I had promised that I was going to start my own thread regarding stock investments and the markets. So many things have happened since last time I was here and I really do not feel like sharing my knowledge. But a promise is a promise and there have been few people that have emailed me and supported me.

This thread will deal with investing in the stock markets. I will not discuss individual stocks but discuss ETFs like SPY, DIA, IWM and QQQQ. The one good thing about trading ETFs compared to individual stocks is the the ETFs provide instant diversification among similar companies within the same sector.

I will post more as we go along, regarding entry-price, profit-target and stop-losses. I do not think that any ETF is good or bad. It is good only if I'm making money and bad if I'm losig money.

If you have not been in the market so far, please read this as an information piece only rather than my recommendations. There is risk involved and you should know how much risk to take on any position.

Any suggestations, comments and criticisms are welcome as long as it is market related. If this thread gets out of hand and we start discussing off-topics, I'll stop posting.

Have a happy new year!!!! May 2007 bring you and your family lots of joys and riches.

hello all,

under my watch glass was CLWR and PCS... correct me if I say that for the first time CLWR showed bottoming out at 16.20 ish. Gosh the volume was close to 35 Mil.

Also, PCS had its wings starting today in the market.

I have been watching ARUN, CLWR and PCS now. Will make the right move when the ripe time comes.


Best!

-B

Bri: The news was out in the last hour so the little sell-off, but it still managed to close above the low today. You can see the news in yahoo finance.

I'm on a public computer so gotta go.

Later.

Emini,

ON JDO:

are we referrring to UTAH?... that is good news.

American Exchange stuff: I guess that we expected anyways coz CFO resigned few months back, right?

neways, let us see. I shall keep your valueable inputs in mind.

Best!

-B

Bri: It was the Amex stuff that I am worried about. If they get de-listed, it could mean trouble. I always play it safe, so I'll get out if it closes below $2.20. I doubled my position today at the close too. So I'm taking about 2/3rd the initial risk with twice the size. Either it goes my way and I'll stay or else I'll exit. There will be plenty of opportunities later. China is taking it on their chin. It is down more than 4% but Nikkei is up 0.5% which is good. If the yen starts appreciating from this point we might see an unwinding of the carry trade, although I do not feel that it will happen because people learnt their lessons last time and are hopefully hedged properly.

Tomorrow is options expiration so could be volatile. GOOG beat the numbers so let's see how this plays out.

China is actually up about 2% right now. Sorry the quote was wrong.

JED Gets Amex Hldrs-Equity Rule Warning; Enters Wells Pact

DOW JONES NEWSWIRES
April 19, 2007 2:14 p.m.

DOW JONES NEWSWIRES

JED Oil Inc. (JDO) said Thursday that it received notice from the American Stock Exchange that it wasn't in compliance with shareholder-equity requirements.

The Calgary, Canada, energy company said it will file a plan by May 14 to bring it into compliance with the rules, which require the company have at least $2 million in shareholders equity or to not have sustained losses in two out of three of its most recent fiscal years.

JED also said Thursday that its U.S. unit agreed to drill seven natural gas test wells in Utah as part of a farmout agreement.

The company will pay 90% of the costs for the test wells to earn a 45% working interest in the wells and their spacing units

Emini,

well, I for one would be cautious after this warning. But JDO still has some time to pull their socks and the stocks.

BTW, last summer they recorded their high. I was expecting similar sorta price range for this summer. But still having my fingers crossed like you.

Best to all!

-B

hello all,


getting my hands dirty on NFLX again. I think I would be in the monies w/ NFLX after the first half an hour surge.

Best!

-B

I do not see RR > 3 on NFLX. It might work and go up but in the long-run I think it is a bad strategy. You need to be more selective and bet only when the opportunity is there, no need to force it.

My pick is INPC. Target: $14.50(52 week high), Stop: $8.5

Buy below: $10.

I agree on RR... I am juss taking small chunk of profit out of NFLX... target 25 plus.. duration 2-3 weeks.

INPC is also a good "buy"

Best~!

-B

Emini,
I guess our argument regarding india/china demand on the upsurge kinda tanked. Hmm, am thinking of getting rid of it at 2:20.

but then I am mightily impressed with your maths... you did have a great entry pricing. And yes, you are bang on with the "preserve monies" practices.


