Fcuk, was in profit of all my position. Hoping of a bad data, so that it will tank further and buy on DIPS. looks like it will not happen anytime soon.
Investing in US stocks, Does anyone know how?
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 Dec 4 2009, 10:33 PM
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#441
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL  
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Dec 5 2009, 12:09 AM
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#442
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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Everything off high today. Pointing to close lower today, from "less than bad" data.
Covered LVS short. Awaiting to cover INTC. LONG on DIPS |
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Dec 5 2009, 12:29 AM
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#443
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8,510 posts Joined: Dec 2004 From: KayEL
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Just covered short LVS @ 16 and now fcuked, it moved to 15.70's.
Will enter other position, perhaps ERX or TNA.. |
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Dec 5 2009, 12:48 AM
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#444
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8,510 posts Joined: Dec 2004 From: KayEL
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ahh, now my observation comes true.
We are hitting high and then all the way down, to clear the bumps and craps all the way before seeing another high. Too bad fast closing of LVS, scared of U turned. Re-enter again at 15.60, and another block at 15.45 and 15.00 |
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Dec 5 2009, 12:59 AM
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#445
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8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(danmooncake @ Dec 5 2009, 12:54 AM) Same here.. bulls are afraid of conviction above 10500. If we short at this level, we can take quick profit. I think you need to stop entering COMMODITIES related for a while, why not entering your favourita FAS, TNA? When it bounced and dive, just try to buy at the lowest for long. Looks like my ERX took another dive. Bought another 1/4 position at 37.35  Bought TNA 36.50 This volatility is FUN!!!   Bought another block of LVS at 15.70. TP 16.00 |
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Dec 5 2009, 12:25 PM
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#446
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(danmooncake @ Dec 5 2009, 05:20 AM) Closing update 5:20am since the data is good, time to raise interest rate to 1%?Dow 10388.22 +22.07 +0.21% Nasdaq 2194.35 +21.21 +0.98% S&P 500 1105.89 +5.97 +0.54% Wow!! What a ride.  I guess that's what happens what you get good Job numbers and Dollar up at the same time.Interest rates mulling caused this zig zag/push and pull for stocks. Anyway, how did you guys do today? I had a bad trading day. Short INTC @ 19.80 last Thurdsay, same with URE @ 6.25. Both having BAD results. Only LVS gave me hope. Short LVS 16.15, cover at 16.00, Long at 15.60 and 15.75. |
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