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| Eman93 4,750 posts msg #61812 - Ignore Eman93 modified |
4/25/2008 10:11:42 AM S&P in the red!!!!! but bulls trying to fight back! OK thats my last play by play. |
| Eman93 4,750 posts msg #61813 - Ignore Eman93 modified |
4/25/2008 10:27:14 AM . |
| johnpaulca 12,036 posts msg #61814 - Ignore johnpaulca modified |
4/25/2008 10:36:21 AM WFR...took up a small position@71.25...stop@70.50...cancelled my stop, will wait and see if it closes below 100ema then get out. |
| nikoschopen 2,824 posts msg #61816 - Ignore nikoschopen |
4/25/2008 10:40:51 AM Is it just me or with the VIX low the S&P heading to resistance 1400, consumer confidence at record lows, gas at $3.50 this thing is going down in flames? I am out of everyting right now These are skittish time for the bears. Every time you believe the market is on the verge of death, it would invariably rear its ugly head. When the grim reports come in with very dour outlook, the market decides the turn a blind eye. Even when a company like Microsoft or Apple guides lower, the market doesn't give a damn. What can you expect when ure mama loses her house? The market is a silly bitch, as I'm told. At any rate, today will be a make-or-break day. If we can't close above 1400, I don't think we ever will for some time to come. I'll leave the rest to ure own imagination. |
| Eman93 4,750 posts msg #61817 - Ignore Eman93 modified |
4/25/2008 10:50:25 AM I am learning that, a lot of what happens with individual stocks is ilogical, but i do understand this is a big day for the market. It seems to be a lot like golf, if you want to hit a draw you gotta swing out to the right. Still waiting to jump in |
| nikoschopen 2,824 posts msg #61818 - Ignore nikoschopen |
4/25/2008 11:00:19 AM
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| nikoschopen 2,824 posts msg #61820 - Ignore nikoschopen |
4/25/2008 11:14:01 AM Ooohhh la la, S&P is in a freefall. |
| ctrout 122 posts msg #61822 - Ignore ctrout |
4/25/2008 11:50:45 AM JP, nice exit on PSYS. I shorted the XLF this am off the trendline from 2-27. Employing a tight stop if it reverses. Still in $RUT puts. Lowered stops to Breakeven. Lowered stop on OIH to 203 to protect profits. Certainly I'm in the bearish camp but this market has a lot of bulls left. I hope the dollars rallies some more as US goods will be more expensive and that could trash the market. Either way I will follow the markets and try not to predict. |
| johnpaulca 12,036 posts msg #61823 - Ignore johnpaulca |
4/25/2008 12:00:21 PM ctrout: I see ure are awake (<: -do you have feed yet? still have time to enter tim.to. Notice ya been tearing up the market, nice job....I have my beer money for the weekend, just hoping the snow would melt soon, we received 25cm this week...yuk. |
| ctrout 122 posts msg #61830 - Ignore ctrout |
4/25/2008 12:39:16 PM Hi JP, Sounds like you live where I like to fish. I'm in Los .Angeles Area. Do you live in Canada? (I see you use the metric system in counting) My feed should be back up on Monday. Tyring to be more disciplined with my trades. I have to let my equities have a bit more room though. Not very patient. BTW, I posted a reply to your Canadian Stock Thread. What do you think of EIT.UN. I got a bit spooked when I found out they use leverage. |
Nightmare Re-habilitated or Re-visited?: Desperate times call for desperate measures as Freddie (as in Mac not Krueger) has been given a get out of jail free card (resurrected from the dead) and is wasting little time ramping up its purchases (terrorizing) to put the taxpayer (innocent bystanders) at risk. "The government-sponsored enterprise said it entered contracts to buy $43.5 billion in loans last month, sharply up from $14.8 billion on February. Its portfolio increased to $712.5 billion in the month from $709.5 billion in February." (Reuters)
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