Thursday, February 19, 2009

DOW at November Lows

We are here folks- TOLD YOU!!!
Where is Cramer and the 1000 other analysts who said November was the lows. No shot in hell. Don't be in denial and buy stocks. SHORT at will or you got to be in commodities that will be the next market for the fast money.


BYE BYE MARKET- Hope you have fun in the 6000s

GE

Exactly a month ago January 23rd I said GE would trade to $9 in a year well it happened in one month. Folks nothing saving this market from lower prices. The market is going to do what it is going to do, just like water it is going to find its true level.

Another winning call!!!!!!

How is our WFC,STT and PALM shorts doing?
Anyone notice my 401k play of the year today? FAZ.


ONLY WINNERS

MARKETJEDI-

WOW

Slow death- tighten up those stops- None of the trades should lose from here they are up HUGE !!!!!!!!!!!!!!!!!!!

GE-

GE now in the $10 range- I hope my prediction comes true. Prediction was $9 on GE

Nationalization

Tighten stops

Tighten up stops on your shorts here- Good shot today or tomorrow we get a bounce.

Manage your trades in here.

WFC, PALM and STT should not be losers here- Manage them

Wednesday, February 18, 2009

Heads Up

Just a heads up today at the close we sold off. In reality for us traders the close is false and this needs to be watched tomorrow. Earlier today I saw huge volumes going through on the downside but we were holding up well, then around 1:00 we started slowly sell off.
785 was the line in the sand for the S&P and we broke it although not by much. Now tomorrow there is a good shot that 785 will be the important level to watch. Above that you want to be long and below you want to be short.

How are those weekend trade calls working- They are ROCKING!!!!!


MARKETJEDI