IIC's Winners Watchlists

[IIC]

Heldover TZIX...avg cost 18.28 so I'm even

[IIC]

Stop wasn't hit on TZIX...yet

Traded QID 4x this morning...was done by 9am PST...Worked out well

[stenzrob]

Looks like I shoulda held QID over:

INTC dn 14% after hours:

Doug, I've been holding QID since I sold my stock positions and bought it on 1/15. This was a bit of a risk for me, since if I sell QID before those other sells settle, they will slap a trading restriction on me making me wait to buy until sell trades settle. So, I really needed QID to not drop until at least 1/18. I believe we're starting a real bear - profits on the long side will be getting more and more tricky. Good luck to you, sir.

[IIC]

Doug, I've been holding QID since I sold my stock positions and bought it on 1/15. This was a bit of a risk for me, since if I sell QID before those other sells settle, they will slap a trading restriction on me making me wait to buy until sell trades settle. So, I really needed QID to not drop until at least 1/18. I believe we're starting a real bear - profits on the long side will be getting more and more tricky. Good luck to you, sir.

I lost 20 bux on a long hold on QID last year...That was my own fault tho.

Right now I feel very comfortable day trading QID and QID...Without checking I believe I've made $$$ on every one of my last 15 or so dt's on those 2...Seems like the only thing that's working for me this year.

I've found that if I wait till the conditions are just right instead of trying to anticipate I do well overall on these dt's...been doing it for a while...Not every one has turned out profitable the last 3 months but it has been good and the losers have been very small losses.

As far as selling a stock bought w/ unsettled funds...I've done that before in my wife's IRA...It was better than losing my shirt...All that happened was my wife got a nasty email telling her she was gonna get 5 to 10 if she did it again....LOL...Actually, she did get the stern email but I believe it said her account could be sunbject to a 90 restriction if it happened again...But she got be back...By selling some SWA vouchers of mine via Craigslist she got me put on Frequent Flyer probation.

[IIC]

Maybe I won't get so many misses on the ETF's next year...Sometimes it is tough:

NYSE Euronext To Buy Amer Stock Exchange For $260M In Stock


will acquire American Stock Exchange for $260 million in stock, in a move to boost its overall trading volume. NYSE, the New York equities exchange, said it expects the acquisition, expected to close in the third quarter, to add to 2009 full-year earnings and expects run-rate cost savings of more than $100 million. Shareholders of Amex will also be entitled to additional NYSE shares after the sale of Amex's lower Manhattan headquarters

[IIC]

[stenzrob]

I called the bear officially at 7:33pm Eastern time yesterday, like 3 hours before you.

Why are you so slow to see these things?

[IIC]

I called the bear officially at 7:33pm Eastern time yesterday, like 3 hours before you.

Why are you so slow to see these things?

Actually I called it last March...But I was 10 months early

[New-born baby]

What took you so long?

[New-born baby]

What took you so long?

[skiracer]

I wouldn't go so far as to call it a BEAR market just yet. A definite Descending Triangle pattern on the $SPX daily chart illustrates the current downtrend as shown here about 2 weeks ago and gives evidence of the call at that time. The $SPX has fallen 227 points since I posted this chart. And right underneath are the annotations accompanying the chart. I would call it a downtrend but to say it's a bear market for the next 6 /12 months might be stretching it a bit. Remember an election is coming up and the current adm. has to straighten out this economic mess if the want to stand a chance against the Dems.




1/08: I see an overall continuation of the 'Descending Triangle Pattern' but within the pattern will be points where it possibly reverses, very good chance percentage wise right here, with a bouce back up to touch the top line again. As you see it has happened several times already within this triangle. If you look at the bottom horizontal line you will see it does the same as at the top when it touches it and reverses. I think the chances of a boucce back up right here is decent and if it does it could provide several long setups but overall the trend still seems to remain within the Descending Triangle pattern and a continuation of downward overall until shown otherwise by the market itself.

I'm showing a different pattern on the $INDU. The head and shoulders pattern is definitely there and was brought to my attention initially by our own super chartish and technical analyst Spike giving credit for the head and shoulders pattern where it is due. Both patterns are BEARISH formations. The $INDU was posted a day after the $SPX chart and the accompanying annotations are below the chart. The $INDU has fallen almost 1800 points since I first posted this chart and suggested the downtrend in the $SPX and the $INDU.



1/09: I'm putting the INDU back up just to show the parallels between the two indexes and to be able to show a different chart pattern if one is there. The two indexes are almost mirror images of one another. I have shown the Descending Triangle on the SPX and the Head and Shoulder on the INDU. Both bearish. Amazing the similarity in the chart patterns.

[IIC]

Traded QID for +.41...But I broke all my rules which I'm not too happy about

[skiracer]

Traded QID for +.41...But I broke all my rules which I'm not too happy about

You're not alone. I've been saying that the trend is down and I pushed the envelope on those two long positions in GEHL and WIRE. Foolish buying long into an evident downtrend with those two. Just exited both. GEHL @ $16.30 and Wire @ $15.90. I'm on the sidelines for a bit just to see where this goes.

[IIC]

Traded per plan this time +.36

Unfortunately...I cannot post in a timely manner because I have to watch every tick

[stenzrob]

Actually I called it last March...But I was 10 months early

What is it they say ? Something like, "Economists have called 10 of the last 4 recessions."