Posting of Real-Time Trades and a VERY SIMPLE technique that makes TRADING SIMPLE!!!
I'm starting to think Ben's plan is to pump up financials just enough so they can take the blow when he raises interest rates later this yearI aggree they wont raise rates this time but definetly later
Happens every bear market.Bottoms in...my ass. Nothing has changed except fed is willing to take more and more depreciating assets and put them on their balance sheet backed w/ taxpayer money.Doesn't solve a thing IMO, just makes them worse.
Hmmmwanna add SKF but I'm thinking it could go down 125 this move
I'm waiting for mid/low 120's. If not I'm happy with my 143 lot.
I'm not gonna buy SKF today as I'm working tommorow
*DJ US Rep Frank: Housing Bill To Be On US House Floor WednesdayToday is frontrunning this I think.
I can't believe UYG is approaching $22!!!!!!!!!!!!!!!Haven't really had much of a chance to add UYG's on pullbacks to book as it's pretty much been straight up (down for SKF)The financial longs are gonna get CRUSHED IMO. Maybe not this week, but eventually.
This comment has been removed by the author.
WOWbooked UYG at 21,84
To think I picked up UYG this am @19.10...had no idea we'd be up almost 3 bucks on it for the day...
Like I've said before - Financial EFTs are my drug of choise
Who'd have thunk my $23 UYG would almost be in the green last week @ $14!!!!!!!!!!!
This def. feels like buy the rumor sell the news type event...
LMAO - WBCutting 6000+ jobsCutting dividend 85%Lost 9 Billion!!!Up 24%
I'm starting to think Ben's plan is to pump up financials just enough so they can take the blow when he raises interest rates later this year
ReplyDeleteI aggree they wont raise rates this time but definetly later
Happens every bear market.
ReplyDeleteBottoms in...my ass. Nothing has changed except fed is willing to take more and more depreciating assets and put them on their balance sheet backed w/ taxpayer money.
Doesn't solve a thing IMO, just makes them worse.
Hmmm
ReplyDeletewanna add SKF but I'm thinking it could go down 125 this move
I'm waiting for mid/low 120's. If not I'm happy with my 143 lot.
ReplyDeleteI'm not gonna buy SKF today as I'm working tommorow
ReplyDelete*DJ US Rep Frank: Housing Bill To Be On US House Floor Wednesday
ReplyDeleteToday is frontrunning this I think.
I can't believe UYG is approaching $22!!!!!!!!!!!!!!!
ReplyDeleteHaven't really had much of a chance to add UYG's on pullbacks to book as it's pretty much been straight up (down for SKF)
The financial longs are gonna get CRUSHED IMO. Maybe not this week, but eventually.
This comment has been removed by the author.
ReplyDeleteWOW
ReplyDeletebooked UYG at 21,84
To think I picked up UYG this am @19.10...had no idea we'd be up almost 3 bucks on it for the day...
ReplyDeleteLike I've said before - Financial EFTs are my drug of choise
ReplyDeleteWho'd have thunk my $23 UYG would almost be in the green last week @ $14!!!!!!!!!!!
ReplyDeleteThis def. feels like buy the rumor sell the news type event...
ReplyDeleteLMAO -
ReplyDeleteWB
Cutting 6000+ jobs
Cutting dividend 85%
Lost 9 Billion!!!
Up 24%