Forum Replies Created
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AuthorPosts
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stockstradr
ParticipantYes, thank you for posting link to that PDF. Very helpful, especially for flippers like me who walk out of up side ETF’s one day, and trade into a down side ETF’s the next. I can’t keep all the ETF’s in memory.
stockstradr
ParticipantYes, thank you for posting link to that PDF. Very helpful, especially for flippers like me who walk out of up side ETF’s one day, and trade into a down side ETF’s the next. I can’t keep all the ETF’s in memory.
January 23, 2008 at 10:10 AM in reply to: My prediction: DOW -500 tomorrow Tuesday Jan 22, 08…. #141181stockstradr
ParticipantDamn.
Even a die-hard bear like me is stunned. Wow.
On the S&P500 from 1565 down to 1278,-18%, in about three months, and the markets seem to want more blood !
Unreal.This opinion is pure speculation, but here goes….
I think we’re going below 1100 on the S&P500, possibly to 1000. Then start buying. When oil hits $60/bbl, start buying it like its liquid gold. I think it might take 12 to 24 months for oil to fall below $60/bbl. I’m sticking with my shorts to ride oil down like a hell hound.
The only stock I like today is Nokia. I might buy a few shares, looking for a bump tomorrow. Then I’ll dump it.
I’m getting my ass kicked on the gold I bought yesterday. Yes, you can say “I told you so”
Naturally, I’m asking myself WHY on Jan 15th did I dump the 80% of my portfolio that was SHORT this market. Pure stupidity. Oh well. Better not to be greedy when so many are in a world of hurt from these markets.
Oh, one more thing. Someone asked about SSO. Let me share my pain. I went long, buying a little bit of SSO, when S&P500 had fallen to about 1310. I’m now losing so damn much money on that SSO that it is wiping out half my profits on my short oil sector positions. It seems this market grinds bulls into the ground. I should have stuck with being a Bear.
January 23, 2008 at 10:10 AM in reply to: My prediction: DOW -500 tomorrow Tuesday Jan 22, 08…. #141405stockstradr
ParticipantDamn.
Even a die-hard bear like me is stunned. Wow.
On the S&P500 from 1565 down to 1278,-18%, in about three months, and the markets seem to want more blood !
Unreal.This opinion is pure speculation, but here goes….
I think we’re going below 1100 on the S&P500, possibly to 1000. Then start buying. When oil hits $60/bbl, start buying it like its liquid gold. I think it might take 12 to 24 months for oil to fall below $60/bbl. I’m sticking with my shorts to ride oil down like a hell hound.
The only stock I like today is Nokia. I might buy a few shares, looking for a bump tomorrow. Then I’ll dump it.
I’m getting my ass kicked on the gold I bought yesterday. Yes, you can say “I told you so”
Naturally, I’m asking myself WHY on Jan 15th did I dump the 80% of my portfolio that was SHORT this market. Pure stupidity. Oh well. Better not to be greedy when so many are in a world of hurt from these markets.
Oh, one more thing. Someone asked about SSO. Let me share my pain. I went long, buying a little bit of SSO, when S&P500 had fallen to about 1310. I’m now losing so damn much money on that SSO that it is wiping out half my profits on my short oil sector positions. It seems this market grinds bulls into the ground. I should have stuck with being a Bear.
January 23, 2008 at 10:10 AM in reply to: My prediction: DOW -500 tomorrow Tuesday Jan 22, 08…. #141420stockstradr
ParticipantDamn.
Even a die-hard bear like me is stunned. Wow.
On the S&P500 from 1565 down to 1278,-18%, in about three months, and the markets seem to want more blood !
Unreal.This opinion is pure speculation, but here goes….
I think we’re going below 1100 on the S&P500, possibly to 1000. Then start buying. When oil hits $60/bbl, start buying it like its liquid gold. I think it might take 12 to 24 months for oil to fall below $60/bbl. I’m sticking with my shorts to ride oil down like a hell hound.
The only stock I like today is Nokia. I might buy a few shares, looking for a bump tomorrow. Then I’ll dump it.
