STOCK MARKET Thread

[Ulic Qel-Droma]

Originally Posted by strykn

LOL anyone see that oil dump!?

HAHA... dude, i was short a oct contract from the highs ($100.20), yesterday night i decided to get out and roll over to the nov contract, but then i didn't roll over... cuz i got trigger anxiety about entering at a worse price... fuck.

*cry* lol...

on the good side i shorted corn and soybeans, lol woot, made a killing on those.
already made 25-29% today!


better start watching palladium and platinum. big giant red bars today. im gonna look for a short entry on those as well.

for you gold and silver players, start to look for a short on those as well. time to take profits, or play the otherside!

[strykn]

my UCO calls should double by end of week bought the dip aw yehaaa

**^^ wow ULIC if u kept your short youd be fucking RAKKINGGGG in that dip today!!

[will068]

Originally Posted by strykn

LOL anyone see that oil dump!?

For no fucking reason too.

[Ulic Qel-Droma]

Originally Posted by will068

For no fucking reason too.

there was a reason... lol

it broke a nice support level, and everyone sold

[minoru_tanaka]

One rumor is that an algo read SPR and sold which triggered others to also

[will068]

Originally Posted by Ulic Qel-Droma

there was a reason... lol

it broke a nice support level, and everyone sold

blame it on the technicals when there is no one else to blame... LOL


For the Pharmaceutical heads, anyone got in on VVUS ?

[dsot]

Does anyone here invest in the Asia market?

Or anywhere else in the world beside Canada and US?

[Ulic Qel-Droma]

Originally Posted by dsot

Does anyone here invest in the Asia market?

Or anywhere else in the world beside Canada and US?

i used to trade the TAIFEX index, but yeah...

next time im in HK im probably gonna end up opening a HK bank account and probably get into trading asian stocks... cuz they're so.... fair.

[Hehe]

Should have sold my URRE earlier. Oh well... 9% profit for less than a month.

[strykn]

Futures all Green , if tomorrow ends green then we are going to get the next leg up in this rally. glta

[NismoNX]

hey guys
would like to start up with trading

what are some sites you guys can recommend for mostly news etc.
or even books to read etc. anything to help me understand what you guys are saying + market more would be really appreciated

thanks

[iEatClams]

Originally Posted by will068

Made a quick buck from my JPM options play from yesterday.

Next plays.

Bearish Play on the RIMM earnings - September 27. I just hope they don't mention even more assets they plan to sell.

Bullish Play on Google earnings - October 10. This shit is guaranteed. I might even go big on weekly options on this one.

Great to hear people making money.

wow, bang on so far.

now, is the expected shietty results for RIM and great results for Google earnings already priced in yet? or is there still room for depreciation/appreciation in the stock prices.

[will068]

Originally Posted by azndude69

wow, bang on so far.

now, is the expected shietty results for RIM and great results for Google earnings already priced in yet? or is there still room for depreciation/appreciation in the stock prices.

The Valuation Analysis for Google is $793. But with the push that QE3 made, I'm bullish with Google up until before the November Elections. The technicals show an upward channel for Goog. The Fibonacci Retracement starting on 673 on August 13 to last Friday's close is damn near perfect. You can see the former resistance lines on 720 and 711 on Google. For a long term play though, I would wait for a dip before the end of the year (when Big Money needs to cash out to show that they earned $$$ for their funds). As I hinted in my previous post, I'm playing the earnings on this one with a short term bullish play. Reason: Positive Technical Indicators & Fundamentals. My exit strategy for my options is that if it reaches 745~750 range - I'm out.




Rimm is showing a descending triangle pattern from 8.94 to the support level @ 6.46. Rimm already indicated that a few months back to brace a rough couple of quarters. You cannot even make a valuation for rimm based on the quarterly earnings patterns it has. I believe it has some room to go down even more. Once it breaks through ~5 percent below the 6.46 level, expect the price to go down around $2.48 below $6.46 level . (8.94 - 6.46 = 2.48). Reason for me to get into my bearish play: Terrible Fundamentals and Technical indicators are on a downturn.

[Scoobysnax]

^^ well played will. Did you get out or you still holding until earnings?

[will068]

Originally Posted by Scoobysnax

^^ well played will. Did you get out or you still holding until earnings?

Thanks!

Out of goog. Still in Rimm (sold half my puts so I don't lose $$). I doubled my money already so I just got back what I invested.

I got October options on Rimm.

For Goog, I might go back to play the weekly options if there's an opening in the week of earnings (Oct 10). I may just play this in my play money account. The thing is I did not anticipate is the stock moved too fast to $750 (It was already overbought in the RSI and Stochastics). However, it's breaking new ground everyday so anything goes. As my exit price was reached, I got out. I'm very confident in the earnings for October 10 then. We'll see how it goes.

I've been closely watching appl as well. Their earnings release is only up to this date today - Sep 24. With only 5 million Iphone 5's sold, I don't think it will salvage the quarter. I expect a sideways to a bearish trend after October 15. I can't wait for the January 2013 earnings date though. I'm all in on that as always.

[Ulic Qel-Droma]

yep some of my AAPL player friends bought some SEPT PUTS.

i duno why sept. it seems a bit near. but they love playing short term volatility. in and out everyday. all in. with all profits. they turn crazy %'s. but the risk is too crazy for me. blowing out accounts in one mistake lol.

[Hehe]

I agree. I am going to find some puts options for later this year on AAPL as well.

I think the demand just isn't matching.

On Apple's website, it still shows 3~4weeks for delivery. And then they started offering option to reserve one for next day pick-up already?!? iPad3 didn't have that option until maybe 3weeks after. And the delivery time was adjusted accordingly. Something isn't feeling right to me.

Of course Apple could simply be trying to satisfied customers who wants it now and thus prioritize different segment (online vs. B&M) differently as they benefit with contract sign-ups and accessories sales. But from what I can see, if Apple plans to keep iPhone5 for a year, I am pretty confident that the price would start to decline as the market price in everything with very high bar for AAPL. Any slightly bad news would send the stock down.

[strykn]

MARKets just blew up timbbeeeeeerrrrrrr

[Geoc]

It's an odd feeling to be excited to see red...

[Ulic Qel-Droma]

yeah i made 100% on all my trades combined.

im a total bear. rawr.

short corn, soy beans, oil, cotton.

[strykn]

spain news out HOLY SPIKE!

[Ulic Qel-Droma]

AAPL puts and amazon puts should be in the money.

[lowside67]

RIMM explodin the world, up 18.5% after hours lol.

[waddy41]

ooh should not have sold yesterday =(

[Ulic Qel-Droma]

fuck my life

been building up my positions all week. was up 100%.

fucked up so bad today. never seen money disappear that fast. lost 60% of my position in 1.5 hours.

on the bright side im still up 40%. but... man. it hurts to see that much money given back.


i succumbed to greed. someone punch me in the face. fuck.

worse yet, i hit sell instead of buy, now im short multiple corn, and corn hit limit up. i cant even get out till sunday. HAHAHAHA...

FUCK MY LIFE. FUCKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKK KK



good bye guys.