The running of the bulls! (Stock market trading thread) - Homesteading Today
Homesteading Today

Go Back   Homesteading Today > Country Living Forums > Work-at-Home Business

Work-at-Home Business Home-based business forum


Like Tree78Likes

Reply
 
LinkBack Thread Tools Rate Thread
  #1  
Old 03/01/12, 07:16 AM
willow_girl's Avatar
Very Dairy
 
Join Date: Dec 2002
Location: Dysfunction Junction
Posts: 13,786
The running of the bulls! (Stock market trading thread)

Who's still trading? How ya doing? 2012 is looking pretty good so far!

I'm having trouble finding new stocks right now ... the market seems a bit overheated. It's hard to find good companies that haven't already gone up 20-30% in the last 6 months. That leaves an awful lot of room for profit-taking ...

Mostly I've dealt in semiconductor manufacturers this year. No fancy strategy; I'd buy one, and as soon as it sold, I'd pick up a comparable. So far, I've gone through AMAT, UTEK and LSI ... right now, I'm holding BCRM, although it's gone down in value since I've bought it (arrgh!!!) so it may be with me for awhile.

Today's pick: MTX!

__________________

I dream of a better world, one where chickens can cross the road without having their motives questioned.

Reply With Quote
  #2  
Old 03/01/12, 07:25 AM
Realist
 
Join Date: Apr 2008
Location: North Carolina
Posts: 8,314

Found my niche.

__________________
Reply With Quote
  #3  
Old 03/01/12, 08:04 AM
willow_girl's Avatar
Very Dairy
 
Join Date: Dec 2002
Location: Dysfunction Junction
Posts: 13,786

And it's ... ?

(That was a tease! You're required to explain.)

__________________

I dream of a better world, one where chickens can cross the road without having their motives questioned.

Reply With Quote
  #4  
Old 03/01/12, 08:15 AM
 
Join Date: Sep 2011
Posts: 2,719

I have a broad range of stocks that I've been holding and building up for the last 5 months or so. My original plan of action was to go for large cap stocks that pay a decent dividend. Now that the market is popping I've gotten a bit more aggressive. I expect oil to blow past 130 at least when there is some action in the middle east. Here's my 'portfolio';

WMT ( down right now )

GIS ( down )

BPT ( way up over 12% increase in a few months )

COP ( up )

NLY ( up )

LINE ( up )

T ( way up )

VOD ( up )

HAL ( up )

VOC ( up )

GTU ( down )

SO ( up )

The beauty of almost all these stocks is that they pay a good dividend too.

__________________

Last edited by Darntootin; 03/01/12 at 08:23 AM.
Reply With Quote
  #5  
Old 03/01/12, 08:19 AM
Realist
 
Join Date: Apr 2008
Location: North Carolina
Posts: 8,314

Last time I went into it the whole thread died, remember? LOL. But its all about credit spreads. That week the dow moved up a thousand points in one week put a hurting on me, but I panicked out before the full extant of the beating. I rewrote my paradigm to include such an unlikely event and went back in. Currently an average of 4% weekly return. Bear call spreads. I like index proxies and the bond proxy. There is a limit to how fast they can go up. In other words, I can envision a lot of scenarios that would cause the market to drop cataclysmicly but none that would cause it to rise equally fast.

One entry, on Monday afternoon. One commission. worthless expiration is the goal. I'm selling hope and buying "lesser" hope as insurance.
Using the "rule of 72" indicates that 4% weekly compounds to a double in 18 weeks. So, in theory, you could turn a thousand dollars into a million dollars in 3 1/2 years.

__________________

Last edited by zong; 03/01/12 at 08:21 AM.
Reply With Quote
  #6  
Old 03/01/12, 09:57 PM
 
Join Date: May 2002
Posts: 9,003

The stock market thread is back???

Does this mean that I no longer have to wander aimlessly through my life?

I have sorely missed this thread!!!!

__________________
Reply With Quote
  #7  
Old 03/01/12, 10:00 PM
 
Join Date: May 2002
Posts: 9,003
Quote:
Originally Posted by zong View Post
Using the "rule of 72" indicates that 4% weekly compounds to a double in 18 weeks. So, in theory, you could turn a thousand dollars into a million dollars in 3 1/2 years.
So, if I sent you $100, could you turn it into $1 million in about 4 years?

