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posted by beanie11111 | 10:13 AM
171 Comments:
It would be a lot of courage if you buy something this morning.
Everybody is just selling whatever they can sell. There are a lot of mortgage and loans related products that nobody is buying, so they are selling whatever they can sell.
CASH IS KING!!
Also we are close to options expirations. You know how it goes near options expiration.
4 months of rallies have been decimated and more in less than a month
gimme a break
fwlt, pot, ICE
this is ridicolous
buy all of them for ur long term account and shut off the monitor
how in the world is the SP market only down 1.36-1.4 percent
it seems it is down like 2.6-3
fwlt, pot, ICE -
Please be careful in buying the darlings of the past rallies
A lot of my friends doubled up on Nortel, Lucent at 60 and 70 dollars in late 2000.
TSL & CSUN looking cheap
BIDU going to 140s
MBKR.ob just announced record earnings at .35
WOW!!! THIS IS ABSOLUTE MURDER!!
WTF!
I wanted some POT at $79 and at this rate it is heading to 59.
CME sep 560 calls is a buy, if u got guts.
AAPL is a but here 112.7
the financial not bleeding as much as they should today. the brokers are fine.
AAPL should be bought
what a crazy spike to 64 on VMW at 9:20 this morning
BOT 6000 BOOM sub 39.50
the subprime issue is overblown. some mortgage companies will go bankrupt & some people will lose their homes, but life still goes on. people will continue to spend what they normally spend. Less on expensive mortgage that they can't afford means more money for other things.
don't let them bears lie to u that the world is coming to an end
how can we expect a strong bounce when all the hedgies have deleveraged?
I'm now in the HOUSE of PAIN!!! My LEND is tanking again and my XNN short is taking off. I'm outta here!!
i think we should start nibbling into stocks today and tomorrow, especially those we plan to hold longer term.
Unfricken believable! Right now looking at massive losses in August for me.... massive.
I'm now in the HOUSE of PAIN!!!Everything I own is getting killed. I'm outta here!!
Unfricken believable! Right now looking at massive losses in August for me.... massive.
HPQ earnings needs to save this market
CSCO saved it last time
HPQ earnings positive could mean DOW 300+ day
During troubling times such as now, this song has always given me inspiration:
If you pass through raging waters in the sea, you shall not drown.
If you walk amid the burning flames, you shall not be harmed.
If you stand before the power of hell and death is at your side.... blessed, blessed are you!
Be not afraid. I go before you always. Come follow me. And I will give you rest.
All -
Watch the DJUSFN
Right now the bull market trend channel is intact.......testing it at 509.05
B BAND Monthly is 496.27
Critical MA Monthly is 469.06
Both of these leave the bull market in financials intact.
If we break 469.06 - buy all the FXF you can with every dime of cash in your bank account.
This should protect you from a banking crash.
West
Excuse me,
WTF is
DJUSFN
more pleeeez.
thanx West...
Just google the sucker....
google...DJUSFN..
DOW jones financials index
Moody's sees possibility of Major Hedge Fund Collapse..... Dow Jones 10:36 EDT
Possibility????
Bear Stears 4B hedge funds.
Goldman Sachs and so many others quant funds.
Possibility???
I think Moodys just crazy.
MA is a buy now under 123
there is no strength at all any where on the intraday charts
we could seriously have a -400 dow day
get ready for a snapback rally
I feel pain now. Is this the max pain we were talking about. Or the roof has to comedown ??
MAX PAIN comes on September 30, 2007.
We will have intermediate rallies but dont be fooled by them.
Whos your daddy:
beanie11111 said...
Thursday, August 16, 2007
i suggest you buy something this morning
especially techs that are beaten.
we are beyond oversold.
this is not oct. no crash yet.
posted by beanie11111 | 10:13 AM
36 Comments:
gosu said...
It would be a lot of courage if you buy something this morning.
Everybody is just selling whatever they can sell. There are a lot of mortgage and loans related products that nobody is buying, so they are selling whatever they can sell.
CASH IS KING!!
damn Philly Fed Index
dont release numbers if they are bad
DJUSFN
It was at the 469 point twice in 2005....why do you set this level as a critical point?
Looking at the ten year chart it has been below this point before.
wow.. gettin pretty bad out there
FED will cut fed funds or discount rates by tomorrow morning
otherwise, we'll crash 5-6% tomorrow
Information from craigslist:
http://forums.craigslist.org/?forumID=53
'course its only CL.
Interesting! Not a word from Bush or his economic team. Nothing. Zilch. Zero!
