how bad can the economy go? I think we are really near the bottom. Just waiting for GM to go bankrupt.

^Well if GM goes puff, the shorts will have a field day so I say the bottom will be 6800 if that

otherwise we are pretty close. I am actually surprised that today dropped 250+

did anyone catch Obama's speech today?
i watched it today, and i think he is one hell of a public speaker

link to the speech please.
whoever that said getting in FAZ @ 75 must be crying right now

wow... easy profit on SKF and FAZ... good 10% gain in less than 40 minutes

fuck I am so busy with work I cant even log into Questrade without it timing out me

DAMN IT MISSED PROFITSSSSSSSS!!

load up SKF at $151 in the morning.
Looking for a bounce since bank stocks has been up 2 days in a row.

lol fuck I thought I was safe with abx @42

Guess NOT, full time work and day trading doesnt mix at all

^^ tell me about it, you miss way too many good chances while you are in meetings... Why didnt you sell ABX when gold hit resistance of 1000!?

If you have to work then you're better off trading the day charts with predetermined entry exit points.

Wanted to, I meant to sell when they were 48 on Monday maybe? But work has been crazy for the past 3 days.

I literally didnt have time for shit.
:cry:

true, unfortunately,

TSX doesnt take stop orders, at least from Questrade.

for FAZ/FAS, their stop need to be constantly monitored or it will be eaten up in 5 minutes of wild swing.

Oh well, now I am back, and at at good time too.

Sold at $175 this morning.. I love this market..
Good 17% gains in 24 hours.

how is everybody doing in the market?!?
I can't believe Dow is going down every single day. But I do expect some kind of a bear-market rally this week.

Made a lot of money from trading SKF and FAZ over the past week.
Do anyone knows any BULL ETF that will go up as the Dow go up?!?

ah just load up on FAS if you dont know how others behave. FAS is the exact opposite of FAZ, with maybe 1% less moving average on a typical day.

and holy crap look at 6800 lol

haha, I thought you said 6800 for TSX, scared me

well there is nothing stopping it from the free fall

;)

FUCK

the market is a cruel place. i like it.

can anyone tell me if the drop of AIG has affected the stock market like this?

AIG's stock don't move the market anymore, but their Q4 losses were pretty damn massive though. The US taxpayers are sick of this never-ending bailout for Wall street now.

But If Dow goes to 6500 or below I am buying lol

God this is so boring holding cash on the side. I am actually going to watch porn on a Thursday morning, sadness

i gambled on LVS at 1.94...hope it does well at midday so i can sell it...too volatile but better than going to the casino lol

any reasons LVS over MGM? these two stock are almost at the same price now and MGM has came down hard this week.

anyways 6500 not to far away now, ready to pull the trigger anytime now

mgm came down hard because it is up to its neck with debt (they might default on debt) and they halt one of their projects on the las vegas strip

lvs has a new casino opening in may...and to prevent themselves from defaulting on their debt, they're selling two shopping malls in macao (hey at least they're trying to get out of debt)

Also i watched LVS a couple days now and it reached new lows today so since this stock is so volatile, im hoping for a pop. MGM is just plain failing.

FAS is under 3 now..wow...C was under $1...wonder how the mark-to-market news will help the financials, they just have to get past tomorrow's umemployment results.

i want to shoot myself for being greedy for FAS. it seems like there is no positive news in the market anymore, other than waiting for more shit to fail or degrade. even stimulus packages are driving share prices down...

and what's with China dangling the market for the past 2 days.. they are trying to fuck US over?