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Type: Posts; User: Gumby

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  1. Replies
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    Re: Gumby's Trading Account

    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...
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    Re: Gumby's Trading Account

    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...
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    Re: Gumby's Trading Account

    Just bought some SDS @ $23.25.......
    I'll probably need some luck on this one.:unsure:
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    Re: Gumby's Trading Account

    It has been tough being a bear the last 6 months......ouch.:eek:
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    Re: Gumby's Trading Account

    Stopped out of short LSI @ $5.80....another loser
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    Re: Gumby's Trading Account

    Stopped out of WFC @ $26.25 and AMD @ $8.90.....both losing trades for me.:confused:
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    Re: Gumby's Trading Account

    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...
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    Re: etftalk's Account

    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.
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    Re: Going short today

    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...
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    Going short today

    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
  11. Replies
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    Re: Gumby's Trading Account

    TBT is up like a rocket today. Keep runnin' :bigsmile:
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    Re: Gumby's Trading Account

    I have been holding back but decided to go long UYG @$5.50 this morning.
    Maybe the market has more upward momentum?:eek:
  13. Thread: Rod's Account

    by Gumby
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    Re: Rod's Account

    Cool.....Great job!
  14. Replies
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    Re: Gumby's Trading Account

    Now if I could just figure out when to buy and when to short.:bigsmile:
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    Re: Gumby's Trading Account

    ProShares Launches First ETFs to Provide Triple Exposure to S&P 500

    3 times pain....3 time gain

    More
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    Re: Gumby's Trading Account

    Looks like TBT may be a longer term hold. Sold some way to early. Oh well, profit is good.....more profit even better. :)
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    Re: Gumby's Trading Account

    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:
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    Re: Gumby's Trading Account

    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...
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    Re: Gumby's Trading Account

    OK, this is how much I trust this government induced frenzie. Buy order for FAZ @ $5.00. Will it fill today?
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    Re: Gumby's Trading Account

    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.
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    Re: Uptrend's Account

    There seems to be much hope in this market. Doesn't make sense to me at all.
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    Re: Gumby's Trading Account

    You mean I can't kiss the pigs anymore? Man, I thought smoking was hard to quit.:bigsmile:
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    Re: Gumby's Trading Account

    Looks like my FAZ got stopped out at $8.70.:unsure: I am going to stay away from FAZ for awhile.
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    Re: Gumby's Trading Account

    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...
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    Re: Uptrend's Account

    Good luck...everytime I buy FAZ it seems to go down,
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