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Post by cosmic on Feb 9, 2011 17:10:01 GMT -5
I was out most of the trading session today and saw the portion of the show where FAS was falling off a cliff, which did well for my diagonal spread finally. But looking now appears the indexes clawed their way back to almost neutral. The selloff looked equally impressive, and had an impulse type of feel to it.  How can we be fooled though? It's never going down when the Fed just charges it's daily stock purchases on it's credit card. BTFD?  No trades today. Hope everyone made some money today and will do so tomorrow. Members, please post your results along with your RDA of smileys!  |
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Post by brosin on Feb 9, 2011 17:27:02 GMT -5
Sorry Cos - started getting it ready about 5-10 min before clicking Post (got sidetracked in the middle) - figured you were taking a better nap than that!! ;D As Ccash pointed out in the PPDT, it looks like anyone bearish should just vote baby bull from now on since that's as bearish as we are going to get!  Saw a good amount of weakness in the stocks I track; only 4 of the 17 stocks I own in my IRA were green today, and prior to the late day move towards even for the market, all 17 were red even with the market only down 20 points - many of these have gone on large runs, so maybe it is only the squid feasting while it can.  Make it 8 straight green days for the Dow Industrials. |
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Post by demanuel2001 on Feb 9, 2011 17:28:42 GMT -5
Very slow day here in Tulsa - slow and snow. Bought back some weekly LVS $50 puts and replaced with short June $46 puts for more premium. Apart from that it was the death of a thousand cuts across the portfolio. Down 0.6% for the day but up 6.4% YTD.
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Post by tajmahal9898 on Feb 9, 2011 17:51:04 GMT -5
slow day.. only one trade
shorted 1K ISRG at 336.67, covered at 333.51 for a realized profit of $3,160
Glad that I got out of CSCO naked short Feb2 21 puts yesterday
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Post by ccash04 on Feb 9, 2011 18:28:24 GMT -5
Sorry Cos - started getting it ready about 5-10 min before clicking Post (got sidetracked in the middle) - figured you were taking a better nap than that!! ;D As Ccash pointed out in the PPDT, it looks like anyone bearish should just vote baby bull from now on since that's as bearish as we are going to get! Saw a good amount of weakness in the stocks I track; only 4 of the 17 stocks I own in my IRA were green today, and prior to the late day move towards even for the market, all 17 were red even with the market only down 20 points - many of these have gone on large runs, so maybe it is only the squid feasting while it can. Make it 8 straight green days for the Dow Industrials. Not to get your bear hopes up, but I see today as an inside day that looks to get resolved to the downside if the Nasdaq continues its slide into tomorrow.. The target I would say is 130.75-131 on the spy... Again, this is speculative at best but still it could happen  |
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Post by exabi on Feb 9, 2011 18:44:38 GMT -5
No trades today....watching PCX's tankage but did not buy, maybe a couple more down days....going to FL tomorrow for a few days, will not be able to watch very much.
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Post by birthmark on Feb 9, 2011 19:04:06 GMT -5
Sold the VC I bought last week for 1.5k profit.
Gonna start taking it where I can.
And NOT get greedy.
FWIW-- VC is trading in a 68-73 range.
GL
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Post by jack on Feb 9, 2011 19:19:16 GMT -5
No trades today....watching PCX's tankage but did not buy, maybe a couple more down days....going to FL tomorrow for a few days, will not be able to watch very much. Stop off in Boca and say "Hey!" to Cashfilly for me Dave!!! You'll find her by all the smoke coming up from 16 Apple monitors and several Apple cpu's!!! LOL!!! |
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Post by exabi on Feb 9, 2011 19:30:39 GMT -5
No trades today....watching PCX's tankage but did not buy, maybe a couple more down days....going to FL tomorrow for a few days, will not be able to watch very much. Stop off in Boca and say "Hey!" to Cashfilly for me Dave!!! You'll find her by all the smoke coming up from 16 Apple monitors and several Apple cpu's!!! LOL!!! Not going that far south....flying to Orlando, then to south of Lakeland, in what used to be the sticks. Very few sticks left in FL, except in North Fl, and I have roots there also. I haven't counted, but I think I'm a 5g or 6g Floridian - mid 1800's. |
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Post by jack on Feb 9, 2011 19:59:11 GMT -5
Stop off in Boca and say "Hey!" to Cashfilly for me Dave!!! You'll find her by all the smoke coming up from 16 Apple monitors and several Apple cpu's!!! LOL!!! Not going that far south....flying to Orlando, then to south of Lakeland, in what used to be the sticks. Very few sticks left in FL, except in North Fl, and I have roots there also. I haven't counted, but I think I'm a 5g or 6g Floridian - mid 1800's. Orlando reminds me of something out of the Twilight Zone now....like many things I prolly woulda liked it...around 50yrs ago! lol!!! |
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Post by exabi on Feb 9, 2011 20:13:20 GMT -5
50 yrs ago it was nothing but orange groves...kinda the northern reach for them...then Mickey moved in.
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Post by Cosmic on Feb 9, 2011 20:17:07 GMT -5
No problemo Bros thanks for doing it - you're right I napped and woke up a little later than anticipated.
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Post by jack on Feb 9, 2011 20:21:48 GMT -5
50 yrs ago it was nothing but orange groves...kinda the northern reach for them...then Mickey moved in. Dave - the average age of the American farmer now is 58yrs old. That was on one of the vids someone here posted yest. Wait a minute: I hear a honeybell calling me...laterz lol!!! |
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Post by Rich on Feb 9, 2011 21:42:53 GMT -5
I'm still long, tho not by choice. Got a case of the Clinton flu. Been sleeping since.... I'm the last one to get it in our family. Almost thought it was going to miss me. yeah, right.  |
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Post by jack on Feb 9, 2011 23:11:43 GMT -5
"...the Clinton flu?" Does it have anything to do with NOT having sex with that...flu-bug?  (It still remains incredible to me that that man can lie so well with such a straight face and basically get away with it - pathetic...but the true mark of a consumate politician.) Our Sen Jim Webb (D-Virginia) just announced that he's hanging it up after his very first term. He's been a very effective Senator, but he's had enough of the handshaking, schmoozing and kissing ass necessary to get re-elected. I got A LOT of respect for that man (Webb that is). ps - Get well quick Rich |
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