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Mikey22222 The beat goes on

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Posted: #101
Hmmm, apparently I had an order to buy some GLD Mar 09 puts that got filled today.  Didn't realize I had a GTC order on GLD


 
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Posted: #102
Off subject here, Jax, but can you explain your avatar?  Just wondering.
 
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Posted: #103
Quote Originally Posted by claycourtlesson:

Off subject here, Jax, but can you explain your avatar?  Just wondering.


For some reason it makes me laugh.  It's just some random guy puking

I have problems 
 
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Posted: #104
That's cool, man.  I thought it was someone hurling, but didn't know who it was.
 
That same guy is probably doing the same thing today, totally sober too, if he were short yesterday.
 
Yeah, we all got issues on this site.  But never fear, there will be no freedoms in about 5 years.  This crap we're doing now (gambling, bashing Paulson, etc.....) will be severely punished by electrocution torture.  We doomed.
 
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Posted: #105
Brook that is a straight buy at 33.50 dont do anything unless I say it is just for you ignore my other trades
 
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Posted: #106
I'm not too worried clay, I use the Mayan calendar.  It doesn't go past December 2012


 
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Posted: #107
Yeah, Jax.  Absolutely.  A buddy at work is always talking about Dec 21, 2012.
 
Maybe the Mayans are off by a few years?  How about Dec 21, 2008?
 
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Posted: #108
Selling DXD at 64.60
 
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Posted: #109
I like F at about 4.85 Cramer doesn't like them thats what drew them to me
 
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Posted: #110
Read this: And fade it JAX U will appreciate this

But for investors trying to figure out what to do now after a tumultuous week on Wall Street, market pros have some simple advice: don't rush back into stocks.

"I wouldn't be a buyer right now until these short-sale rules are lifted," says Michael Cohn, of Atlantis Asset Management in New York. "My recommendation to someone who wants to get into this market is you're going to have plenty of time between Oct. 2 (when the curbs expire) and Nov. 5 (presidential election)."

"After the election there could be a nice rally," Cohn adds. "But I think investors will have a chance to pick and choose good stocks between Oct. 2 and the election."

I think the biggest part of the rally will be between now and Oct 2
 
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Posted: #111
how would you manage your risk now when there is so much uncertainty for next couple of weeks?
 
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Posted: #112
This thing is going to rally until the election and then those cautious investor...you know the ones that sold thursday morning ...will start buying back at marked up prices They said only buy oversold stocks that means don't chase anything that has just had a big poop.  I say buy the strength This has been brought to you by the Shadow Market committee.  
 
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Posted: #113
Mikey signing off hope you had fun I did have a good one folks
 
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Posted: #114
The way I manage my account is I only invest when there is maximun uncertainty. When certainty returns I sell
 
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Posted: #115
Mikey are you still short CMI or CAT?
 
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Posted: #116
Selling 5000 FNM
 
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Posted: #117
Quote Originally Posted by mikey22222:

Selling 5000 FNM

why?

 
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Posted: #118
My guess here is that when the deal gets done short term traders want to take profits. Looking for UYG at some point to hit 27+
Backing away from WM will buy at .30 if BR.
Will sell DZZ on Bailout Deal
Like UBS and MS buying dips on these Target UBS 27 MS 40
Like GM at this Price 10.12
Lowering my DUG buy 1/3 Pos only to 32 from 33.5
Bot FXI at 32 will add to on pullbacks Target 45
Holding NWA like at this price not adding
Still short NSC CSX UNP coivered WFC last hit @35 took loss
Covered my CMI and CAT even though I don't like but think rally will trump me for now will short on rally
 
 
 
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Posted: #119
Probably because he's double or tripled his money in under two weeks.

It's always smart to take a profit
 
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Posted: #120
Oh  Forgot to mention long DDM at 57 DDM
 
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Posted: #121
Sellling FNM because 2.80 is 20 day ave and I am getting alot of company here I don't like company Paid .50 will lock it up
 
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Posted: #122
Holding 5000 LEHMQ at .19 hoping it gets squeezed too
 
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Posted: #123
For the record I bot my first 500 FNM at 6.72 and the second 5000 at .50. I did not expect this stock to do this this quickly I thought that it would take a couple of years to do this. They They had me down 3K and now I can clear out with net 8K.
I beleive that every defeat is an opportunity I use that approach and always make my first buy small that is the key start small and if you appear to be defeated then come after them
 
 
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Posted: #124
I want to stress that being right all the time is not possible The key to success is money mangement I learned the hard way that just because I think something is going to happen is not a reason to jump all over it . Sometimes I will end up fighting these guys over an idea for years. But proper money management will always take care of you. You need to have cash and lots of it on the sidelines at all times.
    I try to not have more than 10 positions at any one time 
Each position will ahve 3 buys if it goes against me.
Then that only repesents at the most 30% of my capitial
So each buy is 1/30 of my trading capital and most of my monye is in cash (70%) because sometimes I screw up
   Brook take note of this
 
 
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Posted: #125
I am  thanks
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