Would LOVE to see AMZN go to 50. Any chances to that?
Inflated sucker!
i got 4 positive stocks on my screen
ntap, lend, ffiv, bsc
it feels to me market is down twice as much as it is
akam down 10 percent
wow...
these solars look like they are going back to their IPO price in one day
tsl nearly -15 percent
Craigslist info expanded:
guy in Boston works for investment bank, the bank warned employees re market conditions and suggested that they review their portfolios.
lol and the hedgies wanted etrade and ameritrade to merge
etrade is going out of business
ameritrade will prosper
i just can't believe some of these % drops today...
this market has made me physically ill...been sick all day, not able to eat. nothing better than sitting at home by self losing tens of thousands of $$$ daily. what an idiot I am.
if you have money to double or triple down in smart positions, you'll be ok
if you are maxed out on margin, you're screwed
oh my god
i cant wait to see Cramer on Stop Trading at 2:45
MARKET MELTDOWN IN EVERY STOCK
how the hell is bear stearns still up today??????????????????????????????
the fire sale is incredible... but i can't find the balls to buy...
Steve,
Physically ill is a nice word to use for how I feel about stocks. Didn't sell anything yet. I'm staying in til it goes up eventually. Do you think this could be a result of an upcoming bad quarter? Or, simply coming down in a worldwide fear factor of the market right now? Either way, I'm holding. I'm not about to lose this much money at this time. Could have really done great if we didn't have the order fiasco on Day one. I think many people didn't know about the order holdup and it looked like people sold on fear at the end of Day One. Now everyone is nervous to get in and it just started sinking. That's my take.
-Tim
nmx at 107
holy cow!!!!!
i got to say that the down volume on some of these 8-12 percent droppers is not that impressive
major short covering rally starting now
i guess i was dreaming
So the market is betting that CFC is gonna go out of business??!
i have loaded up on almost every exchange
they will have record record q3 earnings
i need advice - beanie, gosu, z, jake, anyone.
i cant get my money out of etrade. here's the deal.
power etrade pro locked up, they froze my margin (i had nonthing on margin, but they froze it anyway), the made a systematic trading error (fortunately in my favor), i can;t get my cash to move in or out...
they are acting like insolvancy is coming. this is bad. i have a lot of money with etrade.
anyone know how the insurance works on a brokerage account? i have 7 figures with etfc. feeling a little uneasy.
Not a single post under "steve" has been from me, the real steve today. I've been at the hospital with my wife.
Beanie, it's ridiculous that you can't even post on this site without having some loser imitate you. When you decide to implement IP bans and clean up the useless trash that loiters here only to disrupt the productive flow of information will I come back. Until then, enter the ether I go.
Any post from steve you see from here on out will be from someone else, not me. Peace
Are you the fake Steve???
Boomer, you need to ask them about their insurance....I asked Schwab and got a very weird answer. You need to use the info to make a plan....7 figures and no plan???
dare i say NYX has bottomed?
nyx will be the new leader of the Q4 rally
i have a plan. but never thought id need one for etrade going insolvant.
i have enough fdic insured etrade savings accounts to cover all of my money.
i cant get the money to move from brokerage to savings within etrade. not even trying to get it out to my bank.
dont sell on the first up day
we will have a 2 day rally and probably the second day will be stronger
full time options players must be having a field day
i only play them selectively
aapl down 5%? kids aren't gonna buy ipods because of what? no basis for that.... back to school is here, then christmas, apple is an absolute steal at these prices.
CME:
what a bargain!
added some aapl and nyx to my long.
Check out MA since 12:45. Straight up for $5.
the schwab site seems to be down
Take a abreather guys. I think we will be ok.
Just keep on nibbling on huge down days like this. How about 10-20% at a time?
Yes guys, I agree with Beanie.. time to regroup and fight back. We should better know about option expirations next time. The big guys will try everything to bring the market to i'ts knees by the options expiration day. Did you look at how some of the call options were cut in 1/10 today.. f#$%$ unbelievable.
This comment has been removed by the author.
BTW, 10% "correction"... do we have to CLOSE at 10% down for the technicians to say that it counts? And does it have to hit 10% for all 3 major indexes? we definitely hit 10% down for the DOW intraday... but if we close above 12710, then it's not the full 10%...
Any thoughts on getting HP before earnings?
BUYING FSLR,XLE,XOM,SNP,SUN,TSO,NYX, JUST NIBBLING too dazed to back the truck in...
zee
bought MA and MRO... i'm all in guys...
