quote:Originally posted by SoAngel: I hate how smart I am. I am going to get another beer and then take a nap.
That is funny!! Glad the beer helped. Just think, if you had 2 beers and 2 naps, you might of gained twice as much....lol.
Anyways, next week I am back roaring!! I passed on buying that house. So will be back with another $25k. DRYS is also up a lot today. Break even is $8.50 for me though. Not selling just yet but thinking about it.
When my funds clear, I think I am going all in on SKF...should be cleared on Wednesday or Thursday. So hoping the market moves up until Friday. But I have a few plays in mind that I haven't had any free funds to do. But have a plan this time. Will take out 50% of gains each month and put back in my bank account or possibly 10% to account value each month.....but staying above $25,000 value so I can freely daytrade.
Well, good luck all!!!
Posts: 2367 | From: Detroit | Registered: Mar 2005
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My father told me a couple days ago that GM is going to get severly dilluted. Well, they talking about that on CNBC right now.
Posts: 2367 | From: Detroit | Registered: Mar 2005
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I am pretty sure I will be going short all next week. I am still considering a bear ETF to hold over the weekend, but as of now, I am only still holding my profit shares of stuff and my AGQ that I am down a bit on.
Have a good weekend (to anyone who reads this).
Posts: 681 | Registered: Feb 2008
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I sold all my DRYS on Friday at 6.10 from 3.90ish. Thinking about getting back in this morning since its down 14% pre-market and then just ship it back off for a small gain....no pun intended. Posts: 301 | From: Hamilton, NJ | Registered: Jul 2007
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Darn, it was a 50/50 yesterday between picking DRYS or PLD, guess I picked wrong Posts: 301 | From: Hamilton, NJ | Registered: Jul 2007
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yo FM...i been out all day deep sea fishing..really good catch...just took a look at the FRP ..I concure...a great looking chart and excellent catch..congrats..im thinking a down day wednesday and then im gonna pick up some of that action..right now in long SRS SIRI EGLE and short PVH ..my new thing these days is to only trade for the first 2 hours in the am and then go out and have fun fun fun the rest of the day..the first 2 hrs and the last 1.5 hrs is where all the action..if I dont catch the open then I try to hit the last 1.5..its t tuff life but hey..life is too short to spend too much time in the struggle for the legal tender...I luv luv luv cyber vegas
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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Morpheus....where are you shorting it at and when do you want to cover? Where do you think it will go (PVH)
What are you thoughts on SKF and SRS....say price prediction for 1 month.
BAC???
I think it will be a down day today but I have been wrong soo much lately. But got my money in my account now. Just going to be careful for the next several months. I can day trade freely now. Have more then the requirement for day trading in the account.
If I play 10% gain...it will take me just over 7 trades to double. But 3% works great too!!! I think if I plugged SKF at $100 or less....that it will climb back to $130 pretty easy....first bad news and its off to the races...but I could be wrong.
Posts: 2367 | From: Detroit | Registered: Mar 2005
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Grabbed 250 SKF at $94.80. Should of waited longer. $93.30 now. Sell in at $103.
Posts: 2367 | From: Detroit | Registered: Mar 2005
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quote:Originally posted by Runamuck: R1 Man watch ITCD I saw you had it on a watch list one time.
I don't play OTCBB stocks anymore. I am playing the swings now in big board stocks and ETFs. But that stock has very low volume which I would suggest you to avoid.
Well, looks like I bought SKF a day too soon. $91.50 ask. I think another up day Thursday. Hoping we can catch a down day soon. Changed my sell to $100.10 on SKF. I still have another $53,000+ to play with...hmmmm????
Posts: 2367 | From: Detroit | Registered: Mar 2005
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I'm going to most likely sell all my DRYS today and pick up some FAS early.
Posts: 301 | From: Hamilton, NJ | Registered: Jul 2007
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Looking at it now I'm thinking about grabbing some FAZ instead, can't see this rally just keep going. Gotta have some big selling either later today or tomorrow.
Posts: 301 | From: Hamilton, NJ | Registered: Jul 2007
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shorted some retail think bad news is coming out about unemployment tomorrow... jcp was hitting major resistance... markets due for a pull back i agree aj.
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I really liked FRPT around that 4.80-5.10 range, really wish I had picked that up recently. Very nice day for it, same with RIMM now with these crazy afterhours numbers.
Posts: 301 | From: Hamilton, NJ | Registered: Jul 2007
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quote:Originally posted by Free Muney: shorted some retail think bad news is coming out about unemployment tomorrow... jcp was hitting major resistance... markets due for a pull back i agree aj.
I don't know what the numbers will say but Michigan gained another 0.1% to make 12% even. So I think the nation will follow suit. Just remember....all of us AUTO WORKERS are ALL back to WORK! If not, the 12% might be 12.4%.
I do think the market will go down Friday.
Posts: 2367 | From: Detroit | Registered: Mar 2005
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Grabbed 100 more shares of SRS at $44.25. Have 200 shares now at $45.375. Changed sell to $52.
Debating on what next to load up on. Still have a bunch of $$$ to play with. I have been debating on shorting a few stocks. TRW at $5.10, LVLT at $1.04, MGM at $3.78.
Will likely stay where I am for now and keep playing down market. Can't see it holding up today and thinking down week next week.
FYI....The government home loan program that came out in March. The current rate is around 4.75-5% for 30 year fixed. The government program will let you refinance for that rate at no costs...from what I hear. I have countrywide and my loan is insured by FNM. Restrictions that I know of is you can have a Debt to Equity ration of 80-105%. If you don't pay PMI then you won't pay it with the refinance under the program. Countrywide will not know until next week sometime and will update then. Sounds like a great program to me!!!
Posts: 2367 | From: Detroit | Registered: Mar 2005
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Man I am a complete idiot. I dumped my FAZ for a 5% lose because I thought the FINS were going to end up rallying. Picked up some BAC and noticed that FAZ was moving back up and no Fin's besides Barclays (BCS) was moving. Dumped BAC for even money and then picked up FAZ again around 3:15ish and fell asleep by accident to wake up with it down like 5% more, ugh I really really thought we'd have some kind of sell off the way the market moved today.
Posts: 301 | From: Hamilton, NJ | Registered: Jul 2007
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R1..i bought back into SRS at the close on friday 38.25..seemed like a good thing to do at the time..it really dumped bigtime while the market was moving very litle..bunch of KIM and other real estate upgrades..something funny going on?? I alos grabbed some TZA at the close too..small position..I am also fully leveraged BIG time in SIRI and F..i think they have great prospects upcomming.they are my only (long term..whatever that is these days) holdings for now
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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i been long and short LVS 3 times today and up nicely..this has a lot of movement
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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taking my long profit on F right here...reverse my position for a brief while ..im short 2k shares at 3.77
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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now im taking a long position in F 3k shares at 3.57...eeeehhhhaaaaaaa...i luv luv luv cyber vegas
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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hit my stop a 3.69...all out for now of F...get it on little doggies
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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did ya all get any SGIC...i did not...but it looks really good from here
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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Grabbed 5,000 shares of DISK at $1.75. Selling at $1.82. They have a offer to get bought for $2.75 a share cash. Not sure why its not around $2.50 but going to take the $350 profit and run.
Posts: 2367 | From: Detroit | Registered: Mar 2005
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Sell in at $103.
