How To Invest - How To Buy Stocks - Big Wave Trading » GS http://bigwavetrading.com How to invest in the stock market today. Join Joshua Hayes at Big Wave Trading to learn how to buy stocks in good markets and avoid heavy losses in bad markets. Fri, 10 Feb 2012 01:17:16 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Traders Shrug off Sluggish Economic News and Earthquake and Close Higher on Volume http://bigwavetrading.com/9975/traders-shrug-off-sluggish-economic-news-and-earthquake-and-close-higher-on-volume/ http://bigwavetrading.com/9975/traders-shrug-off-sluggish-economic-news-and-earthquake-and-close-higher-on-volume/#comments Tue, 23 Aug 2011 20:55:10 +0000 Big_Wave_Trader http://bigwavetrading.com/?p=9975 Futures looked mighty chipper to begin the day. Early morning trading saw sellers take control right off the bat, but the party would not last long for sellers. Shrugging off dismal numbers from New Home sales and a very disappointing reading from the Richmond Fed Manufacturing index, stocks moved higher. Volume run rates weren’t all that convincing until the end of the day, but kicked up when the 5.8 earthquake struck central Virginia. Market leaders, thin leadership moved higher and produced one breakout. However, the majority of leaders remain UNDER their 50 day moving average and proving very little. Confirming market rallies need new leadership and old leadership looking solid, today is just NOT the case. We have a new uptrend confirmed on day 11 of the attempted rally, but it appears very shaky at best.

Successful follow-through days normally have volume well above the 50 day volume moving average. Although volume was higher than Monday’s light day it was under the 50 day average, a sign Institutions weren’t excited about today’s move in stocks. In fact, the move appears to be more like a sharp rally you see in bear markets due to shorts being squeezed out of positions. Whatever the reason, big percentage gains like we see today occur during bear markets and not during solid uptrends. This market needs some serious help from its leading stocks if this uptrend has ANY chance to succeed.

Bank of America (BAC) and Goldman Sachs (GS) continue to price in something awful ahead. Whatever it may be these stocks continue to take a beating hitting new 52 week lows. Buying 52 week lows is always a losing proposition. Many do not realize buying strength is a more formidable trading strategy. Buying stocks on the cheap may seem appealing, but usually the stock is cheap for a reason. It is best to avoid these types of stocks and stick with strength over the long haul.

This little confirmed rally does have the chance to continue moving higher. Last week’s gap created last Thursday is a logical stop and one we should be paying attention to. Any distribution in the next few days will likely spell trouble for this rally. We do see this as an opportunity from our short wish list to setup for us in the near future. We aren’t in a new bull market, just a snap back rally in a newly formed bear market.

]]> http://bigwavetrading.com/9975/traders-shrug-off-sluggish-economic-news-and-earthquake-and-close-higher-on-volume/feed/ 0 Stocks Fly Out of the Gate, but Fade Significantly into the Close http://bigwavetrading.com/9962/stocks-fly-out-of-the-gate-but-fade-significantly-into-the-close/ http://bigwavetrading.com/9962/stocks-fly-out-of-the-gate-but-fade-significantly-into-the-close/#comments Mon, 22 Aug 2011 20:43:44 +0000 Big_Wave_Trader http://bigwavetrading.com/?p=9962 On the back of the Libya news stocks jumped higher out of the gate, jumping as high as two percent. A better than expected, but still negative reading from Chicago Fed did help boost stocks at the open. Sellers took control at the open as the market could not even hold opening prices. Gold prices did not join in the roll over and continued to move higher. A noon rally was able to recover about half of the day’s losses, but sellers took over once again pushing stocks back to the lows. Leading to the lows were Small Cap stocks and financial stocks. Once again, the stock market continues to act like it wants to go lower and today’s action was another signal this downtrend still has legs.

Our top leaders list went from 15 names to TWO names from last week’s action. We do not want to see this situation with more leaders getting knocked off. More and more leaders are being placed into the waste bucket as this market continues to push forward. Just because we don’t have leaders now it DOES NOT mean we will never see a good one ever again. In the future we will see new leaders form and breakout of solid bases. Until we begin seeing these types of leaders emerging, any rally will not last.

Banks continue to look terrible. BAC and GS are looking like they are insolvent and ready to pass “GO” and head straight for bankruptcy court. There are plenty of reasons why the banks are in trouble, one could be they still hold toxic assets from the Real Estate boom and bust. Regardless of the reason why they are going down, they are going down. Banks are toxic at the moment and are pricing in further pain for investors who are long. Avoid banks at all costs

This market action is certainly pricing in something, certainly economic pain for the global economy. If we avoided kicking the proverbial can down the road at every crossroad we could be on our way to prosperity. Unfortunately, we tend to not want to deal with our issues and let someone else take care of them. Cash is king and there are plenty of opportunities on the short side. Once these storm clouds clear and we get new leaders we’ll change our stance. For now, cash is king!

]]> http://bigwavetrading.com/9962/stocks-fly-out-of-the-gate-but-fade-significantly-into-the-close/feed/ 0 Stocks Fall in Light Trade as Leaders Look for Support http://bigwavetrading.com/7768/stocks-fall-in-light-trade-as-leaders-look-for-support/ http://bigwavetrading.com/7768/stocks-fall-in-light-trade-as-leaders-look-for-support/#comments Mon, 04 Oct 2010 20:49:11 +0000 BigWave_Trader http://www.bigwavetrading.com/?p=7768 Goldman downgrades MSFT as Pending Home sales fail to ignite buyers

The past two Monday’s have not been kind as stocks slid in lighter trade.  Goldman Sachs removed MSFT stock from its conviction buy list sending the stock lower thus, bringing down the rest of the technology sector with it.  Although volume was light the magnitude of the price decline is something to take notice.  We saw the NASDAQ drop 111 basis points while the S&P 500 dropped 80 basis points, but we did see a number of leaders find support at key areas even on a down day.  Overall, the picture has darkened with leaders continuing to see selling, but with support near it is time for these leaders to step up and push higher.

Last week the market leaders took hits after racing higher from the September 1st follow-through day.  It is not uncommon to see market leaders reverse and trim their gains, but it appears more common than not these stocks pull back faster than normal.  Regardless, many are finding support and need to find institutional support.  Otherwise, this market risks the possibility of a more severe decline.

Goldman Sachs downgrade of MSFT was a big deal as MSFT makes up more than 6% of the NASDAQ composite index not too mention it hurts other technology stocks.  The firm has been in decline since 2000 and continues to fail at re-innovating themselves much like AAPL has done.  This continued failure of reinvigorating themselves as left many buyers on the sidelines no matter how “cheap” the stock may appear.  Investors want growth in new products and services and MSFT continues to disappoint.

Last year we saw plenty of 3-5% pullbacks and the occasional 8% pullback only to see the market and its leaders higher a month later.  The constant up and down action is not out of the question here and those who were able to hold through the small hiccups in the market were rewarded handsomely.  A few leaders are holding above their buy points, but a few are at or below.  It isn’t out of the norm to see leading stocks pull back to their pivot or below.  However, it is crucial to see these stocks reverse and move higher in a short time frame.  Further downside action will signal a decline more than a simply 3-5% pullback.

Sentiment has been decidedly BULLISH and these types of trading days will certainly change the minds of the weak bulls and favor the bears.  With volume being so light, a pull back of even of today’s magnitude appears like consolidation rather than foreshadowing a much bigger decline.  However, sentiment will more than likely tip to the bears as we are beginning to see bears stomping their feet this market is done.

The longer term trend is still in the uptrend and until we have more distribution and leaders falling lower this trend stays in place even if the short term trend is flat.

Always cut your losses short.

]]> http://bigwavetrading.com/7768/stocks-fall-in-light-trade-as-leaders-look-for-support/feed/ 0 Members Discuss with MauiTrader about their gains and the state of the Market http://bigwavetrading.com/1060/members-discuss-with-mauitrader-about-their-gains-and-the-state-of-the-market/ http://bigwavetrading.com/1060/members-discuss-with-mauitrader-about-their-gains-and-the-state-of-the-market/#comments Sat, 05 Jan 2008 02:54:24 +0000 BigWave_Trader http://www.bigwavetrading.com/2008/01/04/members-discuss-with-mauitrader-about-their-gains-and-the-state-of-the-market/ Today marked an interesting day for the Markets.  Some Platinum members expressed how happy they are with the Big Wave Trading service today in MauiTrader’s Lounge.  This snip-bit from today’s conversation shows you that we are serious yet have the ability to have a bit of fun.  We are heading into bear territory with the market, its been a slow rolling death since the high at the end of October.  Check out the conversation!

