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Ok just got 100 sh of FAZ 46.65 then it headed back down to 46.09 But looking at the DOW charts we have had 1 green day one red day for the last 5 days so I am bettin red in the morning unless Fin news coming out in a little while runs the market down,,
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my stratagy??...just outlast the false uptrend..that is what it seems to be lately..just popped into more SRS at 78.65..and FAZ at 46..im an IDIOT..but thats the way i roll..
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Gary...you betting green or red?? your post is unclear...as for me..my bets are placed on red...but hey im loosing my A today so far..
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It has really been bizzarro market this last week, and I am gonna hold FAZ for a few days, unless It jumps today.I see this as a fake uptrend in the market no news is worth the market jumping 135 points today if anything it should be down 100 in my opinion..
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obama..keeps stating just how messed up things are..lack of this and messed up that..things are as bad as ever since the great depression..yet the market remains up...makes no sense..but .."thats the market"
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housing news blows and the housing sector goes up..this is maddness!! this has to be a "lamb to the slaughter" fake out..?? but the volume is really low overall..most of the big money is just idol on the sides and that is why things seem so quiet..i guess??
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Well at least the market didnt run up to 300 during his speech and now coming down a little ,, Might get lucky and have a red EOD ,, Fed rate speech coming out at 2:30 ,,,Dont you think this is going to be an interesting close today.. Only problem I see is if its bad news the market will go up.. I am going to get out of here for a while and grab luunch ,,. Hope it dosent get too interesting while I am gone .. Later
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today really reminds me of the horse track...the horses are around turn 2 and down the back stretch..the early runners a leading the pace and you see averybody all around you jummping all over the place cause there turd of a horse is in the lead..and mine is toward the back..till the far turn and into the home stretch..then all the class comes up as the early pacers are fading... that is what today feels like ..BUT the POS GS just keeps chuggin upward..and hurting my financial shorts??
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Well I am back took my little break and came back with a slowwww market ,, guess people are waiting for the fed report , which we know will be bad, so it looks like we are making the 3rd turn now morpheus,,
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Well Morpheus,, CNBC puppets are saying there will not be good news at 2;15,,, Might want to get out of short funds now.....Never mind just found out Paulson is going to speak at 4 today so whatever happens with the fed is going to be doubled by Paulson blowing the crap out of the market too..
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You would think I would be happy with a green market up 100 points , but this is getting boring waiting for something to move,,volume has slowed to a stop for the last hour or so.. Wonder if R1 is going to be back this afternoon and see what has been happening here today?He hasnt missed much today thats for sure..
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well..im still short..probebly gonna loose ..but ya got to go one way or the other....and so far im not doing too well since the last 20 minute follies yesterday..
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Well I am holding my FAZ morpheus ,seems like every time I sell off my ETFs bull or bear I loose the next day, IF I WOULD HAVE HELD keeps coming up, so I am holding FAZ this time hoping for red EOD or morning..
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I think DIG would be a good long term hold , It has not been moving much intra day the last few weeks, Would be nice to have enough money in my account to set a few shares aside and wait for oil to go back up..
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here my thinking...every single thing has been doing opposite of what logic would dictate..so with the fed comming out and lowering rates and what ever other curveball they throw out im doing exactly opposite what logic would tell me to do..(thats my story and im sticking to it)??
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Well thats true Morpheus BUT Paulson will be speaking again today and that one is never a wrong indicator. He has the best record in the market for running in the red.. R1 did you get 300 more BAC or still holding 300 from earlier?
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I had put the order in for BAC then went to see my son. It got filled and just saying I have 300 shares. I low balled it. Didn't know if it would get filled.
So, you bought DRYS at $11. Ouch...I would of shorted that one.
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Ouch , I was outside during the report, still have FAZ and MSFT gonna hold for profit taking to bring the market down today or in the morning..
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Put my sell at $16. Well, off to work...I think it will boom soon.....hmmmm....$14.22....might just set for $14.50 and take the money....???
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