nikoschopen 2,824 posts msg #61818 - Ignore nikoschopen |
4/25/2008 11:00:19 AM
Nightmare Re-habilitated or Re-visited?: Desperate times call for desperate measures as Freddie (as in Mac not Krueger) has been given a get out of jail free card (resurrected from the dead) and is wasting little time ramping up its purchases (terrorizing) to put the taxpayer (innocent bystanders) at risk. "The government-sponsored enterprise said it entered contracts to buy $43.5 billion in loans last month, sharply up from $14.8 billion on February. Its portfolio increased to $712.5 billion in the month from $709.5 billion in February." (Reuters)
(Source: Briefing.com)
|
nikoschopen 2,824 posts msg #61820 - Ignore nikoschopen |
4/25/2008 11:14:01 AM
Ooohhh la la, S&P is in a freefall.
|
ctrout 122 posts msg #61822 - Ignore ctrout |
4/25/2008 11:50:45 AM
JP, nice exit on PSYS.
I shorted the XLF this am off the trendline from 2-27. Employing a tight stop if it reverses. Still in $RUT puts. Lowered stops to Breakeven. Lowered stop on OIH to 203 to protect profits. Certainly I'm in the bearish camp but this market has a lot of bulls left. I hope the dollars rallies some more as US goods will be more expensive and that could trash the market. Either way I will follow the markets and try not to predict.
|
johnpaulca 12,036 posts msg #61823 - Ignore johnpaulca |
4/25/2008 12:00:21 PM
ctrout: I see ure are awake (<:
-do you have feed yet? still have time to enter tim.to. Notice ya been tearing up the market, nice job....I have my beer money for the weekend, just hoping the snow would melt soon, we received 25cm this week...yuk.
|
ctrout 122 posts msg #61830 - Ignore ctrout |
4/25/2008 12:39:16 PM
Hi JP,
Sounds like you live where I like to fish. I'm in Los .Angeles Area. Do you live in Canada? (I see you use the metric system in counting)
My feed should be back up on Monday.
Tyring to be more disciplined with my trades. I have to let my equities have a bit more room though. Not very patient. BTW, I posted a reply to your Canadian Stock Thread. What do you think of EIT.UN. I got a bit spooked when I found out they use leverage.
|
Eman93 4,750 posts msg #61831 - Ignore Eman93 |
4/25/2008 12:45:30 PM
i cant stand watching
bought 400 PG @ 66.47
stop loss @ 65.10
sell limit @ 70.20
the vix is heading up too, i wanna catch befor the MACD cross.
Risk = 548, Reward 1842 ratio 3.26:1
Im from Cincinnati so I watch PG pretty close its a good value at that price.
Poped up on the Wall Street pro screen
|
Eman93 4,750 posts msg #61832 - Ignore Eman93 |
4/25/2008 12:57:30 PM
why dose it always go down 20 cents? A perfect entry is 66.10 it was down to 66.17 today.
RULE #1 dont lose money!!!!
|
johnpaulca 12,036 posts msg #61833 - Ignore johnpaulca |
4/25/2008 1:16:42 PM
ctrout: I live in calgary/Banff area.
eit.un long term trend is still down, I would stay from it...cheers

|
Eman93 4,750 posts msg #61839 - Ignore Eman93 |
4/25/2008 3:44:01 PM
vix below 20....
S&P @ 1495 for the second time today!!!!!
Hold on it could go etither way.
|
Eman93 4,750 posts msg #61840 - Ignore Eman93 modified |
4/25/2008 3:55:35 PM
IM out sold 400 PG @ $66.52 the trade cost $22
I wont be able to sleep over the weekend!
If I could cover with puts I would be a happy camper.
I will buy Monday!
Watch it gap up 2 points Monday!!!
|