Originally Posted By: GROUCHO MARX
Was the market closed on Friday?
You lost money, right? The market must have been open!
Was the market closed on Friday?
You lost money, right? The market must have been open!
Investors....come in please!
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Looks to me like a medium term double bottom is forming in the S%P. We'll know by the middle of next week. The market usually drops on the last day of the month, and goes up on the first day of the following month......
Hmmm. Houston......standing by.
Futures are up big this morning, might get a bounce at least on the opening.
So far I'm down about 3% ytd.
Any of you short-sellers making money in this crazy market?
So far I'm down about 3% ytd.
Any of you short-sellers making money in this crazy market?
Making money today. We have ignition.
Down 2% this year. Hate that, but could be worse - have made money with shorts and buying stuff when everybody was freaking out and running away.
Maybe today will pull me even - then I will go all cash. JUST KIDDING!!! April 1
Down 2% this year. Hate that, but could be worse - have made money with shorts and buying stuff when everybody was freaking out and running away.
Maybe today will pull me even - then I will go all cash. JUST KIDDING!!! April 1
Holy spankamonkey!!
Wow, almost 400 Dow points up today.
I'm back to even for the year.
Whoopeee.....
I'm back to even for the year.
Whoopeee.....
Yeah - I'll know in the AM but I should be about even. What's with the Tuesday rallies?
The April fools rally had some wondering what happened.
The preferred 1300-ish price level was hit early on March 31 at the cash equivalence of 1303/4.
It was suggested the weekend prior March 27 I’m starting to see a few things that aren’t perfect. However, the 1350-ish sell presented the weekend prior March 27 hit, as did the projected March 31 low.
I’ll be re-running the numbers to see where I missed on the March 27 call. But after 4 months the road map has been perfect with the one exception.
Some had to make fun of my timid bull. Yet when he took off most were left in the barn.
Back to my vacation.
Good luck
The preferred 1300-ish price level was hit early on March 31 at the cash equivalence of 1303/4.
It was suggested the weekend prior March 27 I’m starting to see a few things that aren’t perfect. However, the 1350-ish sell presented the weekend prior March 27 hit, as did the projected March 31 low.
I’ll be re-running the numbers to see where I missed on the March 27 call. But after 4 months the road map has been perfect with the one exception.
Some had to make fun of my timid bull. Yet when he took off most were left in the barn.
Back to my vacation.
Good luck
Tuesday rallies! Wed-Fri cranky timid bull.
I never made fun of the timid bull, and I didn't see anyone else do it.....hmm....I even wrote a little fairy tail about him relating to the barnyard world. I like the analogy.
1370.....where is the major resistance before 1450-1470?
Thanks!
Paul
I never made fun of the timid bull, and I didn't see anyone else do it.....hmm....I even wrote a little fairy tail about him relating to the barnyard world. I like the analogy.
1370.....where is the major resistance before 1450-1470?
Thanks!
Paul
The only thing I'll add is we took all S/T accounts to cash yesterday. Reason being the odds of any significant upside into our next S/T projected turning point is probably being optimistic plus I want to back off from this keyboard again.
By having a workable system, one can trade the big moves long or short. We then can leave the chicken feed for the 401K accounts if the system says more bull ahead.
The March low to yesterdays close was almost 10%, which is about an average year. Now add in my S/T moves, which all but one was published in advance of the move from early Jan. to present and you'd probably realize 3 years of average gains. Add in leverage and it's much more.
Cash is also a position as it also grows, even if very little.
By being fairly high in cash and having taken the lions share of the projected move, time off is well earned. Then if things play out into the next projection points we can simply jump back in long or short and go with the systems. Meanwhile the 401K stuff and other slower trading issues will ride the waves until we get another intermediate or long-term sell.
Off to see the wizard.
By having a workable system, one can trade the big moves long or short. We then can leave the chicken feed for the 401K accounts if the system says more bull ahead.
The March low to yesterdays close was almost 10%, which is about an average year. Now add in my S/T moves, which all but one was published in advance of the move from early Jan. to present and you'd probably realize 3 years of average gains. Add in leverage and it's much more.
Cash is also a position as it also grows, even if very little.
By being fairly high in cash and having taken the lions share of the projected move, time off is well earned. Then if things play out into the next projection points we can simply jump back in long or short and go with the systems. Meanwhile the 401K stuff and other slower trading issues will ride the waves until we get another intermediate or long-term sell.
Off to see the wizard.
Thanks to Bernanke and the Senate, the market dropped on his Highnesses' pronouncement that some weak numbers were gonna come in. And in oil went right on up after the Senate questioned the Oil CEO's. I could make a case for currency going up in light of the Senate Housing Bailout Compromise today.
Just watch the A55clowns in government and invest accordingly.
Going short or long on the Dow, buy/sell dollars, buy sell "OIL". I did buy OIL at 100 yesterday morning. I'm not greedy....I buy enough to make 100 bucks on a dollar move. Its like money in the bank at low 100's.
Just watch the A55clowns in government and invest accordingly.
Going short or long on the Dow, buy/sell dollars, buy sell "OIL". I did buy OIL at 100 yesterday morning. I'm not greedy....I buy enough to make 100 bucks on a dollar move. Its like money in the bank at low 100's.
Al that's the way it is - just chunk in and out. I'm not too proud or stubborn to walk with $250 profit, and move on. In an out very fleetly is what's working for me.
I sold some 2X longs yesterday and grabbed a 1X short.
BTW - I'm finally positive for the year!! April 4th!!!
I sold some 2X longs yesterday and grabbed a 1X short.
BTW - I'm finally positive for the year!! April 4th!!!
I can't resist a game of craps.........
Welcome back!!
Welcome back!!
Craps is fun - I love Blackjack too.
It was SLOW in Vegas!! Not many people, taxi cab drivers & others were saying how slow it was and cannot wait until it picks up
Oh, the money "some" people were wagering. One guy had ~$700-900 playing 3 card poker in the main area and he got a straight flush, Ace high of Hearts - 40:1 payoff!!
Over several walk-thrus, No one was in the high limit slot rooms. I saw 1 persom in the high limit card rooms, all in Mandalay Bay over 2 days.
Hummm...
It was SLOW in Vegas!! Not many people, taxi cab drivers & others were saying how slow it was and cannot wait until it picks up
Oh, the money "some" people were wagering. One guy had ~$700-900 playing 3 card poker in the main area and he got a straight flush, Ace high of Hearts - 40:1 payoff!!
Over several walk-thrus, No one was in the high limit slot rooms. I saw 1 persom in the high limit card rooms, all in Mandalay Bay over 2 days.
Hummm...
Boy it's quiet.
Originally Posted By: GROUCHO MARX
Boy it's quiet.
I've been busy making money the old fashioned way.
Boy it's quiet.
I've been busy making money the old fashioned way.
"I've been busy making money the old fashioned way. "
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