Forum Replies Created
-
AuthorPosts
-
mercedes7
Participantstocktadr..
You and I think alike. Got into UCO 2 days ago and sold for a nice 27% gain. If/when oil retraces from these levels, will look to get back in. Also bought TBT (small position)- will add in the coming weeks. I agree the market could go higher, but it is really overbought right now and has gone up on low volume, so who knows what next week might bring. I am not ready to go long here! What do you think about SRS? Thinking about taking a very small position. It was up today despite the up day. REITS are finally starting to roll over.
Participantstocktadr..
You and I think alike. Got into UCO 2 days ago and sold for a nice 27% gain. If/when oil retraces from these levels, will look to get back in. Also bought TBT (small position)- will add in the coming weeks. I agree the market could go higher, but it is really overbought right now and has gone up on low volume, so who knows what next week might bring. I am not ready to go long here! What do you think about SRS? Thinking about taking a very small position. It was up today despite the up day. REITS are finally starting to roll over.
Participantstocktadr..
You and I think alike. Got into UCO 2 days ago and sold for a nice 27% gain. If/when oil retraces from these levels, will look to get back in. Also bought TBT (small position)- will add in the coming weeks. I agree the market could go higher, but it is really overbought right now and has gone up on low volume, so who knows what next week might bring. I am not ready to go long here! What do you think about SRS? Thinking about taking a very small position. It was up today despite the up day. REITS are finally starting to roll over.
Participantstocktadr..
You and I think alike. Got into UCO 2 days ago and sold for a nice 27% gain. If/when oil retraces from these levels, will look to get back in. Also bought TBT (small position)- will add in the coming weeks. I agree the market could go higher, but it is really overbought right now and has gone up on low volume, so who knows what next week might bring. I am not ready to go long here! What do you think about SRS? Thinking about taking a very small position. It was up today despite the up day. REITS are finally starting to roll over.
December 11, 2008 at 10:33 PM in reply to: How high goes the rally on Obama infrastructure spending? #314566ParticipantYes, I’m just looking at that. Will likely be a wild ride tomorrow. If rumor starts that the autos get funds from the TARP, then my guess is market will rally back. Will probably come back or go up at the close as has been the trend lately on Friday afternoon. Actually, these late Friday rallys just looks like short covering and will likely be more dramatic tomorrow especially if the auto deal is not resolved by then.
Peterb…do you still think we will rally to the 1000 level on the spx?
December 11, 2008 at 10:33 PM in reply to: How high goes the rally on Obama infrastructure spending? #314923ParticipantYes, I’m just looking at that. Will likely be a wild ride tomorrow. If rumor starts that the autos get funds from the TARP, then my guess is market will rally back. Will probably come back or go up at the close as has been the trend lately on Friday afternoon. Actually, these late Friday rallys just looks like short covering and will likely be more dramatic tomorrow especially if the auto deal is not resolved by then.
Peterb…do you still think we will rally to the 1000 level on the spx?
December 11, 2008 at 10:33 PM in reply to: How high goes the rally on Obama infrastructure spending? #314956ParticipantYes, I’m just looking at that. Will likely be a wild ride tomorrow. If rumor starts that the autos get funds from the TARP, then my guess is market will rally back. Will probably come back or go up at the close as has been the trend lately on Friday afternoon. Actually, these late Friday rallys just looks like short covering and will likely be more dramatic tomorrow especially if the auto deal is not resolved by then.
Peterb…do you still think we will rally to the 1000 level on the spx?
December 11, 2008 at 10:33 PM in reply to: How high goes the rally on Obama infrastructure spending? #314979ParticipantYes, I’m just looking at that. Will likely be a wild ride tomorrow. If rumor starts that the autos get funds from the TARP, then my guess is market will rally back. Will probably come back or go up at the close as has been the trend lately on Friday afternoon. Actually, these late Friday rallys just looks like short covering and will likely be more dramatic tomorrow especially if the auto deal is not resolved by then.
Peterb…do you still think we will rally to the 1000 level on the spx?
