cle thanks for analysis isis etc..mbly may have bottomed? I'm still long..got busy yesterday and wasn't following. Went to 45 area and turned around and ended up on the day. I wanted to buy more on a dip to 45 but missed it. think the 45 area as i mentioned a few days ago was low risk buying area. we could get back to old highs? I'm still long isis but shorted some calls. GL till Monday gang.
guess the juice is on you?be sure to soak them for a bit to get the stink out. lol
case and cle GL tomorrow. I think baba will trade around 80 at some point if not higher. Some are actually saying yahoo may be the real beneficiary..talk of 50 dollars eventually ..i doubt tomorrow. I sold yhoo at 39 and change a couple of weeks ago..it was actually around 35 not long ago. It will all come down to baba success tomorrow and I seriously doubt they will allow another FB like ipo to happen again. Should be an interesting day.
I'm watching mbly...interesting company..ie driverless car technology. I think 46-48 area is interesting for a long. It's a new issue and not a lot of history for trading.
Actually just remembering there are restrictions on retirement accounts..there is a three day settlement period and you have to trade a small percentage of your account if you day trade and you are limited how may times in a 5 day period if I recall. Also naked options and short sales are an issue but do your own research and make sure you follow guidelines. Most brokerages will let you know if you've crossed a line or they will not execute the trade. GL.
cle not that I know of just contribution level. But in all situations consult your accountant or professional advisor. Also I only trade with a portion until I become more confident. I prefer etfs for the long hall..provides more diversification.
I'm trading a small amount in tax deferred account..haven't really set it up for shorting. I basically play break outs it seems there are plenty. It's all about being on the right side of the trade long or short..both are great.
I'm long some isis..it really bounced off 21 day ema at 38 like clock work. Eog is one I missed..it's a good long below 105. Iwas hoping to buy it below 100 also a great company. Still think scty is in trading range 67- 72 although it's starting to turn bearish here. Could be a turning point. Should know soon if it heads to low 60s or we begin to head back to 70s.
scty hard to say it's still in a range 67-72 ...it does seem to be flashing more warning signs ie moving averages..it's a wierd one. Could take off and run here. I think if we break 67 area with some volume could see low 60s