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Post by jack on Apr 12, 2012 10:17:55 GMT -5
Mr Market must have eaten some oysters last nite ;D |
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Post by walnut on Apr 12, 2012 10:20:42 GMT -5
It's the zinc in the oysters ya know. 100 mg a day will make you 19 again.
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Post by natsalilfly on Apr 12, 2012 10:24:33 GMT -5
Nat, I'm underwater on a position in AGQ, trying to work my way out of it... ;D That's OK, I'm underwater in TNA! But, it's recovering. I broke my own rules last Friday, that always bites me in the butt. BOL to both you and Clint on your PMs, I do love 'em too. |
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Post by Clinton SPX on Apr 12, 2012 10:28:16 GMT -5
People think the GDP report from China will be good? Are these wealthy Chinese bureaucrats with inside info buying with both hands? Trade has a huge impact on GDP calculations. China and USA had better than expected trade reports. Im looking for upside surprise |
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Post by Clinton SPX on Apr 12, 2012 10:29:18 GMT -5
If you eat Zinc
You wont stink
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Post by walnut on Apr 12, 2012 10:32:11 GMT -5
BRB - zinc poisoning
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Post by jack on Apr 12, 2012 10:33:16 GMT -5
Shorted SBUX first short I ever executed pray for me.
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Post by walnut on Apr 12, 2012 10:38:19 GMT -5
Shortable looking chart
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Post by jack on Apr 12, 2012 10:42:16 GMT -5
Its an ITMS play: Short entry: 60.35 First target: 55.85 2nd target: 53.35 Stop close: +65 |
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Post by Clinton SPX on Apr 12, 2012 10:43:51 GMT -5
I think shorting is crazy now
Daily oversold
earnings just starting
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Post by herceg1967 on Apr 12, 2012 10:44:43 GMT -5
Its an ITMS play: Short entry: 60.35 First target: 55.85 2nd target: 53.35 Stop close: +65 An exalt to help you out with some luck !!!!! |
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Post by jack on Apr 12, 2012 10:47:50 GMT -5
Its an ITMS play: Short entry: 60.35 First target: 55.85 2nd target: 53.35 Stop close: +65 An exalt to help you out with some luck !!!!! Thanks Herc and here's one back to you!!!  |
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Post by Clinton SPX on Apr 12, 2012 10:48:01 GMT -5
SBUX looks very bullish to me
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Post by jack on Apr 12, 2012 10:49:28 GMT -5
I think shorting is crazy now Daily oversold earnings just starting I'm $. 03 .02 green yet! ....but you are prolly right |
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Post by walnut on Apr 12, 2012 10:51:37 GMT -5
It depends on the time frame, shorts and longs could both make money.
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Post by natsalilfly on Apr 12, 2012 10:52:19 GMT -5
Shorted SBUX first short I ever executed pray for me. It could go either way here - oops, moving up! Well, it should move down from here sometime, but the market overall seems to be regaining it's bullishness. |
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Post by Clinton SPX on Apr 12, 2012 10:54:06 GMT -5
SBUX looks bullish on every time frame JM2P
BBL
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Post by natsalilfly on Apr 12, 2012 11:02:12 GMT -5
If you eat Zinc You wont stink I've really grown fond of how you get right to the nugget of truth on any issue, Clint.  |
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Post by jack on Apr 12, 2012 11:06:44 GMT -5
If you eat Zinc You wont stink I've really grown fond of how you get right to the nugget of truth on any issue, Clint. There's no flies on my friend Clint! ...and he's got a +1 coming when reloaded. |
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Post by PoorHomey on Apr 12, 2012 11:15:29 GMT -5
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Post by natsalilfly on Apr 12, 2012 11:19:26 GMT -5
LOL! It really was a compliment. Clint reminds me of my son, the one in the Navy (the straight talker), not the one in the ministry(the sentimentalist) ;D
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Post by natsalilfly on Apr 12, 2012 11:23:21 GMT -5
LOL. Where do you get this stuff PH? Could this be the start of zinc based currency?  |
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Post by PoorHomey on Apr 12, 2012 11:51:40 GMT -5
LOL. Where do you get this stuff PH? Could this be the start of zinc based currency? Pretty sure you can pick some up at Whole Foods or GNC... lol |
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Post by rex on Apr 12, 2012 12:02:28 GMT -5
Are we expecting a huge short covering rally EOD, or have all the shorts already covered today?
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Post by theMIST on Apr 12, 2012 12:04:25 GMT -5
Rex
Did u confirm your post re last
Fridays job numbers?
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Post by rex on Apr 12, 2012 12:09:00 GMT -5
Rex Did u confirm your post re last Fridays job numbers? Mist, I was being facetious when asking those questions because I certainly did not expect to see a day like this today, and at the time didn't know what was powering us upwards. Now I know, evidentally, China GDP is expected to be good. |
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Post by theMIST on Apr 12, 2012 12:11:32 GMT -5
Lol rex
Markets have a lot more work to do for me
to put back on bull hat.
But I have been bullish on china plays especially
Renn
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Post by jack on Apr 12, 2012 13:03:38 GMT -5
SPY on the 10min doing the 20MA dance now
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Post by herceg1967 on Apr 12, 2012 13:11:09 GMT -5
Foreclosures Ready To 'Burst' As 1st-Time Filings Up
By JASON MA, INVESTOR'S BUSINESS DAILY
Posted 01:56 PM ET
Email Print License Comment
inShare
First-time foreclosure filings climbed 7% in March vs. February, the third consecutive increase, as lenders like Bank of America (BAC) and Wells Fargo (WFC) continue working through a backlog of distressed homes left over from the housing crash.
Overall foreclosure activity, which include default notices, scheduled auctions and bank repossessions, were 4% lower in March and were down 2% in Q1 vs. Q4, RealtyTrac said. But it warned not to take comfort in those declines.
"The dam may not burst in the next 30 to 45 days, but it will eventually burst, and everyone downstream should be prepared for that to happen — both in terms of new foreclosure activity and new short sale activity," said RealtyTrac CEO Brandon Moore in a statement.
Getty View Enlarged Image
In intraday trading, BofA shares were up 1.6% as were those of Wells Fargo, JPMorgan Chase (JPM) and Citigroup (C), amid a broad market rally fueled by high expectations for China's economic growth report.
The rising number of foreclosures was expected, but the latest report comes a day after a housing market survey predicted this year would mark the start of the long-awaited turnaround.
The $25 billion settlement top banks reached recently with states and federal agencies helped clear the way for them to resume foreclosure proceedings that were frozen last year during probes into "robo-signing" practices.
March foreclosure starts were 11% lower from a year earlier but topped 100,000 for the first time since November. Nevada, ground zero in the housing bust, had the biggest month-over-month increase, jumping 153%.
It was followed by Utah, New Jersey, Maryland and North Carolina, topping the 31 total states that had monthly increases in foreclosure starts last month.
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Post by jack on Apr 12, 2012 13:16:09 GMT -5
Shorted SBUX first short I ever executed pray for me. Well...atm I'm in the green by .30 on 100shrs!!! I could cover now and have a $10 profit less taxes!!!! lol! All I can say is "Beginners Luck!!!!" |
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