09/08/10
09/07/10
09/06/10
09/02/10
09/01/10
08/31/10
08/30/10
08/27/10
08/26/10
08/25/10
08/24/10
08/23/10
08/20/10
08/19/10
08/18/10
08/17/10
08/16/10
08/13/10
08/12/10
08/11/10
08/10/10
08/09/10
08/06/10
08/05/10
08/04/10
08/03/10
08/02/10
07/30/10
07/29/10
07/28/10
07/27/10
07/26/10
07/23/10
07/22/10
07/21/10
07/20/10
07/19/10
07/16/10
07/15/10
07/14/10
07/13/10
07/12/10
07/09/10
07/08/10
07/07/10
07/06/10
07/05/10
07/01/10
06/30/10
06/29/10
06/28/10
06/25/10
06/24/10
06/23/10
06/22/10
06/21/10
06/18/10
06/17/10
06/16/10
06/15/10
06/14/10
06/11/10
|
StockVision
Chat Blogs
Chat
is taken from the
live forum in our
stock screening
software which you
can download
and try for FREE.
Forum date: 06-10-10
JayBird [1:27]: Tomorrow morning, three economic reports are scheduled to be released before the open. 1) Initial Claims (Consensus 450K), 2) Continuing Claims (Consensus 4600K), 3) Trade Balance (Consensus -$41.3B)
Tomorrow before the open look for the following companies to report: APWR, CRAI, DLM, LULU, NOOF, NOA, and SCHS.
LEECO [7:41]: Good Morning JB-Stocks in Europe mostly up, Euro up against the dollar, DOW utures up 80 about 06:45
hz [9:13]: test
rw [9:13]: test
TraderBob [9:14]: Hi all. Hope today is a good one.
LEECO [9:14]: Where are all the posters
rw [9:14]: Morning Leeco Trader Bob hz and Jaybird
LEECO [9:18]: morning rw,hz & I have TraderBob sitting next to me in person right now
rw [9:18]: Yes I recall TraderBob: Welcome - TraderBob Glad you are here - and with Colonel Leeco
Willie2 [9:20]: We havent heard from TraderBob for some time Did you give up on us???
rw [9:20]: Been a long time Willie2
rw [9:20]: Let us know how you are, from time to time, Trader Bob
Willie2 [9:21]: Tell us Bob does Leeco realy have tomatoes the size of cantilope ?? LOL
rw [9:21]: I like PM for today ------should be good for 1% ---but be sure the MA cross before getting in
rw [9:22]: I had heard "watermelons" - sure is big for a tomato
TraderBob [9:22]: No, Willie just busy
rw [9:22]: We need to see a picture of those tomators
rw [9:23]: leeco needs a webcamera so he can show us pictures -
TraderBob [9:23]: Yes. Leeco has quite a garden. Yes the tomatoes are nuclear size.
rw [9:23]: I figured so.
Willie2 [9:23]: LOL
Hank [9:24]: morning all
rw [9:24]: Morning Hank
LEECO [9:24]: SB reigns Some Bull
LEECO [9:24]: what happened to early posts-I know nester wasway
Hank [9:24]: rw morning
rw [9:25]: Not sure leeco
knight [9:25]: good morning
rw [9:25]: Morning Dr. Knight
knight [9:25]: it's look again my FAZ short is the good move again
knight [9:26]: against nester and kotorak
LEECO [9:26]: morning hank & knight looks like big up opening
Hank [9:26]: LEECO, morning
ortrade [9:26]: good morning
LEECO [9:26]: morning ortrade
knight [9:26]: not bad at all 100 % of my pick this week are winner
Hank [9:27]: ortrade, morning
knight [9:27]: ma driver will hide in some hole somewhere waiting for a shorty market
ortrade [9:28]: Hank, Leeco good morning
madriver [9:28]: good morning all
Mckoan [9:28]: Still long MDRX @ 17.10 from yesterday. Today SNE @ limit of 27.91 long since the market should open higher and SNE is one of the GAP down stocks this morning.
Willie2 [9:29]: Knight Morning are you shorting more FAZ today?
knight [9:29]: yes
knight [9:29]: target 15
knight [9:29]: still short from 17,85
LEECO [9:30]: knight please don't start feuding with madriver-he agreed to be nice ysterday
Willie2 [9:30]: Ill be buying FAZ puts this am
knight [9:30]: FAZ is a pure speculative stock with a lot of emotion = easy trade
madriver [9:30]: Leeco....I have him on ignore...don't worry
madriver [9:30]: Hey....does anyone know what happened to Andrew?
rw [9:31]: Morning madriver
knight [9:31]: don't have time for that LEECO - anyway it's a mad man
ortrade [9:31]: Nasdaq has not probed yet the 2/05/2010 significant low. the intraday pattern till now has been morning utn and reversal.. critical times not for market breakout/breakdowns 10am and 1pm.
rw [9:31]: Andrew is sometimes a little late
LEECO [9:31]: morning madriver, ortrade, Mckoan
madriver [9:32]: morning leeco....
ortrade [9:33]: I expect investors starting to pile up but will be succesfull only after 2/05/2010 level on Nasdaq is probed. To recap from yesterday.. Morning action I believe is investor and bozos.. harder to trade morning pullbacks and after 1pm action is hedgies.
madriver [9:33]: Leeco...do you know what happened to Andrew? Have not seen him lately?
knight [9:34]: wow the market is exploding confirming the bull action again
rw [9:34]: Andrew was here all day yesterday
knight [9:35]: ... i like to see more traction in this market to remove the euro problem
madriver [9:35]: I came in later in the day so I must of missed it
Hank [9:35]: BP 37.44/31.82= 5.62 15% 06/03 cover
knight [9:35]: we need to have a clear signal to shorty with a Dow with + 300
LEECO [9:36]: Mad-last I saw on Andrew was yesterday??
madriver [9:36]: nice one hank
madriver [9:37]: I wanted to make that BP trade but never did
knight [9:37]: A/D ratio is pretty nice + 12
Hank [9:37]: ty maddriver, sat on that waiting.
knight [9:38]: take profit from TZA 8.5 to 7.66 part 2
knight [9:39]: take profit from FAZ 17.85 to 16.1 part 4
knight [9:42]: take profit solf 6,8 to 7,46 part 1
knight [9:43]: take profit FAS 20.15 to 21,56 part 4
knight [9:44]: take profit peix .73 to .80 part 1
knight [9:46]: take profit RDN 7,85 to 8,55 part 2
Hank [9:47]: FAZ 16.00
knight [9:47]: WILL the dow hit +300 today ?????
jim [9:48]: FAZ L 16.09
truth [9:49]: pump
knight [9:49]: take profit from FAZ 17.8 to 16.01 part 5
rw [9:49]: wag watcjer
rw [9:49]: WAG
madriver [9:50]: I think we go over 225 then pull back abit
knight [9:50]: it's look a sign the market is turning up again - let see...
knight [9:51]: if so FAZ target 13-14 RANGE AND fas 25
madriver [9:51]: I liked HERO this morning
madriver [9:54]: hi andrew
Andrew [9:54]: Good morning.
