tag:blogger.com,1999:blog-7138812688978974457.post8066023134616406363..comments2023-09-21T06:00:23.283-04:00Comments on Dinosaur Trader: Stock Market MeltdownDinosaur Traderhttp://www.blogger.com/profile/05675466667593721085noreply@blogger.comBlogger19125tag:blogger.com,1999:blog-7138812688978974457.post-4526157637978738082008-06-09T21:29:00.000-04:002008-06-09T21:29:00.000-04:00JJ,Okay, nice call. I think you need to work on y...JJ,<BR/><BR/>Okay, nice call. I think you need to work on your style... people may listen to you more if you were a little more "human" sounding... it's the whole robot thing that people tend to turn off... like there's no way I would have bought JRCC on your recommendation, because all you do is say the same shit over and over... SWC this, PAL that... blah, blah, blah...<BR/><BR/>And you have Dinosaur Traderhttps://www.blogger.com/profile/05675466667593721085noreply@blogger.comtag:blogger.com,1999:blog-7138812688978974457.post-1029801542519483542008-06-07T10:50:00.000-04:002008-06-07T10:50:00.000-04:00Dinosaur: How was my call on JRCC on August 1st...Dinosaur:<BR/><BR/> How was my call on JRCC on August 1st at $4? I predicted a 10 fold increase. Today it reached that 10 fold and well ahead of schedule.<BR/><BR/> I predicted 20 fold or more increase for SWC and PAL. They are yet to get there so they are still very cheap to buy.<BR/><BR/> <A HREF="http://seekingalpha.com/author/mark-anthony" REL="nofollow">Read about my thoughts here</JJ2000426https://www.blogger.com/profile/07973237146288465819noreply@blogger.comtag:blogger.com,1999:blog-7138812688978974457.post-48901591398673649382007-08-01T07:20:00.000-04:002007-08-01T07:20:00.000-04:00Glenn,JJ was a pumper, no doubt. However, we worke...Glenn,<BR/><BR/>JJ was a pumper, no doubt. However, we worked our differences out in a post a few days back and I've received no spam since.<BR/><BR/>However, I don't doubt that you would ruin his internet. I wouldn't even think about fucking with your blog...<BR/><BR/>-DTDinosaur Traderhttps://www.blogger.com/profile/05675466667593721085noreply@blogger.comtag:blogger.com,1999:blog-7138812688978974457.post-7573457466202649202007-08-01T07:18:00.000-04:002007-08-01T07:18:00.000-04:00JJ,Well, I guess you can say SWC has "bottomed"......JJ,<BR/><BR/>Well, I guess you can say SWC has "bottomed".... again! At least volume finally declined on the downside.<BR/><BR/>As for JRCC, I'll just say that buying weak stocks in a weak market isn't really my style.<BR/><BR/>Good luck, I hope they work for you.<BR/><BR/>-DTDinosaur Traderhttps://www.blogger.com/profile/05675466667593721085noreply@blogger.comtag:blogger.com,1999:blog-7138812688978974457.post-40722247448096254792007-08-01T00:36:00.000-04:002007-08-01T00:36:00.000-04:00You are a day trader and you do not know why 2:45p...You are a day trader and you do not know why 2:45pm is a pivital time? Why? because day traders generally unwind their positions during the last one hour trade before going home.<BR/><BR/> I loaded up some JRCC today. Should have done it last Thursday but I was pretty tense with SWC. Now I am more relax and confident in SWC, I can add positions of things I am interested. JRCC is a coal miner. JJ2000426https://www.blogger.com/profile/07973237146288465819noreply@blogger.comtag:blogger.com,1999:blog-7138812688978974457.post-90228735060685501892007-07-31T22:01:00.000-04:002007-07-31T22:01:00.000-04:00Stewie,I agree these are the most volatile times. ...Stewie,<BR/><BR/>I agree these are the most volatile times. <BR/><BR/>Back in the go-go days, I'd trade 9:30-10:30 and then 2:00-4:00 and just chill out in the middle of the day. Since January though I've found the open very difficult to trade. This I've blamed on the outsized, low-volume swings on the NYSE stocks that occurred once they all went Hybrid in late December.