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07-18-2008, 06:58 AM
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#1051 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
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Originally Posted by McDick  Seriously.. I don't think FED will going to ban naked shorts. Especially "banning" naked shorts to ONLY Fannie Mae, Freddie Mac, Lehman Brothers, Merrill Lynch, Morgan Stanley, and Goldman Sachs!
What happened to other companies like Washington Mutual, Capital One Financial, JP Morgan, Citi, and others????
They will just open a big can of worms.
They are saying this because they want to stabilized the temporary shorting of Freddie and Fannie earlier this week. | I somehow figured that too, although I did not expect it to say the opposite after 2 days.
Good job at restoring investor confidence SEC 
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
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07-18-2008, 07:41 AM
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#1052 | | Where's my RS Christmas Lobster?!
Join Date: Apr 2006 Location: Richmond
Posts: 862
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I am glad that Gold bounce back from $952 earlier this morning.
GG did pretty good, at least I expected a down day for GG. That kept my winning streak going.
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07-18-2008, 08:37 AM
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#1053 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
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I am not gonna trade anything today, just to keep my streak too 
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
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07-18-2008, 01:48 PM
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#1054 | | I keep RS good
Join Date: May 2001 Location: Cosmos
Posts: 28,720
Thanked 5,581 Times in 1,516 Posts
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man, after reading and doing some research, margin accounts are the only way to go.
i love the danger associated with it. playing on the edge is awsome.
i gotta do a little more homework before i open a margin account for forex and commodities.
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07-18-2008, 02:18 PM
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#1055 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
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Originally Posted by Ulic Qel-Droma man, after reading and doing some research, margin accounts are the only way to go.
i love the danger associated with it. playing on the edge is awsome.
i gotta do a little more homework before i open a margin account for forex and commodities. | forex and commodities got nothing on OPTIONS
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
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07-18-2008, 03:22 PM
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#1056 | | Where's my RS Christmas Lobster?!
Join Date: Jul 2001 Location: vancouver
Posts: 879
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is anyone keeping up with SIRI? It seems a merger with XM is FINALLY going to happen and as such it's been having a pretty nice climb from it's low of 1.83. I got in at 2.10, hoping it's gonna fly.
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07-18-2008, 03:28 PM
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#1057 | | Where's my RS Christmas Lobster?!
Join Date: Apr 2006 Location: Richmond
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Originally Posted by popnGEAR is anyone keeping up with SIRI? It seems a merger with XM is FINALLY going to happen and as such it's been having a pretty nice climb from it's low of 1.83. I got in at 2.10, hoping it's gonna fly. | The merger rumor has been around since early 2007. I hope it will happen so I can finally buy a satallite radio which has ALL the XM and Sirius channels in one.
Last edited by McDick; 07-18-2008 at 03:28 PM.
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07-21-2008, 02:45 PM
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#1058 | | Wunder? Wonder?? Wander???
Join Date: Jul 2002 Location: Vancouver
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looks like another blood bath for the longs tomorrow.. Hope no one holds AAPL through earnings today  Looks like Tech is the next to sell off with 3 huge disappoints from GOOG, MSFT, AAPL..
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Boo
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07-21-2008, 03:47 PM
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#1059 | | Where's my RS Christmas Lobster?!
Join Date: Apr 2006 Location: Richmond
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^
Yea.. gonna get some Apple very shortly. Usually Apple sells off in July-August timeframe and rebound nicely during September-December timeframe.
Bad earning by American Express... they will drag down Mastercard and Visa too.
Good thing I took my profit last week when it hits $290.
Last edited by McDick; 07-21-2008 at 03:48 PM.
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07-21-2008, 04:00 PM
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#1060 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
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Originally Posted by McDick ^
Yea.. gonna get some Apple very shortly. Usually Apple sells off in July-August timeframe and rebound nicely during September-December timeframe.
Bad earning by American Express... they will drag down Mastercard and Visa too.
Good thing I took my profit last week when it hits $290. | My take on AAPL is, dont move unless Jobs's health condition is clear. If there is one company that needs its leader bad, it's AAPL.
A rumor of him being sick can sink AAPL by 10%.
