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2014 Trading Thread 2014 Trading Thread

05-29-2014 , 03:41 PM
Yeah watching BAH. I've been following secondaries so I'm also looking at DDD RXN BEE
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05-29-2014 , 03:52 PM
Quote:
Originally Posted by jb514
Yeah watching BAH. I've been following secondaries so I'm also looking at DDD RXN BEE
Why DDD?

I bought at $49/50 and watched it go up in the 90's and all the way back down. Holding on for dear life at this point, and I can't decide whether to hold, buy more, or sell, LOL.

I like 3D printing as an industry and I'd like to ad HP, XONE, etc and just have the whole bag at some point.
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05-29-2014 , 03:59 PM
another easy squeeze into the close,as bears must be in hibernation? posting has died the last few sessions?

sold 1/3 of all holdings at close incl MF's ,long term and recent trading longs IWM, QQQ and SPY

still holding my small TLT short (gross )

but very confident i will trade my recent thorn (GDX) into a profit(almost there)

up ~17% YTD,and will sit comfortably in cash the next few weeks,barring any substantial market moves

cheers

BUT when "certain posters" decide inevitably to go long at this point in the cycle-my ENTIRE portfolio will be sold

Last edited by TheDempster; 05-29-2014 at 04:03 PM. Reason: LULZ
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05-29-2014 , 04:21 PM
Already short biased, and I rarely go long options, but bought some June 20 SPY 175P that seemed like a good price. Small gamble.

(also, I think the market should go from 1920 to 1740 immediately, dam idiots buying)
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05-29-2014 , 05:16 PM
Quote:
Originally Posted by BigBiceps
Already short biased, and I rarely go long options, but bought some June 20 SPY 175P that seemed like a good price. Small gamble.

(also, I think the market should go from 1920 to 1740 immediately, dam idiots buying)
hi BB

it appears you are short biased..do have any individual LONGS now?

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05-29-2014 , 05:20 PM
I am long VZ, SLV and a variety of various fixed income CEFs.

I am also short a bunch of SPX puts at 1400 at various expirations that is indirectly a long (but kind of far out of the money).

I am not long anything that is popular.
2014 Trading Thread Quote
05-29-2014 , 05:40 PM
Quote:
Originally Posted by BigBiceps
I am long VZ, SLV and a variety of various fixed income CEFs.

I am also short a bunch of SPX puts at 1400 at various expirations that is indirectly a long (but kind of far out of the money).

I am not long anything that is popular.
anything interest rate sensitive has been a HUGE winner YTD (div equities,munis,CEF,s,bills,etc)

but my recent re-entry GLD trade hasn't gone well either (SLV)

the recent push higher in the S&P looks very top heavy for the 1st time in 4+ yrs IMO,but w/o retail participation yet,the inevitable top might be higher?
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05-29-2014 , 05:49 PM
Quote:
Originally Posted by TheDempster
hi BB

it appears you are short biased..do have any individual LONGS now?

Wrong target. Chances of BB capitulating is around zero.
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05-29-2014 , 06:00 PM
Quote:
Originally Posted by BrianTheMick2
Wrong target. Chances of BB capitulating is around zero.
dude...you are the biggest troll on this forum

wtf did my question have to do with your reply?
2014 Trading Thread Quote
05-29-2014 , 08:51 PM
Quote:
Originally Posted by TheDempster
dude...you are the biggest troll on this forum

wtf did my question have to do with your reply?
"BUT when "certain posters" decide inevitably to go long at this point in the cycle-my ENTIRE portfolio will be sold "

What else could you possibly mean other than you were waiting for signs of capitulation?
2014 Trading Thread Quote
05-30-2014 , 12:05 AM
Quote:
Originally Posted by TheDempster
dude...you are the biggest troll on this forum

wtf did my question have to do with your reply?
C'mon Brian doesn't even crack the top 25 BFI trolls list.

best asterisk usage? Sure. Troll? Nah

in other news my EA trade didn't trigger..

Today's trading is making me second guess my plan though. I was thinking of going from dip buyin/range bound trading (as I have all year) to breakout trading. A lot of breakouts are failing however and the beaten down stocks are what's popping.

I'm running EA tomorrow again...we'll see if it pops. It's got to get above $35.18
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05-30-2014 , 12:14 AM
Quote:
Originally Posted by BigBiceps
I am long VZ, SLV and a variety of various fixed income CEFs.

I am also short a bunch of SPX puts at 1400 at various expirations that is indirectly a long (but kind of far out of the money).

I am not long anything that is popular.
Been sitting on the sidelines except for crm , which is going to be the death of me stock and hpq , I feel we will start going down next week , so I will hold.
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05-30-2014 , 02:08 AM
Quote:
Originally Posted by WorldBoFree
Why DDD?

I bought at $49/50 and watched it go up in the 90's and all the way back down. Holding on for dear life at this point, and I can't decide whether to hold, buy more, or sell, LOL.

I like 3D printing as an industry and I'd like to ad HP, XONE, etc and just have the whole bag at some point.
Looks like HP wont be targeting the 3D printing sector afterall.

DDD is still in acquisition mode....
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05-30-2014 , 02:39 AM
Btw. I installed instagram three days ago ,and the freaking program is absolutely genius. I'm not saying Facebook paid a cheap price. I'm saying they saw who was going to eat their lunch and decided to be proactive about it.
2014 Trading Thread Quote
05-30-2014 , 10:49 AM
Quote:
Originally Posted by savant111
C'mon Brian doesn't even crack the top 25 BFI trolls list.

best asterisk usage? Sure. Troll? Nah

in other news my EA trade didn't trigger..

