Market down 2% at noon hour

[Coronita]

stockstradr ,

Don't take it personally. I just find people's trading patterns pretty entertaining. Usually people feel they're on top of the world when the market's in the direction they are positioned in. Very few people like to talk about days when they 20%+ down.

I have a simple rule about who is professional and who isn't. Professional traders that I have met never post their trades with 99% conviction they are right. Just like pro poker players don't talk about their hands.

I won't be jabbing at you about DUG, since I'm pretty much knee deep in this one myself, though it may be an issue when/if there's that 50pt basis cut if anyday now. 

I'm curious. Who here is in a hole for 2008? Come on fess up…. Me first, I'm $40k in the hole right now, going on  $60k if intel opens at the price that it traded ah, despite even sinking more money in today. I should post my holdings so real people that want to make money can just do the opposite of what I do, and we can split the profits 50/50 LOL.

 

 

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[sdappraiser]

Stockstradr,

Post your trade tickets (remove your personal info) or go away. Your credibility is shot and your trading strategies suspect with all your inconsistencies.

4 months ago you didn’t know the difference between an ETF and a mutual fund. It sounds like you still don’t understand what DUG is because you are not short OIL you are effectivly short XOM and CVX (40%) and 84 other energy stocks.

http://www.proshares.com/funds/dug.html?Index

Get a clue.

[sdappraiser]

Stockstradr,

Post your trade tickets (remove your personal info) or go away. Your credibility is shot and your trading strategies suspect with all your inconsistencies.

4 months ago you didn’t know the difference between an ETF and a mutual fund. It sounds like you still don’t understand what DUG is because you are not short OIL you are effectivly short XOM and CVX (40%) and 84 other energy stocks.

http://www.proshares.com/funds/dug.html?Index

Get a clue.

[sdappraiser]

Stockstradr,

Post your trade tickets (remove your personal info) or go away. Your credibility is shot and your trading strategies suspect with all your inconsistencies.

4 months ago you didn’t know the difference between an ETF and a mutual fund. It sounds like you still don’t understand what DUG is because you are not short OIL you are effectivly short XOM and CVX (40%) and 84 other energy stocks.

http://www.proshares.com/funds/dug.html?Index

Get a clue.

[sdappraiser]

Stockstradr,

Post your trade tickets (remove your personal info) or go away. Your credibility is shot and your trading strategies suspect with all your inconsistencies.

4 months ago you didn’t know the difference between an ETF and a mutual fund. It sounds like you still don’t understand what DUG is because you are not short OIL you are effectivly short XOM and CVX (40%) and 84 other energy stocks.

http://www.proshares.com/funds/dug.html?Index

Get a clue.

[sdappraiser]

Stockstradr,

Post your trade tickets (remove your personal info) or go away. Your credibility is shot and your trading strategies suspect with all your inconsistencies.

4 months ago you didn’t know the difference between an ETF and a mutual fund. It sounds like you still don’t understand what DUG is because you are not short OIL you are effectivly short XOM and CVX (40%) and 84 other energy stocks.

http://www.proshares.com/funds/dug.html?Index

Get a clue.

[HereWeGo]

Let’s not talk about 2007 *ahem*, although my retirement stuff grew, thankfully. Part of me wants to expound on the first half of that statement, but the rest of me wants to club that part like a baby seal.

Anyway, for 2008, I still like puts/shorts on EEM. Buy on a rally after the Fed cuts. There is no way those markets stay hot if we roll over. No. Way.

Plus EEM was just about the one sure-fire pick of every money guy on CNBC around Jan 1, and that’s often the kiss of death.

That said, keep your stops tight on that kind of trade, always.

[HereWeGo]

Let’s not talk about 2007 *ahem*, although my retirement stuff grew, thankfully. Part of me wants to expound on the first half of that statement, but the rest of me wants to club that part like a baby seal.

Anyway, for 2008, I still like puts/shorts on EEM. Buy on a rally after the Fed cuts. There is no way those markets stay hot if we roll over. No. Way.

Plus EEM was just about the one sure-fire pick of every money guy on CNBC around Jan 1, and that’s often the kiss of death.

That said, keep your stops tight on that kind of trade, always.

[HereWeGo]

Let’s not talk about 2007 *ahem*, although my retirement stuff grew, thankfully. Part of me wants to expound on the first half of that statement, but the rest of me wants to club that part like a baby seal.

Anyway, for 2008, I still like puts/shorts on EEM. Buy on a rally after the Fed cuts. There is no way those markets stay hot if we roll over. No. Way.

Plus EEM was just about the one sure-fire pick of every money guy on CNBC around Jan 1, and that’s often the kiss of death.

That said, keep your stops tight on that kind of trade, always.

[HereWeGo]

Let’s not talk about 2007 *ahem*, although my retirement stuff grew, thankfully. Part of me wants to expound on the first half of that statement, but the rest of me wants to club that part like a baby seal.

Anyway, for 2008, I still like puts/shorts on EEM. Buy on a rally after the Fed cuts. There is no way those markets stay hot if we roll over. No. Way.

Plus EEM was just about the one sure-fire pick of every money guy on CNBC around Jan 1, and that’s often the kiss of death.

That said, keep your stops tight on that kind of trade, always.

[HereWeGo]

Let’s not talk about 2007 *ahem*, although my retirement stuff grew, thankfully. Part of me wants to expound on the first half of that statement, but the rest of me wants to club that part like a baby seal.

Anyway, for 2008, I still like puts/shorts on EEM. Buy on a rally after the Fed cuts. There is no way those markets stay hot if we roll over. No. Way.

Plus EEM was just about the one sure-fire pick of every money guy on CNBC around Jan 1, and that’s often the kiss of death.

That said, keep your stops tight on that kind of trade, always.

[Mayer]

“I’m curious. Who here is in a hole for 2008? Come on fess up….”

Only a few hundred, and despite the negligible amount, quite annoyed for some reason.

Guess I should be happy considering the current circumstances.

[Mayer]

“I’m curious. Who here is in a hole for 2008? Come on fess up….”

Only a few hundred, and despite the negligible amount, quite annoyed for some reason.

Guess I should be happy considering the current circumstances.

[Mayer]

“I’m curious. Who here is in a hole for 2008? Come on fess up….”

Only a few hundred, and despite the negligible amount, quite annoyed for some reason.

Guess I should be happy considering the current circumstances.

[Mayer]

“I’m curious. Who here is in a hole for 2008? Come on fess up….”

Only a few hundred, and despite the negligible amount, quite annoyed for some reason.

Guess I should be happy considering the current circumstances.

[Author]

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