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| luc1grunt 622 posts msg #53793 - Ignore luc1grunt |
8/2/2007 11:07:24 PM I experimented with penny's for a bit (I still watch for opportunities) and here is what I did: Surf the forums. Watch the spam and the newsletters (for the one's to avoid,they've topped). Get in as the buzz causes only a minor spike in volume (you're still ahead of the game). Watch the buzz continue to get the top threads of the forums and the pumping ramps up. Sell quick. Not claiming expertise, but TA (I found) is absolutely useless without chat/newsletter/forum buzz. There's always "news" on this "shit". My .02. Back to the 'Livet |
| karennma 8,057 posts msg #53796 - Ignore karennma |
8/3/2007 8:07:20 AM sspe |
| 13th_floor 724 posts msg #53797 - Ignore 13th_floor |
8/3/2007 9:31:15 AM MTTG .. if the volume comes over 1.45. Stay right on it to protect profits if it starts to run. |
| karennma 8,057 posts msg #53806 - Ignore karennma |
8/3/2007 1:43:05 PM sspe ... oops ... sspe turned out to be just another POS. :>( |
| nikoschopen 2,824 posts msg #53808 - Ignore nikoschopen |
8/3/2007 2:51:08 PM Yeah, I traded POS many times myself. Although it ain't much better, I prefer MOFO over POS. But, as Jr correctly points out, they're all crap to say the least. ;) |
| jrbikes 624 posts msg #53820 - Ignore jrbikes |
8/3/2007 5:42:07 PM ALL STOCKS ARE CRAP!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Hey, why is it when GE goes up, the pennies dont go up? since the news seems to think that the market runs on 2 or 3 major companies! here is a novel thought, more buying, price goes up, more selling, price goes down! MMMMMMMMMMMMMMMMMM what do you think? LOL Wonder if Willie Nelson and Morgan Freeman sold all that EBOF? |
| Niagara 49 posts msg #53836 - Ignore Niagara |
8/4/2007 7:42:43 PM |
| 13th_floor 724 posts msg #53838 - Ignore 13th_floor |
8/4/2007 9:35:52 PM jrbikes says: ALL STOCKS ARE CRAP!!!!!!!!!!!!!!!!!!!!!!!!!!!!! xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx This may be true but not on the one day you can nail them. 13th_floor says: 8/3/2007 6:31:15 AM MTTG .. if the volume comes over 1.45. Stay right on it to protect profits if it starts to run. Took out a eod profit of 21% on this crap stock on a day when the dow was down 280 pts. The huge volume increase from 21k to 711k made it a "live" watch. |
| jrbikes 624 posts msg #53851 - Ignore jrbikes |
8/5/2007 4:15:38 PM When I say all stocks are crap, I am refering to a long term theology, sure, you can catch them with the rise, but you wont hold a penny stock for too long, cause statistically, you will loose money, yeah, Wal-Mart use to be a penny stock, but those are isolated incidences, and by the way, that is a cool chart, and you have to understand that I work a full time job, so it is a most daughnting task to trade pennies, thats why I use the trend line philosophy, it is just a little more safe, as far as safe goes! I thought about trying to get some kind of system to take to work so I could check at the pivotal times during the day, its amazing how you can allmost predict at what times the market will swing one way or the other! any one know of a way to go mobile? |
| nikoschopen 2,824 posts msg #53853 - Ignore nikoschopen |
8/5/2007 4:38:33 PM Niagara, just what are those horizontal lines? |
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