Bullish stocks near support

[steelman]

Nog

NOG is getting ready to run again. It just went above 30 day MA. Stochastics and MACD have just come off the bottom and starting to turn up. It was almost to $34 last week on 3/7. I don't see why it can't get there again, quickly. I am still holding April $32 Calls

[steelman]

HOLY...$%&#^*@&*#&$( ??????

Wow, I take a day to run around and get some errands done, in my car most of the day, no computer, etc and I finally walk into my office. The market closed 30 minutes ago. WHAM, right there on the TV in our main reception area..."Stocks Plunge, DOW finishes at 11,984 down 228 points"

Blame it on Libya? What happened?

[steelman]

Wooish, just looked at their site. At first glance it looks pretty good AND they are offering 100 commission free trades when executed withing the first 60 days. I wouldn't hit a 100 trades but, I could go for 2 months of free trading.

[wooish]

Have u look at http://optionshouse.com/ ? their rate is incredibly cheap. I might try them out with small account.

[steelman]

Steel

Who's your broker for options trading? I'm looking for some cheap alternative to TD as I think they charged too much.

Wooish, I have been with Scottrade for a few years now. They charge $7.00 plus $1.25 per contract.

I heard thinkorswim has good rates. I know their platform is incredible. I use their papermoney account to look at charts.

This was from their website, The lesser of:
$2.95 per contract
OR
$1.50 per contract plus $9.95 (only one $9.95 charge for unlimited spread legs)

They say this works best for traders who generally execute single orders of 1-5 contracts.

[wooish]

Steel

Who's your broker for options trading? I'm looking for some cheap alternative to TD as I think they charged too much.

[steelman]

Wooish,

I think TIBX is getting ready to shoot up, according to the chart. I think it would have already done so but the oil spike has slowed our overall markets up.

I am rooting for you!!! If you get yours, I will get mine as well. I have March $25 Calls and May $26 calls. I am sure we can get our Doubles!!

[wooish]

Congrats, that's over 200%, take it and run. Past two days I saw my 60% profit on TIBX calls vanished but I'm not regretting yet as I'm holding for 100% gain.

[steelman]

EBIX sold

Well, today was a little bittersweet. I sold my March $25 Calls in EBIX. They were over $4 last week and it looked like this morning they were trading in the $4.30 to $4.40 range.

I sold them at the end of today for $3.50. I just don't know what this middle east crap is going to do to our markets. If I tried to hang in and get back over the $4.00 price and it tanked I would be so mad at myself for not taking profit. Plus time decay should start kicking in this week. The good news is that I bought on 2/7/11 for $1.10. 30 day trade. I still like the stock, the chart looks good but with options, you have to ride the MOMO!

[steelman]

Ebix

EBIX is on Fire!! It hit a 52 week high today at $29.08 and closed at $28.71 which is it's 52 week high closing. Oh yeah, Did anyone see the crapload of volume that came into this beast the last 4 days!?!?! Where is this beast headed?

[steelman]

Slv

I just added some SLV March $34 calls for a short term trade. The charts say the buy was around 2/3 or 2/4 about $27 ish. I don't like chasing but this one seems to keep moving up.

Price of oil is still rising, so Sliver should do well. I am going to try and make a quick 50% over the next week or 2. We need SLV to go up about a buck over this time frame. Wish me luck. Actually, since many of us have gold and silver stocks, best of luck and MOMO to all of us.

[steelman]

Quick update

Here are my current positions:

TQNT March $14 calls
EBIX March $25 calls
CVH March $31 calls
TIBX March $25 calls
TIBX May $26 calls
NOG April $32 calls.

[steelman]

I just bought some March $25 calls in TIBX thanks to $$$MM's$$$ new pick. I hope to ride a little MOMO from the last 2 days for 1-3 weeks on this play.

Just bought some TIBX May $26 calls about 5 mins ago.

[steelman]

Nog

Just had an order fill for NOG. I bought some April $32 calls. NOG just hit a 52 week high, it fits Canslim criteria. Stochastic just turned UP and it's above 50, MACD crossed above 0 yesterday and it's trading above 30 day MA. This thing will go UP from here unless Middle east crap keeps getting worse. Happy Friday everyone and have a great weekend!!

[steelman]

Update

I just bought some March $25 calls in TIBX thanks to $$$MM's$$$ new pick. I hope to ride a little MOMO from the last 2 days for 1-3 weeks on this play.