LAZY DOG Picks

[Deaddog]

Buy G @ 19.92
Breakout on above average volume.

[Deaddog]

Yup got hit. Got out a few cents from my planned stop.

EDIT: Back in @ $ 40.02 Stop = 39.5

Out at 40.66

Normally I'd hold this but gotta be away for a couple days. Too gappy(is that a word?) to place hard stops.

[Deaddog]

I’m still holding SDS; came within a couple cents of being stopped out today. Probably get hit on Monday.

Yup got hit. Got out a few cents from my planned stop.

EDIT: Back in @ $ 40.02 Stop = 39.5

[riverbabe]

Well that seemed to work! The market has recovered the last couple of days. I'm amazed at my control over the market and how my taking a small position can influence all the other traders in the world.

Actually you may be surprised to know how right you actually are! See the charts and commentary here. http://stocktiming.com/Friday-DailyMarketUpdate.htm (it's free and public, Karel).

"...Last Friday, we showed and discussed the daily Net of the Institutional Buying and Selling activity.

Below is a recap of that discussion, FOLLOWED by two charts. The SECOND chart is the updated chart as of the close yesterday:
Discussion recap: Why is the "Net" important? Because it is just like your checking account. If money is going in faster than the outgo, then you have a nice positive balance. However, if the amount of money flowing out is faster than the amount coming in, then you are drawing down your account and it will eventually go to a negative balance if you don't curtail your spending in time.

So the Net Accumulation/Distribution chart behaves the same way. Check out the chart below ... on May 21st., the trend lines on the Institutional Accumulation merged and that was the peak close during the past week. (The next day, the Accumulation started a down trend which meant that Institutions were continuously decreasing their daily buying.)

That left the buying from retail investors to keep the market up by themselves. Since Institutional Investors own over half of all the stocks, that is a pretty tall order for the small guy.


(FYI: Some subscribers are enamored by the Institutional Accumulation/Distribution trending and use the trending information as the basis for their buying and selling signals because they have learned that going against the big Institutional Investors usually gets them into trouble ... the chart is posted and updated daily on the Standard subscriber site.)..."

[Deaddog]

Sold TE. PLC, AOL, &GNTX all for small losses. (less than 0.40% of capital per trade) but it adds up. Not the way I wanted to start June. Maybe it’s the markets way of telling me I shouldn’t post my trades.

Buy SDS;

Maybe that will turn the market around.

Well that seemed to work! The market has recovered the last couple of days. I'm amazed at my control over the market and how my taking a small position can influence all the other traders in the world.

I’m still holding SDS; came within a couple cents of being stopped out today. Probably get hit on Monday. I certainly hope that my being stopped out won't cause the market to turn around again.

[Deaddog]

Sold TE. PLC, AOL, &GNTX all for small losses. (less than 0.40% of capital per trade) but it adds up. Not the way I wanted to start June. Maybe it’s the markets way of telling me I shouldn’t post my trades.

Buy SDS;

Maybe that will turn the market around.

[Deaddog]

Gntx @ 23.14

[billyjoe]

Eh !

----------billy

[riverbabe]

sorry, didn't mean to do this

[Deaddog]

Deaddog, Mrs. billy also born May24th. All the greats on the same day ! What are the odds?

--------------billy

Is her name Victoria?
Up here it used to be called Victoria Day.

[billyjoe]

Deaddog, Mrs. billy also born May24th. All the greats on the same day ! What are the odds?

--------------billy

[Deaddog]

Swing trading implies you're trading long and short, and "stop trading". Are you? Yup, you're lazy alright. Everything great here thanks. Life is exciting. Belated 24th of May greetings.

I don’t know about “Lazy” I prefer to think about it as being efficient.

I primarily a long side trader as the Canuck Tax laws treat short sales differently than long positions. When the market turns I trade the inverse ETFs.

What is Stop Trading?. If you mean I enter and exit on stops then that’s me. It is “Efficiency” at its finest or “Lazy” depending on your point of view. I endevour to work “Smarter” rather than “Harder”

Yep me and Her Majesty celebrated Queen Vicky’s birthday yet another time. And a belated happy Mothers day and Memorial day to you.

[riverbabe]

No Babe, I’m swing trading. If I buy and sell on the same day it’s cause my stop got hit.

I day traded for a bit but it takes up too much of the little time I have left. Now I do my scans at night, place orders in the morning with stops attached, head for the golf course and see what transpired when I get home in the afternoon.

Swing trading implies you're trading long and short, and "stop trading". Are you? Yup, you're lazy alright. Everything great here thanks. Life is exciting. Belated 24th of May greetings.

[Deaddog]

Now I sees. You are basically day trading except you are "lazy" and let your stops do the work for you. And you are not, most probably, technically a day trader. For the small percentage you make/lose on each trade, you might be doing better by really dt'ing, make your percentage by 10AM, go out golfing for the rest of the day with loose change in your pockets. Not being critical here at all. You're comfortable with what you're doing, more power to you. (lol, my turn )

No Babe, I’m swing trading. If I buy and sell on the same day it’s cause my stop got hit.

I day traded for a bit but it takes up too much of the little time I have left. Now I do my scans at night, place orders in the morning with stops attached, head for the golf course and see what transpired when I get home in the afternoon.

Some stuff I hold for a while but if I guess right, and believe me it’s a guess, then I’ll usually be out of the trade in 2 weeks or less. I used to let stocks ether run to the target or hit a stop but being greedy I’m leaving a winning trade go past the target and moving the stop up a little each day now. (The old let profits run thingy) I hate giving up paper profits. My big thing, and it’s worked so far, is getting out quickly and keeping losses small.

You’ve been pretty quiet lately, how are things with you?

[riverbabe]

Now I sees. You are basically day trading except you are "lazy" and let your stops do the work for you. And you are not, most probably, technically a day trader. For the small percentage you make/lose on each trade, you might be doing better by really dt'ing, make your percentage by 10AM, go out golfing for the rest of the day with loose change in your pockets. Not being critical here at all. You're comfortable with what you're doing, more power to you. (lol, my turn )