i added shares on the dip. plain and simple. will hold til pps before drop give or take a few points depending how fast it heads there. will be checking orders and volume coming in throughout the afternoon before i decide whether to hold into tomorrow or sell before close. i can already sell for a tidy profit. not bad for less than an hour. A drop like this makes day-traders salivate. Would hold longer, but like many on here, have so much already.
am a long as well, but also trade. for those bashing us traders (only wheb stock is red btw, you longs love those moves up). UAL and AAL down 2% but my trade position is green by a mile. all am saying is there is more than one way to skin a cat. would have preferred to make money off a drop due to other reasons than loss of life, but thats not up to me. my thoughts are with those who lost their lives, and bad things for those responsible for hurting the innocent.
While maybe a little oversold, an escalating crisis between Russia-Ukraine will not be good for airlines. While not the end-all-be-all. it certainly won't help things as this event gains publicity over the course of the next few days.
seriously, are you undera rock or something? you are following an airline message board and can't see the reason for a sudden drop out of nowhere.
hey bears how ya been.
wouldn't do it for a living strictly myself, but being active in day trading only a couple stocks has brought me the equivalent income of some people's yearly living. It is possible nowadays, just wouldn't put all my eggs in that basket. or investing alone either for that matter.
have been doing it since the volitile swings around Q1 earnings. mentioned a patter nat the time here, but doesn't hold true as often now. However, good day-traders have been making good money on AAL. Where do you think this action the past few months after the straight ride up has been coming from? Made a tidy sum when i was and am able to pay attention and trade the swings. I see people on here worried about holding too many shares, but a short trade and your long position shouldn't mix. they just took a day trade and held it cuz they are being greedy and haven't made enough on the "trade" yet (due to not timing it up correctly).Then they panic and are the weak hands that sell on red days and put money into brokers pockets and establish better pps prices for more educated traders.
Before you knock me, I earned this knowledge through the blood and sweat of my own mistakes and hits. It's just natural more experience will have the patience to see their move through and not panic.
agreed. although it feels as though earnings will not jump as high if they beat, as they would fall more percentage if they miss. will be searching for clues up to release.
what do you mean tonight? they released this morning already!!!!!!
just kidding, but seriously try doing a little more DD than checking your e-trade page