I’m getting my ass kicked on the gold I bought yesterday. Yes, you can say “I told you so”
Naturally, I’m asking myself WHY on Jan 15th did I dump the 80% of my portfolio that was SHORT this market. Pure stupidity. Oh well. Better not to be greedy when so many are in a world of hurt from these markets.
Oh, one more thing. Someone asked about SSO. Let me share my pain. I went long, buying a little bit of SSO, when S&P500 had fallen to about 1310. I’m now losing so damn much money on that SSO that it is wiping out half my profits on my short oil sector positions. It seems this market grinds bulls into the ground. I should have stuck with being a Bear.
January 23, 2008 at 10:10 AM in reply to: My prediction: DOW -500 tomorrow Tuesday Jan 22, 08…. #141449stockstradr
ParticipantDamn.
Even a die-hard bear like me is stunned. Wow.
On the S&P500 from 1565 down to 1278,-18%, in about three months, and the markets seem to want more blood !
Unreal.This opinion is pure speculation, but here goes….
I think we’re going below 1100 on the S&P500, possibly to 1000. Then start buying. When oil hits $60/bbl, start buying it like its liquid gold. I think it might take 12 to 24 months for oil to fall below $60/bbl. I’m sticking with my shorts to ride oil down like a hell hound.
The only stock I like today is Nokia. I might buy a few shares, looking for a bump tomorrow. Then I’ll dump it.
I’m getting my ass kicked on the gold I bought yesterday. Yes, you can say “I told you so”
Naturally, I’m asking myself WHY on Jan 15th did I dump the 80% of my portfolio that was SHORT this market. Pure stupidity. Oh well. Better not to be greedy when so many are in a world of hurt from these markets.
Oh, one more thing. Someone asked about SSO. Let me share my pain. I went long, buying a little bit of SSO, when S&P500 had fallen to about 1310. I’m now losing so damn much money on that SSO that it is wiping out half my profits on my short oil sector positions. It seems this market grinds bulls into the ground. I should have stuck with being a Bear.
January 23, 2008 at 10:10 AM in reply to: My prediction: DOW -500 tomorrow Tuesday Jan 22, 08…. #141505stockstradr
ParticipantDamn.
Even a die-hard bear like me is stunned. Wow.
On the S&P500 from 1565 down to 1278,-18%, in about three months, and the markets seem to want more blood !
Unreal.This opinion is pure speculation, but here goes….
I think we’re going below 1100 on the S&P500, possibly to 1000. Then start buying. When oil hits $60/bbl, start buying it like its liquid gold. I think it might take 12 to 24 months for oil to fall below $60/bbl. I’m sticking with my shorts to ride oil down like a hell hound.
The only stock I like today is Nokia. I might buy a few shares, looking for a bump tomorrow. Then I’ll dump it.
I’m getting my ass kicked on the gold I bought yesterday. Yes, you can say “I told you so”
Naturally, I’m asking myself WHY on Jan 15th did I dump the 80% of my portfolio that was SHORT this market. Pure stupidity. Oh well. Better not to be greedy when so many are in a world of hurt from these markets.
Oh, one more thing. Someone asked about SSO. Let me share my pain. I went long, buying a little bit of SSO, when S&P500 had fallen to about 1310. I’m now losing so damn much money on that SSO that it is wiping out half my profits on my short oil sector positions. It seems this market grinds bulls into the ground. I should have stuck with being a Bear.
January 22, 2008 at 10:05 AM in reply to: My prediction: DOW -500 tomorrow Tuesday Jan 22, 08…. #140629stockstradr
ParticipantHere’s how my morning went.
Naturally, I got up early (6AM) to watch the Grand Show on Bloomberg, starting with the ringing of the NYSE opening bell. (How would you like to be the guest who happened to get TODAY to ring that Opening Bell!)
It really is damn scary to watch the markets open down over 400 points. Wow.
Twenty minutes into trading I saw the markets immediately had strength and every instinct in my body told me to BUY the S&P500 long. But I didn’t have the guts to “walk into the fire.”
