Market opens in 30 minutes, WHO'S IN?

**buztah** · 10-16-09, 08:52 AM

Industrial output report better than expected. Consumer sentiment on deck. Come on, babay!

**buztah** · 10-16-09, 09:10 AM

Allah bless me but I think this is a bear trap (fake island reversal). Double down FAS 85.90s. Looking for a flip at 88-90 next week, me thinks.

**buztah** · 10-16-09, 09:23 AM

Added DNDN 29.70s here. Love the chart for a break to 33-35 ish.

**Shafted69** · 10-16-09, 10:20 AM

Just woke up and noticed got stopped out of FAS @ 91 ............ thank goodness

**buztah** · 10-16-09, 10:23 AM

Shafty, good man. I am in with a cost average at about 89. Still in DNDN too. That industrial output report was really ice and I just have a gut feeling this is a bear trap as everyone predicted a run to 10k dow followed by a selloff. Seems too easy to short here. I think they catch a few bears here and continue to Dow 10,200 or so next week. It's a gamble.

**Shafted69** · 10-16-09, 10:32 AM

Its a perfect time for quick trades on either FAS or FAZ. The battle for Dow 10,000 just begun. Volatility will be going up.

**Shafted69** · 10-16-09, 01:18 PM

Trish Regan is hot !

**buztah** · 10-16-09, 01:27 PM

You're tellin' me! I wish there were an "after hours CNBC" where we get to see all the broads topless.

**Shafted69** · 10-16-09, 02:39 PM

Back in FAS @ 87 ........... Have A Great Weekend Buztah!!!!!!!!!!

**buztah** · 10-16-09, 02:42 PM

You too, Shafty. Been a fun week. May ETFC, DNDN and FAS pop next week. Cheers, mate!

**buztah** · 10-19-09, 08:33 AM

In ETFC 1.76 here. Like the curl up on the chart now.

**Shafted69** · 10-19-09, 09:51 AM

raised FAS stop to 87.50

**Shafted69** · 10-19-09, 09:55 AM

stopped out of FAS for .50 gain. setting buy limit @ 86

**buztah** · 10-19-09, 10:01 AM

Out FAS 87.60s and took about a point and a 1/2 loss. Just killed ETFC at 1.72 as well. Only open trade is DNDN.

Get em, shaftay!

**Shafted69** · 10-19-09, 10:18 AM

setting buy limit FAZ @ 18.

**buztah** · 10-19-09, 10:21 AM

Shaftay, can't get a good read on the market today. I'm watching FAZ too.

**Shafted69** · 10-19-09, 11:02 AM

The only good read today is Michelle Carusso's Hooters.

On a serious note, Apple reports after the bell. S&P 500 PE is currently about 15

**kmarinouofm** · 10-19-09, 01:32 PM

Get as Much apple as you can get guys... i can't say why.. but just trust me when i say this.. i don't ever talk about stock on this forum... but get apple and get lots of it.. 4th quarter they are going to crush it.. Trust me!!

**Shafted69** · 10-19-09, 02:14 PM

Originally posted by kmarinouofm

Get as Much apple as you can get guys... i can't say why.. but just trust me when i say this.. i don't ever talk about stock on this forum... but get apple and get lots of it.. 4th quarter they are going to crush it.. Trust me!!

I've been long 20% of my portfolio AAPL since it was 100. Can't buy anymore, saving some powder to trade FAZ & FAS. Contemplating dumping half my positions in AAPL.

**buztah** · 10-19-09, 02:28 PM

I will trade AAPL but too risky to hold overnight into earnings. GL to you though.

**RageWizard** · 10-19-09, 04:34 PM

It is always a huge risk to hold stocks as they report. Even with today's blow out report from apple. You can expect a pop in the stock, but what out for sellers to sell into the rally, like me actually, I held on to 25% of my position today at the close as I sold the remaining 75% of the position about 2 minutes before the close. Now I'm looking to unload it onto someone tomorrow, and then buy it back after a pullback.

**kmarinouofm** · 10-19-09, 05:14 PM

appl is going to move like nothing you guys have ever seen.. not sure when.. but its coming..

**Shafted69** · 10-19-09, 05:49 PM

kmarinouofm ..... it's up big in the after hours. I just dumped half my AAPL positions @ 200. Letting the other half ride. Will buy back in the 180's if it corrects.

**kmarinouofm** · 10-19-09, 06:05 PM

shafted.. this stock is going to hit over 240.. insiders at appl have been shown reports of over 300 .. already said more then i was supposed to

**Shafted69** · 10-19-09, 06:08 PM

Let's hope they do a 2 for 1 stock split. I'll have the same amount of shares once again. Or better yet 3 for 1 LOL.

**buztah** · 10-20-09, 08:41 AM

Nice work on AAPL, shafty et al. Let's make some money, boys!

**buztah** · 10-20-09, 08:42 AM

Out DNDN 29.teens here. Back to all cash. We start the week down 4 k with the FAS, ETFC and DNDN loss.

**buztah** · 10-20-09, 08:47 AM

In FAZ 18.93s here. Market feels ripe for some profit taking to me today.

**buztah** · 10-20-09, 10:50 AM

Out FAZ 19.03s. Tough way to make $175.

**Shafted69** · 10-20-09, 11:26 AM

Go Buztah ! Kick the brokers in da balls !

FAS limit buy @ 86 filled ......... looking to make a quick hit today. Also, setting stop loss @ 85

**buztah** · 10-20-09, 12:13 PM

Get that FAS, Shaftay! I am watching closely now for the next play.

Maria CC looks fine in black doesn't she? Bet she has a nice black lil thong on underneath. Hmmm hhhmmmm!

**Shafted69** · 10-20-09, 12:26 PM

She looks better with no clothes on LOL!!!!

**buztah** · 10-20-09, 01:05 PM

In FAS 84.80-.82

**buztah** · 10-20-09, 01:12 PM

Out FAS 85.02 for a quickie scalp.

**buztah** · 10-20-09, 01:18 PM

In FAZ 19.14