HPQ better beat analyst estimates...
we formed an intraday V
final 90 minutes should be interesting
HP: analysts expect 65cents...
HP guided for 60-61 cents...
They have beaten analyst the last few quarters..
PC shipments are up 36%, so if HP is taking share for DELL, that's gonna be good for HP
And PC prices, especially cpus have fallen huge, so gross margins should be up.
the setup is for up, but then that's why the stock has held up so well lately too...
like i said... they'd better beat. all eyes on HP
E-trade... didnt know they had a mortgage exposure and they are going to try and destroy it...put fest!
But what happens to your stock account/cash if etrade or any other broker goes bankrupt? Those accounts are insured right?
crashing the last hour is getting old
lets rocket up
Steve, just leave! You are just like that JakeGint! You say you are leaving and then you keep on posting! Quit ruining this site!
same old trend every damn day
crash at 3:00
heh... load up on DXD and SRS at 3pm...
Concerning E-trade:
Yes you are insured up to the point E-trade has the money to pay you off. FDIC does not cover these entities and SIPC is really a joke, it covers your account from losses due to fraud on the part of your account holder or broker ect... SPIC cane into being many years ago as a way for brokers to like like they had insurance like FDIC.
RECORD VOLUMES EVERYWHERE
BUY THE EXCHANGES!!!
HOLD INTO EARNINGS
man... what a tease...
If you want to nibble on MA I'd tell ya's....
Okay!
just close below 12700 and get it over with!
AUG 16 THURS
INT supplies fuel somewhere
at plus +22 cents that’s a good enough signal for me...i’m IN..sept 30/35 calls...
$XBD has the BIGGEST BULL HAMMER i ever saw...looks like i should .BUY XBD!!!! Well ok GS here i come....backing the truck in...well one quarter of a truck...a small truck... a really small truck...maybe a small hybrid..maybe my bicycle...
zee
The short term bottom is in.
When Cramer gives out a Doomsday Plan, and when idiot Doug Kass (the bear of bears) gives out a diatribe why the world economies will collapse in unison, you KNOW A BOTTOM IS NEAR.
the question now is...how high can we go on the SPY before we sell off hard again???
144-145?
look at bear stearns! short squeeze, or is the bottom in?
I think the bottom is in and that we get at least a 2 week rally. At the very least, one week. This next rally will not be like a 3 day rally and then selloff.
You need to start buying stocks tomorrow if you didn't buy any today.
There was major FEAR when the nasd tanked 72 point today. The bottom is in (at least for the short term). Whether that is the ultimate bottom remains to be seen.
The shorts have overpressed this time and they shall be punished.
CME went to as low as 505. Did you pick up some sept calls????
HPQ BLOWS OUT EARNINGS
GREAT!!!!!!!!
DELL halted....if bad news...they counters out HPQ earnings
how low can BIDU go!!!?? I'm glad I waited before committing any cash. Buy on Monday? What you think, Gosu?
just a quick note to tell you etrade FINALLY fixed my accounts. i should have moved to IB a year ago.
Neil, BIDU will hit 150 sometime next month. It will be a buy then.
anyone got any predictions for S&P High of Day and Close for tomorrow and Monday?
Predictions S&P.
Friday:
High: 1417
Low: 1396
Monday:
High 1422
Low: 1404
wow
Friday:
High: 1417
is very bearish considering futures are up much more than that and world markets should have a big rally
Just a guess buddy. When was the last time you had the weatherman predict tomorrow weather correctly.
I think the stock markets tougher to predict exactly.
What your prediction TV?
my weatherman prediction
I think we see a monster monster rally (things up maybe 1.6-2.0%, maybe more (only because its option expiration day)
crazy to think people want to hold over the weekend but i think theres a 60-40 chance we rally again at the close
we gap lower monday and close green up again
then tuesday will be a red day
but if we dont get those asian and european markets, i will have to rethink things
things dont look so good in Japan and Australian but pay more attention to Hang Seng and FTSE
Friday close:
SPX down 5 points - 1406
Monday close: 1414.
SPY in Bullish Piercing Line Pattern
http://www.candlesticker.com/Cs39.asp
Surprised to see Nikkei down almost 400. Expected to see a rebound there.
This market is crazy. I am hurting but not as much as i could have..think the rally over the next few days is a good point to sell for all the non-traders like me. I have some sell-limits up...will try to sell some in strength. I think this is a fake rally..
You gotta ignore Asian markets for the next 1-3 days
currency craziness is hurting all those exporters and Asian stocks
European stocks are posed to open higher
Thats good for US
lol! I have a clone, haha I feel loved
What's everyone's thought on where the market will end up the end of year? Are we still going higher? Or is the subprime problem going to sink us lower?
