in the near future, says Niels Christensen, senior currency strategist at SG in Paris

[ajc3388]

Stopped out UVE at 3.44 Purchase price 3.45. I scaled my stop loss up as I gained money, so a total loss of 14$.

Whether I was wrong in my analysis or not, I'm not sure. It seems markets just got massacred this morning.

[stockman09]

good

I guess that is what this forum is for.

[ajc3388]

absolutely. I'm working on a candle stick charting swing trading strategy, it involves entering when the price is between the 30 day SMA and 10 day EMA. (under 30 SMA and above 10 SMA). This is referred to as TAZ (Traders Action Zone, coined not by myself but over at swing-trade-stocks.net), typically where pullbacks occur.

So the stock was in the TAZ, and in an uptrend, allowing me to go long. Then the candle stick that you noticed as well on 2/20 that was a bullish hammer. I would've entered the day after had there been bullish confirmation (an up day following the hammer). There was instead a down day. So I waited until the following up day to enter. In addition it seems to have bounced off support. So the hope is that UVE just had a brief pullback and will resume course on its uptrend since mid November.

again, this is a new strategy, and I'm a fairly new trader. take all this with a grain of salt. im just hear to learn =)

[stockman09]

b

May I ask why u bought?

[ajc3388]

im actually still in UVE. see no reason to sell, managed to be up 2 cents on the massacre Friday. Seems to be moving independently of market direction. And the chart looks good, its approaching resistance at the 3.75 level, but if it can manage to break through that there's not too much resistance upwards. Plus its got the benefit of the ~3.40 and ~3.25 support now.