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SiRV 09-22-2011 08:15 PM

Yes =*[
Final year
Posted via RS Mobile

lime56 09-22-2011 10:47 PM

Quote:

Originally Posted by 3klipze (Post 7587411)
imho, only way to hedge right now is to invest into some ETF. looking to get into a couple 2moro and hold for a week or two.

If anyone here is in any ETF, what are you in right now?

kinda late right now to hedge

the two to look at with best risk/reward is the financials

FAS if you're bullish
FAZ if you're bearish still


FAS has good short term upside in my opinion but have a tight stop of 6% loss just in case

i would just buy both and let the market swing both ways cuz right now my face is like :suspicious:

TRDood 09-22-2011 10:58 PM

I seriously hope no one buys FAS and FAZ at the same time. :troll:

With these swings, you are better off going to the casino than betting on 3x ETFs.

Quote:

Originally Posted by lime56 (Post 7587618)
kinda late right now to hedge

the two to look at with best risk/reward is the financials

FAS if you're bullish
FAZ if you're bearish still


FAS has good short term upside in my opinion but have a tight stop of 6% loss just in case

i would just buy both and let the market swing both ways cuz right now my face is like :suspicious:

Posted via RS Mobile

lime56 09-22-2011 11:24 PM

^^ might work

i wouldnt do it, but if i was forced at gunpoint and dont know short term direction (ie greece and euro situation) i might as well

best chance rather than pick one

but dont split up your capital 50/50 on each one.. ... fas is low value... put more in that one,,, so percentage wise the risk of losing out is hedged...

lime56 09-22-2011 11:34 PM

holy fuck

i just looked at my US acct

was .9833 at start of week

now its 1.03 and change... WTF... i didnt need to trade and woulda made 5%!!! LOL

Jermyzy 09-23-2011 12:05 AM

^Hehehe, that's what I said earlier

lime56 09-23-2011 04:11 AM

Quote:

Originally Posted by Scoobysnax (Post 7587015)
I have the same weeklies. Think we should be fine tomorrow as S&P bounced off 1120 a few times. Hopefully we are due for a bit of a rally tomorrow.

dont look good homie. 518am pst


fuuuuuuuuu
Posted via RS Mobile

no_clue 09-23-2011 04:25 AM

oh man pre-market is shit right now.

going to be REALLY tempting with all the deals and 52-week lows

lime56 09-23-2011 05:08 AM

futures turning up... fuck yea

buy orders coming in on level II

gl everyone

lime56 09-23-2011 05:45 AM

aapl is moving insane.. i hope the sellers are out for the rest of the day

day might have promise

usd is moving down vs CAD

Jermyzy 09-23-2011 09:20 AM

Can somebody explain why is gold moving down so much? I thought people flocked to gold when equities are so volatile?

lime56 09-23-2011 09:29 AM

us dollar rising... ppl got caught in the trade...silver took a bigger hit from 40s to 32s

and raising cash to buy US treasuries?... wait for pull back.. this is good time to buy gold at a discount

lime56 09-23-2011 09:38 AM

can aapl pls just pop 3$ up right now so i can move on to the porno thread and call it a day?:concentrate:

no_clue 09-23-2011 09:45 AM

Copper prices are getting killed. - Sep. 22, 2011

RIP CUU?

Scoobysnax 09-23-2011 09:49 AM

Quote:

Originally Posted by lime56 (Post 7587987)
can aapl pls just pop 3$ up right now so i can move on to the porno thread and call it a day?:concentrate:

MM's probably trying to pin it at around 405. Don't see why we don't go up next week if the G-20 meeting dont fuck us up. I probably hold onto my weeklies til then.

lime56 09-23-2011 09:52 AM

Quote:

Originally Posted by Scoobysnax (Post 7588001)
MM's probably trying to pin it at around 405. Don't see why we don't go up next week if the G-20 meeting dont fuck us up. I probably hold onto my weeklies til then.

yah.. i didnt think of that till like 9am.. .so i am just staring since start like this:alone:

maybe last 45min will give us a pop

i just want to get out... i bought the weekly at a high price

there was a strong move early at 7ish AM where it popped to over 406ish


maybe it will take out that high and create one of those nice candle thingys LOL

3klipze 09-23-2011 09:57 AM

commodities dropping mad. Silver is down 15+% atm.. =[

what do you guys think for commodities? Will have a run up by end of this year? or downward pressure continues with EU debt crisis??

A lot of investors say commodities play a role in forecasting where the economy's next move might be.

Quote:

Originally Posted by no_clue (Post 7587997)

:okay:

Jermyzy 09-23-2011 10:03 AM

^From what I've read, one of the reasons gold is taking beating is because traders are selling gold to cover their margins/losses.

lime56 09-23-2011 10:03 AM

:fuckyea: aapl called new high on the day... 406+

Jermyzy 09-23-2011 10:05 AM

^Congrats, lol.

strykn 09-23-2011 10:13 AM

made 9% today, silver and gold getting hitt harddd , may not be "safe havens" after all haha

lime56 09-23-2011 10:17 AM

Quote:

Originally Posted by strykn (Post 7588027)
made 9% today, still LOLing at the people who were popping boners about SLV/GOLD

sweet....

TouringTeg 09-23-2011 10:17 AM

Yep. Some are selling gold to raise cash and to pay for margin calls

Commodities have been hit hard this week.

waddy41 09-23-2011 10:33 AM

strykn what did you trade?

strykn 09-23-2011 11:35 AM

avnr
bpax
orex short ( closed too early.. woulda made a lot more )


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