DOW is dropping now... 60 points.
Another dip.. wait for Fed news..
US stock discussion v2
US stock discussion v2
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Jan 27 2010, 11:23 PM
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Senior Member
1,345 posts Joined: Sep 2009 |
DOW is dropping now... 60 points.
Another dip.. wait for Fed news.. |
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Jan 27 2010, 11:41 PM
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All Stars
10,123 posts Joined: Aug 2007 |
Getting ready to bounce soon or the trap door will open..
Watch for Dow 10K and S&P1080 Financial bouncing back up but commodities tanking.. TCK, , PCX, FCX and ERX on sale now. This post has been edited by danmooncake: Jan 27 2010, 11:46 PM |
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Jan 27 2010, 11:43 PM
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Senior Member
1,345 posts Joined: Sep 2009 |
when ben want to announce?
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Jan 27 2010, 11:50 PM
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All Stars
10,123 posts Joined: Aug 2007 |
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Jan 28 2010, 12:06 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL |
yeah, so many cheap sale. The thing is please use own cash, right?
LVS down the drain. eh wait, some1 here is holding TP 20? In this uncertain market, just SHORT/LONG for a short term. Danmoon, are u still holding ur TCK, ERX and STEC? |
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Jan 28 2010, 12:22 AM
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All Stars
10,123 posts Joined: Aug 2007 |
QUOTE(zamans98 @ Jan 28 2010, 12:06 AM) yeah, so many cheap sale. The thing is please use own cash, right? Yes, I'm holding TCK (300%) and ERX (20%) but no position in STEC.LVS down the drain. eh wait, some1 here is holding TP 20? In this uncertain market, just SHORT/LONG for a short term. Danmoon, are u still holding ur TCK, ERX and STEC? I'm at breakeven point at TCK now. Stop Loss @ 32 I need to unload some if we get back to 38/39 This pullback has broken TCK 50 MA. |
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Jan 28 2010, 12:29 AM
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Senior Member
2,155 posts Joined: May 2005 |
wow cheap sales.......so many things to buy,...so little cash again...argh!
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Jan 28 2010, 12:44 AM
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All Stars
10,123 posts Joined: Aug 2007 |
QUOTE(mIssfROGY @ Jan 28 2010, 12:29 AM) Now is the time to start at least a small position if one hasn't done so.The longs should start a position at this level. The 500 points pullback is a gift. The greedy may want to wait for 1000 points pullback (Dow at 9500) which is unlikely but not impossible. |
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Jan 28 2010, 12:48 AM
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Senior Member
2,155 posts Joined: May 2005 |
QUOTE(danmooncake @ Jan 28 2010, 12:44 AM) Now is the time to start at least a small position if one hasn't done so. The longs should start a position at this level. The 500 points pullback is a gift. The greedy may want to wait for 1000 points pullback (Dow at 9500) which is unlikely but not impossible. Time to go bed....hopefully meets my target price and tmr greenday!! This post has been edited by mIssfROGY: Jan 28 2010, 12:53 AM |
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Jan 28 2010, 01:08 AM
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All Stars
10,123 posts Joined: Aug 2007 |
QUOTE(mIssfROGY @ Jan 28 2010, 12:48 AM) Time to go bed....hopefully meets my target price and tmr greenday!! Heck, funny it all seems the moons are aligned for bad news. Now, Toyota is issuing a massive recall, this does not bode well for them esp. earnings week. If we break below 10K and S&P 1080, I'll wear my bear suit. Update 2:21am Dow 10139 -55 S&P 1085 -6 T.Geithner being grilled by US Congress now.. so pitiful watching him. Open new position: BRK-B 69.95 Just added another small purchase of AAPL @ 200 to my long portfolio. Scooped up another batch of TCK 33.90, currently at 350%.. I'm so bloated I could puke. Update 3:30am Dow 10208 +10 S&P 1093 +1 US Fed says "We leave rate low". Will we get a pop? Closing update: 5:11am Dow 10236.77 +42.48 +0.42% Nasdaq 2221.41 +17.68 +0.80% S&P 500 1097.53 +5.36 +0.49% Well, .. the Fed came in the save the day after all.. Obama will speak today.. Ok, Obama, you got your wish, you got the banks and market on their kneels bowing to you, you win, and you better not say more things negative! This post has been edited by danmooncake: Jan 28 2010, 06:06 AM |
