Tuesday, October 9, 2007

Bought 100 CMI @ $136.53

I'm hoping this puppy can break to new highs in the next few days.

After selling out of my LDK long this morning, my swing account currently reads:

300 DSL
100 NMX
100 CMI
-50 JRJC

Meanwhile, I want to remind everyone that I'm not suggesting you buy or sell stocks at these levels. I'm just sharing with you what I do. However, I'm new to this "swing trading" thing and learning... I know nothing.

UPDATE: A "few days" or a "few hours..." Whatever! I'll take it!


Bluedog said...

Are you still short JRJC (after today's 14.81% gain, and another 2.09% gain AH)? Those Chinese stocks are such a gamble. I'm keeping out of them for now.

Careful with NMX, too. That's more stable, but it's a volatile stock. 6-mo chart looks like a saw end. I think most NMX stockholders are hoping for a buyout to juice the stock up to $140+. NYX has been rumored to be a potential acquirer, but I don't see that happening (if at all) until NYX's share value recovers. In the meantime, you can definitely make some money on NMX's swings. Good luck!!


Dinosaur Trader said...


Yep, covered half my JRJC yesterday but held the other half. It's back to breakeven... I originally got short at $42.

I should have covered it all... the down volume was really weak. 20/20 hindsight.