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Post by cosmic on Mar 14, 2011 15:10:55 GMT -5
After horrible news over the weekend, a significant gap down, and a subsequent crawl back to almost opening conditions defined a very bizarre trading days. The solar speculators were mostly right. The shorts in general were mostly right. And as expected there is a huge question of whether we say 1290 has held and BTFD or take a more cautious approach. I don't think we can know for sure until 1290 actually gets tested and holds. In the absence of a top down test, we may be seeing bulls preprogrammed to BTFD.  No trades today. Winning.  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!  |
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Post by papasloth on Mar 14, 2011 15:17:46 GMT -5
I have Adonis DNA.
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Post by kbk3ck on Mar 14, 2011 15:23:45 GMT -5
I went ahead and bailed off into ERX and TNA again today. The normal brain cant comprehend my mind.
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Post by demanuel2001 on Mar 14, 2011 15:24:43 GMT -5
Oh well, the hangover from Vegas continues. I did more lightening up on LVS as my position continues to burn me. Part of the need for repeated lightening up is caused by the negative gamma on all the short puts I had in my position. I also got hit on the rest of my portfolio - and especially in my Japanese mutual fund - where my position is mercifully a lot smaller than it was a month ago. My YTD gain is now a YTD loss of 10.2% on the portfolio. My dollar loss for the first two weeks of this month now exceeds the dollar gain I made for the whole month of July (percentage number is smaller - but heck the month is only half done). Brutal statistics - but I don't believe in hiding the truth.
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Post by brosin on Mar 14, 2011 15:28:13 GMT -5
Sorry to hear Deman - you'll get it back.. slow and steady wins the race
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Post by kbk3ck on Mar 14, 2011 15:29:03 GMT -5
(no Sheen reference)?
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Post by papasloth on Mar 14, 2011 15:33:13 GMT -5
All green things must die.
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Post by davetherave on Mar 14, 2011 15:37:38 GMT -5
Sold 1/3 of my NGD at the end of the day. Raised a little cash to maybe add to LULU plus I just have too much PM exposure between NGD and EXK.
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Post by trading4dough on Mar 14, 2011 16:23:23 GMT -5
added to RAME average now $2.006
earnings tomorrow see how she plays
i really like the LT chart on her
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Post by cosmic on Mar 14, 2011 16:33:27 GMT -5
I took a gander at it when you mentioned it the other day Dough. 1.90 area seemed about right for the bounce.
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Post by kbk3ck on Mar 14, 2011 16:44:01 GMT -5
Pappa, can u post the link to that "winning" video so I can post it on my Facebook page? That is funny shit!!!
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Post by papasloth on Mar 14, 2011 17:53:07 GMT -5
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Post by trading4dough on Mar 14, 2011 17:57:01 GMT -5
I took a gander at it when you mentioned it the other day Dough. 1.90 area seemed about right for the bounce. for the most part fairly thinly traded it can get pushed around fairly easily they have their fy earnings out tomorrow charts points to $4-$4.50 i like it because of the limited downside VS the upside potential they have good holdings in the Mississippi play and currently are earning not burning |
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Post by Rothschild on Mar 14, 2011 18:22:13 GMT -5
Today really blowed  I was down some 2% today but I decided to BTFD ahead of whipsaw wednesday  Bought SOXL & GS before the close and will book any gains Tuesday Hope everyone made a bundle like a Czar and will continue to do so ad infinitum |
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Post by brosin on Mar 14, 2011 20:01:04 GMT -5
FFR was bearish to .13% from .14% and is now deep in 'deployment on risk' territory. It is deeper than I had ever thought it would get when creating those arbitrary levels... I think we are now in 'Stink Bid Watch' territory.  My FAZ unlost and is hopefully working back towards even. I see a few big down days in a row for the market before this correction is said and done - it might be a long time (3-6 months?), but that will be my signal. monopoly world, realtime entries in blog [/url] - acct +2.5% on the day, some moves Buys: (daytrade) GOLD @ $72.63 / would sell @ $73.17 for +.8% (to cover 75%) BKE @ $37.60, $37.30, $37.50 for +1.4% combined Shorts: (add) CHK @ $33.55 (new) CMG @ $255 (new) LNG @ $8.02 & $8.32 I am 99% short, 1% cash |
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Post by bellevuetrader on Mar 14, 2011 21:10:22 GMT -5
Small position in HERO and MVIS. No trades today....was looking to re-enter FAZ but instead had a Monday Funday and went to the Rockies vs. Reds game with 3 smokin hot college girls! Winning!!
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Post by papasloth on Mar 15, 2011 15:05:03 GMT -5
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Post by timber on Mar 15, 2011 15:58:07 GMT -5
lol....papa thats funny as hell.....i actually like charlie sheen
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Post by papasloth on Mar 15, 2011 16:36:36 GMT -5
I never really paid that much attention to him, and couldn't watch more than 5 minutes of "2 and a half men." But, this video is so much win. Charlie Sheen pwns the intertubes.
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I was down some 2% today but I decided to BTFD ahead of whipsaw wednesday 
Bought SOXL & GS before the close and will book any gains Tuesday 
