Monday, October 6, 2008

Do I hear 9000?????

Amazing how many times I told friends & family we were going to 9000 DOW in the past year from last August's wreckage until the "bailout" plan was passed on Friday. Every rally we would get I would hear them saying that was it and they were putting everything back in. Only one friend of mine pulled his entire 401K to cash around 13,500 and hasn't gotten back in (and his is over 150,000 so imagine the haircut he avoided).

POG snapped back very nicely overnight and should be the asset of choice while this worldwide slowdown gets ugly.

HUGE week ahead boyz!!

Joe

Sunday, October 5, 2008

WOW

Futures and overseas markets taking a hit early on. POG MUST hold the $820/821 mark.

Big week ahead guys!!!!

Sorry bout the niners Fish, but what did you really expect????

Sorry Fish : ( (Title is link)

Fish's Fresno State Bulldogs played one of the worst games possible and was still able to comeback and tie a HORRIBLE Hawaii team and send it to overtime before losing by 3. Click on link for story

As for my Red Raiders of Texas Tech, they demolished Kansas State 58-28 to move to (5-0)

Graham Harrell broke the school's all-time passing record and will break the all-time college football mark later this year. He was (38-51) for 454 yards and 6 TD's.

My boy Michael Crabtree caught 9 passes for 107 yards and 2 TD's.

Nebraska up next for Texas Tech as they look to go (6-0)!!!

On the pro level, big day for me & Fish today with My Pats traveling to San Francisco to take on his 49ers. May the best team win bro!!!!!

Friday, October 3, 2008

DXD

Booked $65.75 @ $67.75

SWC & JAG

Added @ $4.82 & $4.90

QID

Booked $59.66 @ $61.56

SKF & UYG

Booked $105.90 SKF @ $108.90
Added UYG @ $16.25

SA

Booked $14.47 @ $15.34

SKF & UYG

Booked $16.15 UYG @ $16.80
Added SKF @ $105.90

SKF & UYG

Booked $107.99 SKF @ $110.49
Added UYG @ $16.15

Sorry Mike for advising you to sell SKF :(

John & Jinx

I like PAL a lot at this price, but what do I know after today??????

As for the FNM & FRE, I went under the assumption that they rallied so high before the bill failed that I saw them getting back to those levels when it DID pass.

I would let the dust settle and don't make emotional decisions.

Opinions??

Anyone know what's the rationale for whats going on?? Just your basic contrarian trading taking place????

Added UYG @ $17.05

SKF

Booked $100.60 @ $103.10

Michael

Got your e-mail but my e-mail is screwed up. I'd book that SKF as I think we reverse this afternoon late. JMO

DXD

Booked $62.93 @ $65.05

UYG

Added @ $17.50

QID

Booked $57.70 @ $59.30

WTF is going on here???

FNM & FRE

Added @ $1.60 & $1.85

UYG

Added @ $18.05

Watching C-Span and it looks like it's gonna pass based on the past two hours debating.

QID

Added @ $57.70