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Post by cosmic on Aug 5, 2011 15:02:28 GMT -5
Don't really get the whole Nas vs. Dow thing but meh the poll is based on the Dow  I picked up a little SOL today and a little extra MOBI. Figure why not the prices are pretty bargain basement. Have we turned? MP does not have an answer.  Hope everyone made some money today and will do so on Monday. Members, please post your results along with your RDA of smileys!  |
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Post by brosin on Aug 5, 2011 15:08:18 GMT -5
Next wk it will appear as if we turned and that big time bottom is in.
It won't be, but that's the key.. Mkt has to wrong foot everyone again before the true big moves that leave people in the dust
Covered my fas and s shorts I had been holding for a long time.. Made 20% on the S and 30% on the fas.. Will take it!
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Post by huh? on Aug 5, 2011 15:08:49 GMT -5
Wow...I guess someone had a big put for the SPX 1200. Should be able to rally now if the market so wants.
Grabbed SOXL, FAS and SCCO today.
I believe we will hit sp1250-sp1260 next week. Closes a gap, 50% retracement and much, much more.
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Post by demanuel2001 on Aug 5, 2011 15:08:58 GMT -5
A cruel cruel day for my portfolio. Of course I brought it on myself. My after tax portfolio (the one I intentionally trade hyperaggressively) lost 70% of its value this week - on the bright side today it doubled from its intraday low. Overall portfolio lost 20% of its value this week. Gonna be checking the want ads for jobs this weekend - time to prepare plan B. Who knows maybe LVS will shake off the market blahs next week - that's what killed me. Trouble is I'll only have half the position next week that I had this week.
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Post by commodityypro on Aug 5, 2011 15:14:58 GMT -5
Next wk it will appear as if we turned and that big time bottom is in. It won't be, but that's the key.. Mkt has to wrong foot everyone again before the true big moves that leave people in the dust Covered my fas and s shorts I had been holding for a long time.. Made 20% on the S and 30% on the fas.. Will take it! LOL.. Congrats Bros. Great minds must think a like because while you were covering your FAS short I was selling some FAZ @ $62,25 that I bought a long time ago it seems at $39 for a 59% gainer.. lol Who says you can't hold these triples longer than a day and make $$ doing it? lol Also, old man called me a bit ago to say we sold some more of our gold OTM calls for a smooth 150% gainer. Not as good a day as the last 3 but I'm not complaining seeing the results. Weekend will be Italy all over the news. I am comfortable still holding 30% short and now 70% cash. |
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Post by Clinton SPX on Aug 5, 2011 15:17:42 GMT -5
Added to my FBM
My oilers getting hurt
Account -3.4%
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Post by timber on Aug 5, 2011 15:20:28 GMT -5
covered fas short and agq short ......im happy with my trading on this downturn
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Post by timber on Aug 5, 2011 15:49:51 GMT -5
Next wk it will appear as if we turned and that big time bottom is in. It won't be, but that's the key.. Mkt has to wrong foot everyone again before the true big moves that leave people in the dust Covered my fas and s shorts I had been holding for a long time.. Made 20% on the S and 30% on the fas.. Will take it! when do you think the next downturn will be now brosin   |
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Post by puurfectten on Aug 5, 2011 17:43:00 GMT -5
no moves ...should get a moon shot back to the 200ma next week..opex cookout... 8-)lookin for 1295..then maybe a pop above to load the boats for the next wipeout....that was a horrific wave down...  |
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Post by timber on Aug 5, 2011 17:47:52 GMT -5
1295 ....thats pretty impressive
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Post by exabi on Aug 5, 2011 18:34:50 GMT -5
No trades, just watched Mr. Toad's wild ride in amazement...was in and out and could not devote my time to a trade.
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Post by PoorHomey on Aug 5, 2011 20:59:15 GMT -5
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Post by puurfectten on Aug 5, 2011 22:11:13 GMT -5
lol.. ..moonshot right to the 200ma.. |
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