1st.I use a MotoQ smartfone while working and have bad software for it and am VERY limited what i can do with WSS.would appreciate any help.NEXT.I find most of my picks thru a bunch of ways from online to TV.I personally thought the general markets have gotten at or near bottom but I may not be right with the word on the street being that with the US consumer cutback in spending may cause a global recession.I see 2 different views from the oil traders one being a few are starting to get leery that oil might be in for a correction and the others buying $200 calls for later this year.i expect both with the correction soon.

It very difficult to say whats going to happen with the issue on oil, which is a huge catylist to our global recession. Energy is what defines costs in all markets, along with other factors.  It amazes me how a small oil leak in a nigerian pipe, or an oil tanker moving to close to an Iranian coastal guard boat sets off the price per barrel of oil to skyrocket. Saying to be an issue with oil future for supply and demand. low supply high demand means higher price per barrel. Yet, when Saudi Arabia and other top oil producing countries increase output to top the demand oil prices still go up. the USA taps into new oil fields in North Dakota but yet oil prices still climb. Supply and demand my ass. The Greedy oil countries have gotten greedy and are in fear of their exsitence due to the fact many countires are finding alternative sources of energy. Brazil's economy is run from sugar (ethonal), Germany is leaning towards  solar technology, the japanese are porducing economical vehicles on hybrid technology and so on. The world is finally reaching a revolution. A revolution away from greedy Oil, and countries that use it as an economical weapon such as Iran, Russia and the US. Im glad oil has reached new high personally, maybe then can we become independant from it.  Sure would be nice to see the blue sky over Los Angelos.

nice comments Morelli. There are even more factors involving the price of oil. one of the biggest is the value of the american dollar. so hedge fund managers keep their high profit margins have turned to buying oil contracts to flip and take the profits. i would like to see the oil market change to if you bought a contract you have to take delivery. from what i hear that would drop the price of 30-40%. but dont let the US start some crap with Iran, the price of oil would double from what it is within minutes.

I also agree with you morelli about the energy revolution.everything possible needs to be done although some results will take years. the other problem is investment capital isnt deeply involved in some of these alternatives because they wont see quick returns on their money.so if  everyone does all they can to be involved in some type of alternative use it will start showing results in the near future.here in Indiana there is no incentives or laws to help with individual solar or wind credits or tax breaks.there are tons of laws in this state that are outdated and useless.I am in touch with my legislators and there is some small and slow progress to bring Indiana into the 21st century .

I basicly go long with stocks. I do sometimes short but i like to be able to daytrade when i do that.at the present while working i use my fone and WSS doesnt work that well so I try to stay long this way if i want i can set a sell limit.I havent found a way to set a limit or stop to cover a short, they usually go at market.I've been in the coal sector but may be looking for more in the health sector.

i really couldnt find where my one stock position moved that much in the real market.Hey I'll be glad if it did but i think it just aint so.

some stocks are as about as beat up as they can stand.In real money i say BUY but beware.

it is so hard to only be able to set up your buys or sells in the evening. limits help but then I'm just guessing.

I went short today on Midas (MDS). They have an earnings announcement on 7/11, and I cant believe it could be a good one. People driving less should translate to less sales. At least that is what I am banking on.

I dont know MDS but in my opinion its been up slightly and I would , if it was a stock i was interested in , go long. even though some people are driving less their cars need repair. In real$ it might be something to buy to hold for 10 years or so.sorry i dont have the time to check them out more specifically. but at my quick glance online i would go long. for the WSS game you need more volatile stocks.

good luck.

from the info i see your position was 217. real good , considering you've only made 30 trades.

Thanks. With oil prices up, Im probably going to lose some today.

shblanchard:

Thanks. With oil prices up, Im probably going to lose some today.

I would look into buying the oil ETF......US Oil (ticker symbol USO), espeically when the oil prices go down to levels that are worth buying into. That can help you to make some good money when oil goes up. Good luck! 

i glanced at MDS and it had a strong move up early and then settled flat. I dont hold any oil , but a drilling supplier. with as low number of trades you've made some really good picks to be ahead in this bear market. i just cant daytrade most of the time so i cant catch a wave and ride it for a few hours and then take the profits.

BigNeerav, i did have  USO on and off mostly long but got into coal .I see you got MEE .you need to watch the news about it. its appealing a court ruling against it and if the ruling comes out against it it will drop but until then Ride the wave