investing / stocks

[robbor]

Anyone here into investing???
I remember talking to a member here that was holding ford. Anyways just fun to talk stocks.
Ive been watching fannie mae this morning, its making a killing.

[deathb4disco]

I read a lot of finance and investing stuff, but I don't own any individual stocks. I'm more of a mutual fund guy.

[backtocrappie]

I day trade for a living these days.

[deathb4disco]

I day trade for a living these days.

Do you make money? I had a client who lost a million day trading.

[robbor]

I day trade for a living these days.

Are you watching fannie mae? its going to be upway over 20% tuesday, its been on a mad run the last 2 weeks.
in the german exchange it traded today.

[backtocrappie]

Do you make money? I had a client who lost a million day trading.

It's not for everyone and if you don't lose you're not a trader or you've been touched by God. Yeah, I've lost money, but I can recover it. I'm not tying up piles of cash in any one thing--bad juju--deadly practice.

Are you watching fannie mae? its going to be upway over 20% tuesday, its been on a mad run the last 2 weeks.
in the german exchange it traded today.

I'll be honest. Fannie is a pink sheet sold on the OTC and the Beta rating is 1.67. It's risk factor is through the roof high.

It's the May - June season. I have 5olid picks I use in this season. Everything else is too risky. As a trend trader I'm constantly adapting to the changes but May - June is always the same crash-crash-crash... Hence the phrase "Sell in May and go away". I still play it out as it falls but only I know I've hit a price that be consistent with June. Such as last Friday I bought and sold Pepsi 4 times and Walmart once. Around June 1st I'll be throwing everything I have and kitchen sink too into the market. Early June is the time to "invest". Then late August.

[robbor]

FNMA will be off the pink sheets toward the end of june when its relisted to the NYSE.

[backtocrappie]

FNMA will be off the pink sheets toward the end of june when its relisted to the NYSE.

I'll look at it again but anything that's been delisted isn't always in my favor.

[backtocrappie]

FE just took a whopper of a nose dive. I'm sniffing for blood right now, looking to opt in.

[robbor]

Did you watch FNMA tues backtocrappie? Wednesday will tell the tale. I knew tues was going to be over 20%, im just hoping we can hold the gains and stay up 5%. Now its just sit back and wait for the relisting and govt to clarify the conservatorship again.