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my buy in was rouhgly .64 or .65 on yrcw can't remember exactly - i am still far away fm breakeven on that one....ggghhhhhh can't wait to make some $ on that baby
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pure luck Raj. don't beat yourself up over it. I hate the stock market right now because it makes no sense. the only thing I know is that it goes up and makes me money.
-------------------- wide open until you see god, then brake!
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Don't be too surprised Glenn. It happened last time and earnings were great...overall. I would almost guarantee it's gonna go down--big sell-off. I also read somewhere that when it gets to the $1.25-$1.30 range it's overbought. I'm almost thinking of shorting it for a short while....we'll see.
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Raj and TJ, hope you listened to me and did not hold through earnings. Down a bunch in premarket thus far. Raj, you will be pleasantly surprised by your DRV this morning. Hold onto her until the 1230 EST hour at least unless the market makes some weird large reversal.
-------------------- wide open until you see god, then brake!
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I never bought it again Glenn. I was betting on the fact that it would go down. Shoulda shorted it like I said I was gonna do.....still might do just that at some point.
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Careful Glenn, you know how the market can be. It could reverse anytime. Just when you've got it figured out it does the opposite of what you thought or wanted it to do.
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I'm gonna keep a close eye on her. Yesterday the NASDAQ finished up 38 points and DRV finihsed down almost 12%. Today the NASDAQ is up 57 points and DRV is up only 6%. If my calcs and logic are correct, we still have a ways to go.
-------------------- wide open until you see god, then brake!
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YRCW not a buy anymore. That was when it was at .52. TC is def a buy though.
TJ, I think we are seeing that range that FAZ/FAS trade in again. Earnings have had little effect on the market overall. I feel comfortable jumping to FAZ in the $11.50 range or so again.
This is just my observation. People work off of expectations. Think about it. You see it in the workplace. The person that is late everyday gets no backlash. The person that is never late gets a talking to the first time it happens. It's that psychological part of economics I love
On a lighter note, I took nearly a full second from my fastest lap time this weekend at a particular track!
-------------------- wide open until you see god, then brake!
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maybe not. market taking a dump again. gonna wait a bit longer. Right here is where traders get burned. They get emotional like I am right now about losing the money I gained. This is called risk aversion. I have to fight the urge to drop my shorts on this. I have planned my trade, now I need to trade my plan.
-------------------- wide open until you see god, then brake!
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