Then to see those buy trades from the market pro’s start coming in just as the market was down 400 points. Those are people with nerves of steel, just walking into that storm and start BUYING like mad even though the market was down 400 points. That really is damn impressive. That is real courage under fire.
I went with safety. I saw that gold showed strength even before the NYSE opened, just on that 3/4 point rate cut. So I moved 25% of my portfolio into gold today, only about 20 minutes after the NYSE opening bell. So far, gold continues to move up.
DID you see commodity exchanges were trading gold at $850 early this morning! I found myself thinking, “I WISH had a trading account in a metals exchange so I could buy at $850.”
One of the problems I had today is that several of my retirement accounts were FROZEN in ETRADE due to my having submitted to Fidelity the request those accounts be moved to Fidelity. Those are the last remaining accounts at ETRADE; the others have already moved to Fidelity. In one of those frozen ETRADE accounts I had that previous stupid purchase of $35,000 2X leveraged long position on the S&P500. YES, 2X leveraged and the market is moving in the opposite direction. Sucks. Talk about BAD TIMING. That was NOT a good feeling this morning knowing I was going to lose significant money on that stupid bet. As of now, I’m down $2500 on that bet overall.
I tried to sell all those short oil sector positions this morning when we were down 400 on the DOW. I was up 25% on those positions. It was time to sell. I clicked “SELL” and ETRADE replied, “Sorry, this account is FROZEN due to transfer of assets.”
Bastards
πETRADE is getting even with me for abandoning them in their darkest hour!
Hey, I found out yesterday you can order a Kg (32 oz) weight gold bar for $28,000, and have the post office deliver it to your door. I’m not sure I would trust my local mailman to safely deliver twenty-eight grand of gold!
January 22, 2008 at 10:05 AM in reply to: My prediction: DOW -500 tomorrow Tuesday Jan 22, 08…. #140852stockstradr
ParticipantHere’s how my morning went.
Naturally, I got up early (6AM) to watch the Grand Show on Bloomberg, starting with the ringing of the NYSE opening bell. (How would you like to be the guest who happened to get TODAY to ring that Opening Bell!)
It really is damn scary to watch the markets open down over 400 points. Wow.
Twenty minutes into trading I saw the markets immediately had strength and every instinct in my body told me to BUY the S&P500 long. But I didn’t have the guts to “walk into the fire.”
Then to see those buy trades from the market pro’s start coming in just as the market was down 400 points. Those are people with nerves of steel, just walking into that storm and start BUYING like mad even though the market was down 400 points. That really is damn impressive. That is real courage under fire.
I went with safety. I saw that gold showed strength even before the NYSE opened, just on that 3/4 point rate cut. So I moved 25% of my portfolio into gold today, only about 20 minutes after the NYSE opening bell. So far, gold continues to move up.
DID you see commodity exchanges were trading gold at $850 early this morning! I found myself thinking, “I WISH had a trading account in a metals exchange so I could buy at $850.”
One of the problems I had today is that several of my retirement accounts were FROZEN in ETRADE due to my having submitted to Fidelity the request those accounts be moved to Fidelity. Those are the last remaining accounts at ETRADE; the others have already moved to Fidelity. In one of those frozen ETRADE accounts I had that previous stupid purchase of $35,000 2X leveraged long position on the S&P500. YES, 2X leveraged and the market is moving in the opposite direction. Sucks. Talk about BAD TIMING. That was NOT a good feeling this morning knowing I was going to lose significant money on that stupid bet. As of now, I’m down $2500 on that bet overall.
I tried to sell all those short oil sector positions this morning when we were down 400 on the DOW. I was up 25% on those positions. It was time to sell. I clicked “SELL” and ETRADE replied, “Sorry, this account is FROZEN due to transfer of assets.”
Bastards
πETRADE is getting even with me for abandoning them in their darkest hour!
Hey, I found out yesterday you can order a Kg (32 oz) weight gold bar for $28,000, and have the post office deliver it to your door. I’m not sure I would trust my local mailman to safely deliver twenty-eight grand of gold!
