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- tickerville Mar. 07 at 11:33 AM #
- @hugo48 Weekly still dangerous but sucker keeps holding on. If it breaks, I’ll be there. $$
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- JasonRaznick Mar. 07 at 11:32 AM #
- @tradefast yes, but cramer probably still owns another 3k shares of $wfc. Ok, I may take twitter break & go have my birthday lunch!
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- tickerville Mar. 07 at 11:32 AM #
- @BuyOnTheDip No comment on empty buildings but the $SRS reversal on Friday was incredible. I will be looking for follow through here down $$
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- tickerville Mar. 07 at 11:31 AM #
- @snoopyjc No disrespect but it sounds like you’re following too much noise. Play the chart $$
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- MacroMeister Mar. 07 at 11:31 AM #
- @snoopyjc that said, DJIA might not get all the way to 6100 as 6236 is important DEC ‘96 low (orig ‘irrational exuberance’ reaction LOL $$
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- SGajewski Mar. 07 at 11:29 AM #
- $$ Current watch lists for Monday?
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- MacroMeister Mar. 07 at 11:29 AM #
- @snoopyjc …while it takes a bit of sustained focus, that DJIA 6100 oscillator support issue is one of “chance favors prepared mind” $$
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- tickerville Mar. 07 at 11:27 AM #
- What I like most about $FCX, is that the day after it broke (Thursday) it had a constructive pullback that allowed for entry. $$
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- tickerville Mar. 07 at 11:25 AM #
- One of the things I have learned is to never give up on a stock regardless of how many attempts you make. $$
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- tickerville Mar. 07 at 11:23 AM #
- So, considering my only short is $GOOG, let’s prepare ourselves in the event we do bounce. $$
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- BuyOnTheDip Mar. 07 at 11:23 AM #
- $KMB was my “tell” on Friday. I use it like the VIX. if $KMB moves up strong, you know the market will too.
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- tickerville Mar. 07 at 11:21 AM #
- One of my favorite shorts $GILD, we’ve been stalking for months, broke hard the last couple weeks. I want to re-enter here chart coming $$
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- tickerville Mar. 07 at 11:18 AM #
- @finlwiz They’re oversold and is why I covered. I could see bounce too, but why strap a time frame to it? $$
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- AppleInvestor Mar. 07 at 11:18 AM #
- @wind4me Investors should prioritize by market, then sector, then lastly by individual issue. If the sector doesn’t make the cut, then… $$
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- ppearlman Mar. 07 at 11:18 AM #
- @snoopyjc there are many different ways to make money in the markets snoops for sure $$
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- snoopyjc Mar. 07 at 11:17 AM #
- @tickerville So I need a strategy I can implement with stops, conditional orders, in other words, things I can set in advance $$
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- hugo48 Mar. 07 at 11:16 AM #
- @BuyOnTheDip Have to go back to 2/20 on 30 min chart to find positive volume spike like last 1/2 hr Fri. $XOM$$
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- MacroMeister Mar. 07 at 11:16 AM #
- @snoopyjc good point; that’s why ‘big’ levels w/tight stops work 4 part-timers; delusion is that market will be ready when u drop in $$
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- bluewaterpro Mar. 07 at 11:16 AM #
- market showing consistent pattern fade at 10am $$
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- tickerville Mar. 07 at 11:16 AM #
- @snoopyjc yes, that is a challenge. My suggestion is to do the work, ahead of the trade. Once the trade is on, there is no work involved. $$
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- BuyOnTheDip Mar. 07 at 11:14 AM #
- @tickerville “they” pump $XOM to move the entire market. “if” the market and oil rally, $XOM calls are an easy way to get long “the market”
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- snoopyjc Mar. 07 at 11:12 AM #
- @tickerville That’s why I’m doing Collars in my own account - just need to roll’em every once in a while. $$
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- avcacio Mar. 07 at 11:12 AM #
- @tickerville That’s why I am following you guys! And have learned alot in the past 2 months. $$
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- tickerville Mar. 07 at 11:11 AM #
- @BuyOnTheDip Ah yes, let’s start with mother mobil, my largest short until a week ago. $$
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- tickerville Mar. 07 at 11:10 AM #
- @snoopyjc I manage millions of dollars for many accounts. ‘A lot of work’ is all part of the game. $$
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- jeff_91711 Mar. 07 at 11:10 AM #
- $$ could not listening to share size/riskReward is maybe a psychological problem.
