Goldman hits the home run after hours reporting. We may see things pop up by the next day for banks stocks.  Time to take my profits on FAS. 

Good morning, I guess you missed the initial bull run for financials this week.. anyway, it was good enough for me. Bought FAS on Wednesday during pullback, sold FAS early this morning before closing.. pocketed $2K. 

You are correct, FAS/UYG aren't for long play.  XLF is a better play financial for long if you want to buy and forget.

Here's a recap of this week, the financials were definitely stars this week, started with Wells Fargo, Goldman, JP Morgan, and followed by Citi today. All of them reported have surprise earnings with good numbers, and some with better than expected outlook and still a bit more cautious going forward. Are they sustainable?. I'm not sure at this time. At least, the market sentiments are much better than last two weeks, some people were nervous because if financials aren't showing any signs of at least we're at the bottom.. the depressions are there. Wall Street hits the 3 month high with DJ hitting 8131.

For long, I'm not into Financials but into emerging markets like China and Brazil (iShares) which I believe will definitely has more even more growth opportunities given how their economies were standing up especially during this global recessional period. Hopefully, we'll continue to hear more good news from those regions as their govt are prepping to release their GDP data.

sogo trade? have not heard before. why don't you open a U.S. brokerage account directly with the broker in U.S.? If you use 3rd party brokers, you will be charged a hefty commission rate
You can try www.interactivebrokers.com they have an Asian hub in HK.
You can use that broker to trade U.S. stocks, ETF and options

Big News for Tech Stocks - Oracle (ORCL) Buying Sun Microsystems (JAVA).

Sun Microsystems popped up 35%. 

Rumor is, IBM failed to buy Sun earlier may re-offer higher price. 

hi...

pls help me....

www.sogotrade.com

im still new~@@

finally...

i can deposit $$ to sogo trade liao...

how is the market now

OmG..

i really lost a big chance...

MGM
LVS

super bull shares,do u think still can chase the bull now?

Hi to all OptionsXpress trader,

just one simple question, do you have to download certain software to trade? I will be doing trading on my office computer and it wont allow me to install any software.(i am following US working hours). Thank you

hi all,

well, etrade, dont have minimum ; if ure account less than ten k, then they will charge 40 usd every quater.
personally i prefer optioexpress than ameritrade.com
i have all those account etrade.zecco.sogotrade,ameritrade,optioexpress,osk188hk,
i think ameritrade is still lagging during peak hours. sogotrade; jangan harap.
etrade is the best in town, if u have deep pocket.
they use to offer debit card to all account user. i think they have withdrawal them, same with ameritrade.

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Added on May 15, 2009, 7:14 ampersonally i am doing online wire to my aboard account, take less than 24hours from uob/hsbc hongkong to us depository account.

I suggest you to look into this chart.

http://www.google.com/finance?q=aig

With over 1000% increase for this year and hitting 52 weeks high,
I think this one has run its course already. I won't buy it.

I am the same boat as you. I am looking at GE as well.

Arrgh. My fund still not credited to my trading account but already deducted from my bank account through ACH. Hopefully will credited when office hour start is US.

Anyone here do option trading? Seem interesting.

my fund just credited, i thought to buy today. 

By the way, how to see pre-market

i believe they allow, but not entirely sure. Because I already have a FOREX account with them.

Scratch out 5 days.. because this week is a wash.. we ended up where we started.
Next week.. September! 

Puts options in place? 

Yeah, the bulls getting tired and weary. All we need is some bad news around the corner (which is slowly already building with warning signs but market been ignoring) and this could roll over.  

Definitely.. more and more banks are going under. There are already prediction next year.. 200+ more to collapse.
US FDIC already run out of insurance money. This is going to be nasty. 

Hello,

about your options trading.  what are the tools (TA) that you are using ? i am now learning the put and call, but i am still uncertain about the TA to use. for example, the trainer needs us to complete the exercise berfore going in, and the 9 TAs include - BB, MACD, SMA, EMA, PAR SAR, OS, etc etc, and after this, i have to fill in a technical form that includes - Target Price, Entry Price, Stop Loss, Profit/Loss, Intrinsic Value ...

may i know what tools you use? thanks pal.

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Added on August 30, 2009, 11:55 amAnother question i wish to ask please: -

i am opening an account for options trading, but it seems that the Op.....xpress needs my passport but mine has long expired. any solutions or other reliable companies that i can open an account for US trades?

thank you.