Andrew [9:54]: Wow, huge gap up
Andrew [9:55]: long FAZ 15.91
knight [9:55]: WE GETTING TOWARD DOW +300 - THE MARKET UP TURN
rw [9:55]: I bet Karen is glad she sold the 3,000 shares of FAZ at even the other day........
Andrew [9:56]: tripled up on FAZ 15.96
knight [9:57]: FAZ WILL CONTINUE DOWN
Mckoan [9:57]: Missed entering SNE with my limit order. Prpbably should just sell or buy based on the open. SNE is starting off the day well. Market is up today in celebration of the Blackhawks championship last night.
Andrew [9:57]: S&P is very close to a downward sloping trendline connecting the highs from 5/13 and 6/3
Iswing64 [9:57]: Buy to open faz june 16 puts @ market
Andrew [9:58]: The financials weren't able to make it past yesterday's highs yet either.
madriver [10:00]: in addition there was some very negative news on financials....mostly commentary type news so we'll see. Alot of analysts think if GS get and hold 140 that would be good news for financials.......
Andrew [10:00]: added to FAZ 15.82
madriver [10:01]: TZA at 7.50
knight [10:01]: HERE WE GO DOW +300 ... IS COMING TRUE TO CONFIRM THE REVERSAL
Andrew [10:02]: I'd be surprised if we don't have a pullback soon.
knight [10:02]: take profit from FAZ 17.75 to 16.82 part 6
knight [10:02]: take profit from FAZ 17.75 to 15.82 part 6
knight [10:03]: VERY EASY $$$ AGAIN WITH FAZ & FAS
knight [10:03]: take profit from FAS 20 to 21.85 part 5
Andrew [10:04]: added to FAZ 15.96
knight [10:05]: fBP .90
knight [10:05]: I LOAD THE BOAT
knight [10:07]: ADD FBP .88
madriver [10:07]: i agree with knight on that one...first one ever..FBP
madriver [10:07]: that one has hit the floor
Andrew [10:07]: How can you tell?
madriver [10:08]: tell?
rw [10:08]: Dr. Knight I think it is amazing that you started shorting FAZ at 17.95 and made this much money.....Congratulations....I wish I had done the same - obviously fewer shares
Andrew [10:08]: What signs are you guys seeing that it could be a good buy?
Andrew [10:09]: I'd like to try to get better at oversold plays and picking bottoms.
madriver [10:09]: I don't really see any great technicals that's for sure
madriver [10:09]: more or less bottom picking
jim [10:10]: agree with MAD it is a good low risk bottom pick
Willie2 [10:10]: the most it can possiably drop is .89 cents
rw [10:11]: what about WAG
madriver [10:11]: andrew,,,,you're a straight technical guy.....I see nothing
Andrew [10:11]: HOG looks interesting. It might make another attempt at its 200-day moving average shortly.
Andrew [10:11]: long HOG 27.06
knight [10:11]: FBP is overshort , they will have to cover - so might have a easy .50 in the bucket
jim [10:12]: RW I think the whole walgreen CVS thing is going to continue to hurt WAG I would hold off
rw [10:12]: thanks JIM>.......I agree......I have been in several times for small profits.....You are right
Andrew [10:12]: HOG came through traps a few minutes ago showing intense buying
Andrew [10:14]: added to HOG 27.10
madriver [10:14]: how much more short can you get out of a .88 cent stock...good point knight
Andrew [10:14]: You could still make a ton of money if you short a lot of shares.
Andrew [10:15]: If it drops 5 cents it's a 6% gain
madriver [10:15]: although i can't imagine why anyone would be short that stock now...so it may go up??
ortrade [10:15]: my watchlist for shorts today TIF MOT BBY and HD
Andrew [10:15]: Probably mostly only people who think it could go out of business
Andrew [10:15]: It's showing a ton of relative weakness today too on a +200 day in the market.
madriver [10:15]: andrew.... i personally would load up on any stock
Andrew [10:16]: It'd definitely not anything I'd short (or buy) either.
knight [10:16]: shorty are very more emotionnal than long. the panic covering is more quick
Andrew [10:16]: It's
madriver [10:17]: i see why
Andrew [10:18]: I'm not liking this continued pullback in HOG, though it's on relatively light volume
knight [10:18]: look what i just said with FBP
Hank [10:18]: FAF 12.70 short
ortrade [10:18]: I assmue the current pullback on TIF BBY is not yet the pull back..
dirty_al [10:19]: question andrew: does faz go up if euro goes down against the $?
knight [10:19]: faz will continue down
dirty_al [10:19]: on daily action
Andrew [10:20]: Yes
Andrew [10:20]: out 1/4th FAZ +1.3%
Andrew [10:20]: 1/5th actually
Andrew [10:21]: HOG finally looks like it's attempting a stronger bounce
dirty_al [10:21]: hi knight, why would faz go down if euro is probably at high on the trading range?
LEECO [10:21]: Isn't DDM bull ETF in SV realm of stocks?
Andrew [10:21]: The financials are showing some relative weakness today in my opinion.
Andrew [10:22]: emphasis on relative
dirty_al [10:22]: i think so leeco
madriver [10:22]: DDM must be a bull?
Andrew [10:22]: yes it is bull Dow x2
knight [10:23]: FAZ is 3x bear financial and financial are getting better worldwide whatever euro - so bear will go down on the long run
dirty_al [10:23]: gotcha
Andrew [10:24]: out half HOG no gain/loss
Andrew [10:24]: The market doesn't seem to be helping HOG at the moment
knight [10:24]: MM try to make us believe we still are in recession to push the market down hammering the market with the euro debt (greek)
madriver [10:25]: I think HOG is having some labor issues......don't know if that is hurting the stock
Andrew [10:25]: I liked the buying volume in it near 10am - possibly some short covering
knight [10:26]: why do think the do that .... to full their pocket with your money again and again UP Down Up Down = a lot movement and a lot of trading fee direct for them
Andrew [10:26]: It's struggling to get back above its 200-day moving avg. though at the moment
Andrew [10:26]: added back to HOG 26.96
madriver [10:27]: knight.....why do you care if you're making money...that's what it's all about?
knight [10:27]: let see if the up move will confirm the market reversal...