January 22, 2008 at 10:05 AM in reply to: My prediction: DOW -500 tomorrow Tuesday Jan 22, 08…. #140869stockstradr
ParticipantHere’s how my morning went.
Naturally, I got up early (6AM) to watch the Grand Show on Bloomberg, starting with the ringing of the NYSE opening bell. (How would you like to be the guest who happened to get TODAY to ring that Opening Bell!)
It really is damn scary to watch the markets open down over 400 points. Wow.
Twenty minutes into trading I saw the markets immediately had strength and every instinct in my body told me to BUY the S&P500 long. But I didn’t have the guts to “walk into the fire.”
Then to see those buy trades from the market pro’s start coming in just as the market was down 400 points. Those are people with nerves of steel, just walking into that storm and start BUYING like mad even though the market was down 400 points. That really is damn impressive. That is real courage under fire.
I went with safety. I saw that gold showed strength even before the NYSE opened, just on that 3/4 point rate cut. So I moved 25% of my portfolio into gold today, only about 20 minutes after the NYSE opening bell. So far, gold continues to move up.
DID you see commodity exchanges were trading gold at $850 early this morning! I found myself thinking, “I WISH had a trading account in a metals exchange so I could buy at $850.”
One of the problems I had today is that several of my retirement accounts were FROZEN in ETRADE due to my having submitted to Fidelity the request those accounts be moved to Fidelity. Those are the last remaining accounts at ETRADE; the others have already moved to Fidelity. In one of those frozen ETRADE accounts I had that previous stupid purchase of $35,000 2X leveraged long position on the S&P500. YES, 2X leveraged and the market is moving in the opposite direction. Sucks. Talk about BAD TIMING. That was NOT a good feeling this morning knowing I was going to lose significant money on that stupid bet. As of now, I’m down $2500 on that bet overall.
I tried to sell all those short oil sector positions this morning when we were down 400 on the DOW. I was up 25% on those positions. It was time to sell. I clicked “SELL” and ETRADE replied, “Sorry, this account is FROZEN due to transfer of assets.”
Bastards
πETRADE is getting even with me for abandoning them in their darkest hour!
Hey, I found out yesterday you can order a Kg (32 oz) weight gold bar for $28,000, and have the post office deliver it to your door. I’m not sure I would trust my local mailman to safely deliver twenty-eight grand of gold!
January 22, 2008 at 10:05 AM in reply to: My prediction: DOW -500 tomorrow Tuesday Jan 22, 08…. #140895stockstradr
ParticipantHere’s how my morning went.
Naturally, I got up early (6AM) to watch the Grand Show on Bloomberg, starting with the ringing of the NYSE opening bell. (How would you like to be the guest who happened to get TODAY to ring that Opening Bell!)
It really is damn scary to watch the markets open down over 400 points. Wow.
Twenty minutes into trading I saw the markets immediately had strength and every instinct in my body told me to BUY the S&P500 long. But I didn’t have the guts to “walk into the fire.”
Then to see those buy trades from the market pro’s start coming in just as the market was down 400 points. Those are people with nerves of steel, just walking into that storm and start BUYING like mad even though the market was down 400 points. That really is damn impressive. That is real courage under fire.
I went with safety. I saw that gold showed strength even before the NYSE opened, just on that 3/4 point rate cut. So I moved 25% of my portfolio into gold today, only about 20 minutes after the NYSE opening bell. So far, gold continues to move up.
DID you see commodity exchanges were trading gold at $850 early this morning! I found myself thinking, “I WISH had a trading account in a metals exchange so I could buy at $850.”
One of the problems I had today is that several of my retirement accounts were FROZEN in ETRADE due to my having submitted to Fidelity the request those accounts be moved to Fidelity. Those are the last remaining accounts at ETRADE; the others have already moved to Fidelity. In one of those frozen ETRADE accounts I had that previous stupid purchase of $35,000 2X leveraged long position on the S&P500. YES, 2X leveraged and the market is moving in the opposite direction. Sucks. Talk about BAD TIMING. That was NOT a good feeling this morning knowing I was going to lose significant money on that stupid bet. As of now, I’m down $2500 on that bet overall.
