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Damn, I would LOVE to get out of my FAZ now... almost ready to get beat up for using 4 daytrades. What is the worst that can happen ? They lock my account ?
Posts: 681 | Registered: Feb 2008
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Well looks like I will have to hold this one overnight and hope for a rebound in the morning...
Posts: 1986 | From: Florida | Registered: Mar 2006
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quote:Originally posted by SoAngel: Damn, I would LOVE to get out of my FAZ now... almost ready to get beat up for using 4 daytrades. What is the worst that can happen ? They lock my account ?
Not sure what they do but I think I heard that they give you a warning the first time then after that they will lock your account for 30 days,,I think, you would need to call them to be sure ,not sure what program you use..
Posts: 1986 | From: Florida | Registered: Mar 2006
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4 Minutes left to see if I am going to have a margin call on this one or not,,,I do have some HIG that is up that would cover if I need to in the morning, And I just got a call that I need to be in Miami tommorrow afternoon to do another repo...That will cover my loss today so I can hold..unless we start back down tommorrow...THAT would suck even more..
Posts: 1986 | From: Florida | Registered: Mar 2006
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grabbed 500 of DRYS .. 1 minute from the close..4.20..GM and F are still up in the air its looking like some form of weird BK formulated by the fed for them..the saga continues..
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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Ended up down 450 for the day...Might get it back tommorrow,,Also after hours is trading up a bit , Only other bad news is the numbers for unemployment ......
Posts: 1986 | From: Florida | Registered: Mar 2006
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SoAngel..IMHO..FAZ is a good hold (ive got 500 shares, so it better be) cause tommorrow will be the worst jobs report in a very long time and the market should carry over from the downturn today..thats what i read into it..today was another last 50 minute drama..
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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Good luck all sounds like you all had better days than I did,,See you guys in the morning for a few hours before I leave..
Posts: 1986 | From: Florida | Registered: Mar 2006
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I hope we open up in the red HUGE, then I can get out of FAZ (and maybe Morpheus too???) and then I hope we close bigtime green, so Gary59 recovers with TNA.
Posts: 681 | Registered: Feb 2008
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Well, I tried to sell my FAZ this morning, but Scottrade says that I cannot sell it pre-market.
Posts: 681 | Registered: Feb 2008
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I just tried again at 60.00. No luck. Kind of irritating because I see other trades happening on it right now.
Posts: 681 | Registered: Feb 2008
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Well I just got on and checked my account ,,oouuucchhh,,,not sure what I will do either hold till monday on TNA ,, At least my HIG is up over 2 bucks so far pre market so I will get out of that today and cover margin,,CNBC has mixed feelings about open , DOW futures are down 189 point pre market and with a lot of selloffs yesterday people might be getting back in because of CNBC haad people saying it was bottomed out now,,I can still see the market going down further but with TNA 1 bull day would bring me back out of the red on it ,,The last ime I got hit by TNA IF I would have helld for a few days I would have made money not lost 800..Just my morning opinion , and that might change in 10 minutes at open..Good Luck to al today..
Posts: 1986 | From: Florida | Registered: Mar 2006
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Does anyone know where on scottrade I can get the up to date dow futures listing??I am getting it on CNBC and finviz but finviz is 20 minutes delayed.
Posts: 1986 | From: Florida | Registered: Mar 2006
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morning compadres...what is that we can buy on a good bounce play..TNA? ERX? C? ..what is everybody watching??
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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Well I screwed up again,,,I had a GTC sell on HIG at 10 in at 7.50 so I took profit but looks like it will run big this morning
Posts: 1986 | From: Florida | Registered: Mar 2006
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All I am watching this morning is my ass being handed To me Morning Morheus, I am just trying to get even on TNA or out not sure yet , but I also have to get out of here in a few hours so to work, I had HIG but looks like it is still running pretty good..BUt got out with profit thats all I care about now, Looking for a bounce on the market to see what TNA will do I has already had a 1 $ bounce this morning
Posts: 1986 | From: Florida | Registered: Mar 2006
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Well I wonder if we are going to have a bounce up someime this morning before I have to leave..
Posts: 1986 | From: Florida | Registered: Mar 2006
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im all out of FAZ for now ..sold half earlier at 59.80 and just sold the rest 59.80 also..still climbing ..crap
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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OK I have to get out of here, I have a GTC limit sell on TNA , Looks like I am going to hold it a few days down too far now to cut losses at this point , and I am sure It will be back up within the next week or so so I might just be watching for a while.. Good Luck Today Guys
Posts: 1986 | From: Florida | Registered: Mar 2006
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Well I am back but does not look like anyone else is here since I posted this morning,,Repo got cancelled until next week ,and I got back and am surprised that the market is doing better than I thought it was going to , but I think most of the hit was from yesterday at close the market took the brunt of the unemployment info,so I am looking at an even day by EOD by the time people realize the markeet is better than they think and now is a goos time to get back in..JMHO And looks like I missed ou big o HIG this morning getting out at 10
Posts: 1986 | From: Florida | Registered: Mar 2006
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And I cant believe that TNA is only .30 down from yesterdays close and the DOW is 112 in the red...,That one will pop if we get near green today..
Posts: 1986 | From: Florida | Registered: Mar 2006
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CNCB keeps saying could this be bottom for the market , I hope a lot of people are watching and start putting money back in today to bring this market back up..
Posts: 1986 | From: Florida | Registered: Mar 2006
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Well I tell you what , yesterday I was interested in the big 3 hearing but to have to see it for 3 friggin days is getting boring , And nothing is moving the F and GM stocks until its over so why do they have a constant play by play and live video of it all day long..Guess I am getting bored today since not making money , no trades left (clear funds) and regular shows not on CNBC now..
Posts: 1986 | From: Florida | Registered: Mar 2006
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Gary..could it be the what CNBC is preaching is just a ploy to pursuade the masses to put there money into the market in a big way an then take the market down big time next week effectively cleaning out everybody bank accounts..that way when the depression really kicks in..the people will not be as cash wealthy as they once were..its a government/fed plot in some twisted fasion
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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Could be Morpheus, I am not long on anything , Actually I am only down 600 now on TNA , and feel pretty good that we are going to get back to green in the next few trading days ,not today unless another EOD rally hits us by surprise again,,CNBC has been preaching all week about this is bottom , but I think we have farther down to go before bottom , And am not long on anything until I see what is a rise from bottom,,I am just kind of settin on the sidelines until next week to clear funds now..
Posts: 1986 | From: Florida | Registered: Mar 2006
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DOW chart keeps wanting to inch back up today, slow but sure,might close close to open today,,not sure about green, doubt it, but close would be fine with me..
Posts: 1986 | From: Florida | Registered: Mar 2006
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oj is getting the just deserves...that should make the market rise in jubilation
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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