Watch out..AIG got downgraded today.
GE got upgraded! Price target: $17
Investing in US stocks, Does anyone know how?
|
|
 Sep 8 2009, 09:42 PM
|
 
All Stars
10,124 posts Joined: Aug 2007 
|
|
Quote|
|
|
|
|
Sep 8 2009, 09:44 PM
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL 
|
QUOTE(danmooncake @ Sep 8 2009, 09:42 PM) Watch out..AIG got downgraded today. MBtrading can short AIG, no restriction like C.GE got upgraded! Price target: $17  AIG down -9% in first 15 minutes - more bloodbath coming for AIG, hope my $$ is in and can start to short AIG |
|
|
Sep 8 2009, 09:44 PM
|
Senior Member
534 posts Joined: Dec 2006
|
QUOTE AIG downgraded to underperform at Credit Suisse LONDON (MarketWatch) -- Credit Suisse downgraded American International Group /quotes/comstock/13*!aig/quotes/nls/aig (AIG 36.42, -3.63, -9.07%) to underperform from neutral and slashed its price target to $15 from $30. The broker said a near-term monetization of the group's core businesses would leave "little to no value" for common equity holders. Credit Suisse added that it therefore believes new CEO Bob Benmosche's comments on slowing down asset sales are prudent, but that a two to three year monetization period through sales and IPOs likely still wouldn't produce meaningful value for equity holders. Maybe it might jump up again. Buying opportunity? |
|
|
Sep 8 2009, 09:51 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
SIN STOCK moving good lately.
Run from 14 late August to now 16.40 |
|
|
Sep 8 2009, 09:54 PM
|
|
All Stars
10,124 posts Joined: Aug 2007
|
Bought ERX @ 34.90, SL 34.70
Let see how high can Oil go this time...maybe $75 again.  |
|
|
Sep 8 2009, 10:09 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
ERX is moving fast, 35.20.
AIG still holding. DJIA going from bull to cow.. |
|
|
|
|
|
Sep 8 2009, 10:17 PM
|
|
All Stars
10,124 posts Joined: Aug 2007
|
AAPL (Apple) new price target is $200.
 Can't stop this Mac! |
|
|
Sep 8 2009, 11:12 PM
|
|
Senior Member
534 posts Joined: Dec 2006
|
Oh fish!
UNG is now 6.39% up USD10.15. |
|
|
Sep 8 2009, 11:34 PM
|
|
All Stars
10,124 posts Joined: Aug 2007
|
Sold! ERX 36 @ 500 .. $1.10 profits.
I'll wait for another pull back before trying again.  Oh by the way, I've also unloaded 3000 shares of C @ 4.95 this morning. I'll wait for a pullback below 4.50 to play again. The MM doesn't want C to go above $5. Anywhere near it.. we're seeing massive selling. This post has been edited by danmooncake: Sep 8 2009, 11:43 PM |
|
|
Sep 8 2009, 11:51 PM
|
|
Senior Member
534 posts Joined: Dec 2006
|
QUOTE(danmooncake @ Sep 8 2009, 11:34 PM) Sold! ERX 36 @ 500 .. $1.10 profits. I'll wait for another pull back before trying again. Oh by the way, I've also unloaded 3000 shares of C @ 4.95 this morning. I'll wait for a pullback below 4.50 to play again. The MM doesn't want C to go above $5. Anywhere near it.. we're seeing massive selling.  If only I had 10% of your trading knowledge, I'd be living a better life. Added on September 8, 2009, 11:53 pmAwaiting the credit report to be released. This post has been edited by mH3nG: Sep 8 2009, 11:53 PM |
|
|
Sep 8 2009, 11:59 PM
|
Senior Member
1,120 posts Joined: Jul 2006
|
QUOTE(danmooncake @ Sep 8 2009, 11:34 PM) Sold! ERX 36 @ 500 .. $1.10 profits. wah, nice profits.I'll wait for another pull back before trying again. Oh by the way, I've also unloaded 3000 shares of C @ 4.95 this morning. I'll wait for a pullback below 4.50 to play again. The MM doesn't want C to go above $5. Anywhere near it.. we're seeing massive selling. Im just waiting for big pullback. Doesn't enter any trades right now.  |