Best!
-B



Crude Rallies Ahead of Nigerian Elections
Posted by WSJ.com Staff

africa

Crude-oil futures rallied, with traders concerned about a disruption to Nigerian oil production as the country readied for the presidential election this weekend against a backdrop of violence and unrest.

But prices were still poised to end the week lower following a 2% drop in the previous session on worries over the potential for weaker energy demand out of China.

Crude for May delivery was last up $1.01 at $62.84 a barrel on the New York Mercantile Exchange. On Thursday, the contract lost $1.30 to close at its lowest level in more than a week. It’s set to end the week with a more than 1% loss.

The expiration of the May contract likely exaggerated the move in crude prices Friday. June crude will become the lead-month contract at the session’s close. It was last up 53 cents at $63.85.

–

Bri: This has to close below $2.20 for me to take my loss, sorry if I wasn't clear. If you are not trading intraday, there is no need to look at the quotes for every tick. I watch the open, during lunch and close only.

As long as it doesn't close below $2.20, I'm staying with it. The demand from India and China are real.

Hey Emini,

No apologies accepted. *wink*. I am on my own. JOHN GALT sorta endevor. Hai na ra?

Neways, I don't think this one is tanking that low that soon. I will keep this one with Good Faith. I own a large chunk of it now. Hmm..

Why did you recommend INPC? Although it is a local company for me, I still have some doubts on it. High so far in the 15s. And has been lingering around 10ish for a long time. RR is good though. Nething in particular that you saw that I did NOT.

Best!
-B

Hey Emini,

No apologies accepted. *wink*. I am on my own. JOHN GALT sorta endevor. Hai na ra?

Neways, I don't think this one is tanking that low that soon. I will keep this one with Good Faith. I own a large chunk of it now. Hmm..

Why did you recommend INPC? Although it is a local company for me, I still have some doubts on it. High so far in the 15s. And has been lingering around 10ish for a long time. RR is good though. Nething in particular that you saw that I did NOT.

Best!
-B

I was looking at some charts and doing some historical analysis with few friends. We have come to the conclusion that the market decline is very likely in the next few weeks. The market is at an all-time high and too many people are getting excited here.

I had recommended IWM, QQQQ, SPY, DIA, XLNX in the past. If anyone bought these, you should have a decent profit here. If you notice any weakness, it is time to take the profits.

I only have JDO with stop below $2.20. My average price was $2.58. I might have to take a loss on that but I will let the market tell me when.

Emini,

Well, let us have our fingers crossed till tomorrow. I would make my decision as per the market understanding. Like you would, I assume.

I am no longer bullish on JDO. But still have high hopes on it.

So far it looks like the market will be going strong. But yes!. I too wanna be skeptic on it given that the rise has been little too fast for my taste.

Looks like your pal is going to come good on 1500 plus for S&P.

You all have a great church day!

Best!

-B

Anyone with any particular picks for the week-starting this?

Best~!

-B

My pick AVNR-

Hey Guys,
I am new in stock market and trying to start with $1000.
It'd be great if I could get help and suggestion on how to trade and which ones to pick. How much growth/loss (%) shall one expect before selling out the stocks in portfolio.

At current, my eyes are on CPSL and AMCC ... what do you guys say about them.

Let me know of any books/websites which are good for starters .... to start with "zero".

Any help is really appreciated.

Good luck to ya Newtrader.

Please read all the posts in this thread from the likes of Emini and the others. Start asking your five Ws with the sixth Hs. When you get to understand all that Ask Qs on what you understood and what your perceived of those learnings.

There is no set amount to start your investments. Although, you do have less of a leverage with small amounts as opposed to larger amounts. But then, if you buy a stock at 3 dls a piece or 43 dollars a piece, you would lose the same amount of monies if either of the two tank to 0. Got it, right?

your picks seem to have come out of third party somewhere. Please put those under watchglass till you get to form your own opinion on it. And then, if you feel like owning it, go for it.

Timing is everything. When to get in and when to get out is more of an art I believe. Yet, preserve your monies. Be smart. Be patient. Do not chicken out with your faith as long as you know what you are doing. Learn as much as you can so that you become intuitive with the maths and "feel" related to buy,sell, and hold. The "hold" being the most difficult of the decisions.

Best~!

-B