20thGix Posted June 12, 2012 Report Share Posted June 12, 2012 Today i finally dug mysef out of the hole i created last week. Quote Link to comment Share on other sites More sharing options...
VanDy Posted June 12, 2012 Report Share Posted June 12, 2012 Just got in on this! We will see what happens tomorrow!! Short sales -VanDy Quote Link to comment Share on other sites More sharing options...
obesityrules Posted June 12, 2012 Report Share Posted June 12, 2012 made a few picks today, I probably would have had better luck sitting on the 100k Quote Link to comment Share on other sites More sharing options...
jbot Posted June 13, 2012 Report Share Posted June 13, 2012 booooo i liked being in 1st place Quote Link to comment Share on other sites More sharing options...
buildit Posted June 13, 2012 Author Report Share Posted June 13, 2012 FTR and JPM have done okay but my hopes for FB seem to be failing me. Their next report is due end of July so I have to decide to either sit and wait or get out next time it hits break even status of 27.75 again. Quote Link to comment Share on other sites More sharing options...
buildit Posted June 13, 2012 Author Report Share Posted June 13, 2012 Well, I have market gitters for the rest of the week so I pulled all threeFB in @27.75 out 28= $250JPM in @ 32.5 out 34 = $1050FTR in @ 3.50 out 3.70= $$200works out to a nice $1500 gain for now but I think by next week I'll be glad I bailed. Quote Link to comment Share on other sites More sharing options...
c7fx Posted June 14, 2012 Report Share Posted June 14, 2012 what a ride today. I only wished that trades didn't take 15 min to process because I could have cleaned up in the last hour HA HA! Quote Link to comment Share on other sites More sharing options...
20thGix Posted June 15, 2012 Report Share Posted June 15, 2012 what a ride today. I only wished that trades didn't take 15 min to process because I could have cleaned up in the last hour HA HA!I catch myself yelling at the computer screen sometimes. Quote Link to comment Share on other sites More sharing options...
VanDy Posted June 15, 2012 Report Share Posted June 15, 2012 I'm with you on this!! Think I need to read up on just how to do a short sale thou.. I should have done better than I did on my FB short! Lol But slow and steady -VanDy Quote Link to comment Share on other sites More sharing options...
buildit Posted June 15, 2012 Author Report Share Posted June 15, 2012 I'm with you on this!! Think I need to read up on just how to do a short sale thou.. I should have done better than I did on my FB short! Lol But slow and steady -VanDyOverall I think FB is still in a position of real uncertainty and will drop again, but come end of july when it's first numbers get released it will really take off. Quote Link to comment Share on other sites More sharing options...
VanDy Posted June 15, 2012 Report Share Posted June 15, 2012 I only need it to drop a whole bunch in a day to make money off a short sale!! -VanDy Quote Link to comment Share on other sites More sharing options...
buildit Posted June 15, 2012 Author Report Share Posted June 15, 2012 Watching the market today and thinking WTF? Every indicator says production is down, world economy on the edge of recession and politicians can't stop the bleeding. So why is the market jumping on the news the world bank is prepared to "Cushion" markets if Greece collapses? Is this a showing of just how clueless the markets are or is Europe fleeing to the US market making for a stock bubble that will burst next week?Anyone else have an idea or theory? Quote Link to comment Share on other sites More sharing options...
c7fx Posted June 15, 2012 Report Share Posted June 15, 2012 I only need it to drop a whole bunch in a day to make money off a short sale!! -VanDyI only need it to rise a whole bunch to make a shit load of money with my long position What a crap shoot today with the quadruple witching and the Geek vote this Sunday Quote Link to comment Share on other sites More sharing options...
buildit Posted June 15, 2012 Author Report Share Posted June 15, 2012 I only need it to rise a whole bunch to make a shit load of money with my long position What a crap shoot today with the quadruple witching and the Geek vote this SundayWell, today defied all logic IMHO. I am seriously lacking a big piece of information or the big gamblers took over the market today. I mean the reality is that Monday could become a record making crash depending on what happens this weekend. I'm kicking myself for getting out of some stuff yesterday because I was predicting a big sell off before the weekend. Anyone have a time machine so I can go back two or three days? Quote Link to comment Share on other sites More sharing options...
