Cosmic's MarketPlace Wrap - 1/18/2011

[cosmic]

I noticed a buy spike right when the Dow hit 65+ and a lot of issues hit a high right there, then the Dow retreated back to the high 40+ area. Strength came back in from that point.

I strong suspect we gap over 1300 tomorrow. That's my story I'm sticking with it.

Under the covers there is some selling going on as we hit these altitudes, so I also imagine some shorting. Question is whether those who are shorting can win.

No trades today, watching SQNM do it's thing.

Hope everyone made some money today and will do so tomorrow. Members, please post your results along with your RDA of new and improved smileys!

[Rich]

more of the same, btd type stuff.

Could've traded the fas long or the dow short. Both woulda worked.

but I didn't.

Full steam ahead.

market going higher.

[benvestor]

I need to use stops..

live to trade another day tho

that is all i303.photobucket.com/albums/nn156/M5Newbie/smileys/hit-23.gif[/IMG

[tajmahal9898]

no trades..

MU was red today for a change.. very close to the b/e price.. it almost touched 9.6 today...

Still keeping my fingers crossed.. this MU position is costing me a lot on missed opportunities.

[timber]

i sucked today so i did my usual short tza and vxx....im up on mnkd again but i really need to learn how to hold things longer

[demanuel2001]

I sucked too. Bought some more LVS and watched it fall lower - still I like my time decay. Also bought 6k shares of MPEL figuring that they are due for some appreciation this year. Net net down 1/2% again. Still up 6% for the year.

[exabi]

Traded AAPL Jan 325 Calls for about 35%, originally bought this am with the idea of holding thru earnings, but sold mid afternoon.

[kbk3ck]

Bought $5K worth of KRU and added another $5K more TNA to the grab bag of 3Xs.