|
|
Sep 9 2009, 12:07 AM
|
|
All Stars
10,124 posts Joined: Aug 2007
|
QUOTE(dreams_achiever @ Sep 8 2009, 11:59 PM) wah, nice profits. Momentum is slowing down already. Looks like profit taking already taking place.Im just waiting for big pullback. Doesn't enter any trades right now. Look at C.. big boys are selling.  I'm waiting for closing..to see if this market can hold. |
|
|
Sep 9 2009, 12:17 AM
|
|
Senior Member
1,120 posts Joined: Jul 2006
|
QUOTE(danmooncake @ Sep 9 2009, 12:07 AM) Momentum is slowing down already. Looks like profit taking already taking place. Market too overbought.Look at C.. big boys are selling. I'm waiting for closing..to see if this market can hold. It will retrace anytime soon and ride with the bear trend. This month won't have high volume as there are no big impact news. All waiting for 3rd quarter results to be announce on mid of October. |
|
|
|
|
|
Sep 9 2009, 01:13 AM
|
|
All Stars
10,124 posts Joined: Aug 2007
|
Sigh... rally is fizzling.. wanting to unload some of my GLD but not going above 99 yet.
 End of day update: The bulls gave back some from earlier trading session but energy sector remains bullish for now. The financial sector didn't move much at all, infact some of the premarket gain has turned into loss. See how quickly C and BAC are being dumped. Maybe Financials are just late to take off. If we continue higher tomorrow, financial could move. Let's watch for FAS and FAZ tomorrow. This post has been edited by danmooncake: Sep 9 2009, 05:00 AM |
|
|
Sep 9 2009, 05:12 PM
|
Junior Member
8 posts Joined: Oct 2004
|
QUOTE(zamans98 @ Sep 8 2009, 12:49 PM) The deal collapsed. The deal still on hold but too bad the US cadbury CBY went up 40% during pre market trading itself. Didn't take the risk to buy that stocks before it went up...Well moving on to future mergers... My Blog, My ride |
|
|
Sep 9 2009, 06:05 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
pre-market looking weak.
SHORTs all up |
|
|
Sep 9 2009, 06:51 PM
|
Senior Member
1,139 posts Joined: Nov 2008
|
QUOTE(zamans98 @ Sep 9 2009, 06:05 PM) pre-market looking weak. Your fund already credited? What is your target today?SHORTs all up |
|
|
Sep 9 2009, 08:34 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
QUOTE(GHz @ Sep 9 2009, 06:51 PM) Your fund already credited? What is your target today? farkin slow. Malaysia is having a better banking system that the so call Great Economy. 1st world country with 3rd world country banking system.C, FAZ, URE oh no, UNG moved... |
|
|
Sep 9 2009, 08:55 PM
|
|
All Stars
10,124 posts Joined: Aug 2007
|
QUOTE(zamans98 @ Sep 9 2009, 08:34 PM) farkin slow. Malaysia is having a better banking system that the so call Great Economy. 1st world country with 3rd world country banking system. UNG - maybe good for short term play before the contract rollover to forward month. C, FAZ, URE oh no, UNG moved... |
|
|
Sep 9 2009, 09:21 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
UNG long or short?
Today I will just watch the movie 0f DJIA unfold. It will be range-bound and will be a tug of war between the bullbear and bullbull. No trading coz account will be credited today and hold 24hrs before I can do my trade  This post has been edited by zamans98: Sep 9 2009, 09:22 PM |
|
Topic ClosedOptions
|
| Change to: |  0.0286sec
 0.84
 6 queries
 GZIP Disabled
Time is now: 17th December 2025 - 08:14 AM |
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Powered by Invision Power Board © 2025 IPS, Inc.