Same here. 30+ cts to VICTORY. This time, I will dump all and move on to other counter.

The U.S. Treasury intends to unload its 27 percent stake in bailed-out bank Citigroup (NYSE:C)  using a preset trading plan that will lock the government into a schedule for selling its shares, people with direct knowledge of the matter said. The program, which may be announced next month, is similar to those used by executives to protect themselves against accusations of insider trading, said the people, who asked not to be identified because the process isn’t final. –Bloomberg

Any help this news to FRE/FNM?

http://www.cnbc.com/id/36051307

All sifu here, can please recommend me which broker (US) is best to sign up? in term of procedure , security and cost. tq

JAN's high. Except for C in Oct 2009. Why sounds surprised? I know some traders here just extrapolate their profits.  Not me. Just few small trades once in a while.

There are many traders still holding their C for example, bought at 4.80's.
UNG for example I bought in DEC & Early Jan @ 9.00, and it shoot up to nearing $12 in late January before downhill. Even at $7.00, I didn't pick-up any. Same goes with C.

I'm not a DAY TRADER and not in hurry to sell it all. For day trading, I need USD25K minimum, but if your total portfolio dropped below $25K say $23.5K, you are not able/allowed to DAY TRADE again. 

Again, how can you make good profit with small capital? With Ringgit strengthening, I'm losing the face value about RM3K (Was at 3.45-3.50 when I entered, now 3.24 today... ) 

So, I can for example buy 300 UYG, 400 URE, 200 FUQI, etc etc.. ETF is a better tool to enter the market as I only knew it later after placing LONG C @ 4.7x

ERX made an amazing recovery from 42.37 to 43+, still holding for the time being

Did anybody goreng-ed ZANE? LOL, bought in late though @ 2.55. Sold out at 3.00. Crazy thing shot to 3.52!

Oh yea, there's some chatter of TiVo being targeted as an M&A by DiSh, pre-market was as high as 21.25! Just a heads up to anybody that might be interested in for some M&A speculation action:)

Here's how I play this. I don't care if the Ringgit strengthen against the Dollar  because I'm keeping majority of my liquid asset out of Ringgit denomination. Infact, I take this opportunity to unload my Ringgit and move more to USD. Then, use the USD to buy more equities and play some commodities.
Only when Ringgit weakens, I convert more USD to back Ringgit. 

Same goes Euro.. now it actually good time to buy more Euro (if you're currency trader).

Look at what's HOT for the day? LOL. SIRI is a much slower mover and never really had as much momentum as stocks like ZANE, SQNM, SEED etc. Anyway, good luck with goreng-ing if u have a position in ZANE at the moment 

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?

23.25 stop..

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Added on April 8, 2010, 10:11 pmit is very excited.. every cent it goes down, I lose RM10...

every cent it goes up, I gain RM10..

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Added on April 8, 2010, 10:16 pmTHose who holds MGM must be jumping now..

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Added on April 8, 2010, 10:23 pmLocked profit of Rm200 with stop at 23.37..
Hope can gain RM1000 today..

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Added on April 8, 2010, 10:50 pmstop at 23.42, lock in RM250 profit..

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Added on April 8, 2010, 10:52 pmI think today DOW might reach 11k..

C marching to 4.80. Nice, slowly. If it hit USD5, I will short it.

Err, when is the PROGRAMMED Selling by US Treasury?

Any time above $5 can short as US Treasury not yet selling their stake. Last time they announced, C dived from 4.20's to 3.70's.

Don't sell all of C for now.. just leave some on the table and ride it up.. let see how far the bulls can take it.
Zamans probably right - it could see 15c above the $5 and if it closes above, we'll get another breakout. 
Update:
Crude Oil moving back up after the backing down to low $80s. Looks like sky is clearing up at Europe for
some flights to resume. Demand for jet fuel will come back after all. 

Hey, how's ur KNN opps KNM doing?

Nah, I just sold for some small profit, less than USD200 for all those holding, that I been holding for 5+ months. I'm glad its over for now, as long in profit, why complain. Doing day trade, buy and sell during the day.

Remember US Treasury yet to sell C and will do it as it will be pushed by White House monkeys.

Long C 1,000 x 4.95 (pending)
Added another Batch of DRYS, average 0.05 from my average at 6.34. Their report card at month end.

ETrade narrowed its loss versus the same quarter last year, reporting a loss of $47.8 million, or $0.02 per share for the first quarter, versus a loss of $232.7 million, or $0.41 per share, in the same quarter last year. Revenue totaled $536.5 million versus $497.3 million last year. ETrade said provisions for loan losses and net charge-offs declined versus last year's.