Wheel Jee,

What is your suggestion on AIG, FNM, FRE ?

Dhoti bhai,

 I have FNM in my portfolio.  I am staying away from AIG. 

 

Citi is going up like crazy. Should I sell/hold now? I already made around 18% in about 10 days.

I am thinking on buying REXX. What do you suggest?

I             K  N  E  W       A  B  O  U  T       C  I  T  I   !!! 

Some idiots here told me otherwise.  

I am holding mine. 

REXX is looking GOOD.

 

 

Wheel ji, don't say idiot if somebody disagreed with you. Sometimes idiots may be agreeing with you too. Do you still suggest to buy CITI? Last week I wanted to buy it at 2.90 and it never came to that point and I did not buy. I now regret not buying at 2.97.

I am not getting why financial's share prices are up so much today. I just sold BAC yesterday at 11.00 and now it is almost 13. Oh boy, this market is unthinkable.

ICE is down 4% today. Wheel, admit it, you can't make money trading so you are trying to be a marketer. You have been holding Citi for a while and you say that you bought at 1,2 and 3.....we do not know this because you did not tell us that before you bought it. Maybe you are holding Citi from 20+ who knows. If you are going to make calls make it before the open or post a screen shot so it will be easier for us to believe. If you can do none of that then you are just a marketer that is trying to make money by teaching and not by trading.

I think you are b*sing here. You record off stuff from Bloomberg and post it as if it is your analysis. You basically tell us what happened and not what will likely happen. Anyone can do it.

Check out Emini's thread to see how it's done.

wheel,
you still holding Shitty? Yeah not Citi, it's Shitty! The market is floating up on low volume and someone is propping it up. Eventually, the fall is inevitable. The higher we go, the faster the fall is going to come. Why do you think the government pushed back the result of stress test to Thursday? They were buying time and feeding bits and pieces of what they want the public to hear. The stress test now is no surprise. But the financials are still weak fundamentally. You have done zero analysis on your picks. You are supporting stocks that have tanked their fundamentals and you have no strategy to be honest. Any noob can spot dirt cheap stocks and reccomend it to others. And you didn't even have a stop loss in Citi. LOL. No one should take your picks seriously!
If you want to get some tips, visit this thread below:
http://www.sajha.com/sajha/html/openThread.cfm?forum=2&threadid=71335
 

I am giving you a lot, but not all.  And if some of you don't know how to take it from there, then you need to learn more.  I am not a mini trader nor do I trade in margin, and if that is not your style, brothers don't come up here and run your mouth; go back to trading emini.   

By looking at the ICE chart a trader should have been cautious when the stock spiked that high in one day, and wait till it pulled back to buy again.  Stock alert does not mean you should buy stock. 

That is all the time I have for you.  I don't even have to come here.  This is my volunteering service.  If you need specific advice like where to enter and exit send me an email.  I don't give out free lunch.  That is my style, and I don't expect everyone to like me and listen to me.  I already have many professional contacts in linkedin and facebook. 

As far as CITI, I have made profits from all my trading.  There was two times I exited in break even, one with KWK recenlty, and one with MCI also known as WCOM back in 1998, when they had accounting scandal.    Yes, 2.90 was perfect entry point (200 dma) for CITI.   

I said idiots in positive way, so don't take it in negative sense.  I hear my daughter coughing gotta go. 

Good luck traders, and do further research before you trade your hard earn money. 

Wheel Jee,

I have two questions.

1. Is it good idea to do frequest buy and sell whenever gain takes place?

2. Is there any software I can use to view multiple companies' real time stock prices simultaneously at the same time?

Your help will be the great.

Thanks

Doing very well with REXX, thank you.

Patience should have put Purana kagaz and others out of the water, and take profit yesterday.

Wheel,

You did not reply my questions.

1." Is it good idea to do frequest buy and sell whenever gain takes place?"

- That is upto you.  I sometimes do that.  But, Warren Buffet's advice is buy and hold undervalued stocks. 

2. "Is there any software I can use to view multiple companies' real time stock prices simultaneously at the same time?"

 - There are many software in the market and your broker should have one also. 

You are welcome. 

 I am going to Europe today and will not return until the end of this month. 

Good luck on your trading. 

>>> I K N E W A B O U T C I T I !!! ???

Mr. Wheel,
I asked you earlier about Citi earlier and you said that you don't buy Financial stocks..
Now, you are saying you are helding your stocks? C'mon man.