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So -

Was pretty busy today... was looking to get into PMU at the bottom of that candle at 0.28, but was busy trying to dump a few more shares of ASFX.

I see you folks have some new tickers......

You guys all eating dinner or something??

What gets tricky sometimes is when you buy gold stocks expecting them to follow gold, but then they dump along with regular stocks. I've traded AUY quite a bit, and it does happen, but I played the...

In times like these, we could use a little more what you can do for your country, that's for sure.

Safe entry on AUY could be the classic 61.8% retractment between 11.49 and 8.22... that would put a decent stop on a downtrend in gold if it were to occur... but PMU trades in the pennies, and we...

LOL, I yank the SIRI charts after a day or so, so that the guys on the other board don't come over here and start arguing about how wrong my prices are compared to theirs, and start picking me apart....

Yeah, the pullback was part of the cyclical prediction... with the wait for the middle of oct for the next upswing. You can see on that AUY stock that it should near a breakout point either up or...

Man, I've been online all day, need to work, wanted to see where ASFX closed.

Thank goodness, market closed... I hope the ES starts a rally, I need to decide on what to cut here... PACR has been...

All in all, you won't hurt yourself if you sign up, and just keep an eye on the actual cash you have in hand... whether for that 3 days during settlement cash balance would read $0 or $1000...

at...

SIRI is forming a larger pennant - and the ES (SP futures) were taking a breather, but still looking for upside.

That 0.70 resistance will be a tough one to break - SIRI had a smaller pennant and...

I have $0.636

The market is taking a little dump - mixed on decrease in job loss, but decrease in home sales. SIRI is listed... so plan accordingly.

Actually, since it's movement to the...

The most important thing is to only look at your cash balance, same as you do in your cash account, and you shouldn't have any problems, i take that back...

The only caveat is say
if you started...

Speaking of SIRI, here's one of my ancient charts - I drew it out in april, and only dragged out some of the lines since

it is my support/resistance chart - I think we had 3 days were prices...

Cleared for day trading is where you need $25000 cash balance

Margin is a completely separate thing (but you likely need margin to day trade.. in fact, they allow more margin so you can do it I...

I don't think you need 25K for the margin account, 25K is the amount to day trade... 4 daily round trips in a one week period. Unless they changed it. My accounts are pretty old, but they were all...

LOL, the SEC finally made brokers announce that retail needs to watch themselves with inverse/leveraged funds.

Man, I need to get back to work.


Thanks for the info Bill.

I've had an order in forever to get my original out and a 100% gain at 0.0004. After that it can go anywhere it wants too.

There isn't any minimum that I know of... but since margin is credit (a loan if you use it), they may run a credit check on you, and also may see how long you have been trading or like to see an...

More along the lines, I was saying 1300 levels only if we break out to new highs... when that will be, I don't know, but it seems to be pushing there. Let me get the spot high... hang on... 1032.58,...

Bill -

Do you know the link to scottrade's restricted stock list?

Thanks,

Dave

Man... this PMU channels very well... I bet we could keep trading it based on that.

Regarding new plays, not sure if you folks are watching gold - there are a couple of patterns in play... they are in effect if we can just get a new high.

I'm thinking of taking on a little bit...

SPNGE found support after the pattern failure at it's price support at 0.08.

It really needs to get back into the range of the high volume down candle that broke south of the pennant - if we could...

Awesome play! Congrats!!

I like it!

Out of curiosity, how many shares are out there? The stocks 30 EMA volume is 1.47 billion.