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Chuck Norris 04-13-2009 11:46 AM

All I can say is wow.

I didn't think the market was going to rally that hard.

I got in on 100 ES futures at 820 last week and purchased a LOT of FAS at about $6.50

As I'm typing this I seriously can't take it anymore FAS just hit $10!

Fuck it, I'm out.

My ES I got out at 861 although I will probably wish I just held it.

Not bad for half a weeks worth of work but I am so shocked how much things have jumped up. I was expecting things to rally back down to the 600's on the index. Looks like that never happened! wow!

Carl Johnson 04-13-2009 12:10 PM

yea I can't believe I am saying this but FAS has surpassed FAZ thats how crazy this rally has being like. on a side note GS better deliver some super solid earnings tomorrow because the market has high expectation for it.

Chuck Norris 04-13-2009 12:15 PM

I never try and predict the market because that goes against the nature of my trading philosophy however I'm torn between a pullback and another rally.

My money is on the pullback. Lets hope it's correct! :confused:

Carl Johnson 04-13-2009 01:13 PM

http://www.bloomberg.com/apps/news?p...WeU&refer=home

earning $1.81 billion, $3.39 a share, raise $5 billion capital to repay TARP

SiRV 04-13-2009 03:14 PM

in the last 2 weeks.. I regained all that I lost in the 8 months with BAC and C lol.. newbie luck?

Chuck Norris 04-13-2009 07:48 PM

Quote:

Originally Posted by SiR_vfung (Post 6377960)
in the last 2 weeks.. I regained all that I lost in the 8 months with BAC and C lol.. newbie luck?

Probably.

1.7El_guy 04-13-2009 07:49 PM

i positioned myself for a rally!...gogogo financials..WFC/BAC lead thursday, GS lead monday, C will lead tuesdays!!

TRDood 04-13-2009 09:31 PM

im still stuck with faz. fuck. if i can get my money back, i will never touch ETFs ever again.

Carl Johnson 04-13-2009 09:44 PM

Quote:

Originally Posted by SiR_vfung (Post 6377960)
in the last 2 weeks.. I regained all that I lost in the 8 months with BAC and C lol.. newbie luck?

you are pretty damn lucky i guess if it weren't for the government those 2 stocks would've went to zero a month ago

Jackwimmer 04-13-2009 11:09 PM

well probably citigroup carl
i think lewis wanted out of the MERRIL deal, but when the gov't offered 100BILLION, i guess he had no choice?
i kinda feel like he was forced to do it
regardless, bac will be a powerhouse in the future

StaxBundlez 04-14-2009 09:05 AM

AIG performed beautifully at the open

UBS also set to wax another 10,000 jobs worldwide

Chuck Norris 04-14-2009 11:39 AM

Well my post yesterday was pretty accurate. 10,000 fas and managed to squeeze almost $2.

I have no idea what's going on tomorrow though. I think I'm going to be on the sidelines until I can figure out what's going on.

1.7El_guy 04-14-2009 01:19 PM

C did pretty good today but gave back all its gain after obama went on the air

CPI report tomorrow so we'll just have to see.

wouwou 04-14-2009 01:23 PM

Quote:

Originally Posted by 1.7El_guy (Post 6379485)
C did pretty good today but gave back all its gain after obama went on the air

CPI report tomorrow so we'll just have to see.

we just need to see how bad it is :D

God I love Canadian money

Carl Johnson 04-14-2009 06:01 PM

obama should just keep his mouth shut lol

chun 04-15-2009 07:51 AM

Which way will these banks swing! lol

Carl Johnson 04-15-2009 12:05 PM

well apparently up despite bad economic news

shorts are covering last hour

1.7El_guy 04-15-2009 02:13 PM

anyone see a downward spiral of the market soon? maybe after the earnings?

chun 04-16-2009 10:16 AM

OMG IQW :(

wouwou 04-16-2009 11:30 AM

holy crap this market is like that Russian rubber who got tied up and fed Viagra for 3 days, and getting raped at the same duration.

It just doesnt want to go down

VersaceStyle 04-16-2009 12:14 PM

HATHOR EXPLORATIONS
 
Quote:

Speculation Post - are only allowed in Stock Market Thread
Has anyone heard of this company? Recently i have started to invest in stocks and have been very interested in this specific one. I think it has a lot of potential uranium. I'm posting here because i want to know if anyone else is also an investor and may want to discuss or share information. As well as potential investors who may want to invest as well. At the moment i am holding over 10,000 shares and feel confident that this stock will not let me down. Any questions, comments or information you may know is valuable.

http://www.hathor.ca/s/Home.asp

Overview
Hathor Exploration Ltd. is a junior uranium company focused on exploration projects in the Athabasca Basin of Northern Saskatchewan, Canada. To date, the Athabasca Basin is the only location in the world that hosts high grade uranium deposits. Hathor's main exploration properties are located in the eastern side of the Athabasca Basin along the same geological terrain that hosts all of Canada's currently producing uranium mines and accounts for 23% of global production.

Hathor is currently advancing its Midwest Northeast Project which represents the best discovery in the past 20 years by a junior uranium company. Early entry into the Athabasca Basin has allowed Hathor to acquire a large and strategic land package in close proximity to the producing properties of Cameco and AREVA.

Hathor's goal is world-class uranium discoveries; Hathor's target is the Athabasca Basin.


http://www.vantagewire.com/quotes/viewquote/HAT:CA < I usually use this to check current markets, it's free to register. I suggest others to register as well for REAL TIME quotes. I find it very useful.

Gt-R R34 04-16-2009 04:16 PM

FYI - i'm not really fond of these type of post. They are a hard sell on a company. IF you look previously to above post, they are more day trading post which is far more intune with this particular forum/thread.

If you really want to post these type of post - Please go to stock-P&D forums.


I also play pennies, but don't need these type of companies selling threads.

TRDood 04-16-2009 09:14 PM

Quote:

Originally Posted by wouwou (Post 6382503)
holy crap this market is like that Russian rubber who got tied up and fed Viagra for 3 days, and getting raped at the same duration.

It just doesnt want to go down

this viagra is costing me a lot of money.

i know C is going to have some above estimates earnings tomorrow, or even make a positive profit... fuck FASB!

i can see FAZ going down 40% just like last thursday.

Feint* 04-17-2009 08:38 AM

Quote:

Originally Posted by Gt-R R34 (Post 6382902)
FYI - i'm not really fond of these type of post. They are a hard sell on a company. IF you look previously to above post, they are more day trading post which is far more intune with this particular forum/thread.

If you really want to post these type of post - Please go to stock-P&D forums.


I also play pennies, but don't need these type of companies selling threads.

ROFL pwned. Nice job R34.

Yeah those posts are way too pushy - sounds like the guy work for Vantagewire *hint hint

Guys who post on this thread are mostly daytraders - maybe Versacestyle should go back to Stockhouse eh : )

wouwou 04-17-2009 10:14 AM

So I finally put most of the projects on auto pilot and has time to read chartz again.

Just built a small FAZ position, and I am betting on the stress test result next week :D


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