The last few years have been great to me, as i was able to clobber the S&P500 many times in returns. But of course, you can't make a living trading the markets if you don't make great great returns. I'll try to give my readers trades that i think will make them money. However, you need to have money management skills, in order not to lose everything on a greedy or stupid trade. I may or may not already be in the trades i recommend. I may or may not trade the stocks i recommend. Due diligence is required on your part and the usual disclaimer that i am not responsible for your losses always apply. I have no affiliations with any broker/dealer and all posts are for educational purposes only. Remember to 'refresh' the home page and the "Comments" pages frequently in order to receive updated posts. Let's rock!
posted by beanie11111 | 8:53 AM
86 Comments:
ETFC is also a short, especially if it can't hold 15 and then 14.73
Hey Ted, you little retard, you watching LEND?
I was pounding the table on getting short this market over the past few days I have been here. I hope you were paying attention.
Since we are pretty close to my target, I will be aggressive in buying on dips.
Yes, I agree. The time now is to start buying your favorite quality names. NYX is at fire sale prices here.
time to get back into exchanges
ICE and CME
All of this volatility is going to benefit NYX.
Get in NYX!
Buying on dips! Selling on rallies
Buying on dips! Selling on rallies
Repeat!
Looks like we may have bottomed short term
This is fun!!!
BUYING ON DIPS!! SELLING ON RALLIES
BOT 1000 LEH 52.8
SLD 1000 LEH 53.8
BOT AND SLD DOW, S&P AND RUSSELL FUTURES. SWEEET!!
BOT AND SLD CS (CREDIT SUISSE)
Alrighty, I am done for the day. It was fun while it lasted. 34 trades made. 4.2K in pocket.
Good luck!
Can't trust any rallies. Still not enough pain.
If you want to day trade, you can buy on dips. Very low risk trades.
look at the revised down earning sof the homebuilders - i think that kbh short is a good bet:
http://www.schwab.wallst.com/alerts/reports/getReport.asp?YYY20_iFhKAR0zH1cM2Ua/OadCjd7H31EFXE0wlpW+pPFiDeIg0agEW8lU+A==&a
the market looks like if Dow breaks 13000, its going to 0
sad sad sad
no buyers anywhere
option holders not gonna let market collapse until next week
gonna rally into Friday morning
hopefullly....
VMW & EMC are the best way to go if you want tech.
But i like VMW the most.
beanie how did u trade VMW?
buy right at the IPO at 50-51?
did you expect such a giant move today?
buy the EMC aug 19 calls @.25! All or nuthin
tv107,
VMW is one scary monster since it went up 20 bucks its ipo price, but if you waited the first 30 minutes and it made a new high after that then you get assurance.
tv107,
i did not touch VMW at all yesterday.
Something tells me 50 is the lowest ya gonna get it at because everyone thinks it's the next GOOG. I think once 60 breaks, it'll get to 100 by year end.
Since VMW is at about 57.50 right now, don't touch it. Either wait till it dips to 50 or under, or wait till 60 gets taken out. It could still get under 50 if the market gets hit really hard. But trading above 60 means forgettaboutit, the train leaves.
CFC is trading like it is headed to the slaughterhouse.
I think it could end up below 10
the market shouldnt even rally cause every rally gets slaughtered.....it should should go to zero
Note the marked difference between CFC and TMA today.
TMA has a much higher quality portfolio than CFC.
And checkout KKR's public entity, KFN... wow, $200mm loss in mortgages... prolly a good pickup at these prices...
unreal action on LEH
TV107 said...
the market looks like if Dow breaks 13000, its going to 0
sad sad sad
no buyers anywhere
Thats when you buy. Everytime QQQQ gets near 46.5, I am buying and then selling on rallies. Perfect market to buy on dips.
CAN COUNTRYWIDE STOP ADVERTISING ON CNBC?
maybe then their stock will recover!
look at their priorities
CNBC talks about CFC every hour...they dont need a commercial
The QCOM days are over. The stock is forming the 1/2 the right shoulder of a multiyear head and shoulders pattern.
Low 30's is only a blink of an eye away.
