huge block at 459, about 1,900,000 shares BUY/LONG!!

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Added on September 10, 2009, 10:36 pmhttp://www.forbes.com/2009/09/09/september-bear-fear-markets-equities-volatility.html?

Forbes, on C @ $5.

Sudden surge in C trading today but little change in value.

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Added on September 10, 2009, 10:52 pmwhat the h3ll? AIG up from low 37 to now 40. stubborn AIG. never wanna drop dead..

This post has been edited by zamans98: Sep 10 2009, 10:52 PM

Natural gas in storage is now at 3,392 billion cubic feet up 69 billion cubic feet and the peak capacity is around 3,889 billion cubic feet. If this keeps up, the storage should fill up within 7 weeks sans any natural disasters.

Funnily enough, UNG has moved up 3.78% today. Something must be wrong here...

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Added on September 10, 2009, 11:31 pmHats off to those who bout them under the dollar.

Maybe in the next run up we'll see C hitting USD10.

This post has been edited by mH3nG: Sep 10 2009, 11:31 PM

A lot of speculators are playing Natural Gas here.. could be quite dangerous to play but when it near the top, be sure you're the first to leave the exit door when it burst open.

Tonight, S&P is nearing the top again at 1040 and Dow want to re-test 9600.

I'm ready to buy some ERY and DRV for swing trade.

Financials aren't moving with the market tonight.

Update 4:21am:

Wow! We broke new resistance line, with DJ closed above 9600 and S&P above 1040.

I was wrong. Financials did move after all. I was too busy watching ERX/ERY, and missed the move for FAS.
BAC moved up pretty quickly once it was down to 16.70 (I missed this too!)

I've bought some ERY at around 15.25 for swing trade.









This post has been edited by danmooncake: Sep 11 2009, 04:25 AM

FRE not moving lately?

I think day traders probably got tired of these two twins: FRE/FNM.

Gold related stocks/etf all up 2-5% on average.

Woot! Wait for me ...

Gold and Silver up again.

if KNM showing poor volitility, i want to trade in US or HK...

No need to think twice, trade US stocks.
You will enjoy the fun riding with it

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Added on September 11, 2009, 9:11 pmYup. Commodities trying to set new high.
Another new high for silver since March 2008, peak of 21.31.

This post has been edited by dreams_achiever: Sep 11 2009, 09:11 PM

I agree!! The roller coaster in US is more fun!

But, one must also make sure they don't have faint of heart.

Tonight, going to cash out DRN since it has gone up so much.
Might go short again if the worm turns south.

This post has been edited by danmooncake: Sep 11 2009, 09:17 PM

Looking weak, may tumble today. Hang on..

Next Dow target: 9.8K. short

Can you describe the feeling of roller coaster more in details?

The price range it fluctuates?

Let say on the scale of 1 to 10.. if you're at 1 on day 1, it can go to 10 in 10 trading sessions for normal stock.

Now, take that and say if you play with the UltraPro leverage 2x fund. That means double the volatility.

Now, take that again and if you're brave (or silly) like me, play with 3x fund, that triple the volatility.

Well, depend on which stocks that you selected.
For example: AIG from USD12 (early Aug) to peak USD55 (end of Aug).
Citi from USD1 (March 2008) to USD 5 in 6 months time. and there are many stocks has gone up at least 500%.
You can check it out on finance.yahoo.
Somemore if you trade options, one day can up 200%. And the most important was VOLUME.
NYSE is the biggest stock exchange in the world. So you can expect volatility is very high.

Everyone here would agreed with me that trading in US was exciting

I have only Rm10k, what are the stocks i can go for? I don't mind holding as long as it grows. My maximum holding would be 2 years.

Any suggestion?

For that amount to be truly diversified and long, better go for the safer Index fund like SPY and VTI (the one that Dreamer has suggested last time).

I have only Rm10k, what are the stocks i can go for? I don't mind holding as long as it grows. My maximum holding would be 2 years.

Any suggestion?

I'm longing C myself. I'm hoping it can recover back to USD30 in 3-5 years time.
It's a long shot but anything can happen in a few years time.

Debbie, you can go for ETF but don't touch the 2x or 3x like Direxion and powershares.

Use simple ETF (which against a basket of selected companies)

Visit here for more understanding

http://education.wallstreetsurvivor.com/energy-etfs