Andrew [10:29]: out another 1/5th FAZ +1.2%
Hank [10:30]: FAF 12.70/12.42= .28 cover 2%
ortrade [10:31]: FAZ 200s@16.06$pe
Andrew [10:31]: long UNG 7.96
Andrew [10:34]: added to UNG 8.00
ortrade [10:36]: I'll be wating for TIF MOT BBY and HD to come back to the whole/half number levels before consider shorting..
Andrew [10:36]: added to HOG 26.79
Andrew [10:37]: added back to FAZ 16.02
Andrew [10:38]: added to FAZ 16.08
Hank [10:38]: BP 32.77
madriver [10:38]: andrew or anyone else...have you been more profitable just trading ETF's lately then you were with stocks.
Andrew [10:38]: Recently yes. In most of 2009, no.
Andrew [10:40]: added to HOG 26.70
Andrew [10:42]: out UNG +1%
Andrew [10:42]: from Traps tab
Andrew [10:43]: out half HOG tiny loss
ortrade [10:45]: TLBI 200@12.12$pe
ortrade [10:45]: correction TLB
Andrew [10:46]: I'm hoping with HOG the buying programs are just waiting for the 20-period moving avg. to catch up or something like that.
Andrew [10:47]: If it goes below 26.58 or so I'm out.
Andrew [10:48]: I'll buy some more above 26.90
Hank [10:50]: FITB 12.99
ortrade [10:50]: Hedge funds took the morning bait in shorting the 10am and are not willing to let go without a fight.. I belive they took the bait due to the large morning gap up..
Andrew [10:51]: Or the opposite, people will get caught buying into a huge gap up in the first half hour and we'll close the day a lot lower.
Andrew [10:51]: The new jobless claims actually came in worse than expected.
rw [10:52]: faf 12,50 late post
Andrew [10:56]: In retrospect I should have kept half of my UNG a bit longer.
Andrew [10:56]: Or just put in a buy stop to get back in above 8.09
rko [10:57]: Is TDAmeritrade frozen again?
ortrade [10:57]: Exit FAZ +2$pe
Andrew [10:57]: Yeah, it's been kind of flakey all week.
ortrade [10:58]: FAZ 200@16.09$pe
rko [10:58]: I need a new on-line broker... any suggestions?
ortrade [10:59]: Interestinfly the indexes settled on a truly narrow range..
Willie2 [10:59]: I like E Trade Pro
Andrew [11:00]: Interactive Brokers or Lightspeed if you want to pay per share. Sogotrade or OptionsHouse if you want a bare-bones web-based broker with cheap commissions.
Andrew [11:01]: long SPWRA 12.28
jim [11:01]: apwr watcher
rw [11:02]: apwr looks good on HG chart Jim...
rw [11:02]: I am leaving or would buy
Andrew [11:02]: out half FAZ -0.2%
Andrew [11:03]: added to SPWRA 12.30
rko [11:03]: Thanks.
Treacherous_Cretin [11:04]: missed the open
Treacherous_Cretin [11:04]: still have FAZ short and MON long from hold over last night
Andrew [11:05]: MON's really been struggling with its 10-day moving avg. I wonder if today will be the day.
Treacherous_Cretin [11:05]: Probably not Andrew
Treacherous_Cretin [11:05]: MON is a bloated pig fart
Andrew [11:05]: added back to FAZ 15.87
Treacherous_Cretin [11:06]: the buyback could give it a boost, but will likely go to 30's when downtrend of market accelerates
Andrew [11:06]: There's a really annoying seller holding down HOG
ortrade [11:06]: Exit FAZ -46$pe
Andrew [11:06]: It looks poised to pop but can't get going.
Treacherous_Cretin [11:07]: I would not look for breakouts in this market
Treacherous_Cretin [11:07]: typical gap up for MMs to unload the shares they are stuck with
Andrew [11:07]: short AONE 7.90
Andrew [11:09]: added to HOG 26.67
Hoecake [11:10]: Morning everyone, why are we up so much today?
Treacherous_Cretin [11:10]: fake good news from european central bank
Hoecake [11:11]: gotcha
Andrew [11:11]: added to AONE short 8.02
Treacherous_Cretin [11:11]: fake good news on jobs
Andrew [11:12]: out HOG -0.9%
Andrew [11:12]: out SPWRA +1%
Treacherous_Cretin [11:12]: ongoing claims plummet to 17 month low. Has nothing to do with jobs created. Over 1 million have quit looking and claiming recently
Treacherous_Cretin [11:13]: This is just an organized event to blowtorch some shorts
Andrew [11:13]: added to FAZ 15.80
Andrew [11:13]: added to FAZ 15.82
Andrew [11:14]: out AONE -1%
Treacherous_Cretin [11:15]: I think FAZ may put in a new low of day soon Andrew. which is why I did not cover yet
ortrade [11:15]: FCN 200s@43.04$pe
Andrew [11:16]: I'm looking for a double top in XLF about here
Andrew [11:17]: Things are looking pretty overbought again yet the market wasn't able to make a higher high yet.
Treacherous_Cretin [11:17]: we'll see. Have stops on FAZ and MON now to protect gains
Treacherous_Cretin [11:17]: Mon looks like it could test high of day
ortrade [11:18]: BBBY breaking out of range.
Andrew [11:18]: UNG's a strange one today
Andrew [11:19]: back in UNG 8.08
123 [11:19]: anyone using ameritrade data feed my chart for erx locked not updating other stuff seems to be updating.....you may not be getting correct data
Treacherous_Cretin [11:19]: ticks increasing
ortrade [11:19]: the first most important quality of a trader is patience..lol..
Treacherous_Cretin [11:19]: if we get a 1000+ tick I will exit both trades
knight [11:19]: seed is a go again leeco
Andrew [11:19]: Yeah its data has been flakey today 123
Andrew [11:19]: most of this week actually as well
knight [11:20]: might take 1 $ today
123 [11:20]: been noticing bad and drasticaly delayed data for months
ortrade [11:22]: those who are not patient take off and then market moves.. It happened yesterday.. I stayed onboard and made +776$pe.. patience pays off..
Hank [11:23]: FITB 12.99/13.19= .20 1.6%
knight [11:25]: SEED will probably get 1 $ today
Andrew [11:25]: Good job ortrade
knight [11:26]: check with the spike up and the quick volume
Hank [11:27]: PCYC 6.13
rko [11:28]: EURO rally seems to be losing steam
ortrade [11:28]: Thanks Andrew.. Try not to skip my early morning 30-40min run. When I skip it I get impatient, take hasty entries or take off during longer sideways..
knight [11:28]: FBP look ready to explode up
fwguyus [11:32]: hey all any thoughts on
fwguyus [11:32]: ooops...SOLF
ortrade [11:35]: SOLF is likely a good short at 1.03pm.
ortrade [11:35]: given it is in a mild utn till then..lol..
fwguyus [11:36]: SOLF has past its last Hi Low, so i dont know, i may make a huge move up
123 [11:36]: erx energy long etf is selling off....energy is what ran market up so expect market to fall hard by end of day....ameritrade still locked up for erx here but i also use other feeds
ortrade [11:37]: best is just we wait and see. I will give another estimate at 1.02am
fwguyus [11:37]: kool
ortrade [11:39]: SKF 200s@16.56$pe
Hank [11:39]: PCYC 6.13/6.25= .12 2%
ortrade [11:40]: Hank, you are rocking today..
