Recent content by donj

Fair enough. Of course, I do keep track of what's going on and have reserves to sweeten the pot or stop loss if things get hairy. The criticism I hoped for and haven't gotten is a rebuke on the tax implications of so much trading combined with the gambling nature of what it is I'm doing. The...

Thanks for the succinct input. I agree. This luck can not be sustained. If most of you guys are day traders then of course you don't think market timing is dumb. I don't have the time, interest or energy to keep track of more then 5 stocks at a time. I easily spend 2 hours a day researching...

Yeah, I'm lucky... Um, no. I made it pretty clear that I've made some money. I didn't specify when I bought back in but it was much closer to 9500. The stock I chose first was DO and it dropped to my bid on October 8th. I sold it 5 days later at a hefty profit. Very encouraging and a bit...

Assuming we are in a global recession that will last a couple of years I kinda count on lots of ups and downs and sideways angling but not significant long-term movement up or down. We might be in a secular bear market as opposed to a cyclical one. In this forbiding case, we may see a 12-20...

I've had some recent success with market timing. With all the volitility I just pick some solid good dividend paying stocks and put an order in to buy when the market tanks 15-20 percent. Then I immediatly put an order in to sell when the price goes back up 15 percent. I know I'm out the 5...