Posted by gift1999 on 18th of Sep 2008 at 06:29 pm
Matt and steve
I think you guys did the right thing in suggesting to get into
the shorts and you guys kept on insisting how important it is to
lock profits as the time goes by.
And one of the most important reasons to lock profits would be
the spiking VIX. It is just ridiculous to keep holding on to
profitable trades ...that is called Greed.
Not to mention that you clearly mentioned about moving stops
higher. If someone loses money by not keeping stops that is really
their problem.
Posted by gift1999 on 18th of Sep 2008 at 05:20 pm
No actually i bought oct calls.... but even though I think rimm
will go up as high as 102 tomorrow...i still did not want to hold
options mainly because I think it`s crazy to hold 130 contracts
Posted by gift1999 on 16th of Sep 2008 at 08:00 pm
Matt
Unfortunately, I am stuck in SRS at 85.8 now and I am
trying to get a sense of how exactly this coreesponds to the
markets. Does it have any kind of relation with SPY
...meaning...can SRS still go up if markets go up?
Posted by gift1999 on 16th of Sep 2008 at 04:06 pm
RP, Thanks for getting back. I should have waited till the last
minute. I entered SRS at 85.8,
I hope it doesnt tank tomorrow. It is ridiculously
volatile
The community is delayed by three days for non registered users.
best thing to do is
Posted by gift1999 on 19th of Sep 2008 at 09:27 am
best thing to do is CASH....thank god i sold my SRS for a small loss at 7:59 PM
doesnt matter whether this rally
Anybody else besides me think this Fed RTC plan is ...
Posted by gift1999 on 18th of Sep 2008 at 07:28 pm
doesnt matter whether this rally is going to stay or not...........the key is not to lose money........
and if you try to get in theway , you can get crushed..if you are not comfortable like me...stay in cash...it is ok...atleast u wont lose money
Matt and steve I think you
Steve and I are thinging about just removing all shorts ...
Posted by gift1999 on 18th of Sep 2008 at 06:29 pm
Matt and steve
I think you guys did the right thing in suggesting to get into the shorts and you guys kept on insisting how important it is to lock profits as the time goes by.
And one of the most important reasons to lock profits would be the spiking VIX. It is just ridiculous to keep holding on to profitable trades ...that is called Greed.
Not to mention that you clearly mentioned about moving stops higher. If someone loses money by not keeping stops that is really their problem.
No actually i bought oct
rimm options
Posted by gift1999 on 18th of Sep 2008 at 05:20 pm
No actually i bought oct calls.... but even though I think rimm will go up as high as 102 tomorrow...i still did not want to hold options mainly because I think it`s crazy to hold 130 contracts
SRS
Posted by gift1999 on 18th of Sep 2008 at 05:01 pm
couldnt resist ....grabbed SRS at 76.81 in after hrs
SRS AT 77
Posted by gift1999 on 18th of Sep 2008 at 04:59 pm
Any thoughts on SRS at 77 ....would it be a good buy ...that`s after hrs quote
rimm
Remember options expiration, none of this too surprising as this ...
Posted by gift1999 on 18th of Sep 2008 at 04:27 pm
I sold all options into close.....in full cash now
rimm options
Posted by gift1999 on 18th of Sep 2008 at 03:54 pm
took a big chance bouht 130 contracts (strike 95) rimm at 92
i made big money....
thanks matt...i really had the turn date thing in my mind....was just waiting for my chance
more on SRS
Posted by gift1999 on 16th of Sep 2008 at 11:26 pm
interesting link
http://www.etftrends.com/2008/09/bank-failures-could-take-down-reit-etfs.html
NOW MORGAN STANLEY??
Posted by gift1999 on 16th of Sep 2008 at 11:13 pm
http://www.cnbc.com/id/26748060
Matt Unfortunately, I am stuck in
Posted by gift1999 on 16th of Sep 2008 at 08:00 pm
Matt
Unfortunately, I am stuck in SRS at 85.8 now and I am trying to get a sense of how exactly this coreesponds to the markets. Does it have any kind of relation with SPY ...meaning...can SRS still go up if markets go up?
the way futures seem to
Posted by gift1999 on 16th of Sep 2008 at 07:34 pm
the way futures seem to be spiking, it doesnt look like there is much opportunity to trim shorts now...
REVERSAL
Posted by gift1999 on 16th of Sep 2008 at 06:47 pm
matt, do you think today has signs of reversal....like this website says...
www.tradermike.net
What happened to the VIX and TRIX indicators today?
SRS
Posted by gift1999 on 16th of Sep 2008 at 04:06 pm
RP, Thanks for getting back. I should have waited till the last minute. I entered SRS at 85.8,
I hope it doesnt tank tomorrow. It is ridiculously volatile
SRS
Posted by gift1999 on 16th of Sep 2008 at 03:43 pm
what stock price of SRS would your entry point correspond to?
SRS
Posted by gift1999 on 16th of Sep 2008 at 01:15 pm
Any thoughts on going long SRS at 88
crude
Crude oil down another 2.5 after hrs to 92!
Posted by gift1999 on 15th of Sep 2008 at 10:29 pm
matt,
i guess that brings us close to the support level 90$ you were referring to
how to trade
Posted by gift1999 on 14th of Sep 2008 at 09:13 pm
Matt
Do you think if the markets open down sharply , we could see a short term rebound like the one we saw after bear stearns...
CNBC asia
Posted by gift1999 on 14th of Sep 2008 at 09:09 pm
CNBC asia free video on CNBC.COM
ASIA markets
Posted by gift1999 on 14th of Sep 2008 at 08:57 pm
ASIA markets slowly coming back to neutral...looks like the BOFA --mer deal has sunk well with the markets