Andrew [11:40]: added to UNG 8.02
Hank [11:40]: ortrade, had a few days off again and trying to get into the game again. ty.
ortrade [11:42]: CAT 200s@12.18$pe
Hank [11:42]: PCYC was on traps and buy volume surge
ortrade [11:42]: nice
Andrew [11:45]: out UNG tiny loss
ortrade [11:46]: AVT 200s@26.03$pe
Hank [11:46]: MNKD 5.97
ortrade [11:50]: DAL 200s@13.40$pe
ortrade [11:53]: NDN 200@13.55$pe
PA [11:55]: Hi every body , reviewing your posts to see what is happening
ortrade [11:56]: Exit DAL -18$pe
knight [11:57]: take profit from FBP - .88 to .99 part 1
Hank [11:57]: MNKD 5.97/6.08= .11 2%
knight [11:58]: FBP look ready for a rally on shorty covering
ortrade [11:58]: FAZ 200s@15.93$pe
knight [11:59]: SEED look ready to explode again
rw [12:00]: test
Hank [12:01]: MNKD 6.01
Andrew [12:08]: out 1/5th FAZ +1.8%
Andrew [12:08]: out another 1/5th FAZ +2.3%
Andrew [12:09]: out another 1/5th FAZ +2.2%
ortrade [12:09]: Exit FAZ -70$pe
ortrade [12:09]: FAZ 400@16.27$pe
Andrew [12:09]: I think I'll try and hold the rest for a little while longer.
ortrade [12:10]: Exit TLB no gain loss
Andrew [12:10]: I don't think I'm going to take any new positions near these levels though.
Andrew [12:11]: SOLF is looking pretty nice here with a tight stop.
Andrew [12:13]: like an entry near 7.41 with a stop at 7.37
ortrade [12:13]: PENN 200s@25.79$pe
Andrew [12:13]: Where have all the buyers gone?
jim [12:16]: solf may be turning down
Andrew [12:17]: added back to FAZ 16.09
ortrade [12:17]: DJI try to bounce of 40 MA on 5min chart.
Andrew [12:19]: added to FAZ 16.12
Andrew [12:21]: added to FAZ 16.02
PA [12:22]: Long FAZ 500*16.01
Andrew [12:22]: I'm back in my full position of FAZ with an avg. price around 16.00
ortrade [12:25]: Exit NDN -7$pe
Andrew [12:25]: short MNKD 6.06
Andrew [12:26]: Good risk-reward with MNKD with a downward sloping trend-line, but chances of success aren't too good b/c it's been so strong today.
Hank [12:28]: Andrew MNKD hope you realize this may some day go to 600.00 and thats easy $$$$$ lol
Hank [12:28]: Dont hold your breath.
Andrew [12:29]: There is a high possibilty of a continued short squeeze today.
Hank [12:30]: Andrew, all I want is my 2% or .10 cents. dont care where it goes from that.
Andrew [12:30]: I don't really care what it does outside of the next 10 minutes or so, lol
Andrew [12:30]: I don't think it will reach 600 in a few minutes
ortrade [12:31]: SOLF is going up as I thought.. market likely to reverse only after 1.02pm.
Hank [12:31]: Andrew, as long as your buying tea and biscuits for all
knight [12:31]: FBP is crossing over for a buy zone
Andrew [12:32]: added to FAZ 15.92
knight [12:32]: FAz is continuing his journey in the down zone to go lower again
Andrew [12:33]: Yeah lots of buyers in the financials the past 25 minutes.
Andrew [12:33]: out half FAZ tiny loss
rw [12:33]: I have all the stocks on FAZ FAS on one screen and the bid is mostly green meaning FAS going up FAZ going down..........not a bad way to watch them
Andrew [12:34]: Good idea rw
Andrew [12:34]: added to FAZ 16.01
ortrade [12:34]: I am trading from software now so cannot add to FAZ Now I would double on FAZ..lol..
Willie2 [12:36]: RW what are the main stocks in FAZ/FAS ? thanks
Andrew [12:36]: added to FAZ 16.08
rw [12:36]: Here they are Willie:
rw [12:37]: bac jpm wfc c gs usb axp v ms bk pnc pru trv met afl faz fas
ortrade [12:37]: BBBY 200s@43.96$pe (dont have courage with real money as it is still PE strategy) darn
Andrew [12:37]: added to MNKD short 6.06
Hank [12:38]: MNKD 6.01/6.07= ,06 1%
ortrade [12:38]: I hate when moves take place prematurely before the spech news kick in.. nasty
rw [12:39]: HG chart shows more upside for MNKD
Andrew [12:39]: Most likely
Andrew [12:39]: If not though, the down move could be large.
rw [12:39]: I do not say that to bother you Andrew - just what I see
Andrew [12:39]: I agree RW
ortrade [12:39]: BBBY short target is 43.26
Hank [12:40]: FAZ 16.00/16.16 = .16 1% from am.
Andrew [12:41]: I'm risking about 5 cents in MNKD to hopefully make 20+ cents
Andrew [12:42]: out 2/5ths FAZ +1%
ortrade [12:43]: till now market is rather micro-moving ..
Andrew [12:43]: If MNKD drops below 6.00 I think it has a good chance of some nice downside.
Andrew [12:44]: out another 1/5th FAZ +1.6%
ortrade [12:45]: As market started showing signs of weakness the market can reverse just after 1 and that will be nasty to our short holds..
PA [12:45]: OUT FAZ 16.29 NET +$119.88
Andrew [12:45]: Nice one
ortrade [12:46]: FAZ is all bears and whistles now..
Andrew [12:49]: FAZ might have another 1.5% more to run up.
Andrew [12:50]: added to FAZ 16.27
ortrade [12:50]: BBBY I believe will drop big on the fear factor below daily open if market goes lower after open..
PA [12:52]: Hi Andrew what indicator do you use to see how buyer and seller react like your last post yesterday Do you use Tick and Trin you may post it later when you have time I am leaving now. back in a while.
Andrew [12:52]: I don't use those. Mostly I just look at price levels, moving averages, and volume.
Andrew [12:52]: And I have pivot points up as well.