[2008-01-04 14:50:43] [MauiTrader's Lounge] M. Speculator : bye bye aug lows
[2008-01-04 14:50:47] [MauiTrader's Lounge] M. Speculator : i mean nov lows
[2008-01-04 14:51:11] [MauiTrader's Lounge] Brian : close below nov lows would be big
[2008-01-04 14:51:43] [MauiTrader's Lounge] M. Speculator : very big
[2008-01-04 14:52:17] [MauiTrader's Lounge] Brian : wow, today is a fantastic day for me
[2008-01-04 14:52:21] [MauiTrader's Lounge] M. Speculator : ha ha
[2008-01-04 14:52:35] [MauiTrader's Lounge] Brian : up 3%, but more importantly my acct is up 20% from where it bottomed in early Nov
[2008-01-04 14:52:36] [MauiTrader's Lounge] M. Speculator : volume going to be higher
[2008-01-04 14:52:41] [MauiTrader's Lounge] M. Speculator : very nice
[2008-01-04 14:52:45] [MauiTrader's Lounge] MauiTrader : wow, brian
[2008-01-04 14:52:49] [MauiTrader's Lounge] MauiTrader : wtg!!!!!!!!
[2008-01-04 14:53:01] [MauiTrader's Lounge] MauiTrader : mine is up a LOT but not quite sure the number
[2008-01-04 14:53:01] [MauiTrader's Lounge] Brian : this is just my small trading acct, but I’m very pleased
[2008-01-04 14:53:05] [MauiTrader's Lounge] MauiTrader : wow
[2008-01-04 14:53:16] [MauiTrader's Lounge] Brian : IRAs are cash
[2008-01-04 14:53:18] [MauiTrader's Lounge] MauiTrader : and jsut think how many are long SLM wondering what is goin on? :(
[2008-01-04 14:53:23] [MauiTrader's Lounge] David322 : looks like we bottomed here
[2008-01-04 14:53:26] [MauiTrader's Lounge] MauiTrader : me too, minus one long: DAR
[2008-01-04 14:53:33] [MauiTrader's Lounge] MauiTrader : i have DAR in my IRA
[2008-01-04 14:53:36] [MauiTrader's Lounge] MauiTrader : 10% of the account
[2008-01-04 14:53:44] [MauiTrader's Lounge] MauiTrader : up 13%
[2008-01-04 14:53:48] [MauiTrader's Lounge] David322 : wd brian
[2008-01-04 14:53:54] [MauiTrader's Lounge] Brian : I sold otex this week, was my last long in the ira
[2008-01-04 14:53:56] [MauiTrader's Lounge] Brian : ty
[2008-01-04 14:54:08] [MauiTrader's Lounge] MauiTrader : and took 20% of trade off on 11/29 with a 6% gain
[2008-01-04 14:54:17] [MauiTrader's Lounge] M. Speculator : David did you take profits?
[2008-01-04 14:54:21] [MauiTrader's Lounge] MauiTrader : i pray they leave DAR alone
[2008-01-04 14:54:23] [MauiTrader's Lounge] Brian : it’s not a year’s wages or anything, but it’s a start :P
[2008-01-04 14:54:24] [MauiTrader's Lounge] David322 : no Mahket, not yet
[2008-01-04 14:54:24] [MauiTrader's Lounge] M. Speculator : lol
[2008-01-04 14:54:27] [MauiTrader's Lounge] MauiTrader : notice i haven’t been talking about it :)
[2008-01-04 14:54:39] [MauiTrader's Lounge] MauiTrader : nice david
[2008-01-04 14:54:41] [MauiTrader's Lounge] M. Speculator : stop
[2008-01-04 14:54:42] [MauiTrader's Lounge] David322 : it’s been a good position, treated me well, got to be rational
[2008-01-04 14:54:47] [MauiTrader's Lounge] MauiTrader : you going to buy a flat in London?
[2008-01-04 14:54:59] [MauiTrader's Lounge] David322 : lol josh, was 28pp not 2800pp
[2008-01-04 14:55:00] [MauiTrader's Lounge] M. Speculator : your put options on NDX
[2008-01-04 14:55:06] [MauiTrader's Lounge] M. Speculator : must be doing well
[2008-01-04 14:55:07] [MauiTrader's Lounge] David322 : well in the money now
[2008-01-04 14:55:09] [MauiTrader's Lounge] David322 : yep
[2008-01-04 14:55:16] [MauiTrader's Lounge] David322 : although volatility hasn’t performed
[2008-01-04 14:55:21] [MauiTrader's Lounge] M. Speculator : with the VIX not moving
[2008-01-04 14:55:21] [MauiTrader's Lounge] MauiTrader : not at all
[2008-01-04 14:55:24] [MauiTrader's Lounge] MauiTrader : killin gme
[2008-01-04 14:55:26] [MauiTrader's Lounge] MauiTrader : this VIX
[2008-01-04 14:55:30] [MauiTrader's Lounge] David322 : yeah
[2008-01-04 14:55:30] [MauiTrader's Lounge] MauiTrader : slow death is a’coming
[2008-01-04 14:55:32] [MauiTrader's Lounge] M. Speculator : still making me think we are going to bounce
[2008-01-04 14:55:35] [MauiTrader's Lounge] David322 : this vix is disgusting
[2008-01-04 14:55:37] [MauiTrader's Lounge] M. Speculator : a little
[2008-01-04 14:55:40] [MauiTrader's Lounge] M. Speculator : be a good time
[2008-01-04 14:55:47] [MauiTrader's Lounge] M. Speculator : to add on shorts
[2008-01-04 14:55:51] [MauiTrader's Lounge] M. Speculator : index shorts
[2008-01-04 14:55:58] [MauiTrader's Lounge] M. Speculator : TWM DXD SDD QID
[2008-01-04 14:56:26] [MauiTrader's Lounge] M. Speculator : going to sign up for teh gym here
[2008-01-04 14:56:28] [MauiTrader's Lounge] M. Speculator : bbiab
[2008-01-04 14:56:43] [MauiTrader's Lounge] M. Speculator : gotta get to it at some point
[2008-01-04 14:59:44] [MauiTrader's Lounge] Brian : wonder how many of the bigboys are still on vacation?
[2008-01-04 15:01:12] [MauiTrader's Lounge] David322 : NDX on 200dma
[2008-01-04 15:03:29] [MauiTrader's Lounge] MauiTrader : probably not many brian
[2008-01-04 15:03:36] [MauiTrader's Lounge] MauiTrader : it looks like they came back yesterday and were like
[2008-01-04 15:03:42] [MauiTrader's Lounge] MauiTrader : “thanx for the bids”
[2008-01-04 15:03:44] [MauiTrader's Lounge] MauiTrader : smash em!
[2008-01-04 15:04:01] [MauiTrader's Lounge] MauiTrader : wtg market
[2008-01-04 15:04:03] [MauiTrader's Lounge] MauiTrader : the gym
[2008-01-04 15:04:11] [MauiTrader's Lounge] MauiTrader : yesterday i could ONLY walk :(
[2008-01-04 15:04:14] [MauiTrader's Lounge] MauiTrader : back hurt too much
