MSFT beats big as expected
8 hours ago
Friday, October 23, 2009
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About Me
- The Honest Trader
- I have been trading stocks since I was 15 years old. Everything I know about trading is from watching the tape for 1000's of hours and reading trading / investing books and online information. Everything I have learned trading has come from "real life" trading experiences. Meaning, I am a homegrown trader with no formal training. I started with $1,500 in an online account and have now grown that to a considerable sum through the years (paid a lot of tax too). I used to trade like an idiot and had no idea what I was doing. I lost money, made money, got lucky and eventually started to "get it". I have been high and I have been low - but I am still standing.
imagine today will shift sentiment even more bullish which is a warning sign to me but will again look to eye a spot to short - probably not until next week tho as the momo is with the longs
ReplyDeletegold may go to an all time high today
1120 looks like the next spot I would get short
ReplyDeletea little disappointed the breakdown didn't occur but I bet I had a lot of company shorting that weds. breakdown...
bought some AMZN at 107 premarket... huge upgrades this morning so going to try to make a few bucks on this... might as well join the long party. i will not take this position home with me tonight
in the end my shorts did not get busted as we did not breach S&P highs in active trading - still might get busted
ReplyDeleteamzn is up 4 points quick stop at 110.49
out of amzn at 114 - NICE
ReplyDeletegold got shut down as did the market early AM even on better than expected housing data
ReplyDeletetough market folks
should have stuck with amzn for longer continues to make new highs
ReplyDeleteamzn 118 - wtf wow
ReplyDeletelet's see if the bulls pull the late day magic trick and push us back up
shit AMZN going to the moon - left some money on the table there but still happy with 5% in an hour or so
ReplyDeleteuh oh - longs losing it here... my shorts are bright green and I thought I was going to get bucked off the short horse this morning...
ReplyDeletebut NO and I made money long on AMZN - go figure!
so after the chop shop do we get some downward follow through next week - as we sit here now I am positioned for that. When the market moves down this much on all good news it's time to sell!
but thats what i said weds too...