I would never work another day in my life with that kind of money.
__________________
Reply With Quote
  #8  
Old 03/03/12, 08:29 AM
willow_girl's Avatar
Very Dairy
 
Join Date: Dec 2002
Location: Dysfunction Junction
Posts: 13,786

I got smacked around last week, OUCH! Glad for close of market Friday; at least the bleeding has stopped. LOL

Guess Momma said there would be weeks like this.

Toot, my husband is really into the high dividend stocks ... I passed your list on to him.

__________________

I dream of a better world, one where chickens can cross the road without having their motives questioned.

Reply With Quote
  #9  
Old 03/03/12, 08:43 AM
Realist
 
Join Date: Apr 2008
Location: North Carolina
Posts: 8,314
Quote:
Originally Posted by clovis View Post
So, if I sent you $100, could you turn it into $1 million in about 4 years?

I would never work another day in my life with that kind of money.
Based on the rule of 72, it would take about 60 weeks to go from a hundred to a thousand at 4%. Of course, using small numbers, you limit yourself severely, in that you would have to double your initial investment in order to double your trade, so no compounding at all, thus the rule of 72 is negated. Using, say, $10k, a 4% return is equal to $400 which you can immediately put back to work. On the other hand, there are no $4.00 contracts. I did open an account dedicated to this practice solely. Around the middle of November. The very next week was the week the Dow moved up a thousand points during the week, which would have broke my stops. My loss was equivalent to about 3 weeks gains, but only because I panicked out before the full damage was done. So, not so bad.
If you send me a hundred dollars, I'll do whatever I feel is right with it. After all, once it's mine, it's mine, right?? I don't know why you'd want to send me a hundred dollars but I sure will appreciate it.
onein likes this.
__________________
Reply With Quote
  #10  
Old 03/03/12, 09:38 AM
willow_girl's Avatar
Very Dairy
 
Join Date: Dec 2002
Location: Dysfunction Junction
Posts: 13,786
Quote:
If you send me a hundred dollars, I'll do whatever I feel is right with it. After all, once it's mine, it's mine, right?? I don't know why you'd want to send me a hundred dollars but I sure will appreciate it.
__________________

I dream of a better world, one where chickens can cross the road without having their motives questioned.

Reply With Quote
  #11  
Old 03/03/12, 10:39 PM
 
Join Date: May 2002
Posts: 9,003
Quote:
Originally Posted by zong View Post
if you send me a hundred dollars, i'll do whatever i feel is right with it. After all, once it's mine, it's mine, right?? I don't know why you'd want to send me a hundred dollars but i sure will appreciate it.
lol!!!!!
__________________
Reply With Quote
  #12  
Old 03/04/12, 08:56 AM
 
Join Date: Nov 2010
Location: Northern Rockies
Posts: 679

trade e mini futures for 60/40 tax treatment and no "wash sale" rules.

"invest" long term with a "value" approach and you will do well.

Trade with the trend.

Pre-determine your stops and don't budge.

Trading success is through discipline and psychological control.

It is funny how the human mind treats random rewards and triggers the need for more. Reduce the randomness.

kens likes this.
__________________
My Adventure

Our Adventure
Reply With Quote
  #13  
Old 03/04/12, 08:23 PM
 
Join Date: May 2002
Posts: 9,003

FWIW, I'd love to see a pull back in the market...at least a temporary one.

I don't buy much, but when I do, I prefer getting a better bargain than some of the prices that I am seeing these days.

I am a little shocked and perplexed by this bull market. Just a few months ago, stocks would edge up, and then fall drastically. Anyone know why the market is on fire?

__________________
Reply With Quote
  #14  
Old 03/04/12, 09:38 PM
willow_girl's Avatar
Very Dairy
 
Join Date: Dec 2002
Location: Dysfunction Junction
Posts: 13,786
Quote:
FWIW, I'd love to see a pull back in the market...at least a temporary one.
You hesh your mouth, Clovis!

I know what ya mean, though -- it's hard to find good companies that aren't already up 20-30%.
__________________

I dream of a better world, one where chickens can cross the road without having their motives questioned.

Reply With Quote
  #15  
Old 03/06/12, 11:18 AM
 
Join Date: May 2002
Posts: 9,003

I see we have a pull back today in the markets.

