Ooops

Hold off on buying, I'd wait for it to drop to $1.50, what am I talking about? I'm talking about ETFC. I think as soon as the open happens, we're gonna see a big drop, but then a nice float back up. so I'm changing my goal for ETFC.

Current: $1.78
Intra-day Buy Point: $1.50-$1.55

Intra-day Sell Point: $2.10

THIS EVENING

Just got my marketwatch email about the Etrade stock (ETFC), plummeted to $1.78 after hours,

BUY IT IN THE MORNING!!! I hope I have atleast one reader, because that person will be making a killing tomorrow along with myself. 26% drop on a $0.01 miss of the estimated loss is huge, if it was already estimated to lose that much, then it was priced in, and the drop was an over reaction.

Call:

ETFC

Current: $1.78
Intra-day Buy Point: $1.70-$1.80

Intra-day Sell Point: $2.25

It can make it there. Good luck and be sure to wake up bright and early.

You're Laughin'

If you've purchased Bank of America in the last few days, you should be not only up, but up big. The stock has gone up $1.84 since it's low of $7 earlier in the week.

It's up 6.17% since the close yesterday as of this posting, and I would expect to see it close higher, and open higher tomorrow, and close higher tomorrow. Buy now, if you haven't already, and pick up a nice gain for the weekend.

I'm long Bank of America until it reaches $13, and then if you continue to hold you'll have a very nice investment, but I'm looking for large growth stocks in a short period of time.

So once Bank of America reaches the $13 price point, I'll sell and look for the next big growth stock.

Being Long on BAC

Normally, I would like to think of myself as a day trader. With this Bank of America stock, I just can't help but think that I will make a much larger gain if I just hold on to it, rather than buying and selling into other stocks. Not only am I avoiding the fees that I would incur, but I believe that within a few short weeks we could see BAC back at the $15-$17 mark, which is nearly a 70% increase over what it is today, and yesterday it had a low of $7.

So until I am rid of this stock, I'll just give you some little stock alerts, and not too much detail into the company, mainly because you know the one I'm really rooting for is Bank of America :)

My stock pick for today is:

PEPSI, sure I don't like their soda, I'm a coke man myself, but their stock is a winner.

PEP

Current Price: $49.12

Buy Price: $47

Sell Price: $56.5

Time Frame: 1 month

Details: The idea behind this stock is that I'd like to set the Buy price at where Pepsi seems to like to bounce back from, if you look at their charts, $45-$46 is usually where they stop going down in not so good times, and it doesn't look like they drop off any more than that. So whats that mean for an investor? Buying this stock at $47, you may go down a couple points, but shortly thereafter you'll come roaring back, and have a nice 20% gain within a short period of time.

I bought it.

So this morning I pulled the trigger on what I felt was the bottom for the day of Bank of America (BAC). Atleast, I was near the bottom, didn't want to buy and see it go lower, so I bought a few cents off what I believe was the bottom ($9.74), I bought it for $9.86.

Note: Since I started typing I'm up nearly 1%, if it goes like this all day, I might keep writing :)

So here is today's stock pick:

Bank of America (BAC)
Current: $9.93
Intra-day Buy Point: Anything below $10
Intra-day Sell Point: $11.50

EDIT: I'm actually long on BAC, I think it's one of the few banks that, although it got itself in some serious trouble, it can repay the U.S. government, and become a strong banking company, and in the long run is very viable. I didn't type it back in January, but I was long BAC at $5.55, sure it dropped down to half of that value (and I probably would have sold for a loss had I been in the market at the time), but since I don't always take my own advice, that was advice that I did send out in an e-mail to a good friend of mine.

EDIT 9:30EST: 1 minute, and it's down $0.25, should I have seen this coming? probably. but I'm still Long BAC.

Minutes Can Change Everything

Well watching the stock (AIG) from the open, it's done nothing but go down, I feel like right now is not the time for a big AIG push, I sold my stock at $1.68, that was a 9.09% increase over my $1.54 purchase a few days ago. Just wish I'd listened to my alarm clock and woken up an hour earlier, would have gotten a much better deal.

I'm on the hunt for another 10% gain, that's my strategy, finding stocks that I'm reasonably sure will increase in value by 10% within a very short time frame.

The Dead Can Rise

Or so I've heard.

This morning I'll be sticking with what I believe is a living stock. AIG.

So far we're sitting up 1.78% (3 cents), and I'm feeling like today is our day. Instead of going for the long shot of $2.10, I believe this is our new goal.

AIG

Current: $1.72
Intra-day Buy Point: $1.70-$1.72

Intra-day Sell Point: $2

You Win Some

And apparently you lose some, a little bit of ground was lost, specifically around 3 - 5 cents, but thats not too bad, tomorrow is another day, and I'll return with another stock pick in about 7 hours.

Most likely, I'll continue to hold the AIG stock, I expect the good news from Citi will bring another nice sunny day on the stock market, and maybe all the stocks will be winners, heres to hoping we catch the biggest ones of them all.

Goodnight

AIG

Previous Close: $1.60

Close:$1.69

After Market hours: $1.69

edit: I'd just like to note that although the stock went down from the open, it was still up a solid 5.5% from the previous close, and that held through the night, lets not forget the little wins right?

It's GAME TIME!

I'm back in the game ladies and gents, after paying off some bills, and stuff it's time that I get back into trading.

It's 9:20am EST and here is my call for the day

AIG

Current: $1.74
Intra-day Buy Point: $1.73-$1.74

Intra-day Sell Point: $2.10

SAY YES TO THE AIG!