Market opens in 30 minutes, WHO'S IN?

**buztah** · 11-04-09, 11:49 AM

Shafty! Good of you to check in. Soak up that good food n culture while you can.

The FED stmts oughtta be rich today. LOL!

**Shafted69** · 11-04-09, 12:19 PM

sold FAZ 21.90. That takes care of my trading addiction for today. Goodluck BUZ !

**daggerkobe** · 11-04-09, 12:27 PM

+120

7 month "mini" Bull run continues.

**buztah** · 11-04-09, 02:29 PM

No rate hike is horrible for the dollar and confirms that the so called economic recovery is a farce. The FED needed to raise rates if it wanted to confirm its hollow words with action. This maintenance of the same rate speaks volumes and is great for FAZ imho. Carrying her home tonight.

**buztah** · 11-04-09, 03:11 PM

Shafty, gold is goin' gonzo here! The greenback is phucked! That "extended period" language is killin' the USD! Great for FAZ holders but the FED just phucked the currency big time!

**buztah** · 11-04-09, 03:45 PM

Shafty, Fins getting CRUSHED eod here! FAZ bookin' up hard. If no intereference from the Feds tomorrow, you could see an epic selloff in the fins and a massive rise in FAZ FAZ FAZ! Takin' the whore home tonight!

**Dark Horse** · 11-05-09, 06:14 AM

A rare IPO today.

H.

For Hyatt! Not the best of timing. Apparently a family feud.

**buztah** · 11-05-09, 09:19 AM

Hi, DH, I've never played an IPO on day 1. You gonna take a stab?

**buztah** · 11-05-09, 09:36 AM

Locked in FAZ profit 22.56 here.

**buztah** · 11-05-09, 09:37 AM

Monitoring for reentry. The candles yesterday on the XLF and GS looked bearish. If I can get FAZ again sub 22, that'd be soopa!

**buztah** · 11-05-09, 10:45 AM

Back in FAZ at 21.99 - 22.02 here.

**buztah** · 11-05-09, 11:12 AM

Took FAZ profit 22.28s.

**buztah** · 11-05-09, 11:40 AM

Goin' for a run and have a GTC buy in for FAZ at 21.85 pps, in case she drops there while I'm exercising.

**buztah** · 11-05-09, 01:08 PM

Back from the run (phuck it's too cold and it's only November). Pulled GTC buy and am watching for entry here.

**buztah** · 11-05-09, 01:31 PM

Back in FAZ high 21.90s here.

**Dark Horse** · 11-05-09, 01:47 PM

Originally posted by buztah

Hi, DH, I've never played an IPO on day 1. You gonna take a stab?

I could only short a hotel chain these days. Up 12% on first day, but we'll see where H is a month from now.

Could be good for IPO's in general, though. I could see this stock being artificially inflated for a while; to encourage other IPO's.

**buztah** · 11-05-09, 01:50 PM

Heavy add on FAZ 21.68 here.

**Shafted69** · 11-05-09, 03:19 PM

Just bought NVDA @ 12.16 . They report after the bell. I'll probably regret it LOL!

**daggerkobe** · 11-05-09, 03:20 PM

DOW just surged past 10,000.

SELL SELL SELL!!!!!

**Shafted69** · 11-05-09, 03:22 PM

Originally posted by daggerkobe

DOW just surged past 10,000.

SELL SELL SELL!!!!!

Employment Numbers Tomorrow ..... someone must have the inside INFO.

**buztah** · 11-05-09, 03:22 PM

Shafty! GL with it, pal. The earnings play is gutsy but so is holding FAZ. LOL!

Mkt touching 10k again here and my charts indicate this is the last hoorah for some time. Look for a sobering drop in this inflated pig of a joke market soon. I will be taking FAZ home and if they drop her lower tomorrow, loading the boat hand over fist. This week was the perfect ponzi scheme, with WB "betting on America" and the fed keeping rates unchanged. All a game, much like the laughable new acctg rules that allow banks to outright lie, to sucker in money (note the optics of this laughable 10k DOW).

