- Joined
- 1 September 2001
- Messages
- 4,123
I currently have MRK option and SGP stock. I think the drug companies have been hammered lately pretty bad.
SGP's earnings are out today. Should go crazy with last years earnings than stable after the Doc's can't find a better staten.
lets see what aapl brings to the table. :smile:
TRMB made a big jump today, I wish I had more than a 100 shares though.:smile: But it was a nice surprise anyway.
Fairly slow day, FSLR had a nice pull back over the past week. Shorted MSFT for a little change since that big gap down friday, CSCO as well, not much more left there I think.
I'm not too confident on what the fed is going to do wednesday. I moved all my stops up in my 'longer term' picks so I don't care too much. I have a lot of cash waiting for any momentum plays. Gold stocks have been getting hammered over the last couple weeks but there is still room to drop if the fed doesn't cut. I think oil will shrug it off though.
As far as "Investing" goes:
"Rule #1" by Phil Town
"The Little Book that Beats the Market" by Joel Greenblatt
A must read for any type of trading/investing:
"Trading in the Zone" by Mark Douglas < All about the mental and emotional aspect of trading. You should read this twice before you even think about opening up an account with a broker. If you don't you are doomed to go through each of the newbie mistakes outlined in his book at your own loss. Had I read this prior to trading it would've saved me about 10k.
Web Sites For Technical Analysis/Trading:
http://www.babypips.com/school/
http://www.investopedia.com/university/
http://stockcharts.com/school/doku.php?id=chart_school
The Ultimate No-Bullshit Market Analysis Expert Blog:
http://market-ticker.denninger.net/ (Referenced in this thread before, I read it everyday!)
My method and trading thread:
http://forums.babypips.com/show-me-money-swing-trading/8204-fib-retracement-trading.html
Cheers! :biggrin:
FSLR is driving me nuts, fall already. Going to have to hold it into earnings.
Just finished reading The Little Book That Beats the Market. I had bought Rule #1 a while back and didn't finish it.. so I've got to find where I left it. Also picked up Trading in the Zone.. looks interesting.
Haven't looked at any sites yet.
Surprised you didn't try to get out when it started rebounding around 278. Must be going for that big money.
What's up GSI Low today 9.68