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Jan 28 2010, 08:48 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL |
QUOTE(danmooncake @ Jan 28 2010, 01:08 AM) Open new position: BRK-B 69.95 Just added another small purchase of AAPL @ 200 to my long portfolio. "The Fed's statement that "economic activity has continued to strengthen" since its last meeting injected some calm into a nervous market" AAPL is inching to 210 as I wrote last time, but I got no cash to hold. Congrats on your BRK.B, Err: i thought u said u won't touch it as it is crowded? TCK? or HL? My portfolio now : C AA S STEC ING Unfortunately, C is still there. I wanna move away from banking stock. Better option is insurance. |
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Jan 28 2010, 09:15 AM
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All Stars
10,123 posts Joined: Aug 2007 |
QUOTE(zamans98 @ Jan 28 2010, 08:48 AM) Green closing, as I have predicted yesterday. BRB-B dropped below 70, that was key. "The Fed's statement that "economic activity has continued to strengthen" since its last meeting injected some calm into a nervous market" AAPL is inching to 210 as I wrote last time, but I got no cash to hold. Congrats on your BRK.B, Err: i thought u said u won't touch it as it is crowded? TCK? or HL? My portfolio now : C AA S STEC ING Unfortunately, C is still there. I wanna move away from banking stock. Better option is insurance. Don't congrats yet, I could be holding this bag for long time. TCK = scooped up too much, overloaded at 350%, hoping I won't get margin call until I get around to make some decent profits. HL = holding 1/4 position only, queue to buy more at 4.8 but didn't happened. This post has been edited by danmooncake: Jan 28 2010, 09:18 AM |
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Jan 28 2010, 10:54 AM
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All Stars
17,018 posts Joined: Jan 2005 |
QUOTE(danmooncake @ Jan 27 2010, 10:23 PM) Sorry, whose 2011 budget? Sorry. I try to find back the news and paste here but can't find it. I read it from CNN yesterday.The earnings are modestly good so far. I don't see major problem but the shadows of uncertainty still lingering around with China and US bank rules. We're holding at the 100 day MA. I say we'll be flat or slightly down tonight. But, it is still good time to scour around and see which stocks are beaten badly - perhaps get some here and there. Good luck! |
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Jan 28 2010, 12:31 PM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid |
QUOTE(danmooncake @ Jan 28 2010, 09:15 AM) BRB-B dropped below 70, that was key. aren't u a day trader & dun believe in holding long term Don't congrats yet, I could be holding this bag for long time. in meantime, maybe I buy premarket, but stil in cautious mode » Click to show Spoiler - click again to hide... «
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Jan 28 2010, 09:32 PM
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All Stars
10,123 posts Joined: Aug 2007 |
Jobless claims (week ending Jan 23) - dropped from 478K to 470K
4 weeks moving average =up 9.5K to 456K (up) Continuous claims = dropped 4.602M vs. 4.659M prior week Durable Goods up 0.3% Basically, not a huge surprise. This post has been edited by danmooncake: Jan 28 2010, 09:36 PM |
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Jan 28 2010, 10:11 PM
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Junior Member
53 posts Joined: Dec 2009 From: Nearby |
everytime surprises, not good for heart. XD
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Jan 28 2010, 11:07 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL |
stock trading in tight range. This is quite rare. Perhaps waiting for more info on banks?
Range aka SWING is not that huge. Wait and see the afternoon session. |
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Jan 28 2010, 11:09 PM
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All Stars
10,123 posts Joined: Aug 2007 |
Interesting... it feels like Dow wants to touch 10K before it goes back up.
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Jan 28 2010, 11:12 PM
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Senior Member
1,345 posts Joined: Sep 2009 |
dropping 70 Points..
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Jan 28 2010, 11:14 PM
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Junior Member
53 posts Joined: Dec 2009 From: Nearby |
BIG red. XD thought would see an elliott wave.
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