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#1
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Member
Join Date: Jan 2008
Location: Philly Burbs, PA
Posts: 82
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Tma
Been playing this long all week, short hold times, no overnite, and making a killing. Simple stochastic cross has been very reliable. Very high volume and 3-5% moves due to the low price. Have had no problem getting 10k shares in and out very quickly. Will be looking again today.
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I read somewhere that 77 per cent of all the mentally ill live in poverty. Actually, I'm more intrigued by the 23 per cent who are apparently doing quite well for themselves. --Jerry Garcia The idea is to try to give all the information to help others to judge the value of your contribution; not just the information that leads to judgment in one particular direction or another. --Richard P. Feynman | |
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#2
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Member
Join Date: Dec 2007
Location: Rio de Janeiro
Posts: 93
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Very nice aiki, from a rookies stand point and using my intra technicals tues and thurs were the best.. I will be watching closely today, see if i can't make me some more monopoly money...
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"Lead, follow, or get out of the way." Thomas Paine "Insanity is doing the same thing over and over again and expecting different results." Albert Einstein | |
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#3
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Member
Join Date: Jan 2008
Location: Philly Burbs, PA
Posts: 82
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So my system put me in only one trade yesterday and 2 today in TMA, and I got lucky both days.
I bought in very early in the day as it gapped down both days. The reason I say I got lucky is, on monday and my second trip today, huge volume came in very late in the day, (4 million shares in 3 minutes at 1542 on monday, and 4.5 million shares in 9 minutes at 1536 today). It has gapped down and filled quickly the last 5 days, and If it gaps down into tomorrow I'll be in again. On the fundamental side I see a lot of things that give me a good feeling about this being in an uptrend from these levels. Good sentiment towards them as they get their finances together and move forward will help a great deal in bringing in money to the stock. Overall I really like this play due to the reasons I already stated, low price, very high liquidity, good predictability in the technical indicators, and nice beta. I now have 39 trades in TMA with 31 being profitable. Avg of all 39 trades in TMA is + 3.1% with a max gain of 8% and max loss of 2.4%. I have had instant execution of 10k and 20k share blocks, which is as good as can be hoped for, and since the stock is not marginable at the moment due to price level all the risk I am willing to take anyway.
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I read somewhere that 77 per cent of all the mentally ill live in poverty. Actually, I'm more intrigued by the 23 per cent who are apparently doing quite well for themselves. --Jerry Garcia The idea is to try to give all the information to help others to judge the value of your contribution; not just the information that leads to judgment in one particular direction or another. --Richard P. Feynman | |
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