[2008-01-04 15:04:17] [MauiTrader's Lounge] MauiTrader : but got to troop on
[2008-01-04 15:04:27] [MauiTrader's Lounge] MauiTrader : but pain in unbelievable
[2008-01-04 15:04:33] [MauiTrader's Lounge] MauiTrader : after i get going over a certain speed
[2008-01-04 15:04:39] [MauiTrader's Lounge] MauiTrader : so odd
[2008-01-04 15:07:13] [MauiTrader's Lounge] daviscal : gosh!!!
[2008-01-04 15:07:22] [MauiTrader's Lounge] daviscal : 90 points drop in Naz!!!
[2008-01-04 15:07:25] [MauiTrader's Lounge] daviscal : wooow
[2008-01-04 15:10:06] [MauiTrader's Lounge] M. Speculator : i miss vivek not being here
[2008-01-04 15:10:22] [MauiTrader's Lounge] M. Speculator : and his dip buyers
[2008-01-04 15:18:33] [MauiTrader's Lounge] MauiTrader : aloha vivke
[2008-01-04 15:18:35] [MauiTrader's Lounge] Brian : wonder how much the market will jump next month when they “revise” this month’s job numbers up? :*-/
[2008-01-04 15:18:39] [MauiTrader's Lounge] MauiTrader : wow
[2008-01-04 15:18:40] [MauiTrader's Lounge] Brian : hey vivek
[2008-01-04 15:18:41] [MauiTrader's Lounge] MauiTrader : market
[2008-01-04 15:18:50] [MauiTrader's Lounge] MauiTrader : you speak
[2008-01-04 15:18:53] [MauiTrader's Lounge] MauiTrader : and you are answered
[2008-01-04 15:19:02] [MauiTrader's Lounge] MauiTrader : wow
[2008-01-04 15:19:11] [MauiTrader's Lounge] MauiTrader : lol, brian
[2008-01-04 15:19:15] [MauiTrader's Lounge] MauiTrader : not by much i am sure
[2008-01-04 15:19:18] [MauiTrader's Lounge] MauiTrader : well nto s ure
[2008-01-04 15:19:23] [MauiTrader's Lounge] MauiTrader : but it doesn’t look good
[2008-01-04 15:19:30] [MauiTrader's Lounge] Brian : like in sept
[2008-01-04 15:19:44] [MauiTrader's Lounge] MauiTrader : going to post my last big winner from 00-01
[2008-01-04 15:19:51] [MauiTrader's Lounge] MauiTrader : we are moving on up to the current years
[2008-01-04 15:19:55] [MauiTrader's Lounge] Brian : oh wait, did we say -40,000? we meant +100,000
[2008-01-04 15:20:12] [MauiTrader's Lounge] MauiTrader : you know why it is revised rigth?
[2008-01-04 15:20:19] [MauiTrader's Lounge] MauiTrader : certain sectors don’t report on time
[2008-01-04 15:20:26] [MauiTrader's Lounge] Brian : teachers?
[2008-01-04 15:20:27] [MauiTrader's Lounge] MauiTrader : they don’t make “their deadline”
[2008-01-04 15:20:30] [MauiTrader's Lounge] MauiTrader : not sure
[2008-01-04 15:20:30] [MauiTrader's Lounge] Brian : or something like that
[2008-01-04 15:20:32] [MauiTrader's Lounge] MauiTrader : it can be anyone
[2008-01-04 15:20:41] [MauiTrader's Lounge] MauiTrader : deadlines pass all the time
[2008-01-04 15:20:45] [MauiTrader's Lounge] MauiTrader : with people missing it
[2008-01-04 15:20:52] [MauiTrader's Lounge] MauiTrader : that is why their are revisions
[2008-01-04 15:20:54] [MauiTrader's Lounge] MauiTrader : losses and gains
[2008-01-04 15:20:56] [MauiTrader's Lounge] Brian : yeah, so the market has to know that it gets corrected later…
[2008-01-04 15:20:57] [MauiTrader's Lounge] MauiTrader : aren’t all in
[2008-01-04 15:20:59] [MauiTrader's Lounge] MauiTrader : until much later
[2008-01-04 15:21:03] [MauiTrader's Lounge] MauiTrader : yeah
[2008-01-04 15:21:05] [MauiTrader's Lounge] MauiTrader : but market
[2008-01-04 15:21:09] [MauiTrader's Lounge] MauiTrader : is not playing off the revised numbers
[2008-01-04 15:21:10] [MauiTrader's Lounge] MauiTrader : much
[2008-01-04 15:21:12] [MauiTrader's Lounge] MauiTrader : or does not
[2008-01-04 15:21:13] [MauiTrader's Lounge] MauiTrader : play
[2008-01-04 15:21:16] [MauiTrader's Lounge] MauiTrader : off the revised
[2008-01-04 15:21:18] [MauiTrader's Lounge] Brian : so they big boys probably know that today might be off by a few, but they’re usuing it as an excuse to sell
[2008-01-04 15:21:24] [MauiTrader's Lounge] MauiTrader : oh
[2008-01-04 15:21:29] [MauiTrader's Lounge] MauiTrader : they were going to sell no matter what
[2008-01-04 15:21:30] [MauiTrader's Lounge] MauiTrader : i am sure
[2008-01-04 15:21:32] [MauiTrader's Lounge] MauiTrader : the number
[2008-01-04 15:21:33] [MauiTrader's Lounge] Brian : just a theory
[2008-01-04 15:21:33] [MauiTrader's Lounge] MauiTrader : DID
[2008-01-04 15:21:34] [MauiTrader's Lounge] MauiTrader : push some more
[2008-01-04 15:21:39] [MauiTrader's Lounge] MauiTrader : but they wee going to beselling
[2008-01-04 15:21:43] [MauiTrader's Lounge] MauiTrader : no matter what
[2008-01-04 15:21:46] [MauiTrader's Lounge] MauiTrader : they got back
[2008-01-04 15:21:49] [MauiTrader's Lounge] Brian : yeah, true.
[2008-01-04 15:21:50] [MauiTrader's Lounge] MauiTrader : after thinking about things
[2008-01-04 15:21:55] [MauiTrader's Lounge] Brian : or the media just has to have a headline
[2008-01-04 15:21:57] [MauiTrader's Lounge] MauiTrader : and decided they got a little bid
[2008-01-04 15:21:58] [MauiTrader's Lounge] MauiTrader : to hit
[2008-01-04 15:22:07] [MauiTrader's Lounge] MauiTrader : always, brian
[2008-01-04 15:22:09] [MauiTrader's Lounge] MauiTrader : make anything up
[2008-01-04 15:22:19] [MauiTrader's Lounge] MauiTrader : my cat farted in my dogs face and Nassy drops 100
[2008-01-04 15:22:22] [MauiTrader's Lounge] MauiTrader : they might as well say
[2008-01-04 15:22:26] [MauiTrader's Lounge] MauiTrader : because the real rason is
[2008-01-04 15:22:34] [MauiTrader's Lounge] MauiTrader : more public selling than public buying

