crash

Discussion in 'Trading' started by hedgez, Jul 15, 2002.

  1. shneed

    shneed

    All I have to say is WOW!!! Hope everyone had a good day today, haven't made so much money in one day since 2000.

    Good luck,
    shneed
     
    #31     Jul 15, 2002
  2. Give me a 400 point rally at the close anytime...

    :)

    Don
     
    #32     Jul 15, 2002
  3. Noodles

    Noodles Guest

    You cannot be serious with this statement :eek:
     
    #33     Jul 15, 2002
  4. Noodles

    Noodles Guest

    For shizza my nizza! That shit was off the meat racks! :D :p
     
    #34     Jul 15, 2002
  5. Tony01

    Tony01

    That's right! I remember earlier this year thinking the summer would be horrific based on how slow last summer was. So far it's been great!! Days like today sure do bring back memories of the good ole days. Volume and volatility. . . what more could you ask for?:D

    Tony
     
    #35     Jul 15, 2002
  6. You said the magic words man! volume and volatility.
    I would add a little more to it and say, "dollar volatility" - as opposed to just percent volatility. But that requires higher priced equities, which we seem a long way off these days.

    (explanation: i'd prefer $5 range on $60 stock, which is about 8% range, compared to 15% range on a $15 stock, which is about $2)
     
    #36     Jul 15, 2002
  7. Lavish

    Lavish

    Okay daniel, here's what I see you saying: suppose you bought $10,000 worth of $60 stock and I bought $10,000 worth of $15 stock.
    You have 167 shares and make $5.00/per = $835
    I have 667 shares and make $2.00/per = $1334

    Please explain again, why do you prefer earning 8% instead of 15%? I think I'm missing your point here.
     
    #37     Jul 15, 2002
  8. gwb-trading

    gwb-trading

    QUOTE]Originally posted by Lavish


    Okay daniel, here's what I see you saying: suppose you bought $10,000 worth of $60 stock and I bought $10,000 worth of $15 stock.
    You have 167 shares and make $5.00/per = $835
    I have 667 shares and make $2.00/per = $1334

    Please explain again, why do you prefer earning 8% instead of 15%? I think I'm missing your point here.
    [/QUOTE

    Most Traders perform trades with a set number of shares rather
    than a fixed sum of money. If a trader opens a position with
    1K shares then the following results would be achieved:

    1K of stock priced at $60 moves $5 (8%) yields $5,000
    1K of stock priced at $15 moves $2 (15%) yields $2,000


    - Greg
     
    #38     Jul 15, 2002
  9. specul8tor

    specul8tor Guest

    just buy then sell then buy again. thats how to make money.

    trade mutual funds this way you can put in fixed $ amounts
     
    #39     Jul 15, 2002
  10. skynet

    skynet

    rally from the lows was great...hope most of you had a good day.
    All it took for this market to rally so much was for some big institution to start buy the sp. Stocks werent cheap. All it was was the change of trend for the sp.

    what a rally
     
    #40     Jul 15, 2002