Home › Forums › Financial Markets/Economics › jesus the nikkei down 6.04 %
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October 8, 2008 at 8:29 AM #283565October 8, 2008 at 8:42 AM #283238CoronitaParticipant
[quote=stockstradr]I smell a Fool’s Rally building. Of course, last week I smelled one also (betting on that cost me 10% of my portfolio)
Just now I went long again with QLD, starting off with betting 10% of my portfolio. Let’s see how that goes before betting more.
The Big Question now on my mind: will gold keep going up OR if we have a stock market Fool’s Rally, will gold resume its deflationary (short-term) decline?[/quote]
Hey, you didn’t answer my previous question. Do you have a Roth account, and if so, can you short sell from it?
October 8, 2008 at 8:42 AM #283522CoronitaParticipant[quote=stockstradr]I smell a Fool’s Rally building. Of course, last week I smelled one also (betting on that cost me 10% of my portfolio)
Just now I went long again with QLD, starting off with betting 10% of my portfolio. Let’s see how that goes before betting more.
The Big Question now on my mind: will gold keep going up OR if we have a stock market Fool’s Rally, will gold resume its deflationary (short-term) decline?[/quote]
Hey, you didn’t answer my previous question. Do you have a Roth account, and if so, can you short sell from it?
October 8, 2008 at 8:42 AM #283549CoronitaParticipant[quote=stockstradr]I smell a Fool’s Rally building. Of course, last week I smelled one also (betting on that cost me 10% of my portfolio)
Just now I went long again with QLD, starting off with betting 10% of my portfolio. Let’s see how that goes before betting more.
The Big Question now on my mind: will gold keep going up OR if we have a stock market Fool’s Rally, will gold resume its deflationary (short-term) decline?[/quote]
Hey, you didn’t answer my previous question. Do you have a Roth account, and if so, can you short sell from it?
October 8, 2008 at 8:42 AM #283566CoronitaParticipant[quote=stockstradr]I smell a Fool’s Rally building. Of course, last week I smelled one also (betting on that cost me 10% of my portfolio)
Just now I went long again with QLD, starting off with betting 10% of my portfolio. Let’s see how that goes before betting more.
The Big Question now on my mind: will gold keep going up OR if we have a stock market Fool’s Rally, will gold resume its deflationary (short-term) decline?[/quote]
Hey, you didn’t answer my previous question. Do you have a Roth account, and if so, can you short sell from it?
October 8, 2008 at 8:42 AM #283575CoronitaParticipant[quote=stockstradr]I smell a Fool’s Rally building. Of course, last week I smelled one also (betting on that cost me 10% of my portfolio)
Just now I went long again with QLD, starting off with betting 10% of my portfolio. Let’s see how that goes before betting more.
The Big Question now on my mind: will gold keep going up OR if we have a stock market Fool’s Rally, will gold resume its deflationary (short-term) decline?[/quote]
Hey, you didn’t answer my previous question. Do you have a Roth account, and if so, can you short sell from it?
October 8, 2008 at 8:52 AM #283243stockstradrParticipantDo you have a Roth account, and if so, can you short sell from it?
I have a ROTH IRA. I believe Fidelity told me it is NOT possible to directly short stocks from that account because ROTH cannot be a margin account at the same time.
I do have options trading approval on that account. I’m looking at buying calls now on the S&P500 and NASDAQ.
NOTE: on instinct only, I do NOT like gold this morning. Not with markets poised for a Oct stock rally, and gold over $900.
I’m selling gold.
October 8, 2008 at 8:52 AM #283527stockstradrParticipantDo you have a Roth account, and if so, can you short sell from it?
I have a ROTH IRA. I believe Fidelity told me it is NOT possible to directly short stocks from that account because ROTH cannot be a margin account at the same time.
I do have options trading approval on that account. I’m looking at buying calls now on the S&P500 and NASDAQ.
NOTE: on instinct only, I do NOT like gold this morning. Not with markets poised for a Oct stock rally, and gold over $900.
I’m selling gold.
October 8, 2008 at 8:52 AM #283554stockstradrParticipantDo you have a Roth account, and if so, can you short sell from it?
