Magox Posted September 29, 2010 Share Posted September 29, 2010 I do a lot of day trading.... I don't know if any of you guys are active in your accounts.... I just wanted to hear what you guys think is a good play for the Fourth Quarter.... I'm buying Oil Drillers and shorting Banks... That's how I'm playing it (as of now).. What's your top predictions? Link to comment Share on other sites More sharing options...
erynthered Posted September 29, 2010 Share Posted September 29, 2010 I do a lot of day trading.... I don't know if any of you guys are active in your accounts.... I just wanted to hear what you guys think is a good play for the Fourth Quarter.... I'm buying Oil Drillers and shorting Banks... That's how I'm playing it (as of now).. What's your top predictions? GM Link to comment Share on other sites More sharing options...
whateverdude Posted September 30, 2010 Share Posted September 30, 2010 (edited) I don't day trade but I have made a fair amount of $ the last 2 to 3 months with MO, KMB, Singapore, gold and a few short bonds to name a few. You day traders add too much volatility to the market at times. I may move into more commodities and more Asia as we head into winter. Edited September 30, 2010 by whateverdude Link to comment Share on other sites More sharing options...
PTS Posted September 30, 2010 Share Posted September 30, 2010 Baidu (BIDU) Link to comment Share on other sites More sharing options...
meazza Posted October 1, 2010 Share Posted October 1, 2010 I trade some cad and some us. For cad I like xiu and na. Depends on your outlook on the Canadian economy. For us I think Goldman long term will rebound. There are plenty of opportunities to take advantage of the vol. The uncertainty makes plenty of short term buying opportunities. Link to comment Share on other sites More sharing options...
outsidethebox Posted October 1, 2010 Share Posted October 1, 2010 Send me $50 and I'll give you some great tips. Link to comment Share on other sites More sharing options...
Peace Posted October 1, 2010 Share Posted October 1, 2010 (edited) If you're man enough, take on 3 randomly picked stocks between now and December 15. Assume a budget of $1000. In the random picker, $333 is spent equally on each stock. You can do whatever you want with your $1000 but you need to sit on it until December 15...no cashouts or selloffs. Here are the 3 randoms. My methodology was to select 2 from the NYSE and 1 from NASDAQ. You can pick anything you want. VFC VF Corp $81/share ... 4.1 shares AT Atlantic Power Corporation $13.85/share ... 24 shares INCY Incyte Pharma 15.99/share ... 20.8 shares Edited October 1, 2010 by Peace Link to comment Share on other sites More sharing options...
Magox Posted October 1, 2010 Author Share Posted October 1, 2010 If you're man enough, take on 3 randomly picked stocks between now and December 15. Assume a budget of $1000. In the random picker, $333 is spent equally on each stock. You can do whatever you want with your $1000 but you need to sit on it until December 15...no cashouts or selloffs. Here are the 3 randoms. My methodology was to select 2 from the NYSE and 1 from NASDAQ. You can pick anything you want. VFC VF Corp $81/share ... 4.1 shares AT Atlantic Power Corporation $13.85/share ... 24 shares INCY Incyte Pharma 15.99/share ... 20.8 shares Nice Ok, SKF 19.85 16 shares RIG 64.3 5 shares FCX 84.90 4 shares Link to comment Share on other sites More sharing options...
Magox Posted October 14, 2010 Author Share Posted October 14, 2010 Nice Ok, SKF 19.85 16 shares RIG 64.3 5 shares FCX 84.90 4 shares I'm out! SKF Sell SKF 19.15 = 306 Sell RIG 67.57 = 337.75 Sell FCX 99.62 = 398.48 net gain 6.4% in two weeks, I'll take it! I don't like what is happening right now with this Bank Foreclosure business going on, plus this week we have seen the bond auctions look extremely weak. Link to comment Share on other sites More sharing options...
Clip Smith Posted October 14, 2010 Share Posted October 14, 2010 I'm thinking all in on a small bio company with a promising anti-depressant. You know there will be about 10 million visits to their shrinks by yuppie democrats in the last 2 weeks of November. Link to comment Share on other sites More sharing options...
Magox Posted October 14, 2010 Author Share Posted October 14, 2010 I'm thinking all in on a small bio company with a promising anti-depressant. You know there will be about 10 million visits to their shrinks by yuppie democrats in the last 2 weeks of November. Link to comment Share on other sites More sharing options...
erynthered Posted October 14, 2010 Share Posted October 14, 2010 I'm thinking all in on a small bio company with a promising anti-depressant. You know there will be about 10 million visits to their shrinks by yuppie democrats in the last 2 weeks of November. !@#$ing priceless!! Link to comment Share on other sites More sharing options...
