As Web's World Turns

[DSteckler]

<< It's much more fun to profit from a short play than a long play.... Not exactly sure why?.... >>

A dollar spends the same way whether you made it from a long play or a short play. You in this for the fun or to make money?

[Websman]

<< It's much more fun to profit from a short play than a long play.... Not exactly sure why?.... >>

A dollar spends the same way whether you made it from a long play or a short play. You in this for the fun or to make money?

I have to admit that I do get a big kick out of trading, so I guess it is for fun. Making money is a benefit.

[Websman]

DSteckler, what do you think of SPIL here?

I thought about buying, but that 50 day MA looks like it could be the support to me.

[DSteckler]

SPIL is starting a series of downward continuation gaps, Webs. I agree, the 50DMA should be support but it might find support a little above that, around 6.10, a 50% retracement of the October - January climb.

[DSteckler]

<< I have to admit that I do get a big kick out of trading, so I guess it is for fun. Making money is a benefit. >>

Nothing wrong with that! If you're not having fun with what you're doing, why do it? OTOH, some people do this for a living or earn an income from trading the market, so they tend to look at it more impassionately.

[Websman]

I'm watching BTUI drop below the 50 MA, and am considering taking it long...

[Websman]

BTUI had a gap up in October. It could fill that gap at 12.42.

[DSteckler]

<< I guess it is for fun. >>

A Vulcan having fun? How illogicol....<g>

[Websman]

<< I guess it is for fun. >>

A Vulcan having fun? How illogicol....<g>

Vulcans know how to party.

By the way...what the heck does "<g>" stand for? I'm not very good with abbreviations.

TFYH! SWTIV,

[DSteckler]

<G> = Grin
<BG> = Big Grin
<VBG> = Very Big Grin
<SEG> = figure that one out yourself <BG>

Also, see http://www.anapsid.org/internet/smileys.html

[Websman]

<G> = Grin
<BG> = Big Grin
<VBG> = Very Big Grin
<SEG> = figure that one out yourself <BG>

Also, see http://www.anapsid.org/internet/smileys.html

<seg> I like that one!

[Websman]

I was scanning some of Stecklers posts and noticed SILC. I like the chart on this one. Looking at the level two, it looks like a stalemate is going on with a spread of 7.40-7.55. I tried for 7.40, with no luck. I'll keep an eye on it. Maybe it'll start moving again on Tues.

I have to go take care of some things, so no more trading for the day.

[Websman]

Bought ELOS @ 27.27

[Websman]

Bought CDV @ 2.37. Looks like I could have got it a little lower, if I would have waited.

ELOS is looking good so far.

[Websman]

I covered my GM short @ 9.92. Made some more money...Hahaha!