[2008-01-04 15:23:16] [MauiTrader's Lounge] MauiTrader : Shark
[2008-01-04 15:23:22] [MauiTrader's Lounge] MauiTrader : and Kristin also told me
[2008-01-04 15:23:29] [MauiTrader's Lounge] MauiTrader : that yes I do have a free sub to RM now
[2008-01-04 15:23:40] [MauiTrader's Lounge] MauiTrader : so that is why i still have access
[2008-01-04 15:23:48] [MauiTrader's Lounge] Brian : fringe benefits
[2008-01-04 15:23:54] [MauiTrader's Lounge] MauiTrader : small
[2008-01-04 15:23:55] [MauiTrader's Lounge] MauiTrader : wow
[2008-01-04 15:23:57] [MauiTrader's Lounge] MauiTrader : quick visit
[2008-01-04 15:23:59] [MauiTrader's Lounge] MauiTrader : by vivek
[2008-01-04 15:24:03] [MauiTrader's Lounge] MauiTrader : but cool how market mentioned hm
[2008-01-04 15:24:05] [MauiTrader's Lounge] MauiTrader : and he showed up
[2008-01-04 15:24:12] [MauiTrader's Lounge] Brian : heh
[2008-01-04 15:24:44] [MauiTrader's Lounge] MauiTrader : little rally here
[2008-01-04 15:24:49] [MauiTrader's Lounge] MauiTrader : allieviates the hard core
[2008-01-04 15:24:54] [MauiTrader's Lounge] MauiTrader : oversold position
[2008-01-04 15:24:59] [MauiTrader's Lounge] MauiTrader : give some hope
[2008-01-04 15:25:29] [MauiTrader's Lounge] Brian : rev said fed move next week?
[2008-01-04 15:25:36] [MauiTrader's Lounge] Brian : I thought an earlier paste said jan30
[2008-01-04 15:26:46] [MauiTrader's Lounge] MauiTrader : he prob is lik e me
[2008-01-04 15:26:50] [MauiTrader's Lounge] MauiTrader : and just didn’t know the date
[2008-01-04 15:26:53] [MauiTrader's Lounge] MauiTrader : but was giving scenario
[2008-01-04 15:27:04] [MauiTrader's Lounge] MauiTrader : my dr. assistant goes “see you in two weeks”
[2008-01-04 15:27:13] [MauiTrader's Lounge] MauiTrader : i look at my paper she gives me and it says “one month”
[2008-01-04 15:27:18] [MauiTrader's Lounge] MauiTrader : same person did the same thing
[2008-01-04 15:27:24] [MauiTrader's Lounge] MauiTrader : but now i have two diff. times
[2008-01-04 15:27:28] [MauiTrader's Lounge] MauiTrader : so it was a mistake
[2008-01-04 15:29:24] [MauiTrader's Lounge] Brian : http://www.federalreserve.gov/whatsnext.htm
[2008-01-04 15:29:34] [MauiTrader's Lounge] Brian : bernanke speech on the 10th
[2008-01-04 15:29:36] [MauiTrader's Lounge] M. Speculator : jan30
[2008-01-04 15:29:46] [MauiTrader's Lounge] Brian : meeting jan 29-30
[2008-01-04 15:29:52] [MauiTrader's Lounge] MauiTrader : book marked that page
[2008-01-04 15:29:56] [MauiTrader's Lounge] M. Speculator : DISGRACED DEMOCRATIC DONOR NORMAN HSU SENTENCED TO THREE YEARS IN PRISON
[2008-01-04 15:31:08] [MauiTrader's Lounge] MauiTrader : having funny internet wierless problems
[2008-01-04 15:31:15] [MauiTrader's Lounge] MauiTrader : only three
[2008-01-04 15:31:16] [MauiTrader's Lounge] MauiTrader : ok
[2008-01-04 15:31:21] [MauiTrader's Lounge] MauiTrader : still at least there was justic served
[2008-01-04 15:31:24] [MauiTrader's Lounge] MauiTrader : aloha author
[2008-01-04 15:31:27] [MauiTrader's Lounge] MauiTrader : enjoyuing the fun
[2008-01-04 15:31:29] [MauiTrader's Lounge] author_ego : aloha
[2008-01-04 15:31:31] [MauiTrader's Lounge] author_ego : oh yes
[2008-01-04 15:31:46] [MauiTrader's Lounge] M. Speculator : aloha author
[2008-01-04 15:31:55] [MauiTrader's Lounge] author_ego : aloha, mahket
[2008-01-04 15:33:25] [MauiTrader's Lounge] M. Speculator : that is great you get a free subscription
[2008-01-04 15:34:54] [MauiTrader's Lounge] M. Speculator : hey hey
[2008-01-04 15:35:02] [MauiTrader's Lounge] M. Speculator : i was saying we needed VIVEK in here
[2008-01-04 15:35:07] [MauiTrader's Lounge] author_ego : maui you’re first article is monday?
[2008-01-04 15:35:12] [MauiTrader's Lounge] author_ego : on RM?
[2008-01-04 15:35:19] [MauiTrader's Lounge] M. Speculator : i can’t wait to comment on it
[2008-01-04 15:35:26] [MauiTrader's Lounge] M. Speculator : i think my sub goes live here soon
[2008-01-04 15:35:30] [MauiTrader's Lounge] M. Speculator : 30 day free trial
[2008-01-04 15:35:36] [MauiTrader's Lounge] vivek : Aloha
[2008-01-04 15:35:47] [MauiTrader's Lounge] author_ego : hey doc
[2008-01-04 15:35:48] [MauiTrader's Lounge] vivek : aloha Mahket
[2008-01-04 15:35:53] [MauiTrader's Lounge] vivek : author my friend
[2008-01-04 15:35:56] [MauiTrader's Lounge] vivek : how are you
[2008-01-04 15:36:02] [MauiTrader's Lounge] author_ego : no complaints here
[2008-01-04 15:36:05] [MauiTrader's Lounge] author_ego : yourself?
[2008-01-04 15:36:05] [MauiTrader's Lounge] M. Speculator : who cares?
[2008-01-04 15:36:09] [MauiTrader's Lounge] author_ego : haha
[2008-01-04 15:36:13] [MauiTrader's Lounge] vivek : fugly market
[2008-01-04 15:36:15] [MauiTrader's Lounge] M. Speculator : about author
[2008-01-04 15:36:17] [MauiTrader's Lounge] author_ego : go have another headache
[2008-01-04 15:36:19] [MauiTrader's Lounge] M. Speculator : lol
[2008-01-04 15:36:21] [MauiTrader's Lounge] vivek : lol
[2008-01-04 15:36:23] [MauiTrader's Lounge] M. Speculator : h aha ha
[2008-01-04 15:36:29] [MauiTrader's Lounge] MauiTrader : http://www.bigwavetrading.com/2008/01/04/mwav-9-11-00-to-11-6-00/
[2008-01-04 15:36:29] [MauiTrader's Lounge] author_ego : and cry about it
[2008-01-04 15:36:31] [MauiTrader's Lounge] M. Speculator : thanks for reminding me
[2008-01-04 15:36:36] [MauiTrader's Lounge] MauiTrader : yes Monday
[2008-01-04 15:36:45] [MauiTrader's Lounge] MauiTrader : first article will be submitted to RealMoney.com
[2008-01-04 15:36:45] [MauiTrader's Lounge] M. Speculator : need to take my Motrin
[2008-01-04 15:36:49] [MauiTrader's Lounge] author_ego : know what i do when i get a headache…i take aspirin and remind myself that i am a man
[2008-01-04 15:36:57] [MauiTrader's Lounge] MauiTrader : as “guest contributor”
[2008-01-04 15:37:00] [MauiTrader's Lounge] vivek : now when is the most anticipated bounce coming for the goldilocks 2.0 economy?
[2008-01-04 15:37:04] [MauiTrader's Lounge] MauiTrader : while we get the deatilas worked out
[2008-01-04 15:37:09] [MauiTrader's Lounge] author_ego : that’s effing great, maui….congrats
[2008-01-04 15:37:17] [MauiTrader's Lounge] vivek : Aloha Josh
[2008-01-04 15:37:20] [MauiTrader's Lounge] MauiTrader : thank you, author
[2008-01-04 15:37:21] [MauiTrader's Lounge] M. Speculator : that is what Mortin is
[2008-01-04 15:37:23] [MauiTrader's Lounge] MauiTrader : hey hey vivek
[2008-01-04 15:37:46] [MauiTrader's Lounge] MauiTrader : great market we got erhe
[2008-01-04 15:37:58] [MauiTrader's Lounge] MauiTrader : very happy at this action
[2008-01-04 15:38:00] [MauiTrader's Lounge] author_ego : it is….great market for taking a vaction
[2008-01-04 15:38:04] [MauiTrader's Lounge] daviscal : big volume down
[2008-01-04 15:38:12] [MauiTrader's Lounge] MauiTrader : i am now for sure, WELL I ALREADY was, that we can now reset most charts
[2008-01-04 15:38:13] [MauiTrader's Lounge] daviscal : nice market!!!