Chef Jim Posted October 14, 2010 Share Posted October 14, 2010 CA bong, roach clip and rolling paper companies. Link to comment Share on other sites More sharing options...
Peace Posted October 28, 2010 Share Posted October 28, 2010 (edited) If you're man enough, take on 3 randomly picked stocks between now and December 15. Assume a budget of $1000. In the random picker, $333 is spent equally on each stock. You can do whatever you want with your $1000 but you need to sit on it until December 15...no cashouts or selloffs. Here are the 3 randoms. My methodology was to select 2 from the NYSE and 1 from NASDAQ. You can pick anything you want. VFC VF Corp $81/share ... 4.1 shares AT Atlantic Power Corporation $13.85/share ... 24 shares INCY Incyte Pharma 15.99/share ... 20.8 shares Worth revisiting with 6 weeks or so to go. VFC: 83.15 AT: 14.94 INCY: 16.53 At this point, the monkey picks are up $46, for an even 4.6% increase. We'll see where it heads from there...trailing Magox, if his selloff was permitted, which it was not, by 2 points. In the rules of the game, Magox is up 3.4% and trails the monkey. Edited October 28, 2010 by Peace Link to comment Share on other sites More sharing options...
Magox Posted October 28, 2010 Author Share Posted October 28, 2010 Worth revisiting with 6 weeks or so to go. VFC: 83.15 AT: 14.94 INCY: 16.53 At this point, the monkey picks are up $46, for an even 4.6% increase. We'll see where it heads from there...trailing Magox, if his selloff was permitted, which it was not, by 2 points. In the rules of the game, Magox is up 3.4% and trails the monkey. I play by my own rules... That's how I trade. Link to comment Share on other sites More sharing options...
Peace Posted October 28, 2010 Share Posted October 28, 2010 I play by my own rules... That's how I trade. Touche. That's why I included both measures. Wish we'd gotten more players. Link to comment Share on other sites More sharing options...
Magox Posted October 28, 2010 Author Share Posted October 28, 2010 Touche. That's why I included both measures. Wish we'd gotten more players. I'm completely out now, other than a TBT position I have (which is a short in the longer dated bond markets) Fed may disappoint with not giving enough QE to support the market, or they may scare the market with too much. I suppose the market had been baking in an initial $500 B, but it appears that they may do a piecemeal $250 per quarter type of deal. I will say this though, the market is addicted to this QE. That is the main thing that has been driving the market, what will happen if a year from now QE doesn't bring down unemployment in a meaningful way? Link to comment Share on other sites More sharing options...
Peace Posted December 16, 2010 Share Posted December 16, 2010 Worth revisiting with 6 weeks or so to go. VFC: 83.15 AT: 14.94 INCY: 16.53 At this point, the monkey picks are up $46, for an even 4.6% increase. We'll see where it heads from there...trailing Magox, if his selloff was permitted, which it was not, by 2 points. In the rules of the game, Magox is up 3.4% and trails the monkey. Only 2 participants in that contest but the results are clear: Magox IS smarter than a monkey. The monkey picks returned $25 or 2.5% to Magox's 6.6%. Well done. I will start another thread like this shortly for a calendar year game with rules that allow buys and sells. I will do it myself but also let the monkey play too. Link to comment Share on other sites More sharing options...
Nanker Posted December 16, 2010 Share Posted December 16, 2010 Can't do it. I'm a Registered Rep. Link to comment Share on other sites More sharing options...
Magox Posted December 16, 2010 Author Share Posted December 16, 2010 (edited) Only 2 participants in that contest but the results are clear: Magox IS smarter than a monkey. The monkey picks returned $25 or 2.5% to Magox's 6.6%. Well done. I will start another thread like this shortly for a calendar year game with rules that allow buys and sells. I will do it myself but also let the monkey play too. The TBT trade which isn't listed, but I did mention it in one of the earlier posts went from $32 to $40, and I just got out of it about 10 minutes ago. FCX was another great play went from $84 to $117, I sold it last week, it's back to $110 and I just picked it back up. Copper and Palladium are my favorite commodities for 2011. I bought JP Morgan 2 weeks ago, but sold it once it went up a couple bucks, I happened to have bought it the same day (but before I heard) that Goldman placed it on it's conviction buy list. I'm thinking about going back in there again. Edited December 16, 2010 by Magox Link to comment Share on other sites More sharing options...
Recommended Posts