I might pick something up at 140 give or take, and yes, I am greedy. . In all fairness, AAPL did great the past quarter, the next quarter is just gonna get better with Iphone added to the mix (older gen Iphone sold out shortly into the past quarter. Performance driven by Mac and Ipod). AAPL is known for conservative outlooks, so I am not too concerned with it.
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
Last edited by wouwou; 07-21-2008 at 04:08 PM.
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07-21-2008, 06:42 PM
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#1061 | | I answer every Emotion with an emoticon
Join Date: May 2002 Location: pc
Posts: 7,554
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Originally Posted by Ulic Qel-Droma man, after reading and doing some research, margin accounts are the only way to go.
i love the danger associated with it. playing on the edge is awsome.
i gotta do a little more homework before i open a margin account for forex and commodities. | You're crazy man. lol good luck.
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07-21-2008, 06:45 PM
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#1062 | | Tech Mod
Join Date: Nov 2001 Location: Surrey
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Originally Posted by redliine You're crazy man. lol good luck. | +1
as a sidenote... etrade announces its q2 earnings tomorrow, for anybody that cares
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2000 Acura 1.6 EL (showcar) :: retired
2003.5 BMW M3 :: sold | |
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07-21-2008, 07:24 PM
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#1063 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
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Originally Posted by redliine You're crazy man. lol good luck. | It's Ulic.
He will be crazy if he DOES NOT do stuff like that
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
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07-21-2008, 08:16 PM
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#1064 | | I keep RS good
Join Date: May 2001 Location: Cosmos
Posts: 28,720
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haha, well i've been studying with a commodities broker and forex broker for the past month or so.
today i finally decided to dip my toes in the water...
i made 800USD trading crude oil and nasdaq.... of course with play money 
i'm pretty sure in a few more weeks of doing this I'll put down real money.
of course, i coulda easily lost just as much. we'll just have to see how well my method works, and how much discipline i have.
how long did u guys play the markets with fake money until you used real money?
i'm trying not to use real money till im confident in my method. i figure if i have one doubt about my method, i'm just gonna end up gambling instead of "trading"
Last edited by Ulic Qel-Droma; 07-21-2008 at 08:21 PM.
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07-21-2008, 09:05 PM
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#1065 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
Thanked 160 Times in 74 Posts
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Originally Posted by Ulic Qel-Droma haha, well i've been studying with a commodities broker and forex broker for the past month or so.
today i finally decided to dip my toes in the water...
i made 800USD trading crude oil and nasdaq.... of course with play money
i'm pretty sure in a few more weeks of doing this I'll put down real money.
of course, i coulda easily lost just as much. we'll just have to see how well my method works, and how much discipline i have.
how long did u guys play the markets with fake money until you used real money?
i'm trying not to use real money till im confident in my method. i figure if i have one doubt about my method, i'm just gonna end up gambling instead of "trading" | Ok, let's get one thing clear: it will ALWAYS be gambling with future in present day. Future is no longer a risk hedging tool, but a speculative tool. Even with the best method you can find, you will only increase the chance of you being right and if some crazy asshole with deep enough pocket decides to go the other way, puff you do.
Write down a REALISTIC range of win/loss that you are comfortable (we all want to fuck 20 times in 1 night, but come on) with and stick to it like your dick depends on it, and don't let your greed get to you, bet on what you are 90% sure of.
Best of luck man
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
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07-21-2008, 10:00 PM
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#1066 | | I answer every Emotion with an emoticon
Join Date: May 2002 Location: pc
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^ haha very good post.
Ulic, I got very lucky when I started out but I ended up losing a lot after getting my feet wet. Now I am the comeback kid lol. I would paper trade for a least another month or more. I know you are hungry but don't get too excited because your emotions will get the best of you. You have your whole life to trade so it's best you learn/ practice as much as you can before taking the leap and potentially losing your important capital.
You don't want to pay the markets too much tuition.
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07-22-2008, 01:08 PM
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#1067 | | Banned By Establishment
Join Date: Jun 2006 Location: Shaugnessy
Posts: 2,610
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Who would you recommend setting up a margin account with? I would like to take advantage of investment opportunities with BAC
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07-23-2008, 06:19 PM
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#1068 | | i like gifs
Join Date: Dec 2001 Location: imgur
Posts: 27,179
Thanked 7,785 Times in 2,695 Posts
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Originally Posted by wouwou I sold at 287 because my boss just called for a conference XD, still pretty good.