[2008-01-04 15:38:15] [MauiTrader's Lounge] daviscal : i am happy
[2008-01-04 15:38:22] [MauiTrader's Lounge] MauiTrader : me too
[2008-01-04 15:38:27] [MauiTrader's Lounge] MauiTrader : i know some right now
[2008-01-04 15:38:29] [MauiTrader's Lounge] M. Speculator : reset bases?
[2008-01-04 15:38:30] [MauiTrader's Lounge] MauiTrader : IN A LOT OF PAIN
[2008-01-04 15:38:34] [MauiTrader's Lounge] starling3000 : what do you mean by “reset”?
[2008-01-04 15:38:34] [MauiTrader's Lounge] MauiTrader : yes market
[2008-01-04 15:38:35] [MauiTrader's Lounge] MauiTrader : bear market
[2008-01-04 15:38:43] [MauiTrader's Lounge] MauiTrader : resets the bases
[2008-01-04 15:38:50] [MauiTrader's Lounge] MauiTrader : now we can start!! creating bases
[2008-01-04 15:38:58] [MauiTrader's Lounge] M. Speculator : yes, i agree with that
[2008-01-04 15:39:01] [MauiTrader's Lounge] starling3000 : okay, got it
[2008-01-04 15:39:04] [MauiTrader's Lounge] vivek : CNBC yesterday was talking about Mutual fund managers bullish on the economy
[2008-01-04 15:39:10] [MauiTrader's Lounge] M. Speculator : but still think we go take out Aug lows
[2008-01-04 15:39:21] [MauiTrader's Lounge] M. Speculator : the economy can be fine and the market sux
[2008-01-04 15:39:21] [MauiTrader's Lounge] vivek : 90% or more
[2008-01-04 15:39:34] [MauiTrader's Lounge] M. Speculator : perception of how good that economy is
[2008-01-04 15:39:35] [MauiTrader's Lounge] vivek : said spx up 10% or so by year end
[2008-01-04 15:39:39] [MauiTrader's Lounge] author_ego : 68-82…here we come
[2008-01-04 15:39:41] [MauiTrader's Lounge] M. Speculator : LOL
[2008-01-04 15:39:43] [MauiTrader's Lounge] author_ego : boohoo
[2008-01-04 15:39:43] [MauiTrader's Lounge] vivek : Bush said it today
[2008-01-04 15:39:46] [MauiTrader's Lounge] Brian : stock market leads the economy, no?
[2008-01-04 15:40:01] [MauiTrader's Lounge] M. Speculator : most of the time]
[2008-01-04 15:40:39] [MauiTrader's Lounge] MauiTrader : market lead the econ
[2008-01-04 15:40:41] [MauiTrader's Lounge] MauiTrader : yes brian
[2008-01-04 15:40:45] [MauiTrader's Lounge] MauiTrader : i was rereading all the convo
[2008-01-04 15:40:49] [MauiTrader's Lounge] MauiTrader : and i typed what brian posted
[2008-01-04 15:40:50] [MauiTrader's Lounge] MauiTrader : yes
[2008-01-04 15:40:56] [MauiTrader's Lounge] MauiTrader : market is right
[2008-01-04 15:41:00] [MauiTrader's Lounge] MauiTrader : like a follow through
[2008-01-04 15:41:02] [MauiTrader's Lounge] MauiTrader : not all the time
[2008-01-04 15:41:07] [MauiTrader's Lounge] MauiTrader : but when the market falls hard lik enow
[2008-01-04 15:41:13] [MauiTrader's Lounge] M. Speculator : there is no right/wrong
[2008-01-04 15:41:18] [MauiTrader's Lounge] MauiTrader : 80% of time the econ follows
[2008-01-04 15:41:18] [MauiTrader's Lounge] M. Speculator : is what it is
[2008-01-04 15:41:21] [MauiTrader's Lounge] MauiTrader : right
[2008-01-04 15:41:26] [MauiTrader's Lounge] MauiTrader : most of time however
[2008-01-04 15:41:28] [MauiTrader's Lounge] MauiTrader : market wil lead
[2008-01-04 15:41:30] [MauiTrader's Lounge] Brian : usually, then
[2008-01-04 15:41:32] [MauiTrader's Lounge] MauiTrader : bu there have been times
[2008-01-04 15:41:35] [MauiTrader's Lounge] MauiTrader : the market has held
[2008-01-04 15:41:39] [MauiTrader's Lounge] vivek : when can i climb the horseman into the ditch?
[2008-01-04 15:41:40] [MauiTrader's Lounge] MauiTrader : while econ in poor times
[2008-01-04 15:41:56] [MauiTrader's Lounge] MauiTrader : hopefully after the next bounce, vivk
[2008-01-04 15:42:08] [MauiTrader's Lounge] vivek : RIMM and GOOG not looking healthy
[2008-01-04 15:42:15] [MauiTrader's Lounge] vivek : AAPL got a good whack too
[2008-01-04 15:42:39] [MauiTrader's Lounge] M. Speculator : at least AAPL is on some volume
[2008-01-04 15:42:47] [MauiTrader's Lounge] starling3000 : yes AAPL down 16 points on 47 million shares
[2008-01-04 15:42:59] [MauiTrader's Lounge] M. Speculator : GOOG not on a lot of volume
[2008-01-04 15:43:02] [MauiTrader's Lounge] M. Speculator : same with RIM
[2008-01-04 15:43:08] [MauiTrader's Lounge] M. Speculator : RIMM
[2008-01-04 15:43:18] [MauiTrader's Lounge] M. Speculator : RIMM’s 50dma rolling over
[2008-01-04 15:43:30] [MauiTrader's Lounge] author_ego : bidu/grmn no volume
[2008-01-04 15:43:37] [MauiTrader's Lounge] author_ego : isrg..no volume
[2008-01-04 15:43:52] [MauiTrader's Lounge] M. Speculator : RIMM does look like you could test a short
[2008-01-04 15:43:55] [MauiTrader's Lounge] vivek : hopefully they will bleed on low volume
[2008-01-04 15:44:03] [MauiTrader's Lounge] author_ego : 80 glam rock hair: too much volume
[2008-01-04 15:44:07] [MauiTrader's Lounge] M. Speculator : lol
[2008-01-04 15:44:13] [MauiTrader's Lounge] M. Speculator : what was that hair gel
[2008-01-04 15:44:16] [MauiTrader's Lounge] M. Speculator : LA Style
[2008-01-04 15:44:19] [MauiTrader's Lounge] vivek : before the momo guys will start selling
[2008-01-04 15:44:20] [MauiTrader's Lounge] MauiTrader : LOL
[2008-01-04 15:44:21] [MauiTrader's Lounge] M. Speculator : i bet Maui had a ton of that
[2008-01-04 15:44:23] [MauiTrader's Lounge] MauiTrader : tha tis funny
[2008-01-04 15:44:25] [MauiTrader's Lounge] MauiTrader : no
[2008-01-04 15:44:26] [MauiTrader's Lounge] MauiTrader : never
[2008-01-04 15:44:26] [MauiTrader's Lounge] author_ego : oh you know he did
[2008-01-04 15:44:29] [MauiTrader's Lounge] MauiTrader : always had short hair
[2008-01-04 15:44:32] [MauiTrader's Lounge] MauiTrader : nope
[2008-01-04 15:44:33] [MauiTrader's Lounge] MauiTrader : my mom
[2008-01-04 15:44:33] [MauiTrader's Lounge] M. Speculator : totally
[2008-01-04 15:44:34] [MauiTrader's Lounge] author_ego : spiked?
[2008-01-04 15:44:36] [MauiTrader's Lounge] MauiTrader : gave me a mullet
[2008-01-04 15:44:39] [MauiTrader's Lounge] MauiTrader : when a kid
[2008-01-04 15:44:43] [MauiTrader's Lounge] M. Speculator : LOL
[2008-01-04 15:44:44] [MauiTrader's Lounge] MauiTrader : like the white trash that we are
[2008-01-04 15:44:45] [MauiTrader's Lounge] M. Speculator : LOL
[2008-01-04 15:44:47] [MauiTrader's Lounge] M. Speculator : ROFLMAO
[2008-01-04 15:44:49] [MauiTrader's Lounge] M. Speculator : LOL
[2008-01-04 15:44:49] [MauiTrader's Lounge] MauiTrader : so i had a mullet till 9
[2008-01-04 15:44:51] [MauiTrader's Lounge] MauiTrader : i konw
[2008-01-04 15:44:51] [MauiTrader's Lounge] M. Speculator : Mullet
[2008-01-04 15:44:52] [MauiTrader's Lounge] author_ego : don’t break my heart…my achy breaky heart
[2008-01-04 15:44:54] [MauiTrader's Lounge] MauiTrader : you knwo what i did
[2008-01-04 15:44:57] [MauiTrader's Lounge] M. Speculator : poor kid
[2008-01-04 15:44:57] [MauiTrader's Lounge] MauiTrader : she dropped me off
[2008-01-04 15:45:00] [MauiTrader's Lounge] Brian : then you got your white trash perm in the back?