<BR/><BR/>Hopefully, the Dinosaur Traderhttps://www.blogger.com/profile/05675466667593721085noreply@blogger.comtag:blogger.com,1999:blog-7138812688978974457.post-38107738408109798492007-07-31T21:57:00.000-04:002007-07-31T21:57:00.000-04:00TC,Times have definitely changed. I have found tha...TC,<BR/><BR/>Times have definitely changed. I have found that all the mechanical changes to the market (to the NYSE anyway), decimalization, hybridization, have been the big culprits in hurting my profits.<BR/><BR/>I still wish we traded in sixteenths. But I guess that's why I'm a dinosaur.<BR/><BR/>-DTDinosaur Traderhttps://www.blogger.com/profile/05675466667593721085noreply@blogger.comtag:blogger.com,1999:blog-7138812688978974457.post-10046686065860469812007-07-31T21:55:00.000-04:002007-07-31T21:55:00.000-04:00blogger,HAHAHA! This is the single most difficult ...blogger,<BR/><BR/>HAHAHA! This is the single most difficult thing to explain to non-traders. How the direction of the market is immaterial to a trader's profits.<BR/><BR/>However, it's far worse when the market rips and you lose money and everyone you know looks at you expectantly...<BR/><BR/>-DTDinosaur Traderhttps://www.blogger.com/profile/05675466667593721085noreply@blogger.comtag:blogger.com,1999:blog-7138812688978974457.post-48956946828440950032007-07-31T21:22:00.000-04:002007-07-31T21:22:00.000-04:00The biggest market moves are made in the first 1/2...The biggest market moves are made in the first 1/2 hour of trading and the last hour of trading. That's b/c that's when the big money is squaring off their positions. That's why they tend to be the most exciting times of the day. I would avoid a ton of small shitty useless losses if i only traded during those two key times. That's when the pros are trading very actively, trends get stronger, Narrow Edge Traderhttps://www.blogger.com/profile/05901666804092854144noreply@blogger.comtag:blogger.com,1999:blog-7138812688978974457.post-29057946761681009632007-07-31T21:06:00.000-04:002007-07-31T21:06:00.000-04:00DT- I don't work for a prop firm. I trade my own a...DT- I don't work for a prop firm. I trade my own account full time and have been doing it for about 10 years now. Prior to that I traded part time for about 10-12 years while I was working. I started out trading the Fidelity Select Sector funds when they first came out in the '80s. I find sectors easier to trade as they "stick out" on a relative strength basis to the whole market.<BR/>Times have TraderCaddyhttps://www.blogger.com/profile/11680204247540436675noreply@blogger.comtag:blogger.com,1999:blog-7138812688978974457.post-50963933180963932522007-07-31T21:02:00.000-04:002007-07-31T21:02:00.000-04:00But wait a minnit - the market went down today, do...But wait a minnit - the market went down today, doesn't that mean you lost money?!?! ;)bloggerdotcomhttps://www.blogger.com/profile/09874154789084838194noreply@blogger.comtag:blogger.com,1999:blog-7138812688978974457.post-20011477305363088132007-07-31T20:54:00.000-04:002007-07-31T20:54:00.000-04:00TC,Yes, similar indeed. You work for a prop firm?A...TC,<BR/><BR/>Yes, similar indeed. You work for a prop firm?<BR/><BR/>As far as trading with sectors goes, it's only really started working for me again this past week. I was having less success with it for most of the year, but that could be because I was in a slump and all...<BR/><BR/>Hope the volatility continues until I go on vacation in a couple of weeks!<BR/><BR/>-DTDinosaur Traderhttps://www.blogger.com/profile/05675466667593721085noreply@blogger.comtag:blogger.com,1999:blog-7138812688978974457.post-38192970303663581772007-07-31T20:51:00.000-04:002007-07-31T20:51:00.000-04:00artha,Thanks for the compliment.Yes, GAIA first go...artha,<BR/><BR/>Thanks for the compliment.