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Post by cosmic on Aug 10, 2011 15:14:47 GMT -5
I expected to come back to a complete rout - and sure enough, there it was. Looked promising several times during the day but the bulls just don't have any commitment yet, so we will continue to see selling of rallies. No change to anything today. Hope everyone made some money or protected whatever is left and will do so tomorrow. Members, please post your results along with your RDA of smileys!
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Post by demanuel2001 on Aug 10, 2011 15:17:22 GMT -5
Bit of a whiplash day for the market. I lost a bit but not a whole bunch as LVS is FINALLY separating its performance from the overall market. It finished the day slightly lower but not by much. Actually managed a couple of profitable scalps today - go figure.
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Post by tajmahal9898 on Aug 10, 2011 15:26:10 GMT -5
ungained (opposite of unlost) yesterday's 125K unrealized profit.
one roundtrip of TNA, 10K shares, realized profit of 18K (got stopped out).
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Post by maxi on Aug 10, 2011 15:26:26 GMT -5
Traded HAL again. Made money. I do not recommend u try this at home.
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Post by commodityypro on Aug 10, 2011 15:28:51 GMT -5
ungained (opposite of unlost) yesterday's 125K unrealized profit. one roundtrip of TNA, 10K shares, realized profit of 18K (got stopped out). Thumbs up for the gain but thumbs down for the wash. That sucks
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Post by novice08 on Aug 10, 2011 15:30:05 GMT -5
Lucked out with the miners, who knows why they are rallying when everything else is falling apart, they are Equities. Gains were cut in half by close even so. Both silver and gold closed strong, but esp. silver. Yesterday PM was sorry I had gone cash with some l-t holdings, today I'm mighty glad.
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Post by commodityypro on Aug 10, 2011 15:30:25 GMT -5
In and out of a SPY call. In big with SPXU again. 8000 shares now. Also a SPY long put at 111 that triggered. Loaded and ready for back test of 1101 tomorrow.
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Post by commodityypro on Aug 10, 2011 15:32:11 GMT -5
Lucked out with the miners, who knows why they are rallying when everything else is falling apart, they are Equities. But my gains were cut in half by close even so. Both silver and gold closed strong, but esp. silver. Yesterday PM was sorry I had gone cash with some l-t holdings, today I'm mighty glad. Old man congrats any here who took his gold call. Going higher he said. Buy on any dip unless QEIII is announced and then get the F out. lol
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Post by brosin on Aug 10, 2011 15:38:18 GMT -5
Couldn't find shares of FAZ, so my final pull on the bank trade was long some FAS shares @ $13.56. The short FAZ half of the trade is still slightly green thanks to the huge decay yesterday. I got no more bullets so I gotta wait
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Post by bellevuetrader on Aug 10, 2011 16:22:51 GMT -5
What a wagon burner kinda day! Who wants to play a game of Cowboys and Indians??! I feel like buying at AR-15...are there any of those left in America?
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Post by PoorHomey on Aug 10, 2011 17:03:09 GMT -5
2 quickies
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Post by Rothschild on Aug 10, 2011 18:10:06 GMT -5
Are we havin FUN yet??? I think as long as 1120 holds we should be just fine. Took the opportunity to buy some beaten down stuff LNKD,DNDN,HNSN,CIGX, SKH, and UDOW. I am feelin BULLISH! Hope everyone made plenty of dough and will continue to do so ad infinitum
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Post by exabi on Aug 10, 2011 18:12:13 GMT -5
No trades today....had to deal with self inflicted power interruptions in my computer room...replacing a ceiling fan....ooh this one has a remote, and I can run on high without fear of decapitation.
Surprised by my very wet PCS...unlost 2.5% on it today.
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Post by torrentio1 on Aug 10, 2011 18:34:11 GMT -5
Lucked out with the miners, who knows why they are rallying when everything else is falling apart, they are Equities. Gains were cut in half by close even so. Both silver and gold closed strong, but esp. silver. Yesterday PM was sorry I had gone cash with some l-t holdings, today I'm mighty glad. I was just looking at REE.
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Post by demanuel2001 on Aug 10, 2011 18:49:21 GMT -5
What a wagon burner kinda day! Who wants to play a game of Cowboys and Indians??! I feel like buying at AR-15...are there any of those left in America? Don't have one of those but I have been buying just a shade more survivalist stuff - in addition to Pork and Beans.
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Post by herceg1967 on Aug 10, 2011 19:04:21 GMT -5
2 quickies Congrats and exalt on your smart trades......................I was up twice as much and gave 70% of it back.................I could have quit and enjoyed the afternoon with the kids but like an IDIOT..........GREED got me..............and to top it off I was way above my mental quota for the day especially on a down day like today..........I have to say this hurts and may have trouble sleeping........ NEVER AGAIN JMO and BOL..............
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Post by kbk3ck on Aug 10, 2011 19:14:20 GMT -5
I expected to come back to a complete rout - and sure enough, there it was. Looked promising several times during the day but the bulls just don't have any commitment yet, so we will continue to see selling of rallies. But this is what you said last night. "Egad - not sure for tomorrow. " Im a real shit anit I?
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Post by puurfectten on Aug 10, 2011 19:22:25 GMT -5
..just waiting...
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Post by kbk3ck on Aug 10, 2011 19:30:11 GMT -5
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Post by Clinton SPX on Aug 10, 2011 20:03:48 GMT -5
I was up 7% yesterday down 3.5% today normal retrace Im bullish
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Post by dino on Aug 10, 2011 20:51:23 GMT -5
Couldn't find shares of FAZ, so my final pull on the bank trade was long some FAS shares @ $13.56. The short FAZ half of the trade is still slightly green thanks to the huge decay yesterday. I got no more bullets so I gotta wait Doesn't that suck Bros? I've gotten burned a couple of times trying to add to my short scam position and couldn't due to "no shares available". This is the main drawback of shorting etfs...
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