Well, the DOW closed under 7K today. - DFWstangs Forums
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post #1 of 143 (permalink) Old 03-02-2009, 04:45 PM Thread Starter
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Well, the DOW closed under 7K today.

6,763.29

http://www.google.com/finance?client=ob&q=INDEXDJXJI


On the positive side, it's like a fire sale

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post #2 of 143 (permalink) Old 03-02-2009, 05:13 PM
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6,763.29

http://www.google.com/finance?client=ob&q=INDEXDJXJI


On the positive side, it's like a fire sale
Almost a fire sale. I would like to see the PE ratios down to the 5-7 range. That is a bottom in a bear market.
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post #3 of 143 (permalink) Old 03-02-2009, 05:56 PM
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Not to be negative but I think the bear rally is going to continue below 6000

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post #4 of 143 (permalink) Old 03-02-2009, 10:03 PM
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Looks like the market has judged obama's economic policies correctly. and I agree, there seems to be nothing to stop the market's slide.
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post #5 of 143 (permalink) Old 03-03-2009, 05:39 AM
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Looks like the market has judged obama's economic policies correctly. and I agree, there seems to be nothing to stop the market's slide.
Yup!

Obama made sure that everyone who had Dollars in their accounts now only have CHANGE...... Pennies...

Its all Obama's fault... (Just using the same logic the Communists (err... Bush Haters) used when Bush was in office).

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post #6 of 143 (permalink) Old 03-03-2009, 06:38 AM
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Where is Bullet and his predictions?
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post #7 of 143 (permalink) Old 03-03-2009, 07:09 AM
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Where is Bullet and his predictions?

Trying to find a graph to dispute this one:

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post #8 of 143 (permalink) Old 03-03-2009, 08:20 AM
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I really thought 7,500 was the floor.


<-----Starting to get frightened at this point.
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post #9 of 143 (permalink) Old 03-03-2009, 08:46 AM
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I predict we will be at 5000 or below by July 1st. I know nothing about the stock market but this is my prediction.
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post #10 of 143 (permalink) Old 03-03-2009, 08:48 AM
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I love a down market. Contra-ETF's are booming.

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post #11 of 143 (permalink) Old 03-03-2009, 09:00 AM
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I remember a few months back (November?) 01WC suggesting we wouldn't see a bull rally until the second or end of second quarter of 09. Still sounding pretty accurate to me.

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post #12 of 143 (permalink) Old 03-03-2009, 01:43 PM
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This thread needs more ....



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post #13 of 143 (permalink) Old 03-03-2009, 01:49 PM
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I remember a few months back (November?) 01WC suggesting we wouldn't see a bull rally until the second or end of second quarter of 09. Still sounding pretty accurate to me.
This is not new news at all. In fact, it's still rather optimistic from what a majority of the "experts" and committees are saying. The Harvard group we're a member of here at work thinks the earliest is 4th Q this year.

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post #14 of 143 (permalink) Old 03-03-2009, 06:11 PM
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Where is Bullet and his predictions?






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A 12 - 15 % run up is in the works I'm looking for a turn in the 6650- 6800 area after they wash out the stop orders resting at and under 7000.

Get ready tomorrow.

Only thing that's going to bounce harder than the dow from this area I posted are those checks out of al's etrade account.

Republicans drove the car off the cliff and democrats had to do all of the work getting it back out of the ditch

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MONEY NEVER SLEEPS

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When you pull in 20 million percent a year like BULLET, you have your share of 5 and 6 figure days!

GENUFLECT TO THE BULLET




FACTS ARE LIKE ACID TO THE SKIN OF REPUBLICONS
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post #15 of 143 (permalink) Old 03-03-2009, 06:16 PM
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Get ready tomorrow.

Only thing that's going to bounce harder than the dow from this area I posted are those checks out of al's etrade account.
I'm sticking by my 6500 by Friday. It ain't looking good for you, with Barry and his clan spewing all that garbage...It had a little up-tick today, then...BAM! Fidel Adolph Obama opened his garbage pail again.

