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-   -   STOCK MARKET Thread (https://www.revscene.net/forums/374823-stock-market-thread.html)

3klipze 08-04-2011 04:35 PM

After looking at Wi-Lan and its positive financial results release today, it must rebound soon enough

What do you guys think on it?

shawnly1000 08-04-2011 05:05 PM

Be careful with earnings plays in this kind of environment. If the earnings are good, the stock can run more than it would in a usual environment as people are looking for quick green plays and therefore it may get more volume. In contrast, if the earnings are bad, it could drop a lot more than it would on a regular day. Even if the earnings are good, the stock may not move much or even drop as seen today for the companies that reported earning afterhours yesterday or the open today.

ehhhwik 08-04-2011 08:28 PM

Quote:

Originally Posted by soymilk (Post 7534775)
Bank stocks are looking pretty attractive right now with 3 of them paying a healthy yield.

Quote:

Originally Posted by SiR_vfung (Post 7534797)
^ Which banks you looking at?

i picked up some RY and BNS, both long term holds for me

blkgsr 08-04-2011 08:49 PM

my cousin texted me tonight saying asian markets are getting pounded today....he's thinking anoter 500-600 points for the dow

shawnly1000 08-04-2011 09:31 PM

Not a rule, but the trend is that US markets set the mood/tone for Asian markets and in turn, especially recently, the US markets are influenced by the European markets. Tomorrow will be all dependent on the jobs numbers, given this comes out before markets open the result could be compounded for the worst because everyday investors have the "delayed" reaction (i.e. finding out about today's close after the markets already closed and doing something about it tmw morning)

Carl Johnson 08-04-2011 09:33 PM

It's okay to nibble some stocks here but I just hope some of you have deep liquid accounts who are doing it. Because being early to a trade sometime means a further drop of 5 to 10% before turning into the direction that you've desired.

blkgsr 08-05-2011 06:35 AM

thoughts on this morning?

Carl Johnson 08-05-2011 07:54 AM

brokers are working overtime now lol. and i bet somebody just ended their career on wallstreet.

Ducdesmo 08-05-2011 08:28 AM

TSX down another 476! All that QE money coming to an end...

highfive 08-05-2011 08:45 AM

^Yeah but upping the debt ceiling is another way of devaluing the dollar.

It's really an excuse for ppl to sell. BTW aren't most wall street managers out on vacation?

blkgsr - Are you planning to get back in CUU with this drop today?

A good way to explain the shitty past two days.

terranovajoe Twitter

Quote:

The insanity of how the tape is trading is evidence of an absence of liquidity. Machines are in control.

SiRV 08-05-2011 09:10 AM

Feed down to 1.10 anyone going in?
Posted via RS Mobile

blkgsr 08-05-2011 09:34 AM

Quote:

Originally Posted by highfive (Post 7535478)
blkgsr - Are you planning to get back in CUU with this drop today?

i've got an all in buy at 1.45...nothing gone through...sp back to 1.54 right now

a couple stock i'm watching seemed to have rebounded from this morning and are even up...thoughts?

the dows up today so far, everything else is down...

blkgsr 08-05-2011 09:41 AM

revised my buy to 1.54...just wanna get back in lol

blkgsr 08-05-2011 09:47 AM

can someone give me some tips on reading a level 2 and figuring out what's going on? i've sorta got an idea but would like more info

gdoh 08-05-2011 09:50 AM

wow 300point swing =| these traders are just fucking with us

edit what kind of help

highfive 08-05-2011 09:56 AM

Left an order for FEED at 1.06. Don't think it filled yet.

I think it's the computerized trading..the high frequency trading.

You should just leave CUU at 1.50 at least. I'm sure some of those fuckers will trade it down until we have some news coming.

blkgsr 08-05-2011 10:01 AM

ya my cousin said the market is gyrating like cracked out hooker lol

just reading them and understanding them...seeing where the sp is moving etc



alright...all back in at 1.57

so was able to go from 1.60 to 1.57 to pick up some extra shares....shouldn't have fucked around again this morning and just got it at 1.51

when will i learn???

blkgsr 08-05-2011 10:05 AM

1.50...really? you think it will come back down to that again?

gdoh 08-05-2011 10:06 AM

you read them the same way as would with 15 min delay and to tell where it is moving you have to look at the chart to see where the support is and trends on the performance of the stock....its pretty straight foreward

aznl3oi 08-05-2011 10:51 AM

cuu is green...what a suprise lol.

magic lamp is telling me drill results next week.408 409 410 411 412.

highfive 08-05-2011 11:30 AM

I'm just saying I'm not surprised if it goes back down for CUU.

Well welcome back to the CUU ship anyways. Where on good days, we talk like we the might Hulk. On bad days, we talk like the Red Skull and Hydra are coming. lol

highfive 08-05-2011 11:41 AM

CUU back down to the 1.50s..

FEED got filled at 1.06.

Picked up some BAC at 8.37

blkgsr 08-05-2011 11:54 AM

fuck you cuu

seriously...should have just left the 1.54 buy point...would have filled

highfive 08-05-2011 12:04 PM

But you still got in at 1.57 right?

It's just 3 cents, if you're in for the long term, it's not a super big deal buddy.

Finally, the fucking week is over. Lets hope we get a little pop on Monday and a massive short squeeze. lol

gdoh 08-05-2011 12:11 PM

if you keep buying and selling like this your gunna get burned why not just accumulate more as it goes down to lower your average cost.....


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