I tried to sell all those short oil sector positions this morning when we were down 400 on the DOW. I was up 25% on those positions. It was time to sell. I clicked “SELL” and ETRADE replied, “Sorry, this account is FROZEN due to transfer of assets.”
Bastards
πETRADE is getting even with me for abandoning them in their darkest hour!
Hey, I found out yesterday you can order a Kg (32 oz) weight gold bar for $28,000, and have the post office deliver it to your door. I’m not sure I would trust my local mailman to safely deliver twenty-eight grand of gold!
January 22, 2008 at 10:05 AM in reply to: My prediction: DOW -500 tomorrow Tuesday Jan 22, 08…. #140947stockstradr
ParticipantHere’s how my morning went.
Naturally, I got up early (6AM) to watch the Grand Show on Bloomberg, starting with the ringing of the NYSE opening bell. (How would you like to be the guest who happened to get TODAY to ring that Opening Bell!)
It really is damn scary to watch the markets open down over 400 points. Wow.
Twenty minutes into trading I saw the markets immediately had strength and every instinct in my body told me to BUY the S&P500 long. But I didn’t have the guts to “walk into the fire.”
Then to see those buy trades from the market pro’s start coming in just as the market was down 400 points. Those are people with nerves of steel, just walking into that storm and start BUYING like mad even though the market was down 400 points. That really is damn impressive. That is real courage under fire.
I went with safety. I saw that gold showed strength even before the NYSE opened, just on that 3/4 point rate cut. So I moved 25% of my portfolio into gold today, only about 20 minutes after the NYSE opening bell. So far, gold continues to move up.
DID you see commodity exchanges were trading gold at $850 early this morning! I found myself thinking, “I WISH had a trading account in a metals exchange so I could buy at $850.”
One of the problems I had today is that several of my retirement accounts were FROZEN in ETRADE due to my having submitted to Fidelity the request those accounts be moved to Fidelity. Those are the last remaining accounts at ETRADE; the others have already moved to Fidelity. In one of those frozen ETRADE accounts I had that previous stupid purchase of $35,000 2X leveraged long position on the S&P500. YES, 2X leveraged and the market is moving in the opposite direction. Sucks. Talk about BAD TIMING. That was NOT a good feeling this morning knowing I was going to lose significant money on that stupid bet. As of now, I’m down $2500 on that bet overall.
I tried to sell all those short oil sector positions this morning when we were down 400 on the DOW. I was up 25% on those positions. It was time to sell. I clicked “SELL” and ETRADE replied, “Sorry, this account is FROZEN due to transfer of assets.”
Bastards
πETRADE is getting even with me for abandoning them in their darkest hour!
Hey, I found out yesterday you can order a Kg (32 oz) weight gold bar for $28,000, and have the post office deliver it to your door. I’m not sure I would trust my local mailman to safely deliver twenty-eight grand of gold!
January 22, 2008 at 7:16 AM in reply to: My prediction: DOW -500 tomorrow Tuesday Jan 22, 08…. #140541stockstradr
ParticipantWhen I shorted the oil sector several months ago, many on here laughed. Whatever. I’m now laughing my way to the bank. I’m up 25% net on that bet.
Yesterday the forum convinced me to cancel my BUY orders for GLD (gold ETF). I was stupid to listen. Well, I can at least realize a mistake. I am BUYING GOLD my friends. When the stupid Fed cuts rates 3/4 point, you buy gold.
January 22, 2008 at 7:16 AM in reply to: My prediction: DOW -500 tomorrow Tuesday Jan 22, 08…. #140762stockstradr
ParticipantWhen I shorted the oil sector several months ago, many on here laughed. Whatever. I’m now laughing my way to the bank. I’m up 25% net on that bet.
Yesterday the forum convinced me to cancel my BUY orders for GLD (gold ETF). I was stupid to listen. Well, I can at least realize a mistake. I am BUYING GOLD my friends. When the stupid Fed cuts rates 3/4 point, you buy gold.
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