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post #16 of 143 (permalink) Old 03-03-2009, 07:30 PM
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bullets going to keep claiming there's going to be a rebound until there actually is one, then he'll claim he knew it all along.
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post #17 of 143 (permalink) Old 03-03-2009, 09:36 PM
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then...BAM! Fidel Adolph Obama opened his garbage pail again.
Okay, that made me LOL -- literally.

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post #18 of 143 (permalink) Old 03-04-2009, 04:39 AM
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Okay, that made me LOL -- literally.
I'm sorry...I lost my head.

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post #19 of 143 (permalink) Old 03-04-2009, 07:10 AM
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I'm gonna say 6500 this week might be a little low for the next bounce, A 12 - 15 % run up is in the works I'm looking for a turn in the 6650- 6800 area after they wash out the stop orders resting at and under 7000.



Quote:
Originally Posted by bullet View Post
Get ready tomorrow.

Only thing that's going to bounce harder than the dow from this area I posted are those checks out of al's etrade account.


Anyone want to venture a guess what level the dow futures were trading at when I posted this yesterday evening and what they are at now ?














http://www.cbot.com/cbot/pub/page/0,...bardensity=LOW

Republicans drove the car off the cliff and democrats had to do all of the work getting it back out of the ditch

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When you pull in 20 million percent a year like BULLET, you have your share of 5 and 6 figure days!

GENUFLECT TO THE BULLET




FACTS ARE LIKE ACID TO THE SKIN OF REPUBLICONS
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post #20 of 143 (permalink) Old 03-04-2009, 07:14 AM
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I'm sticking by my 6500 by Friday. It ain't looking good for you, with Barry and his clan spewing all that garbage...It had a little up-tick today, then...BAM! Fidel Adolph Obama opened his garbage pail again.

Not even your messiah will be able to stop the next bounce of 700 to 1000 points.

Republicans drove the car off the cliff and democrats had to do all of the work getting it back out of the ditch

Great spirits have always encountered violent opposition from mediocre minds at dfwstangs.net

MONEY NEVER SLEEPS

Quote:
Originally Posted by slow99 View Post
When you pull in 20 million percent a year like BULLET, you have your share of 5 and 6 figure days!

GENUFLECT TO THE BULLET




FACTS ARE LIKE ACID TO THE SKIN OF REPUBLICONS
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post #21 of 143 (permalink) Old 03-04-2009, 07:18 AM
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Not even your messiah will be able to stop the next bounce of 700 to 1000 points.
Who would that be?

It's not Barry...I wouldn't piss down his throat if his guts were on fire.

It's becoming pretty evident that you're full of shit...

CHL holder and Conservative...AKA "Domestic Terrorist"

Last edited by Vertnut; 03-04-2009 at 07:30 AM.
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post #22 of 143 (permalink) Old 03-04-2009, 09:16 AM
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bullets going to keep claiming there's going to be a rebound until there actually is one, then he'll claim he knew it all along.
Winner!!!

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post #23 of 143 (permalink) Old 03-04-2009, 09:19 AM
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Being a full time day trader I say we will be sideways until 4Q. We might hit a few good weeks but nothing that will hold.

I would rather live my life as if there is a God, and die to find out there isn't, than live my life as if there isn't, and die to find out there is.
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post #24 of 143 (permalink) Old 03-04-2009, 03:21 PM
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I'm looking for a turn in the 6650- 6800 area after they wash out the stop orders resting at and under 7000.

Another dead nuts on call for the bullet just for my pal natie boy.


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Originally Posted by sc281_99-0135 View Post




Quote:
Originally Posted by Vertnut View Post
Hey, Bullet? Am I still looking like a dumbass? It's Monday, I "suggested" 6500 this week. We're at 6830 (down 200+) and I've got another 4 days! Your boy Obama is top-notch! 2000 point drop since he took office! Market is 50% of what it was in May when the financials figured he might be POTUS...Are you happy?

