Comments on: Watchlist for January 23, 2008 http://tradermike.net/2008/01/watchlist_for_january_23_2008/ Trading, Stocks, Stock Market, Money Mangement & Risk Management Thu, 04 Dec 2008 19:23:27 +0000 http://wordpress.org/?v=2.6.3 By: joe jackson http://tradermike.net/2008/01/watchlist_for_january_23_2008/#comment-9001 joe jackson Wed, 23 Jan 2008 22:39:54 +0000 http://tradermike.net/2008/01/watchlist_for_january_23_2008/#comment-9001 i would like to know how to pick great etf's. i am new at this. i would definitely appreciate any knowledge that's available to me. thank you joe jackson i would like to know how to pick great etf’s. i am new at this. i would definitely appreciate any knowledge that’s available to me. thank you joe jackson

]]> By: tom http://tradermike.net/2008/01/watchlist_for_january_23_2008/#comment-9000 tom Wed, 23 Jan 2008 20:45:25 +0000 http://tradermike.net/2008/01/watchlist_for_january_23_2008/#comment-9000 Mike, looks like you got your afternoon bounce. One for you Dow Theory folks: earlier this morning when dow/naz/sp500 were still deep in the red, the transports were up 2 percent. That along with the bounce in the financials was like a flashing green light. Mike, looks like you got your afternoon bounce.

One for you Dow Theory folks: earlier this morning when dow/naz/sp500 were still deep in the red, the transports were up 2 percent.

That along with the bounce in the financials was like a flashing green light.

]]> By: Carey http://tradermike.net/2008/01/watchlist_for_january_23_2008/#comment-8998 Carey Wed, 23 Jan 2008 16:07:28 +0000 http://tradermike.net/2008/01/watchlist_for_january_23_2008/#comment-8998 Only difference is if I dip into margin, it cost me nothing when shorting - guess that's why I like shorting stocks. I'm a cheap bastard. Only difference is if I dip into margin, it cost me nothing when shorting - guess that’s why I like shorting stocks. I’m a cheap bastard.

]]> By: Michael http://tradermike.net/2008/01/watchlist_for_january_23_2008/#comment-8997 Michael Wed, 23 Jan 2008 16:05:55 +0000 http://tradermike.net/2008/01/watchlist_for_january_23_2008/#comment-8997 Carey, You don't have to short QID. Buying QLD is the same as shorting QID. Carey,

You don’t have to short QID. Buying QLD is the same as shorting QID.

]]> By: Carey http://tradermike.net/2008/01/watchlist_for_january_23_2008/#comment-8996 Carey Wed, 23 Jan 2008 15:59:00 +0000 http://tradermike.net/2008/01/watchlist_for_january_23_2008/#comment-8996 Whenever the market has stretched in a given direction as far as I think it will go, I tend to wait another 24 hours to see what the next day brings. More often than not, things seems to stretch that much further. I'm guessing its a function of forced selling due to margin calls - regardless, waiting that extra day has helped flip most of my trades from a position of uncertainty to a comfortable and boring ride. Now if only there were shares of QID to short (not all double negatives are improper). Whenever the market has stretched in a given direction as far as I think it will go, I tend to wait another 24 hours to see what the next day brings. More often than not, things seems to stretch that much further. I’m guessing its a function of forced selling due to margin calls - regardless, waiting that extra day has helped flip most of my trades from a position of uncertainty to a comfortable and boring ride. Now if only there were shares of QID to short (not all double negatives are improper).

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