[2008-01-04 15:45:01] [MauiTrader's Lounge] MauiTrader : at the barber
[2008-01-04 15:45:05] [MauiTrader's Lounge] MauiTrader : and i was supposed to get a mullet
[2008-01-04 15:45:12] [MauiTrader's Lounge] MauiTrader : i told him to cut the harir off
[2008-01-04 15:45:16] [MauiTrader's Lounge] MauiTrader : and i wanted a nomral hair cut
[2008-01-04 15:45:18] [MauiTrader's Lounge] MauiTrader : since then
[2008-01-04 15:45:21] [MauiTrader's Lounge] MauiTrader : never had long hair
[2008-01-04 15:45:24] [MauiTrader's Lounge] M. Speculator : a mullet
[2008-01-04 15:45:25] [MauiTrader's Lounge] MauiTrader : i am not a big fan of it
[2008-01-04 15:45:28] [MauiTrader's Lounge] MauiTrader : gets in my way
[2008-01-04 15:45:30] [MauiTrader's Lounge] MauiTrader : cool on some
[2008-01-04 15:45:31] [MauiTrader's Lounge] MauiTrader : not on me
[2008-01-04 15:45:33] [MauiTrader's Lounge] MauiTrader : i get HOT
[2008-01-04 15:45:36] [MauiTrader's Lounge] M. Speculator : who in gods name would ever get that type of hair cut
[2008-01-04 15:45:41] [MauiTrader's Lounge] MauiTrader : my body emtp already runs hot
[2008-01-04 15:45:48] [MauiTrader's Lounge] MauiTrader : trendy people, author
[2008-01-04 15:45:52] [MauiTrader's Lounge] vivek : now a good bounce would be good for me
[2008-01-04 15:45:54] [MauiTrader's Lounge] MauiTrader : it was cool recently
[2008-01-04 15:45:59] [MauiTrader's Lounge] vivek : to exit out of my trapped longs
[2008-01-04 15:46:05] [MauiTrader's Lounge] M. Speculator : manoftruth loves the long hair
[2008-01-04 15:46:10] [MauiTrader's Lounge] author_ego : big time
[2008-01-04 15:46:10] [MauiTrader's Lounge] M. Speculator : hey author he has a new video
[2008-01-04 15:46:14] [MauiTrader's Lounge] starling3000 : i had an afro in the 70′s that was so big I could have been a stunt double for one of the jackson 5
[2008-01-04 15:46:16] [MauiTrader's Lounge] MauiTrader : yes vivek
[2008-01-04 15:46:19] [MauiTrader's Lounge] MauiTrader : if they look weak
[2008-01-04 15:46:20] [MauiTrader's Lounge] author_ego : does he? is he gloating?
[2008-01-04 15:46:20] [MauiTrader's Lounge] M. Speculator : LOL
[2008-01-04 15:46:22] [MauiTrader's Lounge] M. Speculator : that is awesome
[2008-01-04 15:46:23] [MauiTrader's Lounge] MauiTrader : or show losses
[2008-01-04 15:46:25] [MauiTrader's Lounge] M. Speculator : sort of
[2008-01-04 15:46:30] [MauiTrader's Lounge] MauiTrader : sweet, starling
[2008-01-04 15:46:32] [MauiTrader's Lounge] MauiTrader : :)
[2008-01-04 15:46:37] [MauiTrader's Lounge] MauiTrader : freaking sweet
[2008-01-04 15:46:39] [MauiTrader's Lounge] M. Speculator : that is great
[2008-01-04 15:46:44] [MauiTrader's Lounge] M. Speculator : i love the fro
[2008-01-04 15:46:52] [MauiTrader's Lounge] starling3000 : they could have taken out Tito and put me in and no one would have been the wiser
[2008-01-04 15:46:59] [MauiTrader's Lounge] M. Speculator : that is great
[2008-01-04 15:47:09] [MauiTrader's Lounge] MauiTrader : LOL
[2008-01-04 15:47:10] [MauiTrader's Lounge] MauiTrader : ROFLMAO
[2008-01-04 15:47:14] [MauiTrader's Lounge] author_ego : mahket, can you get in here on your blackberry?
[2008-01-04 15:47:16] [MauiTrader's Lounge] MauiTrader : probably not
[2008-01-04 15:47:16] [MauiTrader's Lounge] Brian : At Forward: Starling 6’6″ … 7′ with the afro
[2008-01-04 15:47:18] [MauiTrader's Lounge] author_ego : into the chat?
[2008-01-04 15:47:21] [MauiTrader's Lounge] MauiTrader : how is Tito doing nowdays?
[2008-01-04 15:47:26] [MauiTrader's Lounge] M. Speculator : i’ll try
[2008-01-04 15:47:33] [MauiTrader's Lounge] author_ego : i tried but it didn’t work
[2008-01-04 15:47:34] [MauiTrader's Lounge] starling3000 : i think he’s living on the royalties
[2008-01-04 15:47:38] [MauiTrader's Lounge] MauiTrader : nice
[2008-01-04 15:47:44] [MauiTrader's Lounge] M. Speculator : i have the new world phone from verizon
[2008-01-04 15:47:50] [MauiTrader's Lounge] MauiTrader : i loved Michael Jackson
[2008-01-04 15:47:51] [MauiTrader's Lounge] author_ego : same here, bitch
[2008-01-04 15:47:51] [MauiTrader's Lounge] M. Speculator : actually i already tried
[2008-01-04 15:47:51] [MauiTrader's Lounge] starling3000 : got to love capitalism
[2008-01-04 15:47:52] [MauiTrader's Lounge] M. Speculator : and can’t
[2008-01-04 15:47:52] [MauiTrader's Lounge] MauiTrader : when i was a kid
[2008-01-04 15:47:54] [MauiTrader's Lounge] M. Speculator : nice
[2008-01-04 15:47:57] [MauiTrader's Lounge] MauiTrader : both Michaels
[2008-01-04 15:48:01] [MauiTrader's Lounge] MauiTrader : Jordan and Jackson
[2008-01-04 15:48:03] [MauiTrader's Lounge] MauiTrader : LOVED THEM
[2008-01-04 15:48:04] [MauiTrader's Lounge] author_ego : christmas present
[2008-01-04 15:48:05] [MauiTrader's Lounge] MauiTrader : idols to me
[2008-01-04 15:48:15] [MauiTrader's Lounge] author_ego : did you own a glove
[2008-01-04 15:48:25] [MauiTrader's Lounge] M. Speculator : same here author
[2008-01-04 15:48:30] [MauiTrader's Lounge] author_ego : mullet and a michael jacson glove
[2008-01-04 15:48:34] [MauiTrader's Lounge] author_ego : i can just see it now
[2008-01-04 15:48:37] [MauiTrader's Lounge] David322 : so lod close coming
[2008-01-04 15:48:38] [MauiTrader's Lounge] MauiTrader : that was a gift to you guys?
[2008-01-04 15:48:40] [MauiTrader's Lounge] vivek : Rev has become a day trader
[2008-01-04 15:48:41] [MauiTrader's Lounge] M. Speculator : oh my
[2008-01-04 15:48:42] [MauiTrader's Lounge] MauiTrader : verizon world phone?
[2008-01-04 15:48:45] [MauiTrader's Lounge] author_ego : yes
[2008-01-04 15:48:48] [MauiTrader's Lounge] M. Speculator : yes
[2008-01-04 15:48:48] [MauiTrader's Lounge] MauiTrader : wow
[2008-01-04 15:48:51] [MauiTrader's Lounge] David322 : covered 1 NQ, 1 YM, 3 dow CFD’s
[2008-01-04 15:48:52] [MauiTrader's Lounge] MauiTrader : sweet gift
[2008-01-04 15:48:57] [MauiTrader's Lounge] MauiTrader : nice david clap clap clap
[2008-01-04 15:48:59] [MauiTrader's Lounge] MauiTrader : !!!
[2008-01-04 15:49:01] [MauiTrader's Lounge] M. Speculator : good job david
[2008-01-04 15:49:02] [MauiTrader's Lounge] MauiTrader : yes, vivke
[2008-01-04 15:49:05] [MauiTrader's Lounge] vivek : Rev is bottom fishing small cap
[2008-01-04 15:49:06] [MauiTrader's Lounge] MauiTrader : odd analysis on trading
[2008-01-04 15:49:08] [MauiTrader's Lounge] author_ego : congrats, sir david
[2008-01-04 15:49:08] [MauiTrader's Lounge] MauiTrader : he is flipping
[2008-01-04 15:49:09] [MauiTrader's Lounge] vivek : look at the RUT
[2008-01-04 15:49:11] [MauiTrader's Lounge] Brian : yes, indices heading lower
[2008-01-04 15:49:22] [MauiTrader's Lounge] starling3000 : i’ve only been trading a year, almost to the day
[2008-01-04 15:49:28] [MauiTrader's Lounge] starling3000 : and have never seen a day like this
[2008-01-04 15:49:29] [MauiTrader's Lounge] MauiTrader : wow
[2008-01-04 15:49:32] [MauiTrader's Lounge] MauiTrader : young blood