Rude awakening for any new money that entered this week. Next week will be wevy wevy scavvvvy, me thinks, for the bulls.

**Shafted69** · 11-05-09, 03:28 PM

Waiting to see what the Unemployment Rate is tomorrow before I play FAZ or FAS again.

S&P needs to take out 1060-1070 for the Bullish Trend to continue.

**buztah** · 11-05-09, 03:59 PM

Gobbled up some more FAZ here 21.30 and will add more tomorrow morning if they play around. I'm onto their game now. What a setup

**Shafted69** · 11-05-09, 04:25 PM

NVDA rocking in the after hours. Hope it holds. Knock on wood.

NVDA BLOWS OUT EARNINGS ESTIMATES....

1 minute ago Earns $ .19 vs. street estimate of .10. Stock up to $13.12 after hours. Someone on FAST MONEY this afternoon said "would not touch this stock". Another loser recommendation by someone who calls himself a pro.

Guidance coming ....... NVDA increases guidance!!!

**buztah** · 11-05-09, 08:51 PM

Shafty, i hope she splodes upward for you in pm and through the open. good call!

**Shafted69** · 11-06-09, 12:51 AM

Cisco Systems Inc. boosted hopes for the technology industry after the largest maker of computer-networking gear forecast revenue growth for the first time in a year. The forecasts of CEO John Chambers carry big weight on Wall Street and his announcement that the company would begin hiring workers injected a jittery market with confidence.

**buztah** · 11-06-09, 08:34 AM

10.2% on the jobs report this morning. Will we finally have a good ole fashioned Black Friday?

**Fishhead** · 11-06-09, 08:52 AM

Originally posted by buztah

10.2% on the jobs report this morning. Will we finally have a good ole fashioned Black Friday?

I gave several warnings to this...........GET OUT OF THE STOCK MARKET!!

Purchase some Iowa farmland or timber.

**buztah** · 11-06-09, 09:22 AM

Fishay, except for NVDA's sake (gotta root for my pal Shaftay!), I would be delighted to see the Dow drop one thousand points in a session. The entertainment value of the CNBC spin clowns would be priceless and my FAZ would enrich me in a manner "better than expected."

**buztah** · 11-06-09, 09:43 AM

HUGE buy on FAZ 21.45-52 here. I am locked and loaded. Largest position I've ever taken in an ETF. Bring on the money. Think we see 23 in one week or less but 22 would cover my overhead through February, baby! Stop is at 18.99 pps. Let the games begin!

**Shafted69** · 11-06-09, 10:21 AM

WoW.............. Really nasty Unemployment Numbers. Took profits on NVDA @ 13.05. Flying back to the states in 1 hour. Have a great weekend & good luck the rest of the day!! GO FAZ ! Make BUZ that money !!

**buztah** · 11-06-09, 10:33 AM

Locked in HUGE FAZ profit at 22.15-19 here!

**buztah** · 11-06-09, 10:34 AM

Way to go, Shaftay! Good work.

I am flyin'! Money money money! MONNNNNNAAAAAAAAAAAAAAYYYY!

**buztah** · 11-06-09, 12:03 PM

Shafty, have a safe trip, my brother.

Goin' to grab a bite here. Put in a GTC buy on FAZ at 21.45 pps. I see bear flags on the charts of the following fins:

XLF
GS
FAS
MS
BAC

FAZ, contrariwise, is forming a bull flag atop the 50 dma. I will definitely reenter her today and take her home becasue next week you are likley going to see the next leg down in the fins.

**RageWizard** · 11-06-09, 01:04 PM

Hey all, even with the recent gains in the market, the overall direction is down. Of course, we will have all the hype come in for the christmas rally, but I'm still not buying until I can see some reversal for the financials and the semis. Stay short for next week.