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Old 07-08-2005, 09:29 AM   #1
Xenophage
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make $100,000 per dow point

my new financal goal is to make or loose $10,000 per 1 point move in the dow. in other words million dollar days !


Someone do the match for me so I can know how much I have to invest to make that kind of money. And I will Margin to the hilt.
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Old 07-08-2005, 09:32 AM   #2
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I am having a very nice day today in the markets



DIA 104.25 +1.11 Trade
EEM 72.50 +0.46 Trade
IWM 65.33 +0.75 Trade
IYR 65.69 +0.84 Trade
MIX 9.50 +0.88 Trade
QQQQ 37.50 +0.44 Trade
RCOM 8.01 +0.08 Trade
SPY 120.97 +1.02 Trade
XLU 31.94 +0.32 Trade

Gogogogogogog
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Old 07-08-2005, 09:43 AM   #3
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Go to the futures. www.interactviebrokers.com start trading the nasdaq minis and sp500 minis. You will love the action. Each point is $50 on the sp500. So you only need 20 contrcts or 100k or so to do $1k a point. They also have dow futures but I never traded them. If you love charts, fibs and resistence, the sp500 is for you.
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Old 07-08-2005, 09:47 AM   #4
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trade s&p futures.
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Old 07-08-2005, 09:50 AM   #5
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Quote:
Originally Posted by LegendaryLars
I am having a very nice day today in the markets



DIA 104.25 +1.11 Trade
EEM 72.50 +0.46 Trade
IWM 65.33 +0.75 Trade
IYR 65.69 +0.84 Trade
MIX 9.50 +0.88 Trade
QQQQ 37.50 +0.44 Trade
RCOM 8.01 +0.08 Trade
SPY 120.97 +1.02 Trade
XLU 31.94 +0.32 Trade

Gogogogogogog
thats what I'm Talkin Bout! Nice work Lars!
the qqqq is always a good play in either a bull or bear market. I often tap that one!
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Old 07-08-2005, 09:50 AM   #6
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i had some options on it years ago after the big tech crash and it paid off huge for me.
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Old 07-08-2005, 09:53 AM   #7
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Million dollar days, that would be amazing!
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Old 07-08-2005, 09:59 AM   #8
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Million dollar days, that would be amazing!
yeah cept when your on the down day hahahah

I have had a +300K day and a -$300K day the negative day hurt way worse than the positive day let me tell you !


as to options and futures.. I lost my shirt over many many years of options trading. I want to be able to have time on my side. I am more about capital preservation at this point than gambling it all
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Old 07-08-2005, 10:03 AM   #9
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that def would be a rush
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Old 07-08-2005, 10:04 AM   #10
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I probably couldn't sleep at night knowing that much cash is going up and down radically.
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Old 07-08-2005, 10:07 AM   #11
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You need a financial advisor..... A real one.
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Old 07-08-2005, 10:09 AM   #12
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Quote:
Originally Posted by WiredGuy
I probably couldn't sleep at night knowing that much cash is going up and down radically.
WG

YARGH! It's why you'll never succeed. Never get emotional. Don't think in terms of dollars.

If you are disciplined, and have exit strategies in place, you'll be ahead of the game. Lars you would be better playing options on the S&P. They do have longer term options. Gives more time but are more expensive as well.

YARGH!
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Old 07-08-2005, 12:00 PM   #13
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Chio...

Umm...

Oh never mind...

Now thats some funny shit.
You finally made me laugh.
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Old 07-08-2005, 12:02 PM   #14
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Chio...

Umm...

Oh never mind...

Now thats some funny shit.
You finally made me laugh.
yea he trades in seaweed oil and shark fins
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Old 07-08-2005, 12:31 PM   #15
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Forex, enough said. I made and still make nice coin off of it. open 24/7 instant liquidity and can be left offshore since most of it is traded in europe
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Old 07-08-2005, 01:21 PM   #16
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Chio...

Umm...

Oh never mind...

Now thats some funny shit.
You finally made me laugh.
YARGH! No idea why you would think that was funny.
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Old 07-08-2005, 01:25 PM   #17
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Quote:
Originally Posted by LegendaryLars
yeah cept when your on the down day hahahah

I have had a +300K day and a -$300K day the negative day hurt way worse than the positive day let me tell you !


as to options and futures.. I lost my shirt over many many years of options trading. I want to be able to have time on my side. I am more about capital preservation at this point than gambling it all
Now why would you say that
"-$300K day the negative day hurt way worse than the positive day let me tell you !"
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Old 07-08-2005, 01:27 PM   #18
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Lars, do you know any penny stock that'd be good to have? I already own some QBID and CMKX.. but they seem to be dead these days.. not much action
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Old 07-08-2005, 01:32 PM   #19
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MSFT... so under valued
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Old 07-15-2005, 07:18 AM   #20
Xenophage
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Originally Posted by BradShaw
You need a financial advisor..... A real one.

Yeah prolly so, but as a once licenced stock broker and trading stocks for almost 20 years I have a hard time believing anyone can do better. Since less than 10% of the people out there can beat the S&P 500
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Old 07-15-2005, 07:43 AM   #21
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very nice lars. whats your take on siri and xm right now? still holding off? siri had a run the past few days. You see it dipping back down to around $5 any time soon?
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Old 07-15-2005, 07:47 AM   #22
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very nice lars. whats your take on siri and xm right now? still holding off? siri had a run the past few days. You see it dipping back down to around $5 any time soon?
If I ahd to buy oe I would buy XMSR


http://finance.yahoo.com/q/bc?s=SIRI...z=m&q=l&c=xmsr


Its way cheaper than Siri I think they are both overvalued XMSR has more subscribers makes more money and is valued at less Market cap. But I am often wrong on individual stocks thats why I dont play them that often. I think the market oveall is ready to make a nice run up though the last weeks have been very promising !