[2008-01-04 15:49:38] [MauiTrader's Lounge] vivek : IF you want your head handed to you you can speculate in smallcapville
[2008-01-04 15:49:40] [MauiTrader's Lounge] MauiTrader : i have
[2008-01-04 15:49:40] [MauiTrader's Lounge] starling3000 : all 21 shorts made money today
[2008-01-04 15:49:42] [MauiTrader's Lounge] MauiTrader : go look at my new
[2008-01-04 15:49:43] [MauiTrader's Lounge] MauiTrader : long
[2008-01-04 15:49:45] [MauiTrader's Lounge] MauiTrader : that i sposted
[2008-01-04 15:49:49] [MauiTrader's Lounge] MauiTrader : on the past big winners
[2008-01-04 15:49:51] [MauiTrader's Lounge] author_ego : nassy down 100 would be nice
[2008-01-04 15:49:51] [MauiTrader's Lounge] MauiTrader : look at the % move
[2008-01-04 15:49:53] [MauiTrader's Lounge] starling3000 : all but one is one of your picks
[2008-01-04 15:49:54] [MauiTrader's Lounge] MauiTrader : on the breakout day
[2008-01-04 15:49:56] [MauiTrader's Lounge] MauiTrader : :)
[2008-01-04 15:50:00] [MauiTrader's Lounge] M. Speculator : its amazing that type of chart really
[2008-01-04 15:50:03] [MauiTrader's Lounge] MauiTrader : nice starling
[2008-01-04 15:50:04] [MauiTrader's Lounge] M. Speculator : isn’t working now maui
[2008-01-04 15:50:05] [MauiTrader's Lounge] MauiTrader : SWEET
[2008-01-04 15:50:09] [MauiTrader's Lounge] MauiTrader : you are 21 for 21
[2008-01-04 15:50:11] [MauiTrader's Lounge] MauiTrader : damn sweet
[2008-01-04 15:50:14] [MauiTrader's Lounge] MauiTrader : !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
[2008-01-04 15:50:27] [MauiTrader's Lounge] MauiTrader : what isn’t working?
[2008-01-04 15:50:32] [MauiTrader's Lounge] MauiTrader : breakout
[2008-01-04 15:50:33] [MauiTrader's Lounge] MauiTrader : yes
[2008-01-04 15:50:35] [MauiTrader's Lounge] MauiTrader : they are not
[2008-01-04 15:50:40] [MauiTrader's Lounge] M. Speculator : yeah
[2008-01-04 15:50:41] [MauiTrader's Lounge] MauiTrader : that b/o was damn sweet
[2008-01-04 15:50:44] [MauiTrader's Lounge] MauiTrader : but the 20% move
[2008-01-04 15:50:47] [MauiTrader's Lounge] MauiTrader : was just regular
[2008-01-04 15:50:50] [MauiTrader's Lounge] MauiTrader : on that tight chart
[2008-01-04 15:50:55] [MauiTrader's Lounge] MauiTrader : showing you how volatile it ws then
[2008-01-04 15:50:59] [MauiTrader's Lounge] MauiTrader : let me look at VIX then
[2008-01-04 15:51:08] [MauiTrader's Lounge] vivek : Bernanke is going to panic soon
[2008-01-04 15:51:18] [MauiTrader's Lounge] vivek : and anounce a rate cut
[2008-01-04 15:51:20] [MauiTrader's Lounge] MauiTrader : the dya of B/o
[2008-01-04 15:51:23] [MauiTrader's Lounge] MauiTrader : on MWAV
[2008-01-04 15:51:27] [MauiTrader's Lounge] MauiTrader : vix at 20!!!!!!!!!!!!!
[2008-01-04 15:51:53] [MauiTrader's Lounge] MauiTrader : hit 35 10/12
[2008-01-04 15:51:56] [MauiTrader's Lounge] vivek : because all money managers are bottom fishing financials
[2008-01-04 15:52:08] [MauiTrader's Lounge] vivek : for long term holds
[2008-01-04 15:52:20] [MauiTrader's Lounge] vivek : like Joe Lewis with BSC
[2008-01-04 15:52:41] [MauiTrader's Lounge] vivek : his first buy of BSC AT 145
[2008-01-04 15:52:43] [MauiTrader's Lounge] author_ego : could be, vivek….CGM focus owns CFC…almost 6% of the fund according to yahoo
[2008-01-04 15:52:49] [MauiTrader's Lounge] MauiTrader : ding ding
[2008-01-04 15:52:51] [MauiTrader's Lounge] MauiTrader : almost down 100
[2008-01-04 15:53:03] [MauiTrader's Lounge] vivek : lows of the day
[2008-01-04 15:53:03] [MauiTrader's Lounge] David322 : YM -300 lol
[2008-01-04 15:53:06] [MauiTrader's Lounge] David322 : what a day
[2008-01-04 15:53:09] [MauiTrader's Lounge] MauiTrader : for real
[2008-01-04 15:53:11] [MauiTrader's Lounge] MauiTrader : CGM focus?
[2008-01-04 15:53:11] [MauiTrader's Lounge] David322 : NQ puts up about 35% I think
[2008-01-04 15:53:13] [MauiTrader's Lounge] MauiTrader : the best fund
[2008-01-04 15:53:14] [MauiTrader's Lounge] author_ego : yes
[2008-01-04 15:53:16] [MauiTrader's Lounge] MauiTrader : buying CFC?
[2008-01-04 15:53:17] [MauiTrader's Lounge] vivek : let the arabs buy all our financials
[2008-01-04 15:53:24] [MauiTrader's Lounge] David322 : guys. what a week.
[2008-01-04 15:53:26] [MauiTrader's Lounge] MauiTrader : you did great david
[2008-01-04 15:53:27] [MauiTrader's Lounge] author_ego : i just noticed it this morning when i looked at it holdings
[2008-01-04 15:53:33] [MauiTrader's Lounge] MauiTrader : best week david?
[2008-01-04 15:53:35] [MauiTrader's Lounge] M. Speculator : who shorted GS?
[2008-01-04 15:53:40] [MauiTrader's Lounge] MauiTrader : we did!!!!!!
[2008-01-04 15:53:40] [MauiTrader's Lounge] David322 : me, in a big way
[2008-01-04 15:53:41] [MauiTrader's Lounge] David322 : lol
[2008-01-04 15:53:45] [MauiTrader's Lounge] starling3000 : I did, big time
[2008-01-04 15:53:50] [MauiTrader's Lounge] M. Speculator : well, I know you did
[2008-01-04 15:53:51] [MauiTrader's Lounge] David322 : and goog, bigtime
[2008-01-04 15:53:52] [MauiTrader's Lounge] David322 : lol
[2008-01-04 15:53:54] [MauiTrader's Lounge] starling3000 : this was my best week ever
[2008-01-04 15:53:55] [MauiTrader's Lounge] M. Speculator : 180 here it comes
[2008-01-04 15:54:02] [MauiTrader's Lounge] David322 : likewise starling
[2008-01-04 15:54:03] [MauiTrader's Lounge] author_ego : wow, starling
[2008-01-04 15:54:07] [MauiTrader's Lounge] M. Speculator : David go after RIMM
[2008-01-04 15:54:08] [MauiTrader's Lounge] David322 : likewise, great to hear
[2008-01-04 15:54:08] [MauiTrader's Lounge] author_ego : well done, gents
[2008-01-04 15:54:15] [MauiTrader's Lounge] MauiTrader : great week
[2008-01-04 15:54:16] [MauiTrader's Lounge] MauiTrader : for us all
[2008-01-04 15:54:22] [MauiTrader's Lounge] M. Speculator : Congrats
[2008-01-04 15:54:29] [MauiTrader's Lounge] M. Speculator : i am sad I can’t short
[2008-01-04 15:54:29] [MauiTrader's Lounge] MauiTrader : only one not profiting my GF
[2008-01-04 15:54:34] [MauiTrader's Lounge] MauiTrader : she said hse wanted no risk
[2008-01-04 15:54:39] [MauiTrader's Lounge] MauiTrader : so i put her in NO shorts :)
[2008-01-04 15:54:43] [MauiTrader's Lounge] vivek : my best week since December
[2008-01-04 15:54:45] [MauiTrader's Lounge] M. Speculator : lol
[2008-01-04 15:54:49] [MauiTrader's Lounge] MauiTrader : this is what happens when you restrict me :)
[2008-01-04 15:54:53] [MauiTrader's Lounge] MauiTrader : wow vivek
[2008-01-04 15:54:54] [MauiTrader's Lounge] MauiTrader : WTG
[2008-01-04 15:54:59] [MauiTrader's Lounge] MauiTrader : !!!!!!!!!!!!!
[2008-01-04 15:55:00] [MauiTrader's Lounge] MauiTrader : all of you
[2008-01-04 15:55:01] [MauiTrader's Lounge] David322 : black monday would just top it off
[2008-01-04 15:55:01] [MauiTrader's Lounge] MauiTrader : great job
[2008-01-04 15:55:04] [MauiTrader's Lounge] MauiTrader : veyr happy for you all
[2008-01-04 15:55:05] [MauiTrader's Lounge] M. Speculator : nice vivek
[2008-01-04 15:55:07] [MauiTrader's Lounge] MauiTrader : very happy
