KevinD's Account Talk

[KevinD]

I just dragged half to safety. I may change my mind before noon.

 

[KevinD]

I have decided to back out of taking the class at OTA until I can pay cash for the class and I have several thousand dollars available to open a trading account.

But I WILL take the class...one day.

 

[Birchtree]

It's time to buy MEE - that would help me out. I'll be buying more on these lows next week.

 

[KevinD]

I may regret this but I have canceled my pending IFT.

 

[Birchtree]

I admire that courage. If the bears don't swarm before the close we could see an SPX back to 1100. They are ripping the VIX a new one right now.

 

[crws]

What do you think of this comment I found regarding this bounce?: T/F?

"But Stock Market RALLIES On News Of Reform Bill "

what baloney. The stock market was down 145 points at the open after the market had digested the news.

The market has rallied on huge volume caused by owners of put options that are closing out their potential short positions. Monday will be a down day after this false floor goes away.

 

[KevinD]

I have decided to back out of taking the class at OTA until I can pay cash for the class and I have several thousand dollars available to open a trading account.

But I WILL take the class...one day.

I found a thread on another forum about Online Trading Academy. It's 24 pages if any one's interested.

http://www.elitetrader.com/vb/showthread.php?threadid=133304&perpage=6&pagenumber=1

One of the posts in the above thread from another forum said that the home study DVD set is usually available on eBay for a couple hundred dollars so I went to see if I could find one.

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=120570971016

There were 2 sets till I bought one of them. This seller has one left if anybody wants it. $220 is a lot more affordable than $4990.

 

[nasa1974]

Hey KD I had to go all the way to page 4 to find you. Look out I am going to pass you. HA! :nuts: Oh! wait a minute I am going in the wrong direction. :embarrest:

Now I got you back to the first page.

 

[KevinD]

Thanks nasa. Interesting times, eh?

 

[nasa1974]

Thanks nasa. Interesting times, eh?

Just a little. :blink:

 

[KevinD]

One of the posts in the above thread from another forum said that the home study DVD set is usually available on eBay for a couple hundred dollars so I went to see if I could find one.

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=120570971016

There were 2 sets till I bought one of them. This seller has one left if anybody wants it. $220 is a lot more affordable than $4990.

I'm over half way through watching these 32 DVD's. I'm going to have to watch the whole thing again in order to try to get the things I've missed. It's a lot of information crammed into a 1 week course. I still plan to take the live class one day. Watching the DVD's should give me a head start.

 

[KevinD]

Also...

I've watched a few of these videos lately. The one about Managing 401K accounts with charting was pretty good. N00bies and novice traders should be able to get something out of them. Thanks to poolman for turning me on to thestockmentor.com.

http://thestockmentor.com/index-4.html

 

[KevinD]

I REFUSE to try to pick the bottom!

(I just had to post that in order to remind myself...)

 

[nnuut]

I REFUSE to try to pick the bottom!

(I just had to post that in order to remind myself...)

You are a Wise Man, I've tried that and it woild have been better to Pick my NOSE!

 

[KevinD]

I REFUSE to try to pick the bottom!

(I just had to post that in order to remind myself...)

It's a good thing because it looks like I missed it anyway. :blink:

 

[KevinD]

Brian Shannon talking about picking bottoms.

http://www.youtube.com/watch?v=c1kHIkn6qvo&playnext_from=TL&videos=eiFYkuDagvs&feature=sub

 

[KevinD]

I don't think I'm doing this right. TSP is hard...

100 G

 

[KevinD]

For those who can't tell, my previous post was supposed to be humorous.

I see no reason to be in. Out till next month where I'll make another bad move. (more humor)

 

[coolhand]

A "trending" market this ain't. Very easy to get crossed up in this volatility. I think buy and hold whether it's stocks or cash is the best way to play this, but it depends on one's time to retirement and appetite for risk.

 

[WorkFE]

but it depends on one's time to retirement and appetite for risk.

I believe that is without question, in this environment, the nail head.