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If it does like last friday I think UP.. We need better people in control now , its a differnt time and economy to keep the same old way of thinking in the market..
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Hey Tex, I know that you are a master of the charts , I usually look at the single day chart with the sma ,and bol bands during the day to get a better look at where it is going , and it is still just tighneing in bands on a one day chart and I look at stochastics chart, I know that you know 1000 times more about reading charts than I do , but when I see this type of tightening in the bands something happens whether up or down its still a guess. And as for being Imminent ,, I dont have that experience yet.. Good to see you watching over us Tex..
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Sorry for the confusion and I do not want to mislead someone on here Tex , I definatly do not P&D anything on here. I think that I have been using the term sqeeze in the wrong places.. I will try to remember that in the future not to use squeeze in my posting.. Thanks Tex
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gary...you are NOT a P and D..keep up your play by play commentary as you see it..I get your drift and its really helpfull to alert the board of something big comming up..we can make up our minds to buy or sell..so appreciate the effort..
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well..as far as C goes..i feel that with the govt backing and all..it should move up toward 10+ in the very near furture..so i just want to catch a little of the action without too much exposure..couple hundred bucks..why not?? will double down 1 time if it goes against me..
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quote:Originally posted by Morpheus: picked up 200 shares C 6.60
Sorry to hear that Morpheus.
Wow have I been gone for a long time. Just been getting hammered with bills. Had to pay my taxes, Insurance on house and jeep and been busy working and having my son 6 days a week. So its been all sidelines for me.
SKF....HOLY COW!!! Hope nobody shorted that when I said to short it. WOW!!!
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for a slow and steady play...my MON is moving up like a turtle..but it just keeps clawing..so I love it at this point..looks to be a nice 12-15% gainer in the next few days..these other really big movers and too much like the horse track..so just little bit of mola goes into them..
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How many pages of posts have you guys did....we're on 99....I think last time I read it was like 68. Guess this is the Gary59, Morpheus show. And now we have T e x posting....wow!!
Anyways, Still holding F.
So....anyone think the DOW will hit 6,000 range....or is the bleeding over??? I think the DOW is not done bleeding!!!
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quote:Originally posted by Morpheus: yo..R1 Man...long time no compadre..you been in the bank so you are way ahead of the game at this point..you sly dog you..
Yep....still planning on selling the beast this spring. Then I will have a nice chunk of change to drop in the market. I doubt it will be fixed before then so should still get in just in time.
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Hey R1 , I am still holding F as well and a few HIG , might get my money out of those in a few days if this keeps up.. ERY is down 13.54 for anyone who is betting on a red EOD or tomorrow..
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R1..DOW down to 6000..there is lots of good news today ..and i believe that the prima donna mama herself (give em hell-ery clinton) is due for a speech today too..maybe i just heard wrong?..but the good news looks to be in play for the next few days..IMHO..but im still proceeding with caution..trying to shift funds onto cash and take advantage of some of the bigger movers and trying to avoid the "3 day settlement" BS..only im gonna take a "free ride" (cause many funds have not cleared yet) on stocks if there is a big drop at the end today
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Its like this....the market is total BS!! There will be more downturn in play. Sure Obama will come in to help but I think the damage is already done. Who would of thought F, GM, C would be soo low in price....??? People need jobs and they are hard to come by. No jobs, no spending, no gains, no profits. I think if OIL wouldn't be as low as it is now....the DOW would be at 5,000 range. So OIL is the friend right now but how long will that last???
Ohhh....by the way...they are talking about banning SHORT SELLING again....so SKF might be a good short.
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I want to get more F but the only money I have is not cleared so it has to be over 4 bucks to buy with unclear funds,,,,I am thinking any day now they will come out with a loan plan for big three,, I still like the way last week when they where in front of the loan commity the rep from ford when asked how much will ford need , the ford rep says we will just take whats left over..I couldnt believe he said that..No Idea of what Ford needs , just give us whats left over..
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Looks like I am going to have to just sit back and watch today,, no clear cash and market is up , nothing for me to get into,,or chase
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The ten day chart on HIG looks like it is coming off bottom , It was 12.00 6 trading days ago..I might pick up a few more ave down and wait for the loan plan to come out next week , if it dips in the morning..
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Well 2 big green days in a row , I am wondering if I need to get some ERY at this price...42-43 range, whos betting on a green day tommorrow?
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its a new week and they go by total percentage week by week..so i guess you missd this week..i got 5 portfolios going 3 long and 2 short..doing pretty good im gonna win a least once this time around..
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no..you buy and sell into stocks that are going to go up...employ different stratagies for different portfolios..one day to the next..unless you like what you got..then you have no chance at all..
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