Runner's Rascals

[Runner]

[New-born baby]

Daytrade

Runner,

Let's talk daytrading for a moment. I'd like to suggest you look into FDG for daytrading. The thing is $87 a share, but it moves. And if the trade moves against you, they pay $4.27 dividend.

[Runner]

It’s a little more work then I thought. I just ran these few IG’s and this is what was returned. I have not a clue what the charts look like. I think I’ll do this type of homework on the weekend

AIRT
ANS
EAGL
FDX
WLDA
COH
FORD
ISAC.OB
ALG
CAT
DE
LUFK

[Runner]

Heck, first glance these stocks don't look to bad.

[Runner]

Runner,

Let's talk daytrading for a moment. I'd like to suggest you look into FDG for daytrading. The thing is $87 a share, but it moves. And if the trade moves against you, they pay $4.27 dividend.

Newborn, I don’t DT anything over 50.00. This number works out well for me based on my money allocation for day trades.. I must say though that chart sure does look pretty awesome on FDG…

[Runner]

Weekly watch list:
SCHOOLS:
EDMC CECO LAUR

STEEL:
RESC NUE STTX STLD CRS SIM


FISH/LIVESTOCK:
SEB IBA OME

CONSUMER FINANCIAL SERVICES:
CT NNI FRE EEFT SLM FCFC RWT

CONSTUCTION SERVICES:
CHCI LAYN DEVC WLS CHE

CONSTR. & AGRIC. MACHINERY:
DE KMT RSTI AG CAT MTW

APPAREL/ACCESSORIES
GOSHA FORD PERY TAG JLN

[IIC]

It is extremely tough to DT expensive stocks. If you are trading news...then I would stick to sub 30 bux...and in most cases...sub $15. Chart patterns are a different story...but even then, how many $50 stocks go up 10% in a day?

[New-born baby]

It is extremely tough to DT expensive stocks. If you are trading news...then I would stick to sub 30 bux...and in most cases...sub $15. Chart patterns are a different story...but even then, how many $50 stocks go up 10% in a day?

IIC,

My thinking: 10% of $15 stock = $1.50
Daily movement of FDG= $2.00

One probably won't catch all of that $1.50, and one probably won't catch all of that $2.00. But if you're trading 1000 shares and it moved .50, you made enough cover lunch (I've got a big family). If FDG dropped, you have an aggressive stock with a good dividend approaching the ex-date, so you don't have to worry about 'cutting losses.'

[Runner]

Might RSTI bounce off support today?

[IIC]

IIC,

My thinking: 10% of $15 stock = $1.50
Daily movement of FDG= $2.00

One probably won't catch all of that $1.50, and one probably won't catch all of that $2.00. But if you're trading 1000 shares and it moved .50, you made enough cover lunch (I've got a big family). If FDG dropped, you have an aggressive stock with a good dividend approaching the ex-date, so you don't have to worry about 'cutting losses.'

2 bux is only a little over 2%...and anyway, I'm not daytrading at 80 grand a pop. The dividend...I would not be interested in holding a stock that was dropping for a dividend...IIC

[IIC]

2 bux is only a little over 2%...and anyway, I'm not daytrading at 80 grand a pop. The dividend...I would not be interested in holding a stock that was dropping for a dividend...IIC

Also, that dividend is for a year...not one quarter.

I'm not saying it is a bad stock...just not my cup of tea for a DT

[Runner]

[Runner]

WOW, NAZ TRIN over 11

[Runner]

[Runner]

Could this now be the time to start looking for LONGS!!!!!!!!