esoteric1

Ten Busted Investing Myths:
R.O.I. - WSJ.com

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"Rhetoric is the art of ruling the minds of men." ~ Plato

Killing Me Softly 101

It is the excessive high cost of petrol products that is causing the global recession in my opinion. Also too much money in circulation. This makes commodities (real things) more valuable (except housing as it was affected by the subprime debacle).

I am waiting for a new trading range to establish.

In 2001 I jumped in too soon and got burned. (Nasdaq was at around 2300, after losing about 60 percent of its value. It went down to about 1200 just after Sept. 11.) So much of my stocks investments were about half of the starting value.

Once the new equlibrium is established, I will go for dividend yielding stocks. Or ones that own vast amounts of real estate, oil, etc.

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One day I woke up and my rose coloured glasses were opaque.

Broker

My last stock trade was a buy. I'd rather not say. It may be some time before a turnout around, but the stop-loss order has not kicked in, yet.

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My avatar is not Andy Wharhol, but Peter Lynch, one of the greatest fund managers of all-time.


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sethkoch

Well, on Friday I did some day trades on the YM. Wow! This last week was intraday heaven. I'm just paper trading the YM though, so I didn't get to keep at that money I made.

I, like a lot of other, am very intently watching the steel sector. I'm watching X on monday. If I see a bounce, with longer term traders buying in, then I'm all over the steel sector on the Thai market. Namely Gsteel and GJS, only for day trades however. You can't hedge yourself in Thailand, and holding anything long in this market, for a shorter term trader, is suicide.

sethkoch

I did some scalp trade on IEC today, broke even. It's hard to make money going long when the market is spilling. I'm looking forward to a possible bounce on Monday. The stocks on my watchlist for the Thai market will be, IEC, BAY, and LIVE. All three are presenting good day trading oppurtunites.

For a bounce in the US tonight I'll be watching AG stocks, steel, and Techs. If it doesn't look like a bounce I'll check out my new software for trading the YM ( the mini dow futures contracts) from global futures.

sethkoch

Well, everything just kind of sucked today. Just to sum it up. Boring as hell, and what ever wouldn't go up went down. The US is looking to gap up today. Hey Laoshi, have you been trading long?