I bought SIRI in July 2009 @ 0.64 as I believed that with their improved management team and improving fundementals will eventually boost the company to break even by the end of 2009.(which they did recently). Since their overhaul of management and cost cutting measures in March/April 2009, the stock shot up from 0.10 +/- all the way to 0.30 +/-. In the 3rd quarter of 2009, analyst started covering the stock and started giving out USD 1 - 2 targets resulting in more northbound price movements. I sold my position in Feb 2010 @ 1.07, was happy with my profit and still believe that the company may actually start producing positive EPS with this coming quarter with 'booming' car sales throughout the US.

As for trading, I think that if it does surge pass a dollar again, might be good for a trade As for ZANE, already took my profit yesterday, in at 2.55 and out by 3.00

TiVo is UP by USD1 since yesterday Weeeeeeeee... Good luck to us all tonight

What do u guys think the market will end up tonight? Green-ish or totally red?

PS: Dmc & epalbee3, thanks for your input! Dmc, TD Ameritrade bought over think or swim right? So they use Think or Swim's trading platform?


This post has been edited by Erroralot: Apr 7 2010, 11:08 PM

Getting ready for bear mode eh?

Gonna open a FXP position?

Or short anything in particular?

I got out of my ERX position yesterday at 42.55, should have set a tighter stop and would have got out at 43+ the previous day. Oh well, a profit is a profit

I'm thinking of re-entering a small position of ERX at 40. Whatca think? U gonna wait till 38-39?

Yea, got some ERX @ 41.37 too! Crazy bulllls ! The 11,000 horizon seems to be just around the corner...chargeeeee!!!

Got stopped out from ERX at 43.22. Decent gain I guess

So what's your take on tonight's market? More bullish anticipation?

As of 2.00pm, Oil has retraced to 85.21 from it's day-high of 85.71 (52-week high of 87.09). Singapore, Shanghai, Hong Kong & Japan exchanges have retraced, some into negative territory. As far as I know, there isn't gonna be any significant economic data today besides AA's after hours report right? So, I think ERX may not be a good play until after hours today depending on AA's results.

Totally agree with u man. Overbought and begging for a pullback, might be as early as tonight maybe? Let's see how earnings fare this week which are anticipated to perform tremendously well & major economic data releases throughout the week (including China's 1Q GDP this Thursday IINM)

Good luck to us all

PS: Anybody thinks that Citi will hit USD 5 before or post earnings? Or will a correction hit first?

PPS: Am looking into NBG, anybody considering this? Read through their 2009 Financial annual report, still looks pretty decent. With this news that was released on Sunday;

'Trying again to halt a debt crisis that has hammered the euro, fellow eurozone governments tossed struggling Greece a financial lifeline Sunday, saying they would make euro30 billion in loans available this year alone -- if Athens asks for the money.'

Worth going in for the momentum trade? Any thoughts?

This post has been edited by Erroralot: Apr 12 2010, 03:40 PM

Hmmm, looks like today's gonna start off in the RED!!

This post has been edited by Erroralot: Apr 13 2010, 05:22 PM

Yea, i think it would most likely close in the red too.

Got some ABK at pre market @ 2.38, sold @ 3.05. Decent profit

I hope oil drops further, want to pick up some ERX at 40-41

Yea, JPMorgan released to it's clients that ABK is a no value stock, hence further downward pressure. ABK is purely speculative and just for momentum trading. Investors saw PROFIT of EPS 1.93 and all flocked in, ignoring the fact that they might go bankrupt by the second quarter of 2011.

Wow, Market totally flipped! With Intel posting such great results, wonder how the market will fare tonight eh?


I've been using this website quite a bit to spot pre market surges, Day Trading Blog. So far it has been pretty beneficial, like KERX was a pretty good play for the past couple of days. SSN as well. The author gives pretty good information on technical analysis, Baltic Dry Index (Dryships is a pretty good trading stock), mortgage rates, LIBOR rates, closing market remarks, stocks to trade (Penny & OTC stocks as well) and etc.

Good luck to us all tonight Hopefully C will ride with JPM's most probably good earnings report

This post has been edited by Erroralot: Apr 14 2010, 08:10 AM

Buy me a drink too pls ? Yum cha? HAhahahA!

I would definately be estatic if C hits USD 5!

Good luck Zamans! Wishing u all the best

Haha, taikor DMC... really tai kor la man!

If JPM beats estimates, would JPM or UYG be good for scalping? Which would you choose? Thoughts ppl?

This post has been edited by Erroralot: Apr 14 2010, 03:06 PM

Grats with ur profits!!

Insane bulllllll!!

C is at 5.01 After-hours, insane insaneeeee!

Yeah, totally agree with u guys!

Market seems to have a tendency to constantly push forward despite so much uncertainty and insane overbought conditions!

Oh well, continue to scalp. Am pleased that I enter-ed UYG at pre-market yesterday, still holding. Setting a tight stop for today though.

Today, as of now, market seems to be pulling back a little like what dmc predicted due to markets surging, making new 52 week highs Buy on dip peeps!

Sold my UYG yesterday for a small profit, was kinda surprised at first that how on earth my stock was worth 77+ till i saw the 10:1 reverse split.

I bought C after hours at 4.78 for some scalping as well Hopefully it can ride back to 5 today

Good luck to us all !!

11.08am, Asian markets really getting raped! Dow futures too! Hmmm, i wonder at pre-market how would C do? hmmmmmmmmmm ... haha..Buy more on dip?

This post has been edited by Erroralot: Apr 16 2010, 11:08 AM

Wow, at the rate the chinese markets are getting raped, I think I can get some FXP tonight after the housing data, GE and BAC earnings (If they disappoint expectations) LOL

This post has been edited by Erroralot: Apr 16 2010, 03:25 PM

Bought C at an average of 4.78 at pre market. Sold at average of 4.925.

Re-bought more at 4.76 and 4.78. Now it's 4.73 lol. Damn oh damn, wonder if the market will pick up:) even with good earnings + economic data yet the market is still tanking. What's ur take on this guys?

This post has been edited by Erroralot: Apr 16 2010, 09:20 PM

LOL amazing, totally did not expect such an extreme red day! LOL.

For all days to report about GS, they chose today? Hmmm ...

Oh well, more Buying on Dips

Am in FXP at pre market too, got some at 37.50. Just wanted to scalp a little, definately did not expect such a LARGEEEE surge!

I got more C at 3.50, got some erx at 42.60 as well.

I think depending on how C and AAPL(if iam not mistaken) performs, market may swing back to bullish mode. If not, the much awaited correction for the market is due(market is overbought). Thus, bear mode will maul the bulls into pieces.

As for shorting position, u may even consider GS if more bearish pressure persists but as far as ETF goes, I personally like FXP a lot for it's performance which reacts not only based on the xinhua 25 index but on the Dow as well(eg:eventhough it tracks the xinhua index only, if hang seng performs poorly and the Dow too for the same day, the ETF will perform better than 2x of the xinhua 25's fall). Just my 2 cents:)

Am happy with this week's profits.

Nice one DMC! Good on u too zamans!

Can't wait for Monday, the moment of truth. Gonna be really exciting!

This post has been edited by Erroralot: Apr 17 2010, 06:49 PM

Wowww! Hang Seng down 470

I love my FXP yayyyyyyy !