I'm holding. Two of the last 5 distribution days are aging. Also looks to me like volume dropped.

Let the action begin...

I started getting back into the market slowly on Mar 15... but a little heavier on gold mining stocks.....

quote:

Originally posted by politikalamity:
The Stock market is due for a pullback. Looking at my chart below you can see that over a certain threshhold the market always pulls back. This current bull has been running for a while and will go through a correction of at least 7%.

Good call bannaz. I jumped out two weeks later keeping one position. Still waiting to get back in.

quote:

Originally posted by antabanta:
]Good call bannaz. I jumped out two weeks later keeping one position. Still waiting to get back in.

Started buying back in last week..

bought some tech stocks...some mining stocks..Nat Gas...and Uranium...

I picked me up a bag of nice home grown.

quote:

Originally posted by cain:
I picked me up a bag of nice home grown.

hahaha...always a winner dat bwoy!!

It looks like Y'all ain't buy anything lately? I did.

quote:

Originally posted by cain:
It looks like Y'all ain't buy anything lately? I did.

well share some nuh!

Actually I buy and sell all of the time...daily..weekly..I am a glutton for punishment!

one can start getting back into the market slowly...I started today.

what's the latest word?

quote:

Originally posted by raymond:
what's the latest word?

last week I bought Bank stocks, tech stocks and Gold stocks...I am still holding..will hold for at least 4 more days...

buy copper..
buy nat guess
buy financials
sell tresuries..

buy gold on weakness
be careful with tech for now..
keep your eyes open for an opportuinty to get in on Oil sometime soon

does not look like I will be buying anything next week, unless it is a down week by the end of the week.

I have not updated this thread in a while, however, this has been a real challenging year for me. I am only up 7% for the year after being up 16% earlier in the year.

I have been pretty much day trading - monitoring the markets hr by hr.

If the market has a good couple of days, meaning the Dow going up about 300 points, I would buy the vix, the opposite would mean buying into the the general markets, for the most part. However, I think everything has to be short term. This market is definitely not for the weak hearted.

Good luck!

looks like a good day to buy the vix

well since I made the above post, I made a bit of money betting against the market...now I will wait and see what happens this week before getting back in...

the markets are still very risky right now so be careful before treading..

aCCORDING TO A VERY RELIABLE aNALYST IN eNGLAND, THE DOW will FALL to 4000. Today it fell by 389 points. All HELL gun break loose SOON.

quote:

Originally posted by Nehru:
aCCORDING TO A VERY RELIABLE aNALYST IN eNGLAND, THE DOW will FALL to 4000. Today it fell by 389 points. All HELL gun break loose SOON.

While anything is possible, I do not see that happening...however, if it does, buy because it will quickly go back up....

markets should turn around next week or two ..but still this is not a normal market..not a market for the uninitiated...be careful..

if you go in...you have to prepared to get out quickly..set buy and sell targets before you buy...but you need to be dynamic, regardless

right now market futures look positive for tomorrow:

futures

Locked in some gains by selling some positions already...
still holding on to few though

Today was a nice day on the markets..hopefully you guys made some money...

I'm thinkin' pork bellies.

What about some Banks DIH shares in Guyana as an investment?

Anyone invested in CGX Energy? The company will soon start drilling for oil in Guyana. If you have some spare change, think about putting it in this company.(Do your own due diligence.)

For my Canadian friends, I will make a post next week showing an investment with a return of 4.5% annually. It is suitable for retirees or folks nearing retirement.

quote:

Originally posted by cain:
I'm thinkin' pork bellies.

but aren't you a vegetarian?

quote:

Originally posted by Dhall:.

RE: DIH..if it does not trade on a major exchange I do not invest in it..

RE: CGX..for me that isa gamble..if a stock does not have a solid history..I do not invest in it..

RE: 4.5% return, I think this is a very good return these days for retirees..but I never recommend retiress invest in stocks unless they know what they are doing..as for bonds unless it is a guaranteed return and covered by CDIC or govermnent stay away from it.....

On a personal level ..I expect at least double digit returns on my investments...

I only invest in dividend stocks and ETFs with 50% now in fixed income. Portfolio total ROI is 38% since inception, but that translates to only just over 2% a year.
Not very good, but at least I did not lose principal.

I did put a few spare babs in banks DIH and the returns were consistent 4-5% dividends. I agree that the best thing at this point in time is dividend paying shares.

Take a look at CGX Energy - symbol is OYL - trading on TSX venture.It is a Canadian Company.

quote:

Originally posted by TI:
I only invest in dividend stocks and ETFs with 50% now in fixed income. Portfolio total ROI is 38% since inception, but that translates to only just over 2% a year.
Not very good, but at least I did not lose principal.

you are doing ok..many people have lost so much money that they may not be able to ever recuperate it for the rest of their lives

quote:

Originally posted by Dhall:
Take a look at CGX Energy - symbol is OYL - trading on TSX venture.It is a Canadian Company.

quote:

RE: CGX..for me that isa gamble..if a stock does not have a solid history..I do not invest in it..

I do not play the lottery my friend...

This is a really difficult market to trade....I cannot remember when last I saw such a difficult market..very much range bound with no decisive move one way or the other...

I hear yu.. I've gambled and put some money in some Guyana stuff.... I'll see what kind of results I'll get in a year.

If this market continue like this, I may have to start selling some sugarcake to make some money.

Iman gonna be sniffin out some suga cake when I visit the mall this weekend.

Drilling for oil in Guyana will begin next week.

Well its been a really rough year for trading ..one of the most difficult I have seen...however, even though it was not a very good year, I am still up 14% so I will close up shop for the year and go on vacation to India ..to see the Taj Mahaj..Kama Sutra temples...and Delhi...if I have time I may also go to Kashmir,..

Hopefully the new year is better for traders.

Happy Holiday's All!!!!

What's instore for 2012? Any Predictions?

quote:

Originally posted by Dhall:
What's instore for 2012? Any Predictions?

Just got back from a wonderful vacation. India is an amazing country and the Taj is really something to see.

Anyway with regards to predictions; I do not do those. I do, however, make forecasts.

With regards to the US economy, expect more of the same this year as last. Expect the purchasing power of the average Joe to continue to decline, expect more out sourcing of jobs away from North America. Expect the occupy protests to be even bigger this year.

Until such time that North Americans and even more so Europeans come to the realization that things have permanently changed and we can no longer live like we did for the past 50 years, then and only then, will we be able to reset our minds, pick up the pieces and move on

With regards to the stock market, expect a bit on an increase this year. Most of the year will be range bound again. Short term; meaning the next month or two, I believe we will either see a nice run or a violent pull back at some point. Cover yourself for both instances by having some long and short positions. The good thing is the market will swing one way or the other violently, and that way traders make money, but it is very hard to make money when it is basically flat lining.

I believe the pullback started today...

I bought McDonalds a year ago. The price went up 100%.
Since I doubled, thinking of selling off 50% to preserve principal. Stupid move?

You sellin half a Big Mac?

quote:

Originally posted by TI:
I bought McDonalds a year ago. The price went up 100%.
Since I doubled, thinking of selling off 50% to preserve principal. Stupid move?

you already know what to do..so why you asking