I have a ROTH IRA. I believe Fidelity told me it is NOT possible to directly short stocks from that account because ROTH cannot be a margin account at the same time.
I do have options trading approval on that account. I’m looking at buying calls now on the S&P500 and NASDAQ.
NOTE: on instinct only, I do NOT like gold this morning. Not with markets poised for a Oct stock rally, and gold over $900.
I’m selling gold.
October 8, 2008 at 8:52 AM #283570stockstradrParticipantDo you have a Roth account, and if so, can you short sell from it?
I have a ROTH IRA. I believe Fidelity told me it is NOT possible to directly short stocks from that account because ROTH cannot be a margin account at the same time.
I do have options trading approval on that account. I’m looking at buying calls now on the S&P500 and NASDAQ.
NOTE: on instinct only, I do NOT like gold this morning. Not with markets poised for a Oct stock rally, and gold over $900.
I’m selling gold.
October 8, 2008 at 8:52 AM #283581stockstradrParticipantDo you have a Roth account, and if so, can you short sell from it?
I have a ROTH IRA. I believe Fidelity told me it is NOT possible to directly short stocks from that account because ROTH cannot be a margin account at the same time.
I do have options trading approval on that account. I’m looking at buying calls now on the S&P500 and NASDAQ.
NOTE: on instinct only, I do NOT like gold this morning. Not with markets poised for a Oct stock rally, and gold over $900.
I’m selling gold.
October 8, 2008 at 10:17 AM #283268peterbParticipantI was told you cant trade shorts from IRA account types. Yet, they “let” you trade stocks. The man, always getting in your way with his hosed-up rule. Go for a self-directed out of PENSCO. At least that lets you have some options outside of the stock market. What a scam corporate 401K’s were for wall street! Made a huge differece in the brokerage business.
I would be careful about the gold trades. It’s starting to look like the next bubble. Although I think there may be a liguidation sell-off yet to come this month. I would be buying more at that time. The stock markets lack of resistance at support levels is indicating real strong capitulation. When Creamer and Jubak say to sell, I think that’s about it for this market. Look how moderate the coordinated rate cut is getting…October 8, 2008 at 10:17 AM #283552peterbParticipantI was told you cant trade shorts from IRA account types. Yet, they “let” you trade stocks. The man, always getting in your way with his hosed-up rule. Go for a self-directed out of PENSCO. At least that lets you have some options outside of the stock market. What a scam corporate 401K’s were for wall street! Made a huge differece in the brokerage business.
I would be careful about the gold trades. It’s starting to look like the next bubble. Although I think there may be a liguidation sell-off yet to come this month. I would be buying more at that time. The stock markets lack of resistance at support levels is indicating real strong capitulation. When Creamer and Jubak say to sell, I think that’s about it for this market. Look how moderate the coordinated rate cut is getting…October 8, 2008 at 10:17 AM #283579peterbParticipantI was told you cant trade shorts from IRA account types. Yet, they “let” you trade stocks. The man, always getting in your way with his hosed-up rule. Go for a self-directed out of PENSCO. At least that lets you have some options outside of the stock market. What a scam corporate 401K’s were for wall street! Made a huge differece in the brokerage business.
I would be careful about the gold trades. It’s starting to look like the next bubble. Although I think there may be a liguidation sell-off yet to come this month. I would be buying more at that time. The stock markets lack of resistance at support levels is indicating real strong capitulation. When Creamer and Jubak say to sell, I think that’s about it for this market. Look how moderate the coordinated rate cut is getting…October 8, 2008 at 10:17 AM #283595peterbParticipantI was told you cant trade shorts from IRA account types. Yet, they “let” you trade stocks. The man, always getting in your way with his hosed-up rule. Go for a self-directed out of PENSCO. At least that lets you have some options outside of the stock market. What a scam corporate 401K’s were for wall street! Made a huge differece in the brokerage business.
I would be careful about the gold trades. It’s starting to look like the next bubble. Although I think there may be a liguidation sell-off yet to come this month. I would be buying more at that time. The stock markets lack of resistance at support levels is indicating real strong capitulation. When Creamer and Jubak say to sell, I think that’s about it for this market. Look how moderate the coordinated rate cut is getting… -
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