Today's trading is making me second guess my plan though. I was thinking of going from dip buyin/range bound trading (as I have all year) to breakout trading. A lot of breakouts are failing however and the beaten down stocks are what's popping.

I'm running EA tomorrow again...we'll see if it pops. It's got to get above $35.18
Its hard to buy anything long if you're a swingtrader the markets are too extended, ideally you want it to base out and rest presenting a low risk opportunity. The flip side, if you're a daytrader, this is the ideal scenario to trade.
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05-30-2014 , 11:15 AM
Msl small bank very bullish
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05-30-2014 , 11:17 AM
Quote:
Originally Posted by leeboa
Its hard to buy anything long if you're a swingtrader the markets are too extended, ideally you want it to base out and rest presenting a low risk opportunity. The flip side, if you're a daytrader, this is the ideal scenario to trade.
I trade on a week-2 month time frame. I'm not sure the markets are too extended. The S&P for example just broke out of a 3 month long base. There is room to run if the macro catalysts are there.

Anyway...obligatory end of month update. I'm going to finish up about 4.8% for May thanks to the EA earnings report (which feels like forever ago) and a strong month out of URI. Up 15.6% YTD.

It's going to be hard to keep the run good going in June as I'm so underinvested at the moment. We'll see how things go.

GL all!
2014 Trading Thread Quote
05-30-2014 , 11:32 AM
Quote:
Originally Posted by savant111
I trade on a week-2 month time frame. I'm not sure the markets are too extended. The S&P for example just broke out of a 3 month long base. There is room to run if the macro catalysts are there.

Anyway...obligatory end of month update. I'm going to finish up about 4.8% for May thanks to the EA earnings report (which feels like forever ago) and a strong month out of URI. Up 15.6% YTD.

It's going to be hard to keep the run good going in June as I'm so underinvested at the moment. We'll see how things go.

GL all!
There is a wedge on the hourly suggesting that almost the entire move upward is complete for now. Although I trade this purely on price TA, I do however want to say that watching nasdaq and s&p futures day in and day out, my gut tells me we are in a state of irrationality. There is no longer any real resistance levels other than psychological ones like 1925 or 1950, and fibonacci perceived resistance lines. I watch each day and there is just a huge reluctance for bears to want to come in and short, and for bulls to do any selling so it winds up begrudgingly moving higher and sneaking into ATH's often overnight when volume is low. Also it seems like M&A activity is picking up lots of steam and is rewarding both sides of these deals for the most part and with debt so cheap it seems unlikely that this will do anything but continue to power on and give reason for the markets to keep pushing higher. It is a bit of a fakeout though because I still mostly just see a few big names propping the whole house of cards up. Will be interesting to see what ultimately happens in the future.
2014 Trading Thread Quote
05-30-2014 , 11:36 AM
Quote:
Originally Posted by BigBiceps
Sold my ESD today; 7 months, +4% and another +4% in dividends.

I full expect something similar with a dividend cut that happened with GIM 2 months ago and AWF last week. This will cause some irrational selling and then I might buy it back.

Furthermore, it is having a toppish chart formation and an unfavorable z-score.

Also, I don't want too much international bond, and I just took a big for me (5%) position in AWF yesterday.
Sold half of my AWF on the bounce of the last few days, keeping the other half.
Kicking myself a little on ESD, it is the second time I sold something and the next day it broke out convincingly.
2014 Trading Thread Quote
05-30-2014 , 12:08 PM
Quote:
Originally Posted by savant111
I trade on a week-2 month time frame. I'm not sure the markets are too extended. The S&P for example just broke out of a 3 month long base. There is room to run if the macro catalysts are there.

Anyway...obligatory end of month update. I'm going to finish up about 4.8% for May thanks to the EA earnings report (which feels like forever ago) and a strong month out of URI. Up 15.6% YTD.

It's going to be hard to keep the run good going in June as I'm so underinvested at the moment. We'll see how things go.

GL all!
a week to 2 month timeframe... is a bit of a wide range, If I do swing trade I trade roughly up to 2 weeks so I will focus on the Daily chart.
However, lets pull up the weekly here, the next level of closest support is 185 on the $SPY. you're buying it 7-8 points off the nearest support so if you're target is at least 2:1 youcould buy it here, again its how you perceive value. We all have our timeframes but as traders I want to narrow in on the chart and see levels of risk and levels of potential targets.

[IMG][/IMG]

I'll be looking to add some swings as well if we get a dip in the markets to this level indicated below. The lower it goes, the less risk, given that the market doesn't just flush 10 points, I'll be looking to add some stocks.
I want to emphasize that this is just my own perspective, it doesn't mean I'm right, it's just we all trade on different timeframes and have different styles. This is just my opinion on how I see the current market and where it can go.

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05-30-2014 , 12:12 PM
I'm looking at $JD for a swing tho on short time frame 24.00 support/stop area idea
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05-30-2014 , 12:15 PM
Quote:
Originally Posted by BigBiceps
Sold half of my AWF on the bounce of the last few days, keeping the other half.
Kicking myself a little on ESD, it is the second time I sold something and the next day it broke out convincingly.
CA muni CEFs not exactly having a great day.
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05-30-2014 , 12:41 PM
scratch $JD for now
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05-30-2014 , 03:26 PM
620m for sale 600m to buy by 1.2b for sale
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05-30-2014 , 04:04 PM
just LOL at the close

have a nice w/e
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