As for this statement, you again make my point: âAnyway with that said we encounter a market pull back today and it might be a good time to initiate longs.â Is there 0% chance tonight of another SAY or a terrorist act or whatever? Thus, I have no idea whether one should initiate longs or not. I am just interested in the immediate-term. Now, I am not going to do this every day because, frankly, I am really really tired right now and have a couple more hours ahead, but just want to go thru what I did. Iâll note in CAPS what I did following your notes. ACAS- ACAS- continued its march higher yesterday; looking for more momentum thru 7.39 Tues high DOWN 10% in pre.; NEVER GOT TO MY PRICE. NO TRADE. MPG- closed near high; looking for a buy point thru Tues 2.35 high... Geez a ST play in a REIT! YOU DO KNOW THESE HAVE TAX IMPLICATIONS! WENT FROM 2.35 TO 2.52 IN ABOUT FOUR MINUTES AROUND 11;25AM; DID NOT DO IT AS I WAS DEALING WITH SOMETHING ELSE ALD- the thing keeps going as well. Looking for buy thru 4.99 Tues high. herb Greenberg has a lot of issues with this co of the legal kind. These guys might be criminals and have been subpoenaed.; WENT FROM 4.99 TO 5.33 IN THREE MINUTES STARTING AT 9;50AM OR SOâ¦DID NOT DO IT BECAUSE IT HAD ALREADY HAD A HUGE RUN-UP XTXI- huge rally yesterday; likely A-B-A2 off of open with a focus on Tues 6.98 high. Actualy an A-b 3 open down 13%; NEVER GOT CLOSE TO MY TRIGGERâ¦DID NOTHING FFIV- warned, but not horribly; news may be factored into the stock as it traded higher yesterday afternoon- one of my favorite tech names of recent past. Want to read that warning. Right at sig resistance of $23 sure to get through it. On the surface I like this set up. SAW NOTHING CLEAR..DID NOTHING PLCM- preannounced to the upside- If this is the teleconferencing stock I think I own it! Not a great stock though. NO CLEAR SET UP FOR ME; DID NOTHING NTCT- preannounced to the upside- Impressive jump up gap of 25%, not an unkown name though bares watching for a retrace. NO CLEAR SET FOR ME; DID NOTHING IWOV- preannounced to the upside-ZZZzzzz I did own this at $45 and rode it to $1 as I remember back in 01' NO CLEAR SET-UP FOR ME; DID NOTHING ARTC- continued its march higher- an now lower -8.7% NEVER GOT TO MY TRIGGER; DID NOTHING ICOG- won a case against BA- big spike 27% DID NOT KEEP GOING; DID NOTHING LJPC- announced deal with BMRN in which it can potentially receive a huge amount of cash.- I guess you could say having a good day UP 93%!!!! Lol NO CLEAR SET-UP; DID NOTHING IR- Trane won contract from Fed. Govât valued at up to $5 billion- Nice Spot. Great Chart. Potential for more! NO CLEAR SET-UP; DID NOTHING ARM- very strong in closing near a high; looking to buy thru 3.99 Tues high- DOWN 6% NEVER GOT TO TRIGGER; DID NOTHING LXP- strong; closed near highâ¦looking to buy thru Tues 5.96 high- $2.5 Billion debt- Exposure to BOTH Ciruit City & Daimler- Chrysler! DID NOT GET TO TRIGGER; DID NOTHING AHD- closed near high looking to buy thru 7.05 Tues high.