Last edited by Xenophage; 07-15-2005 at 07:49 AM..
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Old 07-15-2005, 07:55 AM   #23
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Old 07-15-2005, 07:59 AM   #24
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Free Stock Advice for AFF - just another + for being a member of their program.
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Old 07-15-2005, 09:10 AM   #25
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check out ADST, i got in at .89 ,they just made nasdaq compliance and advertising revenue is steadily going up. They have had a nice run so far but there seems to be more upside
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Old 07-15-2005, 09:40 AM   #26
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A stock with great potential short term: GCCP.OB

I'm in averaging 0.058 since May and haven't sold a single share yet. I've done a lot of research on this one, spoke with the CEO on several occasions and I can tell you this is a no brainer. Anyway always do your own DD before you buy.
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Old 07-15-2005, 09:41 AM   #27
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Lars, "Contracts for Difference" are what you're looking for.
Very speculative but that seems to be what you want.

Check out this website for instance http://futures.fxstreet.com/Futures/...menu=knowledge

or use google of course.
Peace,

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Old 07-15-2005, 12:22 PM   #28
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Originally Posted by Postmaster
Lars, "Contracts for Difference" are what you're looking for.
Very speculative but that seems to be what you want.

Check out this website for instance http://futures.fxstreet.com/Futures/...menu=knowledge

or use google of course.
Peace,

Selio

Interesting
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Old 07-15-2005, 12:38 PM   #29
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Originally Posted by Mike_J
A stock with great potential short term: GCCP.OB

I'm in averaging 0.058 since May and haven't sold a single share yet. I've done a lot of research on this one, spoke with the CEO on several occasions and I can tell you this is a no brainer. Anyway always do your own DD before you buy.
Nice run on that one.....with pennies I really like MSSI, really undervalued IMO, just finished an acquisition. Everyone is basically waiting on revenue projections now, after that gets released it should fly IMO, but then again u never know with pennies :-)
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Old 07-15-2005, 01:35 PM   #30
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Nice run on that one.....with pennies I really like MSSI, really undervalued IMO, just finished an acquisition. Everyone is basically waiting on revenue projections now, after that gets released it should fly IMO, but then again u never know with pennies :-)

Yes and GCCP hasn't even started yet in my opinion. Most of the shares are held by longs and the float on this one is extremely tight. Once the news hits about profits for the 2nd quarter and it gets decent volume this will see 0.30-0.50+ IMO. I own over 2 million shares and I'm pretty confident this will happen. Anyway enough about this stock

Only had a quick glance at MSSI and it looks good, do you know they have any plans getting rid of Cornell ?
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Old 07-15-2005, 02:32 PM   #31
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Only had a quick glance at MSSI and it looks good, do you know they have any plans getting rid of Cornell ?
Well I would imagine that is going to happen now that they have new financing in place with Textron. This should be on the short list of things that this company needs to address with a series of PR's that should come out in the next few weeks. The Nurses PRN deal gave this stock a surge last week but no #'s have been provided yet as to the revenue projections (nobody really knows the $$ that PRN does), if that PR comes out and the #'s are favorable we should see .08-0.10 quite fast in my opinion.
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Old 07-15-2005, 02:38 PM   #32
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watched a neighbor that was in day trading make 3.2 million on week, and then lost 8 mill. Lost his house, his wife, his car, and later killed himself.
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Old 07-15-2005, 04:41 PM   #33
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Well I would imagine that is going to happen now that they have new financing in place with Textron. This should be on the short list of things that this company needs to address with a series of PR's that should come out in the next few weeks. The Nurses PRN deal gave this stock a surge last week but no #'s have been provided yet as to the revenue projections (nobody really knows the $$ that PRN does), if that PR comes out and the #'s are favorable we should see .08-0.10 quite fast in my opinion.
Ok thanks, I'll look into this further and might take a position
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Old 07-15-2005, 04:45 PM   #34
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Quote:
Originally Posted by LegendaryLars
my new financal goal is to make or loose $10,000 per 1 point move in the dow. in other words million dollar days !


Someone do the match for me so I can know how much I have to invest to make that kind of money. And I will Margin to the hilt.
Why not just buy some Class A Berkshire Hathaway (BRKA)? It's a solid investment and often has days where it fluctuates by thousands of dollars.
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Old 07-15-2005, 04:48 PM   #35
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Originally Posted by LegendaryLars
If I ahd to buy oe I would buy XMSR


http://finance.yahoo.com/q/bc?s=SIRI...z=m&q=l&c=xmsr


Its way cheaper than Siri I think they are both overvalued XMSR has more subscribers makes more money and is valued at less Market cap. But I am often wrong on individual stocks thats why I dont play them that often. I think the market oveall is ready to make a nice run up though the last weeks have been very promising !
I love that stock because of the things it did for me awhile back.
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Old 07-15-2005, 04:50 PM   #36
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YARGH! No idea why you would think that was funny.
Its funny that they are too stupid to listen to what you're saying. They must not know your financial background.
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Old 07-15-2005, 07:14 PM   #37
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Its funny that they are too stupid to listen to what you're saying. They must not know your financial background.
Now thats interesting Care to explain Chio ???
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