PA [12:53]: Thanks Andrew
Andrew [12:53]: added to FAZ 16.17
Andrew [12:54]: added to FAZ 16.14
Hank [12:55]: Lot of stocks look like spring boards wanting to take off
ortrade [12:55]: Now it can become dangerous for shorts if market does not follow yesterday but rallies after 1pm
Andrew [12:56]: I still like the potential reward on the shorts here.
ortrade [12:56]: Exit CATM -4$pe
Andrew [12:56]: The trend for most of today has been profit-taking.
ortrade [12:59]: soon we wll now.. Till now I took only small losses on stocks -38$pe and mid on FAZ -120$pe. Rest short open positions are rather sideways or having gains..
jim [12:59]: Andrew what do you think are we reversing the downward trend?
Andrew [12:59]: On what time frame jim?
jim [13:00]: Andrew overall S&P 500 past 6 weeks downtrend?
Andrew [13:00]: I don't really see a reversal of the downtrend on any time frame except maybe 1-minute.
Andrew [13:01]: I highly doubt it jim.
Andrew [13:01]: Except for long term investing this market to me is now guilty until proven innocent.
jim [13:01]: I tend to agree
Andrew [13:02]: We're now back below the 10-day moving avg.
jim [13:02]: Ortrade your thoughts are we still going down from here?
Andrew [13:03]: I think I won't really change my mind until SPY closes above 112.00 or so.
jim [13:03]: Yes I am watching SPY as well
Andrew [13:04]: The bulls haven't really been able to string together 2 back-to-back good days in a while.
Treacherous_Cretin [13:04]: back
Treacherous_Cretin [13:05]: stops on paper trader did not work
Andrew [13:05]: SOLF is one stock that has been holding up well. Good call fwguyus.
Treacherous_Cretin [13:06]: gains are about half of what I had hoped to lock
Treacherous_Cretin [13:07]: would not be surprised to see markets close gaps
Treacherous_Cretin [13:08]: or dow to close under 10k again
Hank [13:08]: WNC 6.57 short
ortrade [13:08]: CTAS 200s@29.94$pe
ortrade [13:08]: PACR 200s@6.90$pe
majour [13:09]: back
Andrew [13:09]: out half MNKD +2%
Andrew [13:10]: setting a loose stop on the 2nd half for 6.07 (a 1-cent loser)
ortrade [13:11]: GLW 200s@17.42$pe
majour [13:11]: There is an exact correlation betwwen the market and the Euro/Dollar
Treacherous_Cretin [13:11]: has almost always been majour
ortrade [13:11]: TSTC 200s@9.09$pe
Treacherous_Cretin [13:11]: all the way back to when Reagan began our dollar destruction fiscal policy
majour [13:12]: but now more than ever
Andrew [13:12]: The market is always watching something. First oil, then the financials, then the dollar, now the euro.
Treacherous_Cretin [13:13]: anyone else have paper trader malfunction today?
Andrew [13:17]: back short AONE 7.91
Andrew [13:19]: With AONE I'm risking about 5 cents against me to hopefully make about 15 cents if I'm right.
ortrade [13:20]: AKAM 200s@41.95$pe
123 [13:21]: s&p chart now locked on ameritrade
ortrade [13:23]: OMI 200s@29.12$pe
ortrade [13:24]: FAz is having problem going up..
ortrade [13:25]: and Nasdaq still at daily open.
Andrew [13:25]: I think the sellers in the financials are just taking a break. The selling has eased up but there aren't many buyers now and the price isn't going up too much.
Treacherous_Cretin [13:25]: had a cover stop on FAZ at 16.02 that did not execute and sell order on MOn at 49.78 that failed as well. Trying to end trades as close to those marks as possible
Andrew [13:26]: Gar mentioned on Monday that something with the paper trader wasn't working properly then.
123 [13:26]: have nasdaq at 2202.43 who knows if data is right
ortrade [13:26]: I also took many shorts today only few are doing well.. rest are in the =+/- 10$ range since the entry.. while I get MA crossing signals I believe they mostly signify sideways not true dtn yet..
rw [13:27]: 2190
Andrew [13:29]: added to FAZ 16.01
ortrade [13:30]: Exit FAZ -116$pe
Hank [13:31]: PBY 9.17 short
ortrade [13:32]: Looks like market is trying today to rally its way out of the dtn chanell..
Andrew [13:33]: added back to MNKD short 5.99
ortrade [13:33]: Exit FCN +142$pe
Hank [13:34]: My traps have no signs of up swings since 11.11 am all down.
ortrade [13:34]: Exit CTAS -20$pe
ortrade [13:36]: Exit TSTC -22$pe
ortrade [13:37]: Exit GLW -30$pe
madriver [13:37]: BP only has 6-7B in cash. Operating cash flow higher but need to sell assets buy most analysts. Petro China interested in merger is not a good proposition for the US
Andrew [13:38]: added to AONE short 7.94
Andrew [13:38]: This could be a good place to short - right near 10-day moving avg.
Andrew [13:38]: In terms of the overall market.
ortrade [13:39]: Exit AVT -16$pe
madriver [13:39]: BP smells like an AIG to me
madriver [13:40]: I mean they are downplaying the ultimate demise of this company IMO
ortrade [13:40]: FAZ 600s@15.89$pe
Andrew [13:40]: AIG has been strangely quiet the last couple of weeks.
Andrew [13:41]: It's looking kind of due for a big day soon.
madriver [13:41]: AIA deal fell apart. Quite for them is a good thing!
Hank [13:41]: BP 32.77/31.77.= -1.00 loss. Friday coming on, not hanging on for large losses.
ortrade [13:41]: SOLF 200s@7.44$pe
Andrew [13:41]: It's been really struggling with its 200-day moving avg. the last week or so.
madriver [13:42]: Hank....went the wrong way for you today...I think it will move lower
Hank [13:42]: mad, thats how it goes, take my hits and dont complain.
madriver [13:42]: If you look at AIG it tanked but near what alot considered the bottom it had it's good days...same with BP IMO
madriver [13:43]: hank....it happens
madriver [13:44]: hank....you may get that back tomorrow......
Hank [13:45]: mad , PBY looks like a play on short. Daily chart.
madriver [13:48]: hank...why is PBY doing so poorly....are they head over heels in debt. Car garages seem to be going gang busters with this economy. I don't know their story?
madriver [13:48]: I guess that's more of a fundemental question??
Hank [13:49]: mad, funding, bookwork, accounting, short changed themself.
Andrew [13:50]: out AONE -0.44%
ortrade [13:56]: Exit PACR -22$pe
ortrade [13:57]: Exit SOLF -10$pe
ortrade [13:57]: Exit OMI -40$pe
ortrade [13:58]: Exit BBY -34$pe
Andrew [14:05]: added to MNKD short 5.96
ortrade [14:07]: Nothing worked today.. my greatest achievement is not trading with real $$.. lol..