- 4.5% Down NEVER GOT TO TRIGGER; DID NOTHING DFT- strong; looking to buy thru Tues 3.75 high OH GOD NO! This is a data center REIT that is having projects pulled left and right. NEVER GOT TO TRIGGER; DID NOTHING FCE/A- closed near high; looking to buy thru Tues 8.59 high - Is this a REIT don't know the name... DID NOT GET TO TRIGGER; DID NOTHING TXCO- strong energy stock; looking to buy thru Tues 3.15 high. YUCK down 16% already today. Am I in the "good" section? Just kidding but like I said this is why we should tighten up your lists... al of ET would benefit. DID NOT GETTO 3.15 TRIGGER SO NOT A BUY XTEX- small energy stock closing near high; looking to buy thru 7.19 Tues high- Don't know these guys, more later DID NOT GET TO TRIGGER; DID NOTHING MCGC- strong; looking to buy thru Tues 1.74 high. YUCK. Donât like. STOCK TRADED IN TIGHT RANGE TO 1.65 OR SEVERAL MINUTES; THE INSTANT THE OFFER LEFT, I GOT IN (AND TRIED BUYING MORE AT MY TRIGGER, BUT DID NOT GET ANY MORE). Here are my trades in it: 09:45:33 MCGC BOT 1021 1.65 NWTEPIPH2 NSDQSTGY X 09:45:33 MCGC BOT 3979 1.66 NWTEPIPH2 NSDQSTGY R 09:45:59 MCGC SLD 2500 1.83 NWTEPIPH2 NSDQSTGY X 09:46:23 MCGC SLD 100 1.82 NWTEPIPH2 NSDQSTGY R 09:46:23 MCGC SLD 100 1.82 NWTEPIPH2 NSDQSTGY R 09:46:23 MCGC SLD 200 1.8 NWTEPIPH2 NSDQSTGY R 09:48:37 MCGC SLD 625 1.8 NWTEPIPH2 NSDQSTGY X 09:48:38 MCGC SLD 575 1.8 NWTEPIPH2 NSDQSTGY A 09:48:38 MCGC SLD 100 1.8 NWTEPIPH2 NSDQSTGY A 09:49:00 MCGC SLD 100 1.8 NWTEPIPH2 NSDQSTGY A 09:49:00 MCGC SLD 700 1.8 NWTEPIPH2 NSDQSTGY A Total profit after commissions was about $750. MGA- closed near high; looking to buy thru Tues 35.83 high- oh my! A car parts supplier, what are you smoking- That A2? $5 dollars ago ok as a lark but with 24% of Rev from GM... It's tough. I like Many Moe the Pep guys that has a fat div and is like $3 I believe- haven't looked in a while and I wrote up ORLY here and own it and made good $... But my ideas in this segment are geared towards to home market and the fixer uppers- the folks who will have cars on the road longer now without the ability to buy new ones... Magna is a direct supplier to the fading car makers... risky, even for two minutes! DID NOT GET TO MY TRIGGER; DID NOTHING WFR- closed near high; looking to buy thru Tues 17.81 high. Hummmm. Kind of like. Lost money on them twice. DID NOT GET T OMY TRIGGER; DID NOTHING WDC- very strong in closing near high; looking to buy thru Tues 14.45 high- That high would be right at 3 month resistance- if it does poke through $16 is there but not the best risk reward. DID NOTHING KBR- preannounced decent earnings- Jana Partners reduced their stake by 68% recently, my family used to do business with them, I'll try and find out why. I kind of like the idea. This is my choice as of now of your ideas.... comeback chart. Good sector for Obama bounce. Will tear through some finacials today... COULD NOT FIND SET-UP; DID NOTHING QCOM, ETN, VZ, GIS- all on âMad Moneyâ last night- not a valid reason for investment - GIS TRADED DOWN INITIALLY BUT IN INITIAL MARKET BLIP, CAME BACK. PLENTY OF PEOPLE WATCH THE SHWO SO GOOD FOR IMMEIDATE-TERM POP. WHEN IT GOT JUST ABOVE UNCH ON THE DAY, PLENTY OF SHORTS WHO COULD NOT UNDERSTAND WHY A SHOW WOULD CAUSE A STOCK TO RALLY SCRAMBLED TO