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Dinerotrader

Market Wizard
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Posts posted by Dinerotrader

  1. Posted

    I'll keep it simple and not post any of my project toys I have.... and throw in the 'best bang for the buck' sports car out there.

     

    The reason I define the Gran Turismo as a big bang for your buck is that you get huge status props from having a boutique car but the price on a used maserati is fairly low compared to other boutiques like a ferrari or Lambo. If you drive up in a maserati it is a much different reaction than if you drive up in a car that people are used to seeing like a corvette or bmw.

     

    If you want the fastest car for your money, go with a Subaru WRX or Mitsubishi EVO. They don't turn many heads but they are

     

    For the sake of rambling, Porshe makes some amazing cars but they hurt their brand by trying to sell cheap versions of their really nice stuff. They need to decide if they want to be a boutique brand or a luxury brand with the likes of BWM, Lexus, and Audi. I saw a Porshe GT2 yesterday downtown and the engine sounded amazing. That car's sticker is $180,000. See pic below.

    attachment.php?attachmentid=17857&stc=1&d=1263594905

     

    The Porshe Carerra is only $80,000 - see pic below

    attachment.php?attachmentid=17858&stc=1&d=1263594905

     

    Most average people can't tell the difference. IMO, when you spend $200k for a car, you don't want people thinking you only spent $80k on it. Those are in 2 different leagues.

    5aa70fa713184_1-15-20107.png.85b69428bcf869f9c68b64392a2ae2dd.png

    5aa70fa71ac2c_1-15-20108.png.d5782e72d01d5532d96c0fd25cfe528d.png

  7. Posted

    When it comes to stocks, I am mostly "long only," and if I short, it is usually by being long puts. I look for stocks breaking to new highs, preferably all time highs. I do like to buy pullbacks to prior breakout levels as well.

     

    Best Wishes,

     

    Thales

     

    Thanks for the thoughts. I'll try to find a stock scanner to look for all time high price makers. I've been messing around with finviz.com to see if I can get it to do what I want but it isn't as user friendly as I was hoping or maybe I am just slow. Probably the later.

  9. Posted

    HWD

     

    Diamonds I would think are going to make a come back as the economy recovers. Last I heard women still liked them. Just barely broke out of resistence and got a way before it touches the upper trendline. I'm a buyer with stop below the lower trendline.

     

     

    attachment.php?attachmentid=17394&stc=1&d=1262891864

     

    Complete reversal at trendline touch. I bailed out with a 6.8% gain. Might get a nice reversal off the support line now.

     

    attachment.php?attachmentid=17703&stc=1&d=1263402964

    5aa70fa2a3d75_1-13-20101.thumb.png.49818fd5d86ce8799cd394180f81a02e.png

  14. Posted

    1/11/09: +487

     

    Natural gas decided to break major support so I had to take the hit. Great R/R on it so it was the right trade but it didn't work out. Oil looked choppy enough that I decided that I should trail a little closer today but hindsight is telling me otherwise. Good day though for me especially since it seemed like everything was in slowmo for a while. Corn made the move I was expecting but I was moving so slow I had to cut it short. Had to quit at 11:00 ET.

     

    Nice trading Subterfuge!

     

    SIM results

    attachment.php?attachmentid=17564&stc=1&d=1263225777

    5aa70f9e9b4eb_1-11-20101.png.eb9ae52d8887411823723af8561ed617.png

  15. Posted

    Corn - ZC

    1/10/10

     

    Price is right near resistance and its had a couple tries to breakthough without success. Monday might be a good day for the bulls to finally give in and let this thing go. Not sure if the extreme cold weather is keeping prices up right now. I wish I had some fundamental understanding of the grains futures price changes just so I understood the big picture a little more.

     

    attachment.php?attachmentid=17547&stc=1&d=1263174978

    5aa70f9e35bba_SNAG-1-10-201002.thumb.png.e69fed67a1311ef3a3f599f242e23f0e.png

  16. Posted

    B4 I die I will own one of these. :)

     

    Gabe

     

    I have gone back and forth between the continental and the gran turismo several times. Bentley makes some classy stuff. Nice choice.

  18. Posted

    That Maserati is sweet...can I fit a baby seat in there? :cool:

     

    This would be the weekend/"date with the wife" driver. I'll let me kids look at it from a safe 15' feet away. I've cleaned underneath my kids car seats before and really......I don't think so in the Maserati.:)

  20. Posted

    Actually, I talk about this a lot here in the thread, impulse/thrust/expansion/trending versus corrective/overlapping/contraction/chop zone.

     

    The market moves impulsively, expanding its range until it reaches a level at which S/R exists, or at which S/R is being established. You want to trade those moves.

     

    After such moves, price will typically consolidate, the range contracts.

     

    Ideally you play golf, sleep, play with your children during periods of range contraction and you trade during periods of range expansion.

     

    Recognizing a period of rest or contraction is the dificulty, and that is where the notion of a chop zone is helpful. Once the market establishes a high and low of a short term range, and then pivots a lower high and a higher low without breaking the high or low of the range, it is time to stop trading and take your cues from the high and low of the range.

     

    So, you see, I really do speak of this often: impulse/thrust/expansion/trending versus corrective/overlapping/contraction/chop zone. You just have to put it all together.

     

    Best Wishes,

     

    Thales

     

    I guess you do, I am just slow to put it all together and I hadn't seen you post a chart with such compelling range expansion notes before so it opened my eyes to the significance. Thanks.

  22. Posted · Edited by Dinerotrader
    picture requirement added

    Well, since this forum is mostly full of guys and I didn't see a thread about cars, I figured I better start one. I bought and sold cars with dealers for a small part of my career and am still partial involved with the car business.

     

    I look at cars often from a biggest bang for my buck situation and as such my current dream car is the 2008 Maserati Gran Turismo (see pic below). Maserati's depreciate very fast so I am planning on buying a 2008 in a couple years for around ~$50k. We'll see if it happens.

     

    What is your attainable dream car if you end up making some good money with trading as we all hope to do or as some have already done?

     

    Including a picture is a requirement for posting here. :)

     

    attachment.php?attachmentid=17517&stc=1&d=1263060720

    5aa70f9d26664_1-9-20104.jpg.0ac59ce29224999819f0a7be6ff85d7c.jpg

  23. Posted

    Does anyone else use this type of analysis to find trades? It seems like pretty elementry technical analysis but it has a simplicity that I really like. I really need to work on how to manage the exits on these. Right now I am up on every single trade I entered and am holding from this thread. I could simply trail at all natural stops (last pullback pivots) or set some proft target based on the expected range which would be derived from the range of the past year or less. Not sure yet.

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