Vertnut, where's that 6500 ?





I'll plead the 5 th when answering your question.





Dewayne,
what do you trade ?
Self employed or prop?
Hit me up sometime as I am eager to discuss trading with someone who actually understands the industry.

Republicans drove the car off the cliff and democrats had to do all of the work getting it back out of the ditch

Great spirits have always encountered violent opposition from mediocre minds at dfwstangs.net

MONEY NEVER SLEEPS

Quote:
Originally Posted by slow99 View Post
When you pull in 20 million percent a year like BULLET, you have your share of 5 and 6 figure days!

GENUFLECT TO THE BULLET




FACTS ARE LIKE ACID TO THE SKIN OF REPUBLICONS

Last edited by bullet; 03-04-2009 at 03:28 PM.
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post #25 of 143 (permalink) Old 03-04-2009, 03:25 PM
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It's coming soon, dead cat bounce
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post #26 of 143 (permalink) Old 03-04-2009, 03:27 PM
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LOL... what are you going to talk about? Going to take potshots at what the irrelevant DJI is going to close at?
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post #27 of 143 (permalink) Old 03-04-2009, 03:30 PM
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On another note, who is going to continue to purchase American debt when the buyers themselves really feel the pinch? We are borrowing/selling just to pay the interest on our outstanding debts.

WTF is wrong with the people who run this Country?

Oh, and the Dow could easily see 5k in the coming months
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post #28 of 143 (permalink) Old 03-04-2009, 03:37 PM
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Anyone want to venture a guess what level the dow futures were trading at when I posted this yesterday evening and what they are at now ?
I can't for the life of me figure out why you keep coming in here and talking about the DJIA when no one really gives a shit about it. You mock Vertnut with his call of 6500 like he did anything beyond guess.

The DJIA is going to 7200 tomorrow. That's my prediction. If I'm wrong....OH NOES, I WAS WRONG!!! lol
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post #29 of 143 (permalink) Old 03-04-2009, 04:12 PM
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Another dead nuts on call for the bullet just for my pal natie boy.









Vertnut, where's that 6500 ?





I'll plead the 5 th when answering your question.





Dewayne,
what do you trade ?
Self employed or prop?
Hit me up sometime as I am eager to discuss trading with someone who actually understands the industry.
150 points is NOT 750-1000 like you "predicted". LOL! I'm sticking to my guns (literally, too).

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post #30 of 143 (permalink) Old 03-04-2009, 04:17 PM
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I can't for the life of me figure out why you keep coming in here and talking about the DJIA when no one really gives a shit about it. You mock Vertnut with his call of 6500 like he did anything beyond guess.

The DJIA is going to 7200 tomorrow. That's my prediction. If I'm wrong....OH NOES, I WAS WRONG!!! lol
He just drops in to snipe with a post or two a day, because he knows he has nothing to stand on. His only arguement is that I'm wrong with my market prediction. I've noticed how Barry's bullshit never comes up in conversation with bullet anymore, because even he knows how ludicrous it is for him to support a socialist...

Run, bullet, run!

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post #31 of 143 (permalink) Old 03-04-2009, 06:20 PM
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Another dead nuts on call for the bullet just for my pal natie boy.









Vertnut, where's that 6500 ?





I'll plead the 5 th when answering your question.





Dewayne,
what do you trade ?
Self employed or prop?
Hit me up sometime as I am eager to discuss trading with someone who actually understands the industry.

ETF's and Contra-ETF is all I mess with. I don't like to hold a stock for than a few minutes if I can. I never hold over night or weekends. Ride the wave.

I would rather live my life as if there is a God, and die to find out there isn't, than live my life as if there isn't, and die to find out there is.
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post #32 of 143 (permalink) Old 03-04-2009, 07:55 PM
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150 points is NOT 750-1000 like you "predicted". LOL! I'm sticking to my guns (literally, too).
I said, I'm looking for a 12 to 15% rally. We ran +300 from the low in dow futures already but sit tight mr vertnut as the rest of the gains will come soon.