COVER. THIS IS MY TRADE: 09:34:20 GIS BOT 400 59.55 NWTEPIPH2 NSDQSTGY R 09:34:20 GIS BOT 400 59.55 NWTEPIPH2 NSDQSTGY R 09:34:20 GIS BOT 200 59.55 NWTEPIPH2 NSDQSTGY A 09:34:57 GIS SLD 100 59.66 NWTEPIPH2 NSDQSTGY R 09:34:57 GIS SLD 223 59.66 NWTEPIPH2 NSDQSTGY R 09:34:57 GIS SLD 200 59.65 NWTEPIPH2 NSDQSTGY D 09:35:01 GIS SLD 77 59.65 NWTEPIPH2 NSDQSTGY A 09:35:19 GIS SLD 200 59.66 NWTEPIPH2 NSDQSTGY R 09:35:19 GIS SLD 100 59.665 NWTEPIPH2 NSDQSTGY X 09:35:19 GIS SLD 100 59.65 NWTEPIPH2 NSDQSTGY X MADE ABOUT $100 AFTER COMMISSIONS PLCM- pre-announced decent earnings- gapping 9.6%; COULD NOT FIND SET-UP RMBS- announced a major contract with Samsung -gapping 4%; TRIED SHORTING THRU UNCH WHEN THE STOCK FAILED TO HOLD GAINS ON THE NEWS. MISSED A 33 CENT FLUSH. FDO- good earnings- Gapping 9% BOUGHT ON NEW HIGH AS MORNING PROGRESSED: 10:31:57 FDO BOT 500 28 NWTEPIPH2 NSDQSTGY X 10:31:57 FDO BOT 190 28 NWTEPIPH2 NSDQSTGY X 10:31:57 FDO BOT 200 28 NWTEPIPH2 NSDQSTGY X 10:31:57 FDO BOT 474 28 NWTEPIPH2 NSDQSTGY X 10:31:57 FDO BOT 100 28 NWTEPIPH2 NSDQSTGY D 10:32:12 FDO SLD 500 28.12 NWTEPIPH2 NSDQSTGY R 10:32:12 FDO SLD 50 28.12 NWTEPIPH2 NSDQSTGY R 10:32:12 FDO SLD 200 28.1 NWTEPIPH2 NSDQSTGY X 10:32:12 FDO SLD 50 28.1 NWTEPIPH2 NSDQSTGY X 10:32:41 FDO SLD 150 28.15 NWTEPIPH2 NSDQSTGY R 10:32:41 FDO SLD 200 28.15 NWTEPIPH2 NSDQSTGY R 10:32:42 FDO SLD 14 28.15 NWTEPIPH2 NSDQSTGY X 10:33:02 FDO SLD 100 28 NWTEPIPH2 NSDQSTGY R 10:33:02 FDO SLD 200 28 NWTEPIPH2 NSDQSTGY R MADE $135 OR SO AFTER TICKETS STZ- decent earnings- booze is always good in recessions; SAW N OSET-UP. DID NOTHING. MON- good earnings- Gaping up 9% SAW NO CLEAR SET-UP; DID NOTHING As for the âbadâ ones I pointed out, only did SAY: 08:00:54 SAY BOT 400 1.63 NWTEPIPH2 NSDQSTGY X 08:00:54 SAY BOT 100 1.63 NWTEPIPH2 NSDQSTGY X 08:00:40 SAY BOT 500 1.6 NWTEPIPH2 NSDQSTGY R 08:00:28 SAY BOT 900 1.61 NWTEPIPH2 NSDQSTGY X 08:00:28 SAY BOT 100 1.61 NWTEPIPH2 NSDQSTGY X 08:00:21 SAY BOT 1400 1.59 NWTEPIPH2 NSDQSTGY X 08:00:21 SAY BOT 100 1.59 NWTEPIPH2 NSDQSTGY X 08:00:03 SAY SLD SHRT 3500 1.68 NWTEPIPH2 NSDQSTGY J That was good for $235 after tickets. Of course, had I held it, well, letâs not think of that depressing error in judgment. But, it is in line with the whole get in, get out concept. Still, the trades I did off of these ideas amount to over $1,200 after tickets. Just because something is a REIT or a fraud or whatever elseâ¦it means next to nothing for an immediate-term move. Bottom line is that I earned a respectable dayâs pay just from these ideas much less the things that came to mind intra-day with relatively little risk⦠was 4 for 4. Left a lot on the table (see SAY), but did OK. In any case, I am truly exhausted. I cannot keep responding like this or I wonât sleep. But you were certainly due a response here and I certainly want to defend my work. In conclusion, I do have a motive of altruism here, but Iâd be lying if I said there wasnât a selfish motive here as well; I want to learn from people plus it helps me to study over the things I do and why they do (or donât) work. So, bless you and continued good luck. Take care. Erik