Cosmic's MarketPlace Wrap - 4/4/2011

cosmic
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2nd Place - Road to Opex 4

The Fed can print Money but not Prosperity.[F4:fastopia]

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Cosmic's MarketPlace Wrap - 4/4/2011 Apr 4, 2011 16:25:08 GMT -5

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Post by cosmic on Apr 4, 2011 16:25:08 GMT -5

I missed the afternoon session. When I last sW things there was slight green on all 3 major indices. And taking a look that's pretty close to how it ended.

Expected a lot more up, hardly any bad news in the cycle. So interesting that buyers were not as interested. Caution.

No trades but considered clf and luk. Going to watch them a little more I think.

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!

Leela: There's a political debate on. Quick! Change the channel.
Bender: Hey, that's what Fry said when we turned on the debate.

demanuel2001 SEC Governor Posts: 4,443	Cosmic's MarketPlace Wrap - 4/4/2011 Apr 4, 2011 17:01:04 GMT -5 Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by demanuel2001 on Apr 4, 2011 17:01:04 GMT -5 Scalped some LVS. Bought back some short $39 puts expiring next week. Wrote some $45 puts expiring this week. Due to weakness in Japan - basically broke even today. Nice action in BCO, HNP and MPEL

seatoo Commodities Trader Posts: 168	Cosmic's MarketPlace Wrap - 4/4/2011 Apr 4, 2011 17:17:18 GMT -5 Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by seatoo on Apr 4, 2011 17:17:18 GMT -5 Dumped half of my S holding. Its recent weakness has me concerned. Bought Lynas at 2.53 Maybe this will be one of V's winners. Looks good to me, although buying at the HOD is not usually a good idea.
	Oh, the shark, babe, has such teeth, dear. And it shows them pearly white Just a jackknife has old MacHeath, babe. And he keeps it, ah, out of sight You know when that shark bites with his teeth, babe. Scarlet billows start to spread Fancy gloves, oh, wears old MacHeath, babe. So there's never, never a trace of red

timber Algo Trader Posts: 28,442	Cosmic's MarketPlace Wrap - 4/4/2011 Apr 4, 2011 17:59:12 GMT -5 Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by timber on Apr 4, 2011 17:59:12 GMT -5

davetherave
SEC Governor

1st Place - Road to Opex 5

Posts: 2,945

Cosmic's MarketPlace Wrap - 4/4/2011 Apr 4, 2011 18:31:42 GMT -5

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Post by davetherave on Apr 4, 2011 18:31:42 GMT -5

Enjoyed some nice gains in LULU and EXK today.

PCX took a little breather.

NGD traded off over 5% today after the company announced it's acquisition of Richfield Ventures Corp. I added a little to my position at 11.17 on the weakness.

Portfolio was flat today.

exabi SEC Governor 1st Place - Road to Opex 8 Posts: 4,182	Cosmic's MarketPlace Wrap - 4/4/2011 Apr 4, 2011 18:35:10 GMT -5 Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by exabi on Apr 4, 2011 18:35:10 GMT -5 No trades, did my selling Friday...still holding LVS and gasping for air a little less on that one.
	"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design" - Friedrich Hayek