I do, just without any bells and whistles. The Etrade that is LOL!Originally Posted by billhart22
It sounds to me like you have some common sense.I thought you had E-Trade all ready.
SIRIUS XM SATELLITE RADIO FORUM
I do, just without any bells and whistles. The Etrade that is LOL!It sounds to me like you have some common sense.
If you can get a level 2 that works on pennies for $15 a month, then that is good. I have to pay $29 a month with the wheel. My Scottrade level 2 doesn't work with pinks. It is super dandy though with regular stocks, which I haven't bought in quite a while. I have a penny addiction.
I have banc of America for all my pennies...$7 trade in or out no extra for pennies...but their trading tools are not the best especially for pennies...If you can get a level 2 that works on pennies for $15 a month, then that is good. I have to pay $29 a month with the wheel. My Scottrade level 2 doesn't work with pinks. It is super dandy though with regular stocks, which I haven't bought in quite a while. I have a penny addiction.
Scottrade charges 1/2% on pennies so i wont use them for that.. but I like their tools...The Elite is great...so what i did is put $500 in the account bought a dollar or more stock (lvlt) I will leave it their long term and i get the best of both worlds....plus with Banc of America if you fill put the margin account paperwork you can draw on your money right after your sell order fills with no 3 day settling period on all trades...It works for me.....
I dont get no level 2 on the pennies but we got Bill for that! and He's the Best!
PS Scottrade charges $10 a month for their L2 but if you make enought trades you get a credit...
Last edited by Sworntwofun; 08-12-2009 at 04:42 PM.
Good afternoon everyone. Besides a little peek lastnight I took a break from the computer for 4 days!!! Felt kinda funny. I am working out in the field instead of the office this week and I saw a possible pullback this morning with QASP so I pu in an order for 25K @.039 and I see it filled within the 1st half hour of the market open. Being at a computer and having L2 for pennies seems to be very critical. If I had been here at my desk I could've picked up more shares cheaper it looks like. Oh well, now that I'm in lets roll!!
I was skimming the past posts, did I read a post that said mglg was going to start buying back shares???
Alaska Guy...Niiiiiiiice fish! I love fishing but only get to do alittlle rock (stripped bass) fishing every now and again. Going fishing in Alaska is on my bucket list.
I see I didn't miss anything with mglg or bcle, what a suprise
Welcome ATM to the QASP club!!!! I joined today with 119k shrs!!! I'm hoping I didn't buy in too high and could have gotten in a little lower, but had to wait for my SIRI shrs to sell.
Yeah, the fishing was nice!!!! Going again on Friday, if you make your way up here during the summer, I can help you take that off your bucket list!
See SIRI may be forming another pennant, and continues to hold its support line/elliot wave structure. Not sayin', just sayin'.
The trip to 0.032 could be the "2" in an elliot wave structure, so if the 0.04 price support line holds, you're good (if you believe in those sorts of things).
Last edited by Dr. Dave; 08-12-2009 at 06:11 PM. Reason: too many zeros
Hi Dave!
Would that be the second wave that you are talking about?
Hey Geek,
Welcome to the QASP club! It did o.k. today, but there is not a single reason for it not to take off that I can see.
Go back a few pages to that siri chart - 1,2,3,4,5 is the elliot wave up, A,B,C is the wave down, then 1,2,3 (4 and 5 coming I hope) up again...
But on the pennies its steeper, like on RTGV that me and bass played... I'll chart it out for you later...
its impulse waves - ie. run from 1 to 2 is where the early guys got in like you folks that started at 0.01 to 0.015 - then sell out at the 500% profit you had at 0.05 - then the folks getting accounts cleared (out of other stuff, like Alaska on SIRI, to get money - like there are only so many penny players, and they are moving from one hub board to another) and buying in again at the retractment... but there should (according to theory) be more folks in for the third wave, ie. now its on the radar... so hopefully you can pierce that resistance I was yipping about at 0.06.
I need to get some stuff done, but I should have the RTGV chart already made (from previous... hang on)
ok - 3 mins went buy, in case you are wondering...
If you look at a current chart, you'll see that RTGV went on to complete the 1,2,3,4,5 move, to almost 0.07... not sure what its doing now, cause I cut out on the 3 - whoops, I mean C - those are mislabeled - it should be 1,2,3,4,5 not A,B,C,D,E - so just swap A for 1, etc.
Linda Raschke, a famouse trader usually plays the wave up to 3, safest.
You'll see that the 2, often is a retracement to a breakout from a triangle or channel - likewise, on an ABC down, you'll get the B as a retest of the bottom trendline. It's best if 4 doesn't overlap with 1 on the way up... ie. if you look at the siri chart, you'll see it didn't happen on the first move at the beggining of the year, and so far, the meat of the recent candles, are on par now... that after earnings tail I'm not concerneed about, but a 4 could be placed there, go to stockcharts and read on elliot waves.
I'll post a chart on qasp latere - was busy with my options trades and sleeping otherwise, would have gotten in. if it opens at 0.04 there's an ok chance for my trading tolerance, but I'd rather would have like to have watched today, to get in properly - for the pennies, the candle wicks count a little more due to the fewer folks that trade them (my opinion on that one - no chart is perfect).
As always, its hocus pocus tea leaf reading... but I use it on the chartgame - ie. rashke's play - the 2-3 move.
Last edited by Dr. Dave; 08-12-2009 at 07:43 PM. Reason: clarify
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