12/12 Make sure you buy stocks today. You can thank me later. I am
looking at UYG and DIG, but you might have your own favorites.
Markets are overreacting to the auto bailout.
\_ 1% down? DOW is still above 8000 S&P above 800.
\_ I bought UYG at open for 4.79. It is 5.16 now.
DIG opened at 28.01 and is now at 28.82.
Both have traded higher than that already today, too. (UYG
as high as 5.30 and DIG as high as 29.61). That's 10% on
UYG and 6% on DIG in 2 hours. (I posted the advice pre-market.)
You are welcome.
P.S. It is now 9:37am PST and I am still holding these. I
think they have more room to run. Good luck with your 0%
Treasuries, Treasury Guy.
\_ You talking to me ASSHOLE??
Treasury guy sez: 80% in safety, 20% in whatever the hell
you want. *snort*
\_ making a call on one stock that's +1.14% for the day and
another that's -1.16% for the day, and claiming that's a
10% increase, is fairly silly.
\_ My silliness is buying me a new 52" LCD TV this
weekend. How's yours working out for you? UYG went
from 4.79 to 5.49. You need to track stocks from the
open, not from yesterday's close like the ticker does.
\_ next time I'm awake at 4:00 AM I'll be sure to
take your advice.
\_ You gotta be up with the market.
\_ Your advice was "make sure you buy stocks today", and
that "markets are overreacting to the auto bailout."
The DJIA is currently up 0.12%, which means that the
rationale for your advice was shit; the markets
aren't overreacting to anything. Neither of the stocks
you suggested have been remarkable performers on the
day. Congratulations on making money, if you really
did, but it's a lucky call, not a good one. -tom
\_ You don't follow the markets that closely, or you
would have known that Asia was down heavily last
night, as was S&P futures, supposedly on the news
that "the market is upset that the automakers were
not bailed out." And stocks were down at open.
\_ The markets did overreact. Overseas markets tanked
greatly and so did the premarket in the US. The
market looks like it's up 0.12% *NOW* which is after
I made my gains from the pre-market 8% down these
picks were at, dude. I acted on it, and you are
just a hater.
\_ Stop stomping my changes, schmuck. What he said,
basically.
\_ Woo, the Dow opened down about 1%, and went almost
to 2% down before rebounding to flat. Whiplash,
I tell you, whiplash! I will stop pointing out
the obvious, since you're clearly a brilliant
market analyst who regularly uses $100 bills as
toilet paper and only deigns to communicate
with us out of a feeling of benevolence towards
the masses. -tom
\_ I didn't tell you to buy the DOW. I gave
you picks that were down about 8-10%. I
hope you are having fun buying-and-holding,
though. How's that GOOG working out for you?
\_ Up 5.18% today, thanks. I must be
brilliant. You didn't tell me to buy the
Dow, but given that the Dow was basically
flat, your reasoning has no basis in
reality. -tom
\_ obviously op is saying you will make at least 5%. Just make sure
to tell us when to sell or how much percentage profit to take.
\_ That's for you to decide. I'm not giving away all of my secrets.
I will say I sold out of DIG already.
BTW, I am not doing this to brag as much as because someone
here was complaining that I only talked about trades post-facto.
So I gave you a cookie, posting the trade before the markets
even opened based on pre-market trading and what happened in
the international markets overnight.
\_ the problem is if you tell people to buy, they hold for a week
they're down -10% at some point and sell then and you just
they're down -10% at some point and sell, then you just
fucked someone. you should have said it was a daytrade imo.
\_ I think even if you bought UYG as an intermediate play
you will make money. Heck, buy it tomorrow and hold
and I bet you will make 10% on it easy if you are
willing to hold it and sell when it hits 6. That's why
I chose it to spoonfeed people with in case anyone
took my advice. It's both a good daytrade *and* a good
stock to hold for a week or four or fifty. I trade it
and I buy it to keep, which is what I do with a lot of
my trades. If I am not willing to own it then I won't
trade it.
\_ ok great, I think you do both yourself and the ppl you
intend to help a favor if you say, "buy uyg at 12/12
market open and sell during day, or hold up to a year
for possible 10% profit"
\_ I agree with the above poster, if you want to demonstrate
your daytrading prowess (which I am impressed with btw) you
need to call out when you sell as well as when you buy. What
are you worried about, that we will all trade with you and
move the market? I appreciate the info though, I was
the guy who asked you to tell us when you traded.
\_ Worried about giving away information for free that
some people pay a lot of money for. I think I've helped
CSUA enough for free already. The strategy for selling
is "Sell, when you are comfortable with the gain." My
comfort level and yours might be different. I have
made a lot of money recently and so I am more willing
to take some risks than someone trading with their
last $5K might be. I also have hedged some positions.
So it's not really important when *I* sell. You can
figure that part out for yourself. I think a 5-10% gain
in a day would've been a good target. Some of my picks
(like C) I am *still* holding even though they are up
big (and were up bigger).
\_ Are you actually getting paid to do this, or is this
"some people pay a lot of money for" all in your own
mind?
\_ No, I am not paid. My point is "Why exactly should I
help make you money?" What's in it for me? I'm
just trying to help people better understand the
market and convince people that the market is
the best place to make money. Not cash, not
treasuries, not bonds. Too much scared money
right now. If you want detailed advice subscribe to
a newsletter. If there's enough demand for my
advice maybe I'll start my own newsletter and
charge for it. But there's no reward in it for
me to publish all of my trades.
\_ We all contribute to the motd in our own way.
I was kind enough to warn people about the
housing bubble, for which I was widely ridiculed.
If you make enough money daytrading, you can set
up your own fund. My advice it to quite while you
are ahead, but enjoy your luck while it lasts.
\_ No luck involved in being long equities.
Luck is for shorts.
\_ This is relevant to my interests, but alas, I have no capital
whatsoever :( . --toulouse |
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