<BR/><BR/>Yes, GAIA first got on my radar because of the yoga thing, but I've also purchased a lot of stuff from their catalogue and have been very happy with the quality.<BR/><BR/>They also offer lots of residential solar items and other "green" products for the home. I don't think the whole trend towards "greener" products and living is going away and IDinosaur Traderhttps://www.blogger.com/profile/05675466667593721085noreply@blogger.comtag:blogger.com,1999:blog-7138812688978974457.post-31980985193012613092007-07-31T20:30:00.000-04:002007-07-31T20:30:00.000-04:00Good job. It looks like I trade in a similar fashi...Good job. It looks like I trade in a similar fashion. I don't scan either since I believe much of the move has already been made. I also group my screen by sector. I have metals, oils, semis, indexes (including 2X inverse), ETFs ,etc. I look for the strongest stock (or the weakest) in the sector and I go with it depending on the general market direction.TraderCaddyhttps://www.blogger.com/profile/11680204247540436675noreply@blogger.comtag:blogger.com,1999:blog-7138812688978974457.post-79308242911327574412007-07-31T19:23:00.000-04:002007-07-31T19:23:00.000-04:00DT,No wonder you have a gift for writing.I noticed...DT,<BR/><BR/>No wonder you have a gift for writing.<BR/><BR/>I noticed you are holding GAIA in your longer term account. Did you become interested in the company because your wife is a yoga instructor? Just curious. I didn't know they are a public company. They send me catalogs but I've never purchased from them yet.arthahttps://www.blogger.com/profile/05965458487576911763noreply@blogger.comtag:blogger.com,1999:blog-7138812688978974457.post-49430744578369976622007-07-31T18:13:00.000-04:002007-07-31T18:13:00.000-04:00Moom,The bounce yesterday and then this morning we...Moom,<BR/><BR/>The bounce yesterday and then this morning were very unconvincing to me.<BR/><BR/>I got chopped up a lot today but managed to find a bunch of winners on the short side. <BR/><BR/>Who knows what happens to this market? Eventually, I'll be buying with you.<BR/><BR/>-DTDinosaur Traderhttps://www.blogger.com/profile/05675466667593721085noreply@blogger.comtag:blogger.com,1999:blog-7138812688978974457.post-48230828844041029402007-07-31T18:10:00.000-04:002007-07-31T18:10:00.000-04:00artha,No scans. Each morning I do some "research" ...artha,<BR/><BR/>No scans. Each morning I do some "research" and add or delete stocks that I watch. I have about 120 on my screens... not too many.<BR/><BR/>Lately, I haven't been changing the stocks much. I have the solars, the agricultures, the latinos, the brokers, the oils... I keep them in groups based on their sector.<BR/><BR/>I majored in English.<BR/><BR/>-DTDinosaur Traderhttps://www.blogger.com/profile/05675466667593721085noreply@blogger.comtag:blogger.com,1999:blog-7138812688978974457.post-67402699833176748862007-07-31T18:05:00.000-04:002007-07-31T18:05:00.000-04:00I did great in the morning but then lost much more...I did great in the morning but then lost much more in the afternoon. For some reason I was trying to go long... You seem to do great on these sort of days. I did well yesterday. Our performance seems to be negatively correlated :)mOOmhttps://www.blogger.com/profile/03440274434662150925noreply@blogger.comtag:blogger.com,1999:blog-7138812688978974457.post-74888387035725872052007-07-31T17:46:00.000-04:002007-07-31T17:46:00.000-04:00Sorry, but I have nothing original to say except f...Sorry, but I have nothing original to say except for "Great job!" <BR/><BR/>Do you use scans to find your trades? Or do you keep a watchlist?<BR/><BR/>Also I was wondering what you majored in college? <BR/><BR/>Thanks!arthahttps://www.blogger.com/profile/05965458487576911763noreply@blogger.com