Actually al is guessing close to where we rally to, not bad for a etrade piker who bought drys at 37.


So lay it out vertnut, you say we will hit 6500 on the cash index before we rally 700 to 1000 off of the dow future lows of 6620 ?


What is the wager ?

Republicans drove the car off the cliff and democrats had to do all of the work getting it back out of the ditch

Great spirits have always encountered violent opposition from mediocre minds at dfwstangs.net

MONEY NEVER SLEEPS

Quote:
Originally Posted by slow99 View Post
When you pull in 20 million percent a year like BULLET, you have your share of 5 and 6 figure days!

GENUFLECT TO THE BULLET




FACTS ARE LIKE ACID TO THE SKIN OF REPUBLICONS

Last edited by bullet; 03-04-2009 at 08:01 PM.
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post #33 of 143 (permalink) Old 03-04-2009, 07:55 PM
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ETF's and Contra-ETF is all I mess with. I don't like to hold a stock for than a few minutes if I can. I never hold over night or weekends. Ride the wave.

You are a smart man. Smarter than 99% of the sheep on this site who are losing their ass in their 401pray.


You trade sds often ?

Republicans drove the car off the cliff and democrats had to do all of the work getting it back out of the ditch

Great spirits have always encountered violent opposition from mediocre minds at dfwstangs.net

MONEY NEVER SLEEPS

Quote:
Originally Posted by slow99 View Post
When you pull in 20 million percent a year like BULLET, you have your share of 5 and 6 figure days!

GENUFLECT TO THE BULLET




FACTS ARE LIKE ACID TO THE SKIN OF REPUBLICONS

Last edited by bullet; 03-04-2009 at 08:02 PM.
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post #34 of 143 (permalink) Old 03-04-2009, 08:03 PM
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You trade sds often ?
I like direxionshares. The have some 3X ETF's. They move fast so you can jump in and out quick.

I would rather live my life as if there is a God, and die to find out there isn't, than live my life as if there isn't, and die to find out there is.
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post #35 of 143 (permalink) Old 03-05-2009, 04:57 AM
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I said, I'm looking for a 12 to 15% rally. We ran +300 from the low in dow futures already but sit tight mr vertnut as the rest of the gains will come soon.


Actually al is guessing close to where we rally to, not bad for a etrade piker who bought drys at 37.


So lay it out vertnut, you say we will hit 6500 on the cash index before we rally 700 to 1000 off of the dow future lows of 6620 ?


What is the wager ?
I already got within 220 the other day, considering I'm guessing, that's pretty good. So is your rally today and tomorrow? The deadline on my "guess" is tomorrow, as yours should be. If you don't pick a dead line, we all know the market will eventually come back. But I'll tell you what...if the market hits 7700 before it hits 6500, I'll buy you lunch. If I can't get to your trailer park, I'll send enough cash for you to have a decent lunch, let's say $20. You want to do the same?

CHL holder and Conservative...AKA "Domestic Terrorist"

Last edited by Vertnut; 03-05-2009 at 06:00 AM.
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post #36 of 143 (permalink) Old 03-05-2009, 07:31 AM
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OHNOES


Dow is down 111


Don't worry vertnut, it will get back to break even before the bell rings and may even close in the green.





Republicans drove the car off the cliff and democrats had to do all of the work getting it back out of the ditch

Great spirits have always encountered violent opposition from mediocre minds at dfwstangs.net

MONEY NEVER SLEEPS

Quote:
Originally Posted by slow99 View Post
When you pull in 20 million percent a year like BULLET, you have your share of 5 and 6 figure days!