Of course, Willow...I didn't want your stocks to drop, just the ones on my watch list.

__________________
Reply With Quote
  #16  
Old 03/06/12, 11:28 AM
InvalidID's Avatar
Too Complicated For Cable
 
Join Date: Feb 2011
Location: Washington
Posts: 9,996

My only holdings outside of a few stocks Ill never sell are OIB and RGR. RGR is the houses money though as I sold half after it doubled leaving me with nothing but profit to play with.

With RGR near 42 though I'm thinking I should bail and use that money somewhere else. Problem is I'm in full risk off right now. With Greece floundering, the rules in Europe being rewritten to suit the big guys, Iran opening it's Bourse in 2 weeks... I sure would like to be able to short some Euro banks right now.

__________________

Know why the middle class is screwed? 3 classes, 2 parties...

To punish me for my contempt for authority, fate made me an authority myself. ~ Einstein

Reply With Quote
  #17  
Old 03/06/12, 10:11 PM
willow_girl's Avatar
Very Dairy
 
Join Date: Dec 2002
Location: Dysfunction Junction
Posts: 13,786
Quote:
Originally Posted by clovis View Post
I see we have a pull back today in the markets.

Of course, Willow...I didn't want your stocks to drop, just the ones on my watch list.

Even Cramer plugging Broadcom yesterday AND today wasn't enough to save it!

Well, I hope I really like these stocks, because it looks like they're going to be with me for awhile ...
__________________

I dream of a better world, one where chickens can cross the road without having their motives questioned.

Reply With Quote
  #18  
Old 03/07/12, 11:42 PM
 
Join Date: May 2002
Posts: 9,003

Decisions, decisions!

I've got a little cash to put into my high yield dividend investments.

But what should I buy?

I really like EXC right now. It is at its 52 week low, and sporting a 5%+ dividend. Highly ranked, but the next ex-date is in May. If the stock jumps up 50 cents, I just lost the equivalent of one quarter's dividend.

KO: If Warren likes it, I am open to it. Much Lower dividend, under 3%. Ex-date this month.

There is a REIT paying 7%+, and the price appears to be stable. Ex-date is 3/19. I think the symbol is DREpO.

And then there is BPT. I am already long, and wanted to buy more at $115. Nice yield of 7%+. It is high right now, at $123ish, but does anyone think oil will ever be cheap again?
Do you bite the bullet and pay the $120+ price?

Or, do I wait until I have some more cash built up??????

Too many decisions....

__________________
Reply With Quote
  #19  
Old 03/07/12, 11:47 PM
InvalidID's Avatar
Too Complicated For Cable
 
Join Date: Feb 2011
Location: Washington
Posts: 9,996

Anyone catch a piece of Carbonite? It was mentioned ow it dropped 12% on the Rush thread so I snatched up a little. Good for a little better than $400 for a 1 day trade! I missed the bottom but got pretty close to the top on the way out at least. Not too shabby.

I mentioned it on that thread but forgot this one was here. My bad.

__________________

Know why the middle class is screwed? 3 classes, 2 parties...

To punish me for my contempt for authority, fate made me an authority myself. ~ Einstein

Reply With Quote
  #20  
Old 03/08/12, 06:12 AM
willow_girl's Avatar
Very Dairy
 
Join Date: Dec 2002
Location: Dysfunction Junction
Posts: 13,786

That is great, II!

Clovis, I looked at your stocks and

KO strikes me as a steady-Eddy sort of stock, and a 51-cent quarterly divided is nothing to sneeze at! Hmm, I think you just talked me into adding this one to my IRA.

OTOH, EXC has me worried. According to Smart Consensus, its stock is down almost 12 percent over the last quarter. Initially I thought that might be due to its pending acquisition (seems the acquiring company always takes a hit) but upon further checking, nope, they're down about 12 percent for the past year. This is at a time when many other stocks are booming, so why? I didn't dig deep enough to find an answer ... the decline was enough to put me off this one.

I couldn't find anything on that REIT.

BPT is pricey alright, but oil drilling here in North America sounds pretty darned good right now!

__________________

I dream of a better world, one where chickens can cross the road without having their motives questioned.

Reply With Quote
Reply



Thread Tools
Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -5. The time now is 09:12 PM.