Got in GG for 45.01 @ for another 50%, with stop at 41.5 till tomorrow in case I cant get up.
I have absolutely no faith in GOOG right now so I didn't even touch the options table. Econ downturn has been happening for 6 months and it should reach GOOD by now. If it turns out to be good, then it means I am gonna stay up AGAIN for C and another shot at FNM tomorrow.
Curiously, Dimon's word of cautions is completely ignored and JPM is trying to break through 40, FNM trying for 12 but fell back to 10.8 without any underlying improvement. I believe the market is due for an adjustment from the short covering and speculation soon.
My portfolio leans towards crappy performance/pull back, but I am hoping for good news.
I am browsing futureshop.ca now and sipping on a bottle of delicious OJ | I have an extra $5000
Want to help me turn it into a shopping spree?  | |
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07-23-2008, 06:32 PM
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#1069 | | I answer every Emotion with an emoticon
Join Date: May 2002 Location: pc
Posts: 7,554
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Penny players..
HTOG up 42% today.. bought at .0081 last week.. broke a penny today.. next resistance probably .014. Stay tuned.
Also grabbed some MEDP at .012.
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07-23-2008, 06:36 PM
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#1070 | | I keep RS good
Join Date: May 2001 Location: Cosmos
Posts: 28,720
Thanked 5,581 Times in 1,516 Posts
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| Quote:
Originally Posted by wouwou Ok, let's get one thing clear: it will ALWAYS be gambling with future in present day. Future is no longer a risk hedging tool, but a speculative tool. Even with the best method you can find, you will only increase the chance of you being right and if some crazy asshole with deep enough pocket decides to go the other way, puff you do.
Write down a REALISTIC range of win/loss that you are comfortable (we all want to fuck 20 times in 1 night, but come on) with and stick to it like your dick depends on it, and don't let your greed get to you, bet on what you are 90% sure of.
Best of luck man | yeah man of course, i have a daily target range that is reasonable.
ok, a lotta people have been telling me some dude with deep pockets can make the market swing the other way, but if that's true, why doesnt the middle east control the oil markets then?
like drive the prices straight the fuck up into space. they have trillions of dollars, why can't they just corner the oil market? i'm sure they have enough money to.
like those dudes in the 70's from texas, forgot their names. them and some arabs and a buncha other rich dudes cornered the silver market.
Last edited by Ulic Qel-Droma; 07-23-2008 at 06:39 PM.
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07-23-2008, 06:38 PM
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#1071 | | I answer every Emotion with an emoticon
Join Date: May 2002 Location: pc
Posts: 7,554
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Some good things happening with the chart.
Is it photobucket that turns images to crap or what? 
picasaweb.. 
Any better?
Last edited by bossxx; 07-23-2008 at 07:56 PM.
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07-23-2008, 07:23 PM
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#1072 | | I keep RS good
Join Date: May 2001 Location: Cosmos
Posts: 28,720
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try google's picsa... i think you can link off site with picsa. you know it's gotta be better cuz it's google.
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07-23-2008, 07:42 PM
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#1073 | | I answer every Emotion with an emoticon
Join Date: May 2002 Location: pc
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I copied the pic and pasted in paint and then I drew some shit on there (Trendlines and such) and then I saved it and uploaded it to photobucket.
I dl'd that picasa thing from google but it's just a photo editor?? I dunno I don't care lol
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07-23-2008, 07:51 PM
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#1074 | | I keep RS good
Join Date: May 2001 Location: Cosmos
Posts: 28,720
Thanked 5,581 Times in 1,516 Posts
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| Quote:
Originally Posted by redliine I copied the pic and pasted in paint and then I drew some shit on there (Trendlines and such) and then I saved it and uploaded it to photobucket.
I dl'd that picasa thing from google but it's just a photo editor?? I dunno I don't care lol | wrong one picasaweb.google.com/ that one.. haha. | |
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07-23-2008, 07:57 PM
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#1075 | | I answer every Emotion with an emoticon
Join Date: May 2002 Location: pc
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lol ok i did. see my first post. fuckin looks the same.
edit: it was a lot nicer tho (the site) and faster uploading. bye bye crappybucket.
Thanks man
Last edited by bossxx; 07-23-2008 at 08:00 PM.
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