Disclaimer Posted June 15, 2012 Report Share Posted June 15, 2012 My money market is now $100,034.53.Everyone with less money should feel the shame of their decisions. Quote Link to comment Share on other sites More sharing options...
c7fx Posted June 15, 2012 Report Share Posted June 15, 2012 I think the reality is many good companies are being beaten down by the rumors of Europe. Yes its a global market but when companies report profits and still loose market share just makes me scratch my head. Between emotion and computer trading I think this market is going to be crazy for a while. Definitely a fun place to be in if you can stomach it LOL. Quote Link to comment Share on other sites More sharing options...
YSR_Racer_99 Posted June 15, 2012 Report Share Posted June 15, 2012 Gold salesman called me this afternoon, said that we're at the end of a bull market, and everything is about to crash, so I should pull stocks (if I have any) and invest in metals. Gave me www.businesscycle.com www.demonocracy.com and told me to google "tony robbins dire wakeup warning". I think I just saw a piece of the sky falling outside my window. Quote Link to comment Share on other sites More sharing options...
buildit Posted June 15, 2012 Author Report Share Posted June 15, 2012 My money market is now $100,034.53.Everyone with less money should feel the shame of their decisions.$101,500. I suppose I could buy a CD at .2% for a month. I have several indicators I have used to judge the market direction and status. They are ALL pointing down and not just a little down, but DOWN! That is why today just blows me away. As I said the ONLY thing that makes sense is that there was a mass exodus form European markets and Big Players spent there Millions of Euros buying up devalued US shares for one reason. If the Euro fails they can sell their US shares for dollars! Quote Link to comment Share on other sites More sharing options...
serpentracer Posted June 15, 2012 Report Share Posted June 15, 2012 the stock market is legal racketeering plain and simple.nothing is on the verge of collapse. it's smoke and mirrors the guys with all the money are doing it on purpose. Quote Link to comment Share on other sites More sharing options...
VanDy Posted June 15, 2012 Report Share Posted June 15, 2012 I'm slowly making money. 101800, not bad for 2 days work!-VanDy Quote Link to comment Share on other sites More sharing options...
serpentracer Posted June 16, 2012 Report Share Posted June 16, 2012 (edited) I'm slowly making money. 101800, not bad for 2 days work!-VanDy in the stock market? did you start out with 80k to invest or something?everything I've learned about the stock market makes it not worth it unless you already have tons of money to dump in it to start with.the average joe is wishfull thinking and wasting time. it's a rich man's gameeveryone I now that has money in it act like big shots and watch the ticker and newspaper like their some important big shot. when I ask them how much they got in there it's always like 8k 10k 12k that took them 10 years or more to get.for crying out loud, I can make that kind of money wheeling and dealing cars on the weekends with the help of craigslist. Edited June 16, 2012 by serpentracer Quote Link to comment Share on other sites More sharing options...
VanDy Posted June 16, 2012 Report Share Posted June 16, 2012 in the stock market? did you start out with 80k to invest or something?everything I've learned about the stock market makes it not worth it unless you already have tons of money to dump in it to start with.the average joe is wishfull thinking and wasting time. it's a rich man's gameeveryone I now that has money in it act like big shots and watch the ticker and newspaper like their some important big shot. when I ask them how much they got in there it's always like 8k 10k 12k that took them 10 years or more to get.for crying out loud, I can make that kind of money wheeling and dealing cars on the weekends with the help of craigslist.I was referring to the game -VanDy Quote Link to comment Share on other sites More sharing options...
Radio Flyer Posted June 18, 2012 Report Share Posted June 18, 2012 So much for the market dumping. Quote Link to comment Share on other sites More sharing options...
buildit Posted June 18, 2012 Author Report Share Posted June 18, 2012 So much for the market dumping.No Crap. Whatever is driving the market sure isn't being released by the analysts. Fits the term Bulls running wild in the streets. Quote Link to comment Share on other sites More sharing options...
magley64 Posted June 18, 2012 Report Share Posted June 18, 2012 I'm still towards the middle of the pack, but losing ground... Quote Link to comment Share on other sites More sharing options...
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