FAS / FAZ / Daily Discussions / Archives / 11-04-2011 / Friday, May 27. 2011

Topie: Friday, May 27. 2011
May 27th, 2011 11:07 AM
membar I posted something this morning but it must have gotten deleted.

Heidi: You've been talking about the Renko charts. Have they been working out for you?

Allen: You never answered about the volatility stuff I posted in yesterday's thread. I think there's money in this.

My xKOSes didn't get stopped out this morning, luckily.
May 27th, 2011 11:45 AM
BullDog Bought FAS 26.65, couple days ago, sold this morning at 27.17
pocketed = 52 cents a share
Hold time = 2 days

Have one more FAS batch in play.

Bought AA couple of days ago at 15.84, Sold this morning 16.51
Pocketed = 73 cents a share
Hold time = 2 days
May 27th, 2011 11:48 AM
BullDog Guys/gals, I do not wish to boast, rather I say very humbly, I think I am getting a knack of capturing market swings as u can see from my trades above.

I have several mo batches in play.

Technique:
Batch it up
Do a swing, rather tah day trade
May 27th, 2011 12:05 PM
membar
Quote:
BullDog wrote:
Technique:
Batch it up
Do a swing, rather tah day trade

Bulldog: when do you buy and when do you sell? (You might have explained this in more detail once, but I forgot.)
May 27th, 2011 12:22 PM
BullDog membar -
Watch S&P range; right now 1300 - 1350
Watch S&P sub-range - right now 1315 to 1335

Buy on down days, sell on up days
Buy a variety of sectors. Defensive and offensive stocks tend to move in opposite directions.
For example I sold AA today and bought F and DUK
Be prepared to hold for a few days
May 27th, 2011 02:37 PM
membar
Quote:
BullDog wrote:
Buy on down days, sell on up days

Are you saying that "down" days are at the lower end of the range and "up" days are at the higher end? What timeframe did you use to determine that range?

Also, am I dreaming or have Allen's and shazee's posts vanished today?
May 27th, 2011 04:24 PM
allen314159 I didn't post today. Overnight hold is fas.

Anyway I won't be able to post since I've gotta lotta traveling over the next couple of weeks.