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- avcacio Mar. 07 at 11:08 AM #
- @jsfalvo agreed, Friday was a Huge test on psychology $$
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- snoopyjc Mar. 07 at 11:08 AM #
- @bluewaterpro Sounds good, but I also manage accounts for my Dad, StepMom, and Sister, so it’s a lot of work to move stops manually! $$
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- jsfalvo Mar. 07 at 11:07 AM #
- @tickerville cool but we need to keep focusing on psychology every week it is the most important aspect of what we do $$
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- bluewaterpro Mar. 07 at 11:06 AM #
- Trailing stops are a real problem in this choppy market, I now move them up manually $$
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- avcacio Mar. 07 at 11:06 AM #
- @tickerville “that most will pay no attention to it.” Did I miss something there? $$
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- tickerville Mar. 07 at 11:06 AM #
- @snoopyjc No, but how about I write one for Minyanville next week. That is an excellent idea. Thank you $$
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- snoopyjc Mar. 07 at 11:06 AM
- @tickerville Base position size on the amount of risk in trade - got it. $$
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- MacroMeister Mar. 07 at 11:06 AM #
- @tickerville look at all the commods players who got ground out below APR GOLD serial supports on the way to 900 real support $$
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- tickerville Mar. 07 at 11:05 AM #
- OK, with an hour to go, let’s talk some charts. We’ll hash out more psychology next time. $$
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- tickerville Mar. 07 at 11:04 AM #
- @avcacio Great, than please summarize what I just said so I know you got it. $$
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- jsfalvo Mar. 07 at 11:04 AM #
- @carzz that why I would wait to a breakout of the daily 50sma then I would have that as my stop on $DXO but now it could be a double top
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- tickerville Mar. 07 at 11:04 AM #
- @MacroMeister I am moving to a complete non-arbitrary selling strategy. It has taken me years to figure it out. $$
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- avcacio Mar. 07 at 11:03 AM #
- @tickerville re: won’t pay attention - I disagree, as StockTwits MAKES you more responsible - having to show others what your doing $$
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- Prospectus Mar. 07 at 11:03 AM #
- @tickerville $RIG is all about oil services, and no oil company should be cap expanding right now. I’d stay away. My 0.02 (worth it too) $$
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- tickerville Mar. 07 at 11:03 AM #
- @bluewaterpro I don’t always agree with that. I only take trades that have appropriate risk /reward ratio. $$
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- carzz Mar. 07 at 11:02 AM #
- @jsfalvo curious this trade $dxo appears to be at resistance and sym triangle from FEB to me could go either way
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- tickerville Mar. 07 at 11:01 AM #
- @finlwiz You are extrapolating that the energy stocks may follow the commodity. Why not wait for a prudent set up? $$
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- jsfalvo Mar. 07 at 11:01 AM #
- @hugo48 $RIG great point below the daily 50sma and weekly 20sma not yet great point about forget the symbol look at the chart
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- MacroMeister Mar. 07 at 11:01 AM #
- @tickerville and being patient with winners is soo hard to do in ‘chop’; which is why a sense of maj incex influence can help $$
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- tickerville Mar. 07 at 11:00 AM #
- This is probably the most important thing we have ever addressed in the Brunch and funny, that most will pay no attention to it. $$
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- avcacio Mar. 07 at 11:00 AM #
- @snoopyjc I can justify holding them longer as insurance in a “downtrend” to cover my loooooser longs $TZA
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- tickerville Mar. 07 at 11:00 AM #
- Say you are willing to risk $1,000 on the trade. Stock is $2.35 above stop, hence your share count will be 425. $$
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- BHBGroupTrader Mar. 07 at 11:00 AM #
- @tickerville think of it as an open field vs a forest that you can hide behind a tree for cover.thats how I think before i put a trade $$
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- avcacio Mar. 07 at 10:59 AM #
- @snoopyjc as a swing trader, I’ve lost big on some longs - but… my swings into the 3x inverse’s have boosted my port up nicely $$
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- hugo48 Mar. 07 at 10:58 AM #
- @Psando Go to the weekly chart on $RIG. Next forget what the symbol is. Would you put your hard earned money in that chart right now$$
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- tickerville Mar. 07 at 10:58 AM #
- You should use a reverse calculation to determine how much you are willing to lose should $TBT fall below $43. $$
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- tickerville Mar. 07 at 10:57 AM #
- Take your $TBT. Technically that is extremely attractive and only breaks down below $43. There is no reason to be stopped out there. $$
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- wavegenius Mar. 07 at 10:57 AM #
- $IBM = on the 10 day chart, it may drop to as low as 81 in a downward 3
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- tickerville Mar. 07 at 10:57 AM #
- @snoopyjc That is too complex. Again, stops should always be based on where you are wrong. If that is too far away, the trade is not good $$
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- Psando Mar. 07 at 10:56 AM #
- $$If people dont like the ETN aspect of DXO you could go with the etf $$UCO.
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- Psando Mar. 07 at 10:55 AM #
- @tickerville was $rig rise to 60 a tell for oils move up this week, and now just got over extended?
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- snoopyjc Mar. 07 at 10:55 AM #
- @tickerville Yes, stops are a bane to my portfolio. I’m starting to use option collars instead, but the Puts are expensive. $$
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- MacroMeister Mar. 07 at 10:55 AM #
- $$ it was NOT that it was right!!! …rather illustrated need to understand influence of major indices swings to fine tune specific trades
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- tickerville Mar. 07 at 10:55 AM #
- If that stop strategy doesn’t make sense. We have some work to do, let me explain. $$
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- tickerville Mar. 07 at 10:54 AM #
- Stops should always be based on technical breaks, where the trade no longer works. You must calculate this before hand. $$
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- snoopyjc Mar. 07 at 10:54 AM #
- @avcacio I’m still foolishly holding $SMN which is still underwater since Dec.
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- tickerville Mar. 07 at 10:53 AM #
- @Psando $RIG has broken down. Technically not attractive yet. If these stocks follow oil, I’ll play. $$
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- snoopyjc Mar. 07 at 10:53 AM #
- @avcacio I foolishly held $SIJ from December, and it just became “above water” this past week, and that includes the Capital Gain Dist.
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- MacroMeister Mar. 07 at 10:53 AM #
- $$ my analysis from last MON prep’d initiated that weekly gap lower meant weakness & DJIA bounce to 6970 phony http://bit.ly/86auf ..
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- tickerville Mar. 07 at 10:53 AM #
- @snoopyjc said “stopped out at 9% because 8% didn’t work” I have always found that fixed stops based on % or money does not work $$
