that is long term, the day when they announce the change in IR, DOW can retrace 300-400pts within the day itself.

9000 seems solid for mid-term after the IR announcement.

Market is going to pause a bit tonight.. push a bit off the table, going a bit sideways but overall trend still upwards.
Buy small dip if you want to take advantage. Look for those stocks that haven't rally up yet.

AIG's pretty volatile these days. When it moves, it goes 8% either way.

FUQI anyone..

yeah, I never touch AIG so far.. its like 3x ETF

what to buy today?

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Added on November 10, 2009, 10:46 pmset to buy 130 C at 4.16.

This post has been edited by epalbee3: Nov 10 2009, 10:50 PM

My profile.

AIG, C, FRE.
All stay Suite Room already. After 3 year please remind me that I still own this counter.

ok, you also remind me of my KNM..

FRE I buy 2.1. Now

Your KNM?

0.855

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Added on November 10, 2009, 11:02 pmconfirmed bought 130 C at 4.16.



This post has been edited by epalbee3: Nov 10 2009, 11:02 PM

Thought tonite no one was gonna make comments, suddenly all alive It looks like a comfy nite, slight drizzle, the market is still up so can zz well. Thank god i did not panic & let go all my stocks in oct. Aapl go go go..

C is still languishing. Should i let it go at a loss & invest the $ in other stocks instead ?

This post has been edited by dripinrain: Nov 10 2009, 11:07 PM

FUQI got hammered yesterday with short sellers and institutional sell after the earnings news because of its low float.
IMO, nothing wrong with its fundamentals or 3rd qtr earnings. Infact, it is good. Outlook into 2010 1st qtr already stated
will be worse than 4th qtr ending Dec 31st (next one). 4th qtr earnings are projected to be excellent.

This stock speculative China play, small buy of FUQI at 19/20 should be ok but be prepare to hold if bear
raid continues.

This post has been edited by danmooncake: Nov 10 2009, 11:09 PM

LVS and MGM is already too high..
HL is at the top of the month..

so only can buy C.

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Added on November 10, 2009, 11:15 pmC is now 4.20, so unrealized gain of USD5.20.

This post has been edited by epalbee3: Nov 10 2009, 11:15 PM

Both LVS and MGM are prime for shorts..

bloody hell. my Short Q @ 17 wasn't filled. So angry . how the heck it can jumped Q?

C Unrealised gain of USD13.

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Added on November 10, 2009, 11:37 pmdrop pulak..

This post has been edited by epalbee3: Nov 10 2009, 11:37 PM

this is nothing. C can move 15-25cts last time. Now just way too much buyers/sellers. So it move slowly.
Like AIG smal buy.sell Q.

Unless C reverse their stock, it can be like AIG..

Sold 130 C at 4.20 only.

Earn peanut of USD5.20.

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Added on November 11, 2009, 12:07 amseems like I am the day trader type already..

This post has been edited by epalbee3: Nov 11 2009, 12:07 AM

I don't think LVS ever got to 17 yesterday or tonight. Highest is only 16.96 and it reversed.
It may retest again. Market is not tanking yet.. still wanting to go green but some profit taking are starting to take place. Dip buyers are standing by to give support.

Watching that S&P 1100, if cannot break thru 2-3 more times, definitely will reverse course.

yes, it was, after market, coz I placed order till after hours, but didn't got it.

anyway, no big fuss, only Q 150

Dow 10246.97 +20.03 +0.20%
Nasdaq 2151.08 -2.98 -0.14%
S&P 500 1093.01 -0.07 -0.01%

Dow closed just a tad higher than yesterday but both NAS and S&P lost a few points only. Essentially we're flat.
Market doesn't want to tank yet but slowed tremendously already.

No trade for me today.. but still holding some TNA bought at 38 level.

This post has been edited by danmooncake: Nov 11 2009, 05:14 AM