Andrew [14:08]: out 1/3rd MNKD +1.9%
Andrew [14:09]: out 1/3rd FAZ -0.9%
Andrew [14:10]: out another 1/3rd FAZ -0.6%
ortrade [14:10]: paper?
Andrew [14:10]: I've just been paper trading today.
Andrew [14:12]: out another 1/3rd MNKD +2.4%
ortrade [14:12]: Close to critical market levels stong emotions prevail and market take the least expected path.. it is where most indicators donot work.. nasty..
Andrew [14:13]: added back to FAZ 15.96
Andrew [14:16]: added to FAZ 15.90
LEECO [14:16]: I can't get any ETF's to display in SV not bull or bear can't see cha5ts no flags or data WHAT AM I DOING WRONG?
ortrade [14:16]: what really turned on a red light is the fact that the market crashed on the rumor (before 1pm). I expected it to rally on the news that after 1am.. and it did just till the reversal from the dtn on Nasdaq on the 5min chart..
Andrew [14:17]: Leeco, do you have the "ETFs" checkboxes checked below where it says "Current Screen"?
LEECO [14:17]: I will look
Andrew [14:18]: added to FAZ 15.92
Andrew [14:20]: added to FAZ 15.86
LEECO [14:20]: I don't see current screen designation
ortrade [14:20]: Exit PENN 022$pe
LEECO [14:21]: I see filter selection & I do have ETF boxes checked under that
Andrew [14:21]: I'm not sure what the problem could be.
LEECO [14:22]: OK Thank-do you get ETF charts to come up when you click fin
Andrew [14:23]: Yes
Andrew [14:23]: added to FAZ 15.82
LEECO [14:24]: I can get display if I click 'gap down ETF bear but no Bull ETF's-can you get those
Andrew [14:25]: added back to MNKD short 5.97
ortrade [14:28]: Exit AKAM -144$pe
Treacherous_Cretin [14:30]: sold MON for 50.14 and 2% gain
ortrade [14:31]: ADD FAZ 600s@15.8$pe
Andrew [14:31]: added to MNKD short 5.99
Andrew [14:32]: out FAZ -1%
Treacherous_Cretin [14:33]: Covered FAZ short from yesterday at 15.77 for a gain of 6.85%
Treacherous_Cretin [14:34]: Both trades may have some room left, but was happy with good fat gains
ortrade [14:34]: There is no other job in the world in which during certain days the more you work the more money you have to pay.. trading can be nasty.. lol..
Andrew [14:34]: I unfortunately gave back a good chunk of my FAZ profits there, having undestimated the buyers this afternoon.
Treacherous_Cretin [14:34]: increased account by 4.68% today
Andrew [14:35]: These big gap up sideways days tend to get me a lot.
Treacherous_Cretin [14:36]: FAZ could do the red puke of death here
Andrew [14:36]: I could also see it reversing, but it's no longer worth the risk to me.
Treacherous_Cretin [14:36]: It would be down a lot more but GS is bleeding pretty good today
Andrew [14:37]: Yeah GS looks pretty ugly
ortrade [14:38]: FAZ add 400s@15.64$pe
Treacherous_Cretin [14:38]: sure enough left money on table with both trades
Andrew [14:38]: back in FAZ 15.63, prices are getting a lot more attractive
Hank [14:38]: FITB 13.26
Treacherous_Cretin [14:39]: was happy clearing where I did though
madriver [14:39]: I'm kinda surprised GS is getting hammered
Treacherous_Cretin [14:39]: clear of market. May put trades on at end of day
Andrew [14:39]: tripled up on FAZ 15.66
Andrew [14:40]: out MNKD -0.67%
ortrade [14:42]: It is where bears by nature can get creamed by chery picking reversals.. nasty
Andrew [14:43]: added to FAZ 15.58
Andrew [14:45]: added to FAZ 15.56
Andrew [14:45]: added to FAZ 15.62
ortrade [14:47]: Exit 600 FAZ short +170$pe
ortrade [14:49]: ADD FAZ 400s@15.60$pe
Andrew [14:53]: out half FAZ tiny loss
Andrew [14:56]: added back to FAZ 15.60
Andrew [14:57]: added to FAZ 15.61
Andrew [15:01]: added to FAZ 15.57
knight [15:03]: take profit FAZ 17.7 to 15.56 part 7
ortrade [15:03]: If we end up positive today, likely it was all investor action morning gap up and 1pm entering their second half investment to retain value and cream the hedge funds.. I was looking also at at morning retracements in stocks, it was hasty and lacked persistence just few bars..
knight [15:04]: take profit TZA 8.49 to 7.51 part 3
knight [15:05]: take profit FBP .88 to 1.02 part 2 - easy profit again today
ortrade [15:05]: As far as I am concerned if we dont rally into the close.. tommorrow we may have again a hard to trade day..
Andrew [15:05]: Good call on FBP knight.
knight [15:06]: take profit RDN 7.9 to 8.89 part 3
knight [15:07]: take profit FAS 20,2 to 22,23 part 6
knight [15:07]: what a great week - a record week for me
Andrew [15:07]: out half FAZ tiny loss
knight [15:08]: take profit SEED 8.18 to 8.93 part 2
Andrew [15:09]: added to FAZ 15.53
knight [15:09]: all my picks are exploding, it's crazy
Andrew [15:10]: added to FAZ 15.53
Treacherous_Cretin [15:10]: short BUCY 51.41
knight [15:10]: FBP look at a turning point - should go higher
knight [15:10]: FAZ will continue down to 14
knight [15:11]: FBP should make a run in the coming week 1,5 - 2 range
Andrew [15:11]: I'd be surprised if it goes much below 15.00
Treacherous_Cretin [15:13]: Would expect that dow 10k will have to get tested again
Treacherous_Cretin [15:14]: leaving for a while...be back for close
Andrew [15:18]: out FAZ -0.35%, fighting the tape too much
knight [15:18]: i hope nester sold FAZ this morning , he bought at 17 yesterday
Andrew [15:18]: long FAS 22.34 (triple position)
rko [15:19]: The bulls are fierce today.
knight [15:19]: are we going with dow +300
knight [15:20]: so the bull market will be confirm
Andrew [15:21]: Today might be short squeeze Part 3
knight [15:22]: if you want do it - but not me....
rw [15:23]: I alerted Hoecake of what would theortially happen, per Dr. Knight, and he took the advice and did not go with FAZ
ortrade [15:23]: I think my post at 14.42 is something to look at Andrew.
