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Post by brosin on Nov 26, 2010 13:39:08 GMT -5
(filling in for cos) Turkey Hangover Edition ;D I hope everyone got a chance to enjoy some great food and the company of loved ones. As a result of the turkey hangover, I only saw about a half hour of action today, and most of the charts looked like penny stocks (very little liquidity). Since today was probably a day defined as one where "they" could take the market anywhere they wanted, I almost think it could seem bullish for Monday at face value. My thoughts last night surrounded a scenario where whatever direction we went today was the head fake; so in that sense, I'm glad we were down No trades for me today anywhere. Hope everyone made some money and will do so next week! Regulars, please post your results along with your RDA of smileys.
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Post by brosin on Nov 26, 2010 13:47:23 GMT -5
And sorry to be the first, but I will get my boring wrap out of the way as I'm going to be out for the day Real Life FFR was level at .20% - I still think it is a pretty stable sign that we closed this week here; there were a few different tremors and the VIX is climbing, but lending has not really noticed and sits only .01% off its recent high, and .02% off its 7 month high. My FAS was red and the 'in play' penny was even Monopoly World Big Cap - pretty bloody day here, -5% Mainly took a bit of a bath on IRE. Will look to buy more Monday morning if it is still under my initial buy in. Scalp Trades - no moves, still holding FAS and RIMM, -3.9% on the day Options Acct - no moves, still all cash All in all, accounts -5.2% on the day
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Post by Clinton SPX on Nov 26, 2010 13:47:51 GMT -5
Monopoly world My BAC short 2 weeks ago -10% today +3.3%
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Post by Rich on Nov 26, 2010 14:03:46 GMT -5
I played a little spy put scalp. No real dough to be made.
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Post by maxi on Nov 26, 2010 14:17:48 GMT -5
I know u all read al my stuff today. SVA up 9.8% today. 4.93 close. I bought more HAL. I missed a 30% move in URRE by selling the other day.... TGB remains the same. ie nowhere really....
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Post by sloop on Nov 26, 2010 14:39:59 GMT -5
I stayed away and watched. I am glad I went to all cash Friday. I'm not sure what to think of today. One thing that's important to keep in mind is that being in cash is also a position.
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Post by demanuel2001 on Nov 26, 2010 15:17:38 GMT -5
Dont know why I got out of bed today. Not a real trading day but somehow the markets say I'm down close to 2% on my portfolio. I don't think any of this is real - I expect the Kim boys to give it back to me on Monday.
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Post by Rothschild on Nov 26, 2010 17:19:31 GMT -5
Not much for me today. I bought IRE pre-market @1.43 and I felt like a kid in a candy store. HUGE selling in Irish banks and like my namesake once said "buy when there is blood in the streets." My DCA in IRE is now 1.41 with a stop @.99 cents. If anyone has some pin money to speculate on, THIS IS IT IMO. No other postions added. Not doing much trading here and I am better off for it. Black Friday is pure BS; I saw the madness and went home; most of the citizenry were behaving like jackals and hyenas for a lousy sale with thin supplies of merchandise on stock for supposed 50-75% off. I always say 50-75% OFF OF WHAT? ?? Hope everyone had a wonderful Thanksgiving holiday filled with joy and love. Have a wonderful weekend everybody. ;D
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Post by Clinton SPX on Nov 26, 2010 18:00:00 GMT -5
I stayed away and watched. I am glad I went to all cash Friday. I'm not sure what to think of today. One thing that's important to keep in mind is that being in cash is also a position. dollar rallied, so your cash position gained buying power.
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Post by exabi on Nov 26, 2010 18:06:19 GMT -5
No trades, still holding PCX on a swing trade. Watched the extreme evaporation of weekly option premiums on a couple of stocks, no position on any of the weeklys, but with the Thur holiday and the short trading day today - wowsers!
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Post by timber on Nov 26, 2010 18:10:45 GMT -5
one edc trade
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Post by actuarynomore on Nov 27, 2010 10:59:48 GMT -5
No FAS/FAZ trades - Bought some more ZTHO - See everyone Monday
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Post by maxi on Nov 27, 2010 12:16:28 GMT -5
No FAS/FAZ trades - Bought some more ZTHO - See everyone Monday the pink sheet one or the over the counter bulletin board one? and why? No volume?
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