Sorry folks I have had computer issues since mid last week. This weekend I idn't run my usual scans as my computer was down. I am up now and have to see if everything is A ok today before I do anything.
In the mean time GOOGLE in death mode here!!! Told you Google will get kill soon enough.
FNM- wow Should have held this one longer, but I did call it to he teens. We are about $21 now from the call @ $29. Oh well sometimes you dont gain as much profit by being a trader, dang it.
This week will be a nice week hopefully I will be 100% up tomorrow
Monday, March 10, 2008
Friday, March 7, 2008
Recession
Don't shoot the messenger as I said - economy on the downside america needs to stop the optimism and just face reality. Market is crushed pre market it new 52 week lows.
In the mean time SKF is up another $4. Move stops to $130 on the last 1/4 share lot.
UP +$30 (almost 30% with no leverage) in a week is just awesome period.
ONLY WINNERS HERE PERIOD
In the mean time SKF is up another $4. Move stops to $130 on the last 1/4 share lot.
UP +$30 (almost 30% with no leverage) in a week is just awesome period.
ONLY WINNERS HERE PERIOD
Thursday, March 6, 2008
MARKET CRUSHED
Weeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
GOOG new 52 week LOWS.
S&P new 52 week LOWS.
Nasdaq new 52 week LOW.
SKF now 134. called last week @109.9
Banks and Brokers are dead here.
Hmmm I hope you all reading because it was said here that this would happen. No shot in the world we wont see new lows. Next week should be super nice. Keep the power dry because when the dust is settles alot of people will be hurting.
WEEEEEEEEEEEEEEEEEEEEE
GOOG new 52 week LOWS.
S&P new 52 week LOWS.
Nasdaq new 52 week LOW.
SKF now 134. called last week @109.9
Banks and Brokers are dead here.
Hmmm I hope you all reading because it was said here that this would happen. No shot in the world we wont see new lows. Next week should be super nice. Keep the power dry because when the dust is settles alot of people will be hurting.
WEEEEEEEEEEEEEEEEEEEEE
TRADE CALL :SKF update
Take another 1/2 off here SKF +$20
geez louise - awesome.
should only be 1/4 share left with $120 stop
geez louise - awesome.
should only be 1/4 share left with $120 stop
TRADE CALL :SKF update
SKF is approaching first target of $130 here pre market. We took 1/2 off and should just be holding 1/2 shares here. Moving stop to $120 to lock in +$10 on the 1/2 shares left.
+$20 in 4 days or 18% not too shabby.
I think it goes much higher....So I am just setting stops and letting it ride here
+$20 in 4 days or 18% not too shabby.
I think it goes much higher....So I am just setting stops and letting it ride here
Thursday
I will be on and off today as I am having software problems I am trying to fix.
Well the first serious casualty of the mortgage market seem to be here today as TMA got a notice of default for not meeting its margin call. I said it once and I will say it twice, this mortgage ship will end up like the titantic.
Lets stay nimble today as I think next week will have greater opportunities after we pass tomorrow job numbers. What can I say about OIL! Everyone know I am a oil bull but seriously we should not be here. I think we will get a pullback here as the trade is crowded but after we should mount higher again, we will see soon enough. Cramer calling oil to 125 from here great call, that's about 20%. I called 100 oil when it was 35, hmm almost 300%. Don't listen to the talking heads, prime example the Investment banks. I think they will crash and burn and I am looking for much much lower prices on the investment banks.
Stay tuned.
Only here will you see the real light.
Have a great day
Well the first serious casualty of the mortgage market seem to be here today as TMA got a notice of default for not meeting its margin call. I said it once and I will say it twice, this mortgage ship will end up like the titantic.
Lets stay nimble today as I think next week will have greater opportunities after we pass tomorrow job numbers. What can I say about OIL! Everyone know I am a oil bull but seriously we should not be here. I think we will get a pullback here as the trade is crowded but after we should mount higher again, we will see soon enough. Cramer calling oil to 125 from here great call, that's about 20%. I called 100 oil when it was 35, hmm almost 300%. Don't listen to the talking heads, prime example the Investment banks. I think they will crash and burn and I am looking for much much lower prices on the investment banks.
Stay tuned.
Only here will you see the real light.
Have a great day
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