knight [15:24]: at dow + 300 is full speed ahead
Treacherous_Cretin [15:24]: bulls are always fierce when there is no volume
rw [15:24]: You should be on CNBC Dr. Knight, making the calls, but you would not make as much money there.........
ortrade [15:25]: Exit all FAZ +434$pe
ortrade [15:25]: Exit SKM +3$pe
knight [15:26]: they will to pay me many million per year
ortrade [15:26]: FAZ 400s@15.36$pe
knight [15:27]: take profit from FAS 20.25 to 22,45 part 7
Willie2 [15:27]: What will tomarrow bring Knight ??? more up
knight [15:27]: will be up in the morning and down after 10:20 and finish flat
Andrew [15:29]: added to FAS 22.45 (double position)
knight [15:31]: SEED is looking really good for a rally
rw [15:31]: I know that Dr. Knight.........
rw [15:32]: I will see you all in the morning....Have a good evening............
majour [15:33]: c u RW
rw [15:33]: take care majour.
ortrade [15:33]: Exit FAZ -14$
ortrade [15:33]: FAZ 400@15.44$pe
ortrade [15:34]: correction exit FAZ -14$pe
Andrew [15:35]: I don't really like today's market action. I'm glad to have escaped some bad trades and still wound up having an okay day.
knight [15:36]: add some USG at this cheap price 15,85
kram [15:36]: knight how the hell can you take profit on FBP when you were buying it at 3.00 and all the way down. even with averaging all the way down it is not up enough you to claim profit.. your full of shit
knight [15:37]: here come another frustred man...
ortrade [15:38]: Till now I am +128$pe for the day from the good entries on faz short last hour or so that compensate the early shorts which did not pan out..
knight [15:38]: as usual , i have heard that song so many time.
knight [15:38]: only your name is full of shit KRAM
madriver [15:38]: kram....we all know his story here.....live with it
madriver [15:39]: or just block him...pretty simple
kram [15:40]: no need you block i like knight for entertainment
Treacherous_Cretin [15:40]: why don't you put your trades in paper trader like I do knight? Then all can see your trades and match them with your posts. Seems pretty easy. I did it when I was trading regularly and have begun doing so with a new account
Andrew [15:40]: Whatever did happen with all that FBP you were buying in May?
madriver [15:42]: if he bought in MAY it had to tank!!
ortrade [15:42]: I got use to post with number of shares.. very simple to post and we can see total dollar amount for the day. Close all position by day end.. lol..
madriver [15:42]: TC....that takes time especially if you day trade....
Treacherous_Cretin [15:43]: not enough to matter
Willie2 [15:43]: Im up 10% on FRP purchase today
Treacherous_Cretin [15:43]: I daqy trade and can do it
ortrade [15:43]: make takes second to type in FAZ 200@15.44$
Treacherous_Cretin [15:43]: its no big deal
madriver [15:43]: TC...just my opinion
ortrade [15:43]: that was just example not actual trade
Treacherous_Cretin [15:43]: knight holds trades for lengths of time and it would be no trouble to do
Treacherous_Cretin [15:44]: someone could even do it for him if he posted all of his exits and averaging down
madriver [15:44]: knight can do his own thing and if you want to follow then follow if not just take it for what it is worth
Andrew [15:44]: I remember knight was taking some profit on the FBP he bought in April but I think only a portion?
ortrade [15:44]: Exit FAZ -6$pe
knight [15:44]: FBP have been a long time ago with my automatic system with 10 cents lost
Andrew [15:45]: Ok good.
Willie2 [15:45]: Opps up 11% on FRP to day thanks KNIGHT
ortrade [15:45]: FAZ 400s@15.39$pe
madriver [15:45]: amen
Treacherous_Cretin [15:45]: he was buy peix at @4 and called it cheap at $1.60 but we never heard of profits until it jumped from 70 cents to 80 cents
madriver [15:46]: seems inconsistent but it is what it is.
Treacherous_Cretin [15:46]: I don't really care what knight does. Some of his trades are good and some not so good.
LEECO [15:46]: knight=What is your automatic system?
Treacherous_Cretin [15:46]: he was calling for FAZ to go to $100 last year
Treacherous_Cretin [15:47]: lot of traders got buried alive on that call
knight [15:47]: hey folks you got a big problem always searching for the small lost instead of focusing on the gain
Andrew [15:47]: A lot of people got fooled by that false head & shoulders breakdown in the early summer.
madriver [15:48]: right....you gotta focus on your wins!!!
knight [15:48]: that why so many people are loosing money in focusing on the lost . that 's why stop loss exist
Treacherous_Cretin [15:48]: yeah they did Andrew. I remember we talked about it and I told you I was skeptical of it
ortrade [15:48]: I think knight system is deal with the broker.. if trade does not work out the broker absolves him from trade like rw and some traders do here in chat room.. lol
Andrew [15:48]: I think you mentioned it could be an inverse head & shoulders on a longer time frame?
Treacherous_Cretin [15:48]: I think you'd get more respect posting losses too knight
Andrew [15:49]: I got trapped in FAZ and took a semi-painful loss on 7/13, but it was definitely the right move in retrospect, lol.
Treacherous_Cretin [15:49]: you can't buy peix at 1.60 and then two months later announce a profit at .86 without telling people you took a loss and bought lower. That is why people get skeptical of you.
knight [15:50]: already told people , my system make the automatic selling on the stop loss and those are tiny loss so why posting = wasting of time
Andrew [15:50]: It automatically sells at -0.10, or a certain %?
Treacherous_Cretin [15:50]: Everyone should be doing their own analysis and trades anyways
Treacherous_Cretin [15:50]: so what is your stop knight?
Treacherous_Cretin [15:51]: I have seen you average down on some things where your original entry was 25% higher
bulldogchip [15:53]: how can you post a profit on part 1 of something when you later say you have 10 "parts"...part 1 would have been stopped out long ago if you use 10 cent stops
ortrade [15:53]: this market is such a bull buy good bozos buy!
knight [15:53]: only with my recommendation this week , many persons here did a lot $$$
Andrew [15:53]: I'm glad I flip flopped into some FAS into the close. If you can't beat them, join them.
knight [15:54]: with no focusing on the positif instead
Gar [15:54]: What's up with the monster bozo rally? What is their excuse this time?
Andrew [15:54]: I thought it could go up a lot more than it has though.
madriver [15:54]: I think we all know the "story" here....move on.
Treacherous_Cretin [15:55]: Leaving my half load of BUCY short on overnight
knight [15:55]: FBP is now starting up up up
Andrew [15:55]: I think it's just the euro strengthening and positive reports from Asia and Australia.
ortrade [15:55]: buy, bozo buy, good bozo.. maybe tomorrow we get some normal morning retracement..
rko [15:55]: Euro up to 1.2136
Treacherous_Cretin [15:55]: if we gap up tomorrow I will complete the load
knight [15:55]: take profit .88 to 1,06 part 3
rko [15:56]: Euro broke through
Gar [15:56]: So we are really trading Foxes here, and not stocks.
