Stock jockeys get ready!

blittydeuce · 05-10-10, 03:28 AM

Chi_archie · 05-10-10, 06:41 AM

nice

Skidcom · 05-10-10, 07:08 AM

Did you pick up your RBS preferred on Friday?

SBR_John · 05-10-10, 07:47 AM

Originally posted by Skidcom

Did you pick up your RBS preferred on Friday?

Yea. I don't think the preferreds will perform like the commons though. But they have a great yield and could be a little safer long term.

Some of this trading action in Europe is nearing ridiculousness. The CAC is up 9.69% ???? WTF

I'm pushing 50 and do not ever remember a one day rally this big. Been a few nasty one day falls in there but geezus. Traders sold like crazy Friday because they did not want to be long over the weekend. That has added some fuel to the fire.

jjgold · 05-10-10, 07:48 AM

We are in a very false market, business closing like crazy, foreclosures soaring, unemployment soaring.

We are in for a massive crash

SBR_John · 05-10-10, 07:53 AM

Originally posted by jjgold

We are in a very false market, business closing like crazy, foreclosures soaring, unemployment soaring.

We are in for a massive crash

Maybe... but not today. The DOW Futures surging 367 points right now. This big of a gap open is hard to play.

Holtgetsback · 05-10-10, 07:57 AM

Originally posted by jjgold

We are in a very false market, business closing like crazy, foreclosures soaring, unemployment soaring.

We are in for a massive crash

This is spot on

Chases do not end well in gambling or economics

tltaylor89 · 05-10-10, 08:11 AM

This is the clarity everyonen has been waiting for.

SBR_John · 05-10-10, 08:41 AM

Originally posted by tltaylor89

This is the clarity everyonen has been waiting for.

It could be but markets are rarely propped up for long. The EU stocks could be a play vs the dollar, not sure how the euro vs dollar will play out.

SBR_John · 05-10-10, 08:58 AM

GS 146.82 Up 3.83 +2.68% Down 146.81 146.83 N 149.90 146.60

GS at 146.82 looks like a decent trade now. Been up to 149.90 earlier.

tltaylor89 · 05-10-10, 09:04 AM

I took half of my GS off the table.Their is another shoe to drip somewhere.

SBR_John · 05-10-10, 09:12 AM

Both will be higher by Friday. Wish I could do a two stock parlay.

tltaylor89 · 05-10-10, 09:16 AM

Lot of short covering in C .Somehow I get the feelin it will be a $20 security one day.

flyingillini · 05-10-10, 09:19 AM

Orale guey leva's!

tltaylor89 · 05-10-10, 09:22 AM

Strongest opening in 20 years

SBR_John · 05-10-10, 09:24 AM

Originally posted by tltaylor89

Lot of short covering in C .Somehow I get the feelin it will be a $20 security one day.

fvck C. I took my medicine and tax losses already on that POS. BAC is a much better play. BAC gets to to 40 at least a year before C gets to 20 imo.

tltaylor89 · 05-10-10, 09:28 AM

Brought 40000 bac @11 year and a half ago and 50000 C @$1 I'm doing pretty well.

tltaylor89 · 05-10-10, 09:29 AM

Didn't get my price in DNDN .

RageWizard · 05-10-10, 09:42 AM

It doesn't look like things are going to hold. XLF, SMH, IWM, and SPY are not able to get any movement above the 50 DMA. I'm getting ready to short them again for some downward action.

tltaylor89 · 05-10-10, 09:45 AM

Euro looks like it's making a bottom around the 1.25-1.28 level .

Extra Innings · 05-10-10, 10:44 AM

And how will this be paid for?

tltaylor89 · 05-10-10, 11:04 AM

What extra?