MikeFold, I blew the stock at 2.60 for .77% gain

[Winetalk.com]

yes, I know, too early but...
better than wait a whole year to accumulate the same interest in MM
;-)))

[Alex From San Diego]

Serge didn't you have a board for Stocks?

I have been in the stock market for quite sometime now.

I usually swingtrade with stocks over 6.00

I have never played penny stocks but I got into one sometime ago.
Right now I have a position in GZFX with 2 million shares. I got in at 1.8 cents/share. Right now the stock is around 6 cents

I think they will be the next Netflix. Do some research and let me know your opinion.

[Winetalk.com]

Originally posted by Alex From San Diego@Mar 4 2004, 01:10 PM
Serge didn't you have a board for Stocks?

I have been in the stock market for quite sometime now.

I usually swingtrade with stocks over 6.00

I have never played penny stocks but I got into one sometime ago.
Right now I have a position in GZFX with 2 million shares. I got in at 1.8 cents/share. Right now the stock is around 6 cents

I think they will be the next Netflix. Do some research and let me know your opinion.
nope...no stock board yet...but it's coming.

I don't play with penny stocks,
I am capoable losing money in blue chips, thank you very much
;-))

I trade with VERY small portion,
the rest is in CD's/bonds, etc I can't touch.

Feel free to post trading ideas here for time being,
I ALWAYS appreciate the thoughts of fellow trader!

[Mike AI]

Serge is never afraid of pulling the trigger.

Lately my favorite investments have been REITs.

I picked up 4 more 12 days ago. At this moment I am up 4.38% on top of this, they are paying an average dividend of 5%.

Appreciation and dividends... what more can a person ask for?

My original REITS purchase was about a year ago, I am up 52%, and have seen dividends around 6%.

I can give specifics if anyone is interested.

[MikeFold]

sergey...you have nerves of steel
:lol:

I am at least glad you didn't lose $$$$$

[Alex From San Diego]

I use two things when I am looking for stocks.
First off I am a swingtrader.

I use a piece of software called WizeTrade and Wize Finder
It is basically a piece of oftware that is based on green and red lights.
Green lights indicating buying pressure and red lights indicating selling pressure. It is a little more complicated than that but that is the basis behind it.

I use Wisefinder to pull stocks that meet my specific parameters that I am looking for like gap ups and gap downs from both the previous close and the following opens. depending if I am going long or shorting, I am looking for 2% - 5% in either direction.

I also look for average volume. I never trade with a stock for the long position that has an average volume of less than 500,000 shares and never go short on a stock with a average volume of less than 800,000 shares. This is for obvious reasons.

Once I have my pool of stocks, I do my own charting and go from there.
there is quite a bit more to my method or should I say madness but overall I do fairly well.

[Winetalk.com]

Originally posted by MikeFold@Mar 4 2004, 01:26 PM
sergey...you have nerves of steel
:lol:

I am at least glad you didn't lose $$$$$
Mike,
every time I can beat MM...I am happy. Can you name me ONE trader who went broke taking his profits?
;-)))

[Mike AI]

Originally posted by Serge_Oprano+Mar 4 2004, 01:39 PM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (Serge_Oprano @ Mar 4 2004, 01:39 PM)</td></tr><tr><td id='QUOTE'><!--QuoteBegin--MikeFold@Mar 4 2004, 01:26 PM
sergey...you have nerves of steel
:lol:

I am at least glad you didn't lose $$$$$
Mike,
every time I can beat MM...I am happy. Can you name me ONE trader who went broke taking his profits?
;-)))[/b][/quote]


Serge, that is why I sold one of my REITS when it popped up 50% in one day.

One will never go broke taking 50% profits!

[Winetalk.com]

Originally posted by Mike AI+Mar 4 2004, 02:25 PM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (Mike AI @ Mar 4 2004, 02:25 PM)</td></tr><tr><td id='QUOTE'>Originally posted by -Serge_Oprano@Mar 4 2004, 01:39 PM
<!--QuoteBegin--MikeFold@Mar 4 2004, 01:26 PM
sergey...you have nerves of steel
:lol:

I am at least glad you didn't lose $$$$$
Mike,
every time I can beat MM...I am happy. Can you name me ONE trader who went broke taking his profits?
;-)))


Serge, that is why I sold one of my REITS when it popped up 50% in one day.

One will never go broke taking 50% profits![/b][/quote]
exactly!
;_)))

my goal is different...
I wanna take profits..every day
;-)))

[MikeFold]

can't argue with either view
B)