Gar [15:56]: Forex I mean
madriver [15:56]: i think there still is alot of bad news from eu IMO
knight [15:56]: take profit faz 17,65 to 15,23 part 8
rko [15:56]: That's correct
Andrew [15:56]: Apparently, lol
Treacherous_Cretin [15:56]: plenty more euro problems lurking around the continent
Andrew [15:57]: Lunar short anyone?
Treacherous_Cretin [15:57]: the dummies will forget when Italy or some other place admits trouble
Iswing64 [15:57]: Sell to close faz 16 june puts from this morning + 41%
Treacherous_Cretin [15:57]: I have BUCY short andrew
LEECO [15:57]: GAR-how can we see Bull ETF's in SV Stocks
Andrew [15:57]: Nice choice
madriver [15:57]: 41% holy cow!!! SWEET
Iswing64 [15:58]: Thanks mad..
Hank [15:58]: 41 % swing, bonus.
Iswing64 [15:59]: thanks all..
Andrew [15:59]: out FAS +1.3%, that should make up all my stubborn FAZ trades mid-day.
Iswing64 [15:59]: see ya later..
knight [15:59]: take profit FAS 20,25 to 22,65 part 8
Andrew [16:00]: Or at least most of them, lol
ortrade [16:00]: EXIT FAZ +50$pe and total for the day +160$pe all entries and exits posted with number of shares..
knight [16:01]: take profit solf 6,85 to 7,65 part 2
madriver [16:01]: we didn't hit 300 so I guess no reversal????
Andrew [16:01]: Tomorrow should be interesting. The S&P is within striking distance of the 20-day moving avg. again. Last time on 6/3 it couldn't quite get there.
Gar [16:02]: Notice that the market volume was way lower than it usually is at the close.
Andrew [16:02]: It hasn't been above that since 5/3.
knight [16:02]: take profit RDN 7,95 to 9 part 4
Treacherous_Cretin [16:02]: always is when we go up
madriver [16:02]: no conviction???
madriver [16:02]: alot of suckers?
Treacherous_Cretin [16:02]: no volume gap up rallies are always suspect
Gar [16:02]: I can't see why there would be "conviction."
Andrew [16:02]: It's still a lot better than it was with the buying the first week of the year.
madriver [16:03]: neither do I but apparently somebody does
LEECO [16:03]: GAR- I can get data on Bear ETF's from'Gap Down ETF lists' but nothing on bull ETF's ???
Treacherous_Cretin [16:03]: was just blowtorching the shorts because they could
Andrew [16:03]: I think it's good enough to respect until we see a red day again with a lot more volume.
knight [16:03]: take profit TZA 8,45 to 7,29 part 4
madriver [16:03]: LOL
karenbcz [16:03]: LEECO- you have to put checkmark next to BEAR ETFs.
knight [16:04]: hey leeco , are u happy with SEED
karenbcz [16:04]: or put a checkmarkon Bull ETFs.
Treacherous_Cretin [16:04]: anything can happen though
Andrew [16:04]: The Bull ETFs did not gap down today.
Treacherous_Cretin [16:04]: they can try to squelch the euro crisis a few days to let the markets breathe
knight [16:04]: hope you have get rid of FAZ karen at 17
Andrew [16:04]: Have a good afternoon.
karenbcz [16:05]: Andrew, I think LEECO just wants to look at the info on B/B etfs.
karenbcz [16:05]: he'll have to put a checkmark to get the info.
Treacherous_Cretin [16:08]: how are you karen?
LEECO [16:08]: knight-yes I like the way seed is moving up-I have no profits yey but will wait it out
Treacherous_Cretin [16:08]: I am sorry I upset you the other day
karenbcz [16:09]: no problem.
karenbcz [16:09]: I will get ANOTHER chance soon! :>)
Treacherous_Cretin [16:09]: there is always another chance
Treacherous_Cretin [16:09]: that is why you never let losses run
Treacherous_Cretin [16:09]: keep your bank so you can move forward
karenbcz [16:10]: Instead, I will buy 100 FAZ option contracts = 10K shrs. of FAZ.
karenbcz [16:10]: Treacherous: I did NOT HAVE A LOSS. I don't know where you all got the idea that I had a loss. In fact, had I kept my FAZ shrs over last week-end, I would've had a HUGE gain.
LEECO [16:11]: karen I did check the ETF blocks
madriver [16:11]: LEECO....I haven't gotten that to work either...haven't spent too much time trying though
Treacherous_Cretin [16:11]: You would have woken up to a gap down on FAZ. There was a better entry that morning
Treacherous_Cretin [16:12]: in any case, you were demanding an apology from the forum and I wanted to let you know I posted one
Treacherous_Cretin [16:12]: I will not comment on your trades anymore
karenbcz [16:13]: No problem. All is forgiven. :>)
DJalecC [16:13]: gosh it is the time of the month LOL
karenbcz [16:14]: Treach: that's the beauty of THIS market. You always get a 2nd chance.
karenbcz [16:15]: I'm happy to re-einter @ $15 or $14 .... = great opportunity.$$$$$$$$
karenbcz [16:15]: And being that we're in the throws of a SEVERE bear .... I will buy FAZ cheap.
karenbcz [16:16]: 100 FAZ = 10,000 chrs.
karenbcz [16:16]: calls
karenbcz [16:16]: shrs.
Treacherous_Cretin [16:17]: anything can happen
karenbcz [16:17]: Indeed. I wish the DOW would run-up another 200 pts. The cheaper I buy FAZ = the bigger the profit$$$!
karenbcz [16:18]: Or I could've done what Lswing did ... Faz puts. $$$$
Willie2 [16:19]: karen what month and strike do you like on FAZ ?
karenbcz [16:20]: Willie- closest month is best due to time decay. No point in buying far out months, as value goes down with time.
Treacherous_Cretin [16:20]: be well people
Treacherous_Cretin [16:20]: bye
karenbcz [16:21]: bye Tr.
karenbcz [16:21]: Willie - closest strike, closest month.
karenbcz [16:22]: Gotta go. Adios amigos.
LEECO [16:42]: Bye
Willie2 [17:22]: Thanks karen
Andrew [21:21]: (CNN) -- Scientists now estimate the leaking BP oil well in the Gulf of Mexico was releasing 20,000 to 40,000 barrels -- or 840,000 to 1.7 million gallons -- per day through last week, the head of the U.S. Geological Survey said Thursday. The scientists' previous estimate was 12,000 to 19,000 barrels per day.
|
|