ETFC is toast. Trading like its going out of business
everything is trading like they are going out of business
amazing markets are flat
CAN COUNTRYWIDE STOP ADVERTISING ON CNBC?
maybe then their stock will recover!
look at their priorities
CNBC talks about CFC every hour...they dont need a commercial
Perfect thinking!!:-)
Its begin to fall apart. I am out.
MAJOR TECHNICAL BREAK DOWN
OH GOD SAVE US ALL
This is so funny.
On hearing the Sentinel news from yesterday..
Citing a crisis in credit markets in which "investor fear has overtaken reason," a Northbrook-based money-management firm with about $1.6 billion under management wants to halt withdrawals by its clients, saying that is needed to avoid a run on the company that could end in forced liquidation.
I am hearing almost everybody in my office is talking about pulling money out of their brokerage account and putting it in an FDIC account. Are you guys hearing something similar?
brokerage accounts are SPIC insured
up to 100K in cash and usually more by insurance companies
CME below 550
ICE at 136
great buys IMO as a hold into Friday
ICE and CME. Great companies. But thanks. I am 80% cash, but I will pass. Its just too ugly out there.
SPIC insurance just covers fraud ect... Way different than FDIC!!!
At some point soon it will be time to make money on the long side again but until then I'm only buying good companies for my IRA. Shorting is still the name of the game and will be so until it no longer is. This market has been so great.
this market looks so bad...DE may go negative today
FIREWORKS!! FIREWORKS!!
DOW 12900!!
google back under 500
bidu back nearly to preearnings
we'll get a Dow rally of 200+ points but it may be from 12800 to 13000
sad
I told you this in May.
gosu said...
I don't know about S&P, but I think Dow will see 13600 before any correction to 12900.
Wed May 02, 01:01:00 PM EDT
DOW 12900!!
Good for you for sticking to your guns Gosu. Nice call.
time to go long and max out leverage IMO
Holy schit, we are BG!
(Below Gosu!)
Is this what capitulation looks like? No, but then this is a new environment.
if CNBC went off air for one day, DOW would rally 400 points
lol, tv. You'd think Maria was short XLF the way she got all giddy earlier.
yea i saw that
she smirked
unreal
nice of TMA and CFC to run into the close as rest of market tanks
SPY has good support at 140, long story...
zee
DIA 127.7 .. here we come = 200 ma
zee
unreal just unreal blood out there
The problem with this market is not so much the fundamentals than it is the technicals. The troubled hedgefunds need to raise cash as the markets keep on tanking. This can get real bad really fast.
We need to hold 12,700 on the Dow on a closing basis. If we don't, it will be very troubling - as i see 11,000 being the ultimate target for a 20% correction. At Dow 11,000 ,much pain will be felt and some people will feel like jumping off a bridge.
if the DOW breaks 12,700 and heads lower...they should start having police monitoring the pedestrians on the Brooklyn Bridge .... ur right beanie people will start jumping
September 30, 2007 is where the bottom is.
BIDU heading to 140s
GEX heading to 35 range
why did MER downgrade CFC today?
all these brokersages are morons
stop downgrading stocks
then stocks will recover and their own stocks will recover
This comment has been removed by the author.
steve said...
Hey Ted, you little retard, you watching LEND?
Wed Aug 15, 09:34:00 AM
Oh yeah, Woo Hoo!, Maybe you can wipe your ass now?
I doubt it though. Even if you sold at the HOD you still only made less than 9%,LOL,if you didn't sell, you're still underwater 7%,LOL.
You need to learn a little more about risk/reward ratios before you trade next weeks allowance.
Now, If you had folllowed what i said yesterday,:
ted said...
.....What was the second assignment again? When I get through cashing out the puts or doubling up at a break of 13,050, I'll see if I can get time to help you out.
Tue Aug 14, 01:53:00 PM EDT
Those puts are up another 26% today. So lets see, you're still sitting on your losing positions, or bragging about a meager 7% gain, on a trade with way to much risk for that tiny profit, or, get this, up 26% on what I told you to do.
If you picked up some more on the failed rally at two o'clock youd be up more. But its obvious to all now you have no idea about TA or trading in general.
So you're still a moron in my book.
Did anyone check the action in the airlines today? CAL down 17%!
