Thursday, December 4, 2008

Coaching

I have been asked by a few people to coach them into trading. Yes I might be able to facilitate LIVE via internet if you are serious. Please email marketjedi@gmail.com if interested.

MARKETJEDI

Venting - Part 2 (Trade Call)

I am so upset here- listening I just change to CSI. Great show anyways. Cramer and these idiots I am going to short SHLD tomorrow. I dont care, just to prove to my readers that these guys are idiots I am putting my money where my mouth is.

SHLD closed at $41 today so I am shorting tomorrow at open. I will put the price when I get filled.




MARKETJEDI vs Cramer!!!!!!!!!!!!!!!!!!!

Venting- Trade Call

Don't read if you dont want to read my venting of idiots on TV.
So I am hear listening to Cramer and then some other dumb asses on Tv talking about good buys. Let me tell you this firstly, this market is toast, so you better get some butter or jam or whatever you eat with your toast. Seriously Cramer needs to get off TV. This dude is calling SHLD a BUY! he got to be paid for people to lose money. Then we have these idiots talk about retail stocks, you got to be kidding me, FOLKS retail is dead. Let me tell you this American car companies are DEAD, banks are DEAD, most retailers are DEAD, it is just a fact. Cramer calling SHLD a buy is irresponsible to say the least. SHLD stock got a bump up in the 2003-2006 based on real estate prices which are going to plummet severely in this depression. YES DEPRESSION, dont wait for the knucklehead to tell you we in a depression one year after it actually happen look and realize it yourself.
I am so upset when I hear these people act so irresponsible because it shows how the system can be abused and twisted to take you hard earned money. Folks I have a stock play for you all and if doesn't double you can all call me an idiot.


FAZ- Will double in price and if it doesn't in a year I will never post again on the internet. So I am calling it here and now at $56 as a LONG hold to $110. Its is win or lose play so take heed as I am putting my reputation on it.


FAZ please make me look good :)


MARKETJEDI

Today

Well today we got what was explained in the market. Fear of tomorrow's job numbers had the bulls on the fence after a two day run up. My thoughts here is definitely neutral and I will be looking at the futures very closely overnight to see if it gives us any indication on where they want to push us after the numbers are released. One thing I know those job numbers wont be pretty.
Early next year will not look good and I strongly believe christmas sales will be horrible and the lay offs will increase especially in the first three months. Neutral here right now till be get past that number tomorrow for sure.

If we gap down tomorrow on the numbers I will be looking to sell those SDS shares at a profits. I should have played the options but decided to change it up alittle.
For those with 401k and IRA please email me because I have some way to grow them for you.

Marketjedi@gmail.com

MARKETJEDI

Last 10 minutes

Last ten minutes AT&T announced lay offs and DUPONT swinged to a loss. Futures are taking a hit on this. Lets see if they tagged the overnight lows and maybe bounce later. Who know, with this crazy market

Oil

News lows on Oil here- Wow if you have been reading the blog you would have made money on that play for sure- Oil and the commodities look so weak. Anyone seen copper, grains, oil all slammed. Early this year I expressed the coming downturn in the commodities and it happened faster that I expected but at the expected prices. I still think over the longer term commodities is the place to be not short term they over shoot parabolic.

For today seem like the is going to gap down a few points. I will be looking to take off a long if we gap down within a few points. I think they want us higher here for sure and I am beginning to think that lows might be in for the year. Common Wall Street manipulation for this festive time of the year. So stay sharp if they decide to push us high it might come in huge rushes as shorts try to cover and bargain hunters try to get in on the action before it is over.