Obama speech looks like good news, sounds like good news

But market tank 3% 

My long position totally got killed 

It will be meritorious to do some compilation as thread starter.

Nasuada.
Its US's jackpot if china really did FDI in US. Creating jobs and pumping some money into their horrendous economy. I wonder what's the law hindering the Chinese?

Nasuada.

Finally s&p 1233 gives way

I just shorted.. bought some puts when SPX touched 1338 area. 

The short term bull traders will want take some money out for the weekend..
so trading this zig zag pattern for now.

No new money really coming into the market. Funds aren't really buying yet.
Just that money being rotated from one sector into another.

All right

Time for some high risk counter trend short

Shorting S&P 500 at 1275 if ever reach there 

Tonight US announce 3rd quarter GDP at 8.30pm

Expectation is 2.5%growth

So high expectation 

Last quarter baru 1.3% 

So when you're starting your US trade?

You've been talking here for quite some time 

The market is very volatile lately so I think you will stand to gain all the way. 

I think those who were playing the Dow were making too much money or they got smacked down badly
and hiding in the bunker now. I'm betting the latter. 

The volatility shook off a lot of people who were in the market since August. Now, Europe trumps everything.

Dow recovers some but still hasn't safely cross above that 200MA line. So, basically any less than stellar news will definitely take us back to prior year price.

Nevertheless, I'm still here.

Let's roll. 

US stock market still the "Dai Lou" in the world and it always impact the whole world market. To have a consolidate view on US, UK, AU, Canada, Singapore, Malaysia share market.

Go to: http://www.i3investor.com/

My bet will be on the down side too 

We've seen a lower high, lets make it a lower low tonight   

Whoa.. sorry not going to click that link.  If you want, feel free to contribute here. 

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Added on November 11, 2011, 8:50 pm

Not sure about the "we" part. I think you may speaking for yourself.
Not that I don't believe in long term investing but "long" is relative nowadays.

I'm of a believer that the days of the BUY and HOLD have change and may not be applicable anymore.

You really have to be very good stock picker or able to create a strong portfolio to withstand
the dynamics of the market. I've seen good companies been taken the cleaners just because of market conditions and investors basically end up FLAT even after 10 years.

Oh well, to each its own. 

As for that part.. I believe they do allow that as part of that "regulated" process.
But, it seems pretty strict and only on certain counters. All of them seems too strong
and no volume to allow short sellers to take advantage of it.

To successful short anything, one have to take advantage of the down market when it happens and hit on
the bloated and high beta ones.

For example: This recent parabolic rise for HARVEST is good candidate.  This looks like an awesome bull trapper.
So many people chasing this POS.

Bull want to enjoy Christmas

Closing for Nov 23

Dow 11257.55 -236.17 -2.05%
Nasdaq 2460.08 -61.20 -2.43%
S&P500 1161.79 -26.25 -2.21%

LVS playbook: long 45 Nov weeklies PUTs to hedge my 1000 shrs of LVS
AAPL playbook: long 360 Jan Calls, short 370 Dec calls

Long TZA.

I'm expecting flat or small bounce on Friday evening (half trading day) and roll over again next week.