Fuck off Ted you little bitch!
That wasn't me.
Ted, if you'd done your homework like I asked you'd understand the greater significance of the post. Unfortunately, you're a retarded little bitch who doesn't understand much of anything.
And yeah, give it up on the puts. You didn't do shit and you didn't make shit.
NIKKEI 225 is almost at 16000
we are in big trouble tomorrow
You are right Steve, I did not make shit.
Absolute bloodbath in Asian Markets
LMFAO!!!
Steve, you have been nothing but a disruption on this blog. You recommend buying LEND (it tanks), you short XNN (it blasts off), and now you're becoming nasty. What good are you?? Why are you here?? Please leave.
Futures are awful
SPY probably open below 140
at this rate, we'll be at the March lows by end of next week
KOSDAQ suspends trading! Down 10%!!!
you know its bad out there when the Shanghai Composite looks like it'll end its 8 day winning streak
FTSE looks to open below 6000
not good at all
DOW FUTURES -142, means we are opening below the 200 day = 12770...i tried to tell you gosu , you at least 200 points too high ...maybe 500 points too high with 12,900 ....but i'm paying attention to your sept 30 date...
zee
if SPY breaks under 140.0 ,,,for lands sake, get out of the way....
z-stock,
If SPY breaks through 140, what does that mean for bond funds?
Cheers!
Go back a few weeks ago and read all the posts by "West". He predicted the current world meltdown using his cycle analysis. Good thing I shorted everything!
I'm 40% cash and still getting killed in august.
nothing works........sentiment is awful. personally I don't see a bottoming process here, but again I'm so bad at that stuff I didn't see any of them past 4 years either.
sentiment wise, this is worse than it has been since 9/11. a week after 9/11 there was no one left to sell...the market inexplicably rallied.
I don't see a bottom here at all, but I never do....just saying sentiment is awful.
I use:
1. equity P/C
2. bull/bears
3. a third one I'm contractually not permitted to mention here.
All are screaming 'get me out' at a level not seen since the bottom after 9/11.
indices don't look at all like thetywant to bottom, so we shall see. I ain't at all calling a bottom here, just that my contrarian indicators are screaming buy.........much more so than 8/04, 4/05, 8/06, 3/07.
I don't know what to say.....personally I don't see it, but my sentiment indactors are off the chart. indicators work until they don't.
btw, I'm currently down 4%+ in august! I sold 2/3 of etel 10 1/2 on a gtc.I still own it, I just bought way to much in 9's.
etel/limc saved me today. I'm still getting killed though make no mistake and I want to be absolutely clear on that. I've lost a significant amount of money in the past four weeks, I want to make that clear. I've been honest and I always shall be......you all know I'll let you know good/bad. right now any buy is a bad one, one month ago any sell wa a 'bad' one.
40% cash and miserable it ain't 100%. indacators screaming buy and I'm under the desk hiding!
LIQUIDITY SQUEEZE!
Holy crap, the yen carry tried shat the bed last night... yen is down at 114 to the dollar.
Alok, thanks for putting a smile on our faces! :)
Exchanges are just getting KILLED!!
Lets revisit WESTs call at the top for a major decline.
for all the enthusiasm about harvesting sunlight, some of the most ardent experts and investors say that moving this energy source from niche to mainstream — (last year it provided less than 0.01 percent of the country’s electricity supply) — is unlikely without significant technological breakthroughs. And given the current scale of research in private and government laboratories, that is not expected to happen anytime soon.
Even a quarter century from now, says the Energy Department official in charge of renewable energy, solar power might account for, at best, 2 or 3 percent of the grid electricity in the United States.
Lots of hype driving price near term.
INDU 14148 to 14400 should mark a top and then at least a 10% pullback.
However by year end my models predict a 30 to 45% pullback in the SPX.
West
Tue Jul 17, 11:36:00 AM EDT
what a f'ed up day
financials holding up and everything else is being murdered 5, 6, 7 percent
TSL, strong buy here
CSUN, looking cheap at 7
BIDU. going to 140s
MBKR.ob , reports record revenues and net income for 2q,STRONG BUY
Post a Comment
<< Home