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soooo...now im set for tommorrow...gonna be some kind of news..whatever..profit taking..the credit blah blah doesnt look that great after all..the propagande machine will create something convincing now that all the "lambs have been led to the slaughter"..thats my bet..i like my odds..better then counting cards at the tables..but i will limit my loss..if it does not pan out..im gonna bail, tommorrow very well could go up early on and then due to some blah blah blah the news creates..its gonna reverse..IMO
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soooo...now im set for tommorrow...gonna be some kind of news..whatever..profit taking..the credit blah blah doesnt look that great after all..the propagande machine will create something convincing now that all the "lambs have been led to the slaughter"..thats my bet..i like my odds..better then counting cards at the tables..but i will limit my loss..if it does not pan out..im gonna bail, tommorrow very well could go up early on and then due to some blah blah blah the news creates..its gonna reverse..IMO
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CEGE....Bid $1.11. Interesting. Will have to see how I play the market today. Will hold something over the weekend but doing a day trade too.
Raj....just be patient. You can play CEGE when I tell you and you will make money. Just watch the posts. I have to see what its going to do. If you buy at open...it might crash and burn right off the back. But Risk = greater return/loss. Market open is RISKY!!
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r1..ive been looking at some of your prior post and im telling you GTE is looking pretty good too..lotta movement but looks good for the long side at some point near
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Yeah I know....its a crazy day like usual. I am down $330 on it. If I have to hold over the weekend. I am ok with that. With the hurricane mess coming, it will shake the market. Especially if it hits the oil wells.
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i m just laying low today - too much unpredictability around the market plus long weekend so taking it easy unless something eye cathing pops up....can't do shorting stuff anyways right now since not much funds available...but R1 let me know if CEGE looks like a buy whenever - i'll keep checking here
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wow...crazy nothing much happening day..i just got back in time for the close..looking at used cars with the kids now that they can drive..errr...what did I miss?
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bummer dude ..im still thinking we are headed for a down opening on tues..the first day back after the vaca IMO..Raj..you can still bet down on the market without "shorting"..those pics i posted all are ETFs that go up when things go down..learn about them.. like today for instance..housing down..SRS up..
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I just now found the stock I saw on the CNBC streamer. JMBA....up 25%. I saw it in premarket and wanted to check it out and maybe buy it.
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seems pretty sad..us trying to make mola mola on others people suffering..but its comming either way and we cant stop it..god bless those people and god bless captolism
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I had to get my son so couldn't look more. I read the ticker this morning but forgot it when I went to my office. Tried typing possibilities and searching. Guess I didn't look hard enough. I thought it would show up as a top gainer stock on NYSE or Nasdaq. But doesn't show up. Has a lot of volume. No idea why I couldn't find it. Maybe they wanted me to lose my money.
And when I was trying to short FRE....I was going to sell around $4.98. I had to play with the volume and the price and it kept dropping. That is how I chased it down.
WM....$4.05....up a ton the past few days. I was going to buy that around $3.60 but was holding BAC.
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quote:Originally posted by Morpheus: Raj..you can still bet down on the market without "shorting"..those pics i posted all are ETFs that go up when things go down..learn about them.. like today for instance..housing down..SRS up..
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He is saying some stocks perform better in a BEAR Market. So when the Bulls run all over, those stocks go down. When the Bears come to play, those stocks go down.
Kind of like this.
A lot of people freak out when the market goes down and run to mutual funds or money market funds. When the market goes up, they want to catch the bus too so those markets can go down because of the selling. Hope that explains it somewhat.
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i get what your saying...but i guess i need help with how the actual trade on scottrade would work...under the trade tab, what option from drop down menu will i choose etc.
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We are not telling you to short stocks. We are saying there are stocks out there that you buy that will go up when the market goes down. That is all we are saying. So if you know how to make a trade then you can do that too.
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i do understand what you're saying here....there are stocks out there that go up when market goes down and vice versa - do you trade them the same way on sites such as scottrade? go into trade and basically buy that stock or is it any diff? I am still buying when market is up so the stock is down and hope for market to go down in next few days so my stock can be up, do i have this right? and also, does that include the tickers morpheus suggested?
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SKF is called "ultrashort financials" you buy just like you you did SOLF only its p[remis is ..when the financials go down..it goes up and vice versa..SRS is called "ultrashort realestate" same thing..when the real estate stocks go down..that symbol goes up...it is hoping the stocks go down..you buy and sell the exact way as another symbol..example RIMM, IBM, MSFT, JMBA..these are all bought cause you think they are gonna rise in price cause the market is going up..but with ultra short stocks thye would go down itf the market is strong and thei dow is rising..example is this morning..everything i had "bet on" last friday did a complete 180 degree and I was way off the mark...errrr..but SKF gapped down to 108.75 and is now climbing the wall of worry..currently 113.25..cause the financials opened strong..and are now declining ..but SKF is climbing..trades just like the others..no shorting juct your typical buy and sell ..
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