[2008-01-04 15:55:12] [MauiTrader's Lounge] vivek : thanks
[2008-01-04 15:55:16] [MauiTrader's Lounge] vivek : happy
[2008-01-04 15:55:18] [MauiTrader's Lounge] MauiTrader : if i drank i would toast you all and have a drink
[2008-01-04 15:55:30] [MauiTrader's Lounge] David322 : I’ve got a beer, cheers guys
[2008-01-04 15:55:33] [MauiTrader's Lounge] MauiTrader : :)
[2008-01-04 15:55:35] [MauiTrader's Lounge] David322 : :)
[2008-01-04 15:55:35] [MauiTrader's Lounge] vivek : cheers
[2008-01-04 15:55:37] [MauiTrader's Lounge] David322 : indeed!
[2008-01-04 15:55:41] [MauiTrader's Lounge] MauiTrader : so they can see what happens when all lines up
[2008-01-04 15:55:43] [MauiTrader's Lounge] author_ego : (author feeling left out and remembering silbings not including him in childhood games….needs validation but if fearful to ask…doesn’t want to be rejected)
[2008-01-04 15:55:49] [MauiTrader's Lounge] author_ego : …sorry, wrong site
[2008-01-04 15:55:50] [MauiTrader's Lounge] vivek : time to hit the pub david
[2008-01-04 15:55:52] [MauiTrader's Lounge] MauiTrader : we all probably had our best week the past year and a half
[2008-01-04 15:55:59] [MauiTrader's Lounge] M. Speculator : ha ha
[2008-01-04 15:56:04] [MauiTrader's Lounge] vivek : i miss those pubs in england
[2008-01-04 15:56:06] [MauiTrader's Lounge] MauiTrader : yeah
[2008-01-04 15:56:12] [MauiTrader's Lounge] M. Speculator : i’ll do it tonight
[2008-01-04 15:56:13] [MauiTrader's Lounge] Brian : thank you, Joshua. fantastic day and week.
[2008-01-04 15:56:17] [MauiTrader's Lounge] MauiTrader : you are very welcome
[2008-01-04 15:56:20] [MauiTrader's Lounge] author_ego : what’s a pint now? 50 bucks?
[2008-01-04 15:56:22] [MauiTrader's Lounge] vivek : thursday night out with the nurses
[2008-01-04 15:56:26] [MauiTrader's Lounge] vivek : when i was single
[2008-01-04 15:56:26] [MauiTrader's Lounge] MauiTrader : thank you for being a part of it all
[2008-01-04 15:56:32] [MauiTrader's Lounge] MauiTrader : about time we were rewarded
[2008-01-04 15:56:59] [MauiTrader's Lounge] vivek : yes
[2008-01-04 15:57:00] [MauiTrader's Lounge] MauiTrader : yeah
[2008-01-04 15:57:14] [MauiTrader's Lounge] MauiTrader : i just think we all deserve to celbrate
[2008-01-04 15:57:18] [MauiTrader's Lounge] MauiTrader : it was a rouhg last year
[2008-01-04 15:57:27] [MauiTrader's Lounge] author_ego : right on, brother
[2008-01-04 15:57:28] [MauiTrader's Lounge] MauiTrader : and this year has started PERFECTLY like the charts said it should
[2008-01-04 15:57:42] [MauiTrader's Lounge] MauiTrader : we all deserved this
[2008-01-04 15:57:43] [MauiTrader's Lounge] M. Speculator : Volume up over 25% on NYSE
[2008-01-04 15:57:48] [MauiTrader's Lounge] M. Speculator : close to 25% on Nazzy
[2008-01-04 15:57:52] [MauiTrader's Lounge] MauiTrader : this is what i was used to before May 2006
[2008-01-04 15:58:01] [MauiTrader's Lounge] MauiTrader : since that month it got a bit rough
[2008-01-04 15:58:10] [MauiTrader's Lounge] MauiTrader : for hitting BIG HOME RUNS
[2008-01-04 15:58:13] [MauiTrader's Lounge] MauiTrader : in FOR SURE stocks
[2008-01-04 15:58:17] [MauiTrader's Lounge] MauiTrader : some of these shorts were too ripe
[2008-01-04 15:58:29] [MauiTrader's Lounge] MauiTrader : like GS or ATI for instance
[2008-01-04 15:58:31] [MauiTrader's Lounge] Brian : where did vix end up?
[2008-01-04 15:58:32] [MauiTrader's Lounge] M. Speculator : the slow death rol
[2008-01-04 15:58:45] [MauiTrader's Lounge] M. Speculator : you are going to laugh about the VIX
[2008-01-04 15:58:51] [MauiTrader's Lounge] M. Speculator : up 1.49 to 23.98
[2008-01-04 15:58:51] [MauiTrader's Lounge] Brian : 24?
[2008-01-04 15:58:57] [MauiTrader's Lounge] Brian : damn
[2008-01-04 15:59:08] [MauiTrader's Lounge] MauiTrader : at least it is moving
[2008-01-04 15:59:11] [MauiTrader's Lounge] MauiTrader : i will give it that
[2008-01-04 15:59:16] [MauiTrader's Lounge] MauiTrader : but we need to touch 35 to unlock
[2008-01-04 15:59:18] [MauiTrader's Lounge] MauiTrader : the big gains
[2008-01-04 15:59:22] [MauiTrader's Lounge] M. Speculator : 6% up on the day
[2008-01-04 15:59:23] [MauiTrader's Lounge] MauiTrader : if only for a day
[2008-01-04 15:59:28] [MauiTrader's Lounge] Brian : almost at the previous “peak” of 24.86 from Dec
[2008-01-04 15:59:30] [MauiTrader's Lounge] MauiTrader : it will solidify the conviction
[2008-01-04 15:59:33] [MauiTrader's Lounge] MauiTrader : of volatility
[2008-01-04 15:59:43] [MauiTrader's Lounge] MauiTrader : Nov an Augst
[2008-01-04 15:59:49] [MauiTrader's Lounge] MauiTrader : we need to go trhough
[2008-01-04 15:59:50] [MauiTrader's Lounge] MauiTrader : emember
[2008-01-04 15:59:53] [MauiTrader's Lounge] MauiTrader : the August lows
[2008-01-04 15:59:58] [MauiTrader's Lounge] MauiTrader : some of our better winners
[2008-01-04 15:59:59] [MauiTrader's Lounge] MauiTrader : DRYS
[2008-01-04 16:00:01] [MauiTrader's Lounge] MauiTrader : etc..
[2008-01-04 16:00:12] [MauiTrader's Lounge] MauiTrader : notice in Aug VIX hit37
[2008-01-04 16:00:15] [MauiTrader's Lounge] MauiTrader : hit 37
[2008-01-04 16:00:18] [MauiTrader's Lounge] MauiTrader : that is all it take one day
[2008-01-04 16:00:46] [MauiTrader's Lounge] MauiTrader : next thing we know DRYS up 100% in a month
[2008-01-04 16:00:55] [MauiTrader's Lounge] MauiTrader : and that was a VERY LARGE CAP stock
[2008-01-04 16:01:00] [MauiTrader's Lounge] MauiTrader : ok guys
[2008-01-04 16:01:04] [MauiTrader's Lounge] MauiTrader : goiing to jump in the shower
[2008-01-04 16:01:06] [MauiTrader's Lounge] MauiTrader : brb in 10 mins
[2008-01-04 16:01:08] [MauiTrader's Lounge] MauiTrader : :)
[2008-01-04 16:01:14] [MauiTrader's Lounge] M. Speculator : JRJC up 260% in a month
[2008-01-04 16:01:18] [MauiTrader's Lounge] MauiTrader : once again, before i get wet, GREAT JOB EVRYONE
[2008-01-04 16:01:21] [MauiTrader's Lounge] MauiTrader : right! exactly
[2008-01-04 16:01:24] [MauiTrader's Lounge] Brian : bbl
[2008-01-04 16:01:27] [MauiTrader's Lounge] MauiTrader : FSLR
[2008-01-04 16:01:28] [MauiTrader's Lounge] MauiTrader : my baby
[2008-01-04 16:01:30] [MauiTrader's Lounge] MauiTrader : big baby
[2008-01-04 16:01:31] [MauiTrader's Lounge] MauiTrader : brb
[2008-01-04 16:01:37] [MauiTrader's Lounge] M. Speculator : same here

Market Speculator

]]> http://bigwavetrading.com/1060/members-discuss-with-mauitrader-about-their-gains-and-the-state-of-the-market/feed/ 1 New Longs and Shorts for December 12th http://bigwavetrading.com/960/new-longs-and-shorts-for-december-12th/ http://bigwavetrading.com/960/new-longs-and-shorts-for-december-12th/#comments Wed, 12 Dec 2007 11:16:07 +0000 BigWave_Trader http://www.bigwavetrading.com/2007/12/12/new-longs-and-shorts-for-december-12th/ New Longs:  KAZ

New Shorts:  CNI WSH RYAAY WRE ZNT BOH ESI IBM PRU HIG SPG GS GOOG

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