Cosmic's MarketPlace Wrap - 5/17/2011

[cosmic]

I suppose that reclaiming 100 pts. on the Dow throughout the day is a good thing. The Fins almost all were green (except Travelers lol) so that's all good for FAS. I saw AAPL and GOOG both were nice and green but the Nas still was down a bit although since AH began looks like it adjusted to green. That makes sense.

I'm sure the memo has gone out to Dr. Bernanke to further devalue and weaken the buying power of the US citizenry in order to make the market try to look better, and I'm sure Dr. Bernanke will comply post-haste.

No trades today but poised to get some more SOL after it fell quite a bit today. I noticed LDK did as well so it seems a sector thing.

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

[jack]

Snagged some more CNL today:

www.stockwatch.com/Quote/Detail.aspx?symbol=CNL®ion=C

[demanuel2001]

Did some baby scalps today in LVS. Bought an extra 1,000 shares of BYD. Otherwise pretty much sat on my hands. Net is down a smidgen less that 1/4% but I'm counting it as a victory as my after tax account (which is where the rubber meets the road and which has been looking mighty skimpy lately) was up a shade - whee!

[Clinton SPX]

got creamed today.
price of oil rebounded but my stocks didnt, go figure

[puurfectten]

8-)nothin..waited for trade to settle...

[tajmahal9898]

unrealized gain of 40 cents (~30%) on 400 short VXX May 23 calls.. ~16K..

If VXX closes below 23 this Fri, i stand to make ~51K..

GL Everyone..

[puurfectten]

nice taj...