Investment tracking

[ShaneFalco]

down 5.5% in premarket... i knew i didnt like the idea of sleeping on this one...

putting in a stop at 9.25 so i can least say i made profitz


bulls make money
bears make money
pigs get slaughtered

i know cramer can be a buffoon, but this is the one thing he always says that makes a lot of sense

 

[quantumleap]

down 5.5% in premarket... i knew i didnt like the idea of sleeping on this one...

putting in a stop at 9.25 so i can least say i made profitz


bulls make money
bears make money
pigs get slaughtered

i know cramer can be a buffoon, but this is the one thing he always says that makes a lot of sense

Yeah. That's a good strategy.

As far as Cramer goes, no one is wrong 100% of the time. Even some of his suggestions turn out to be right.

 

[ShaneFalco]

oh i know i actually enjoy watching cramer... just seems he takes the brunt of a lot of criticism

 

[ShaneFalco]

stopped out at 9.80... so far i would consider this a success

im only risking a minimal amount compared to you guys, im just trying to feel these things out going off whats worked and what hasnt

 

[DeathEatsaCracker]

oh i know i actually enjoy watching cramer... just seems he takes the brunt of a lot of criticism

Every bit of it deserved.

 

[SpreadDestroyerr]

Weirdest action I can remember seeing in financials today. Very strange ...

 

[DeathEatsaCracker]

I think instead of longing FAZ, I'm going to try to short FAS. I've never shorted a stock before, so I'm waiting for a reply back from optionsXpress to see what qualifications I need to meet.

If/when the market tanks, I want to be there when FAS goes to zero or reverse splits.

I read on a message board (grain of salt alert) that Direxion was going to let them go to zero, close them out and restart with a Bear/Bull that resets monthly instead of daily.

 

[quantumleap]

Something tells me this market won't be rallying so I'm holding on to my FAZ. I'll continue to keep an eye on it though.

 

[DeathEatsaCracker]

Bought 225 shares of FAZ @ $9.52.

 

[DesertNole]

Bought 225 shares of FAZ @ $9.52.

Relax buddy, last 1/2 hour should be interesting. To quote Maximus,

"HOLD!!!"

 

[DeathEatsaCracker]

Out at 2:59 no matter what, but I think it's going to close up for the day.

It's 250, not 225.

 

[DesertNole]

The market manipulation going on today is mind boggling

 

[DeathEatsaCracker]

Yeah...sold.

 

[DeathEatsaCracker]

Hey everyone!! Chrysler is filing for bankruptcy!!

RALLY!!!!

 

[DesertNole]

This is comical. Look at the trade volume today....252 million, over 170 million short of the 50 MA...nothing to justify this rally. Pure market manipulation at its finest.

 

[DesertNole]

Can someone explain to me why we even have the SEC?

 

[quantumleap]

Stopped out @ 9.23 earlier in the day.

Bought 2000 shares FAZ @ 9.40.

Stopped out at 9.40. It's a wash.

 

[Michelangelo]

Bought a shitload of SKF at 61 and a shitload of SRS at 27.50.

I'll be stunned if this market doesn't turn down tomorrow. I'll also be f*d.

 

[SSI]

Michael, you may be stunned....

dont count on it turning............. its been a tough market and we make another leg up..

SSI

 

[quantumleap]

Bought a shitload of SKF at 61 and a shitload of SRS at 27.50.

I'll be stunned if this market doesn't turn down tomorrow. I'll also be f*d.

You don't have to be f'd. Just use sound investing principles and if it falls get out before you lose your ass.