December 11, 2008 at 10:33 PM in reply to: How high goes the rally on Obama infrastructure spending? #315050ParticipantYes, I’m just looking at that. Will likely be a wild ride tomorrow. If rumor starts that the autos get funds from the TARP, then my guess is market will rally back. Will probably come back or go up at the close as has been the trend lately on Friday afternoon. Actually, these late Friday rallys just looks like short covering and will likely be more dramatic tomorrow especially if the auto deal is not resolved by then.
Peterb…do you still think we will rally to the 1000 level on the spx?
December 11, 2008 at 9:52 PM in reply to: How high goes the rally on Obama infrastructure spending? #314521ParticipantWow, interesting developments today/tonight. I have to admit, got caught up in the idea that we might rally given the relative strength and the fact that all the (stupid) talking heads talking about a Obama rally/santa claus rally. At the same time, thought we would stall out between 890 and 950 on the spx. The clue was in the bond market. Almost pulled the trigger on SKF at 105 and hesitated. My bad. Still think, the auto industry will get something and the stupid market will rally. THAT will be the time to get in for a short even if it is just a short term trade. Wish I had gone with my gut! The difference about this “recession” is that it is GLOBAL. We are getting hit on all sides – no demand, domestic or foreign. Best to all.
December 11, 2008 at 9:52 PM in reply to: How high goes the rally on Obama infrastructure spending? #314878ParticipantWow, interesting developments today/tonight. I have to admit, got caught up in the idea that we might rally given the relative strength and the fact that all the (stupid) talking heads talking about a Obama rally/santa claus rally. At the same time, thought we would stall out between 890 and 950 on the spx. The clue was in the bond market. Almost pulled the trigger on SKF at 105 and hesitated. My bad. Still think, the auto industry will get something and the stupid market will rally. THAT will be the time to get in for a short even if it is just a short term trade. Wish I had gone with my gut! The difference about this “recession” is that it is GLOBAL. We are getting hit on all sides – no demand, domestic or foreign. Best to all.
December 11, 2008 at 9:52 PM in reply to: How high goes the rally on Obama infrastructure spending? #314911ParticipantWow, interesting developments today/tonight. I have to admit, got caught up in the idea that we might rally given the relative strength and the fact that all the (stupid) talking heads talking about a Obama rally/santa claus rally. At the same time, thought we would stall out between 890 and 950 on the spx. The clue was in the bond market. Almost pulled the trigger on SKF at 105 and hesitated. My bad. Still think, the auto industry will get something and the stupid market will rally. THAT will be the time to get in for a short even if it is just a short term trade. Wish I had gone with my gut! The difference about this “recession” is that it is GLOBAL. We are getting hit on all sides – no demand, domestic or foreign. Best to all.
December 11, 2008 at 9:52 PM in reply to: How high goes the rally on Obama infrastructure spending? #314934ParticipantWow, interesting developments today/tonight. I have to admit, got caught up in the idea that we might rally given the relative strength and the fact that all the (stupid) talking heads talking about a Obama rally/santa claus rally. At the same time, thought we would stall out between 890 and 950 on the spx. The clue was in the bond market. Almost pulled the trigger on SKF at 105 and hesitated. My bad. Still think, the auto industry will get something and the stupid market will rally. THAT will be the time to get in for a short even if it is just a short term trade. Wish I had gone with my gut! The difference about this “recession” is that it is GLOBAL. We are getting hit on all sides – no demand, domestic or foreign. Best to all.
December 11, 2008 at 9:52 PM in reply to: How high goes the rally on Obama infrastructure spending? #315005ParticipantWow, interesting developments today/tonight. I have to admit, got caught up in the idea that we might rally given the relative strength and the fact that all the (stupid) talking heads talking about a Obama rally/santa claus rally. At the same time, thought we would stall out between 890 and 950 on the spx. The clue was in the bond market. Almost pulled the trigger on SKF at 105 and hesitated. My bad. Still think, the auto industry will get something and the stupid market will rally. THAT will be the time to get in for a short even if it is just a short term trade. Wish I had gone with my gut! The difference about this “recession” is that it is GLOBAL. We are getting hit on all sides – no demand, domestic or foreign. Best to all.
-
AuthorPosts