GENUFLECT TO THE BULLET




FACTS ARE LIKE ACID TO THE SKIN OF REPUBLICONS
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post #37 of 143 (permalink) Old 03-05-2009, 08:00 AM
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Actually al is guessing close to where we rally to, not bad for a etrade piker who bought drys at 37.
Thanks for lending credibility to my idea that pulling stuff out of my ass is just as good as all your bullshit chart reading.
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post #38 of 143 (permalink) Old 03-05-2009, 08:48 AM
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OHNOES


Dow is down 111


Don't worry vertnut, it will get back to break even before the bell rings and may even close in the green.




Is it a good bet, or not? We're down 160 (so far), and I don't see any "green" today.

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post #39 of 143 (permalink) Old 03-05-2009, 09:06 AM
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Is it a good bet, or not? We're down 160 (so far), and I don't see any "green" today.

I see lots of green on my ticker screen

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post #40 of 143 (permalink) Old 03-05-2009, 09:20 AM
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I see lots of green on my ticker screen
I see it down 218.

Bullet? Oooooh, Bullet?

*crickets*

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post #41 of 143 (permalink) Old 03-05-2009, 09:32 AM
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Ultra Short FTMFW

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post #42 of 143 (permalink) Old 03-05-2009, 09:38 AM
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Have we figured out where bottom is? Damn!

I was wanting to short some stuff, like Citigroup, the other day...1.20. I bought some instead. Its a .97 today..lol. I should have gone with my first notion..lol
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post #43 of 143 (permalink) Old 03-05-2009, 09:47 AM
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Have we figured out where bottom is? Damn!

I was wanting to short some stuff, like Citigroup, the other day...1.20. I bought some instead. Its a .97 today..lol. I should have gone with my first notion..lol
I bet that saudi guy who has all those citi shares is crying!!

98 Brokra
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post #44 of 143 (permalink) Old 03-05-2009, 09:49 AM
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Have we figured out where bottom is? Damn!

I was wanting to short some stuff, like Citigroup, the other day...1.20. I bought some instead. Its a .97 today..lol. I should have gone with my first notion..lol
probably 4-5K. If Obama says buy do the opposite

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post #45 of 143 (permalink) Old 03-05-2009, 09:49 AM
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Have we figured out where bottom is? Damn!

I was wanting to short some stuff, like Citigroup, the other day...1.20. I bought some instead. Its a .97 today..lol. I should have gone with my first notion..lol

You want to short a stock that is almost $1?

I would rather live my life as if there is a God, and die to find out there isn't, than live my life as if there isn't, and die to find out there is.
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post #46 of 143 (permalink) Old 03-05-2009, 09:59 AM
Lifer
 
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Originally Posted by dewayne6243 View Post
You want to short a stock that is almost $1?

It was at 1.20 when I wanted to short it. Its at .97 today. Its still dropping.....
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post #47 of 143 (permalink) Old 03-05-2009, 10:03 AM
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It was at 1.20 when I wanted to short it. Its at .97 today. Its still dropping.....
Check ur ticker. It is not dropping. So what if we have a mid-day rally and it shoots back to $1.20?

I would rather live my life as if there is a God, and die to find out there isn't, than live my life as if there isn't, and die to find out there is.
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post #48 of 143 (permalink) Old 03-05-2009, 10:06 AM
Lifer
 
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Check ur ticker. It is not dropping. So what if we have a mid-day rally and it shoots back to $1.20?

I made some cash, bought more today at .99.

I said I THOUGHT about shorting it...I didn't.
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post #49 of 143 (permalink) Old 03-05-2009, 10:19 AM
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I thought most brokers dont allow you to short a stock under $5? Yall should leave Citi alone they are already broke as shit! There isnt much left

98 Brokra
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post #50 of 143 (permalink) Old 03-05-2009, 10:22 AM
Lifer
 
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Originally Posted by Ylw 98~~SNAKE~~ View Post
I thought most brokers dont allow you to short a stock under $5? Yall should leave Citi alone they are already broke as shit! There isnt much left
Well you can't use margin for sure. That is a very unexperienced move to short a $1 stock but what do I know about trading.

I would rather live my life as if there is a God, and die to find out there isn't, than live my life as if there isn't, and die to find out there is.
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