Market bottoms on September 30, 2007.
Nikkei worst drop in 7 years
FED cuts discount window rate by .5%
Dow futures rally 200 points in 1 min.
thank you FED
So many stocks on sale pre market
YESS!!
SWEEEET!!!
MACCACACAAAA YAPPEPIEE!!!!
YHAOOOO!!!!
thank god its options expiration day
SPY may close over 147
thank god i had an alarm for breaking breaking important news
otherwise i was sleeping
what a genius timing by the FED
beginning of the next run?
unreal volume today!!
buy the exchanges!
over 145 now on SPY
no way I'm shorting today
but how high can we really go?
FED Cuts the rate ..finally they got the signal. Yaahooo. Die shorts die
Congrats to those on AAPL and GS.
I told you this:
gosu said...
So many stocks on sale pre market
Fri Aug 17, 08:23:00 AM EDT
BOT NMX @ 115.4
BOT ETFC 14.84
XLF UP 6.73%
THATS JUST INSANE
THAT SEEMS LIKE SHORT COVERING ON XLF....NOT A TRUE PERCENT GAIN
well maybe that is a true premarket reflection
xhb up 8.4%
we may see some crazy spikes right at 9:30 as the specialists blow threw the offer
Mar.16/00- 499.19
cramer say DOW will beat that
There are some basement bargains in financial. Look at the volatility in GS.
BOT NMX @ 115.4
BOT ETFC 14.84
I am out.
NMX 118
ETFC 15.5
TV107 said...
Mar.16/00- 499.19
cramer say DOW will beat that
Can you say moron?
i thought to myself yesterday, "wouldn't it be a humorous day of reckoning for the fed to screw the shorts by lowering rates tomorrow".
thought i was hoping too much.
lol
die shorts and their puts!
Do you guys think it will rally up at the end?
Time to short AAPL 120.5
CFC puts for sept can be bought at these levels.
Hey Beanie,
Watching you jumping back and forth over the fence is making me dizzy.
JNPR is probably one of the better shorts for sept.
Buy them Sept puts.
Beanie, your broker must love you.
Hey guys, who am I?
OK GET IN THERE AND BUY!!!
Sell short everything going lower!
DIE BEARS DIE!!!
I suggest you buy some puts to protect agains a crash.
NOT OCTOBER YET GUYS! BUY THOSE DIPS!!
lmao
anon,
AAPL is for a daytrade, although i think it will go lower next month. CFC still has fundamental issues. CFC is for aa swing trade. Lots of resistance at 24.
Don't get me wrong, i believe we are headed higher. Whether that was the ultimate bottom yesterday remains to be seen.
Obviously the time to short stocks was this morning's gap up. But i think AAPL can go under 120 again, for you disbelievers of this rally.
if you got balls, you can buy the aug 120 AAPL puts.
but do it soon!
GOOG:
going higher!!!
494.6
GOOG is for a daytrade, swingtrade, or investment.
the way aapl is trading, i dont think 120 will hold even today
Cramer sure looks like a douche getting on tv this morning and declaring that today would be the largest up day in history.
Now is a great time to buy Aug 120 puts AAPL when the stock is trading above 121.
Play small. You only got a few hours left.
anon,
and that sure scares me since i didnt turn on CNBC this morning. lol
Play small on them AAPL shorts.
CME nice. 40 point swing since yesterday
Cramer may be right but AAPL still trades like it will get below 120 .
Telecoms like JNPR looks to go lower.
Telecoms usually get their 1 year rally and then they fizzle.
So be careful with telecoms.
Beanie,
Is it time to buy Solars?
This is a very very super speculative play for you , if you believe Cramer is right.
Buy the Aug 500 calls on GOOG for less than .50
It could be a 5-10 bagger today or you lose everything.
Got some gamblin blood in ya????
stocky,
Time to add a little more but i want to see sept go by before going in full force.
I have a feeling that Cramer is right. Just a feeling.
If Cramer is right, GOOG is by far the best play. I think those Aug 500 calls could be lucrative.
Play small nevertheless.
THose GOOG calls could be 20-30 baggers if the market flies!
Watch it.
ALERT!!!!!!!
Hey, it's friday. Why not gamble a little?
GOOG 500 calls August .50 or less.
A play on Cramer. Could be a great weekend gift. Could be a 20-30 bagger if the highs of today end up getting taking out.
Play small, please/
new post www.beanie11111.blogspot.com
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