Thanks Tom,
I checked this morning after the S&P moved down and the trade was in the money. I put a stop in at $23.46 before the FED released the meeting minutes and SDS was about $23.59. Just...
Type: Posts; User: Gumby
Thanks Tom,
I checked this morning after the S&P moved down and the trade was in the money. I put a stop in at $23.46 before the FED released the meeting minutes and SDS was about $23.59. Just...
I am basically looking at the Gap up this morning get filled this week. It will be a short duration trade.
I think the market is definitely getting ahead of itself.
I was following VXX today...
Just bought some SDS @ $23.25.......
I'll probably need some luck on this one.:unsure:
It has been tough being a bear the last 6 months......ouch.:eek:
Stopped out of short LSI @ $5.80....another loser
Stopped out of WFC @ $26.25 and AMD @ $8.90.....both losing trades for me.:confused:
What is wrong with this? Irrational exhuburance?
Wells Fargo is selling shares at $25 apiece to help repay $25 billion in government bailout funds.
The share price is a 1.9 percent discount from...
That is the bad thing about IRA accounts......they won't let you do margin. I wish they would change the law on that aspect.
I may bow out of the SRS if we have another up day tomorrow. Even with the market up today, my other short positions barely moved in price. I try to look at a 3 to 5% price move for a sale. I do...
Short LSI @ $5.50, WFC @ $25.18, AMD @ $8.62 (Following some of Tim's ideas on Slope of Hope)
Also short previous to today SRS @ $8.45 & $8.65
TBT is up like a rocket today. Keep runnin' :bigsmile:
I have been holding back but decided to go long UYG @$5.50 this morning.
Maybe the market has more upward momentum?:eek:
Cool.....Great job!
Now if I could just figure out when to buy and when to short.:bigsmile:
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Looks like TBT may be a longer term hold. Sold some way to early. Oh well, profit is good.....more profit even better. :)
What a day! I think this market can stay more irrational than I can stay solvent. Nothing fazes this market. Bad news is turned into good.:eek:
Obamanomics and liberal media....what a combo.:sick:
The banks know they will get more money from the FED if needed. The true conditions of the bank's balance sheets are not being reported. If the stress test shows a bank needs more capital, then that...
OK, this is how much I trust this government induced frenzie. Buy order for FAZ @ $5.00. Will it fill today?
OK, couldn't resist. Long FAZ @ $5.90. Atilla is long 150,000 shares.
FAZ is a bad habit for me.:bigsmile:
OK stress test....give me some stress!:eek:
Still holding SDS.
There seems to be much hope in this market. Doesn't make sense to me at all.
You mean I can't kiss the pigs anymore? Man, I thought smoking was hard to quit.:bigsmile:
Looks like my FAZ got stopped out at $8.70.:unsure: I am going to stay away from FAZ for awhile.
justbiz
Been on vacation for a couple weeks. Doc put me in hospital for stress test and just got out day before yesterday. I am doing great!
I haven't had time to read up on the markets....but it...
Good luck...everytime I buy FAZ it seems to go down,