I had promised that I was going to start my own thread regarding stock investments and the markets. So many things have happened since last time I was here and I really do not feel like sharing my knowledge. But a promise is a promise and there have been few people that have emailed me and supported me.

This thread will deal with investing in the stock markets. I will not discuss individual stocks but discuss ETFs like SPY, DIA, IWM and QQQQ. The one good thing about trading ETFs compared to individual stocks is the the ETFs provide instant diversification among similar companies within the same sector.

I will post more as we go along, regarding entry-price, profit-target and stop-losses. I do not think that any ETF is good or bad. It is good only if I'm making money and bad if I'm losig money.

If you have not been in the market so far, please read this as an information piece only rather than my recommendations. There is risk involved and you should know how much risk to take on any position.

Any suggestations, comments and criticisms are welcome as long as it is market related. If this thread gets out of hand and we start discussing off-topics, I'll stop posting.

Have a happy new year!!!! May 2007 bring you and your family lots of joys and riches.

bye nepali kai

and just a departing post to Mr.EminiTrader and every other investor of all age and experience reading this post ,

Here is my Investing Strategy for everyone:

1. Not Listening to any one when it comes to investing , Its Your money and you should decide how would you like to invest it , no one will be there to comfort you if you lose money following all the investing PICKS...

2.Buy the Book , INTELLIGENT INVESTOR by BENJAMIN GRAHAM , and read every word of it from PAGE 1 till the end ,

3. Apply principles described by graham , and you will see plenty of stocks that will make you money and HAPPY , INVESTING Is an ART , not a gambling exercise ,

4. control your worst enemy , YOURSELF , no one can destruct yourself more than you , so control your urge to react to every piece of investment advice , recieved from HIGH END Personality like JAMES J. Cramer (MAD MONEY) to GURUS of this posts ,

HAVE A WONDERFUL INVESTING FUTURE , Sayonara.....

Dow making a new high but the Nasdaq is taking on the chin. Time to reduce Tech positions.

Eminitrader Ji,

very rational a thot. I agree... Go cat skinning on Nasdaq while do not speculate too much on DOW either...

I personally feel that numbers are too high. For both of em.

-B

I need three value stocks. Under 5, are currently in red, not too deep, but are likely to come out black soon.

Any help appreciated.

Check out www.stockfetcher.com. You can scan for stocks based on several technical criterias.

Market's bleeding today... where is emini?

Is the time to buy?

Hey marketwatch: I sold my tech positions yesterday and today. I had posted yesterday that I was going to cut down on techs. I do not feel comfortable buying here. I will like to see the market finding support somewhere before I buy it. I'm staying on the sidelines. There are two things that worries me. First, the Nasdaq and Russell underperforming the Dow and S&P. Secondly, the numbers that came out today was good but the market was unable to make any type of upwards move. We can potentially see a go-nowhere market for another month before it takes off. Right now the risk/reward does not favor being long this market.

Look at IBM after-hours, the numbers that came out were good but the stock is getting killed.

Good Luck and if you are using a strategy that is making money for you, just follow that. My type of trading/investing will not work for everyone.

hmm..i figured.

I'm looking at RPRX. It should it it's support in a few days and go back up again. Biotech stock with good news.

But like emini said, the markets aren't just in the bullish mode.

......thread's kinda dead.......

What do you guys think of healthcare sector?

Particularly, large pharmaceuticals?

And even particularly, Wyeth and Novartis?

riten, a recent decision by Pfizer to cut 10,000 jobs world wide answers your query.

This market is direction-less. I am staying on sidelines right now. Will post again when the opportunity arises.

Stay away from Big pharma. Democrats want to be able to directly negotiate with them for Medicare. Can't make money that way.

aa hoo!

the thread is kinda on low-gear mode... Hai na is it not the time to get into long-term stakes?

Let me know if you all think the same?

-B

eminitrader, can you post your trading journal so far for 2006 and 2007?

Today's announcement of 10,000 jobs cut in Pfizer does not seem to have made much of an impact on its stocks. What gives? If anything, I would've thought that this layoff would boost the stock price as the investors would see that the company is making positive moves towards being competitive. Maybe it is too soon to tell.

With P/E ratio of only 16, I would say Pfizer stocks are on sale. So is Wyeth with P/E ratio of 18. And according to Motly Fool report, Novartis has good number of drugs in the pipeline. Its P/E ratio is 20.

What do you say? Should I buy some of these stocks?

Bhunte: Not sure what you mean, do you want me to post eveything from 2006 and 2007? It'll be a lot of work and I'm not sure if I want to put everything online. But if you have any specific questions, I'll be glad to answer.

Emini, the title of this thread is "making money with eminitrader". It would be convincing and relevant to post the trading journal so that people will know how you made money in the past. What i meant by saying the trading journal is that what financial instruments you got into or out (time tagged) and your P/L at each moment of trading. It is nothing but a logbook that your brokers post for accounting purpose. Since you are anonymous, i don't think that is a problem to post the trading logs. Thats the way to establish some sort of credibility in most trading forums by a poster.

riten, you are looking only P/E. That alone is not good indicator for your buy/sell/hold decision. Look for other parameters or criteria.

Well I had done that (posted the blotter) in the past and people were asking why I was showing off. So I decided to discuss strategies only. If you go through my previous posts, you might find it here.