chicoonacrusade's  Instablog

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Just a young investor. Been investing since my teens and now I'm 23. I'm a short term investor mostly but don't mind dabbling in options or ETFs. Disclosure: 350 shares SIRI @ avg .79 42 Feb11 $12 Calls @ avg .297
  • Stocks & Rhythmns 0 comments
    Jan 26, 2011 9:03 PM | about stocks: ATVI, AAPL, QCOM, QQQ, SQQQ, S, BAC, NVDA, SIRI

    1240 AM THURS JAN 27TH    



    ``Welcome to my first post everyone!

       I'm not here to tell you how rich I got off of playing stocks because, well, I didn't.  Up until now, stocks have been a way to hedge my bets against life.  I've played the market with the sole intentions of getting that extra grand and spending it on a 'live fast, die young' early 20s lifestyle.  Fun? Oh yeah!  Sustainable?!

      Since my first trade in 2/2005 (CAMH avg @ 1.40 out at ~2.10) to now, I am up 330%.  Where are those profits?  I'll just tell you there is a good story for every dollar. 

      The reader of this has the privilege of being a critic or an observer. I promise not to give you any catchy market limericks (unless I made them up). I will convince you that market strategies and patterns are the only way to trade.  I promise to not get too personal or too political.  Warning: This may be fun. This is the internet (isn't it?) :) 

       Sometimes I may play 'Devil's Advocate' or I might try to 'Be Frank' but don't flinch, It's just a part of my story. I am an amateur investor.  I hope to one day be able to look back on these posts and see what got me in the mess they call success.  For now I just want to provide a laid back forum for you to respond to my ideas.

    $$$Let's make some money$$$

       Currently,  I own 250 shares of SIRI avg @ .38.  Looking to add (a lot) to that position in the next week leading up to earnings.  This company is going places.  Liberty Management...look them up.  These guys are the same management company that brought DirecTV where it is now.  SIRIUS/XM now has an investor and a potential buyer.  I'll leave you to look up the details ;) . 

      Going to look at ATVI CALLS 10$ Jan 11.  I feel like this is the year this one soars past the frustrating 13 mark it always tops out at.  ~11.25 will be my BP.  15 is my target

      Missed the boat for now on QCOM or NVDA.  Looking for a pullback but I'm afraid it may not be soon.  These two will be green parts of the tech sector.  one word: infrastructure.  five words: Verizon Iphone is CDMA (QCOM made).  

       Still looking for BAC to hit a bottom...seems this one will hit 10-12 in the next month.  Any sign of support I will be pouncing.  Why? This is a consumer bank and this is the year of the consumer.  

      Other stocks I'm lookin' at:  

      S(Sprint), playing the SQQQ and QQQQ,  AAPL, GOOG (short? looking into it).

      Here's what my position screen looks like.  

    Follow me on Twitter @itsjustkoolaid search: #bargaintrader for updates through out the day.  Very active and listenin' to tweets.  



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