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      06-01-2011, 11:44 AM   #1233
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The US job reports come out Friday and the expectation is that u employment will go up. Job hiring is crap and the private sector only added 38,000 jobs compared to the 200,000 in April. I'm thinking the DOW will be down to the very low 12,xxx. Puts are already in progress.

I would not be suprised that once QE2 ends, will be in the negative territory with job reports, and possibly 10K DJ by FALL.
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      06-01-2011, 11:55 AM   #1234
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The Feds are thinking of going into QE3 but that would only weaken the dollar.
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      06-01-2011, 12:37 PM   #1235
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Looks like SPY puts are paying well these days.
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      06-01-2011, 12:50 PM   #1236
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Looks like SPY puts are paying well these days.
I thought about shorting SPY last week but did not...
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      06-01-2011, 04:05 PM   #1237
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Damn! Was so close to breaking even on SU and PAAS and then they both tank again. Seriously thinking of cutting my losses and just calling it a day with those 2
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      06-01-2011, 04:33 PM   #1238
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Slaughtered today...
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      06-01-2011, 04:36 PM   #1239
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Dow -280. Slv is down 4.95% and csco is in the same boat. I'm expecting it do be flat tomorrow and slide once again to maybe below 12,000 by the end of Friday.
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      06-01-2011, 11:10 PM   #1240
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The markets aren't what they used to be IMO. Now they're constantly being manipulated by uber-wealthy investors and today they fell because of all the sell-offs and shorting of stocks.
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      06-02-2011, 11:15 AM   #1241
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Like I said, markets will be flat today and will fall tomorrow by about 160 points on the Dow.
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      06-03-2011, 09:50 AM   #1242
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Seems I'm correct about the markets. They could get better by the end of today and that's when I'll be buying mostly. I'll be getting a majority of SIRI. But we should see the DOW in the green Monday.
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      06-03-2011, 02:01 PM   #1243
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Crap, I knew I should have bought SOLR back when it was $10. Way up today and they've been getting lots of big orders in and lots of press lately.
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      06-03-2011, 02:10 PM   #1244
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CSCO and SLV.
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      06-03-2011, 02:21 PM   #1245
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Buying some SPY calls when the market opened down around 140 points today would have been a great play but I was on board my flight still so I missed that one. By the time my flight landed I had missed out on that play.
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      06-03-2011, 04:10 PM   #1246
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great...... tesla was up 9% and I had to go into a meeting for two hours and I get out and its only above 4.5%. Guess I'll hold onto it. Bought it at 26.10. I also bought INTC about a buck too high so now im stuck holding onto that... at least it pays a nice dividend.

right now ive got light positions in PFE INTC and TSLA. I'm obviously looking to expand into some other solid buys. What are you suggesting? I'm looking into ARMH currently.
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      06-03-2011, 08:05 PM   #1247
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I was on YouTube a bit today looking at exotic cars.... All I want right now is to make enough money trading to afford a Lamborghini. I'm going to make it my goal this summer. I'll buy a used Lamborghini for no more than $150,000. Now if I only knew what will go my way...
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      06-03-2011, 11:40 PM   #1248
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Quote:
Originally Posted by AngelinIsRich08 View Post
I was on YouTube a bit today looking at exotic cars.... All I want right now is to make enough money trading to afford a Lamborghini. I'm going to make it my goal this summer. I'll buy a used Lamborghini for no more than $150,000. Now if I only knew what will go my way...
I'm with you on this one buddy.... let's make a plan haha.
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      06-04-2011, 12:02 AM   #1249
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^^^ CSCO is 50/50 now. Might go up or might go down.... I'm going to buy sell to open July CSCO puts. Anything under $16.00 should do. I just don't know where to start. Most of what I'm trading with now is losing me money. I made money with aapl this week though.
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      06-04-2011, 01:22 AM   #1250
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Quote:
Originally Posted by AngelinIsRich08 View Post
^^^ CSCO is 50/50 now. Might go up or might go down.... I'm going to buy sell to open July CSCO puts. Anything under $16.00 should do. I just don't know where to start. Most of what I'm trading with now is losing me money. I made money with aapl this week though.
I haven't been active in my trading and after taking a massacre and losing thousands daily since the last little "dip" began I've ended up back to where I was 6-7 months ago

I've just been sitting tight and holding on and been busy with other stuff since I was doing so well in my holdings. I'm going to start doing some research and look into some new plans. I really need to get off my ass.... I've been wasting time on e90post trying to save money on mods when I could have just saved one day's losses and paid for all the mods I could have wished for
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      06-04-2011, 12:59 PM   #1251
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Quote:
Originally Posted by AngelinIsRich08 View Post
^^^ CSCO is 50/50 now. Might go up or might go down.... I'm going to buy sell to open July CSCO puts. Anything under $16.00 should do. I just don't know where to start. Most of what I'm trading with now is losing me money. I made money with aapl this week though.

Apple had a nice run this last week. I am watching Silver very closely now. Silver will be a good buy if we see any more losses.
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      06-04-2011, 01:04 PM   #1252
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My ATT stock took a dump this past Friday. Should have invested in Apple.
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      06-04-2011, 02:32 PM   #1253
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Hopefully the market picks up again next week. I don't know what would cause it to go up but I'm hoping it does. Maybe some news out of Europe will do that.
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      06-04-2011, 04:06 PM   #1254
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Quote:
Originally Posted by AngelinIsRich08 View Post
Hopefully the market picks up again next week. I don't know what would cause it to go up but I'm hoping it does. Maybe some news out of Europe will do that.
alright 18 year old baller
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