Yes I know! The bum has been saying to buy SIRI because the merger was way overdue. He even had a stupid calander showing how many days overdue the merger was. Then on the day the merger happened he said not to buy the common stock because the common stock was going to take a beating.
Been holding pretty steady since then, IMO.
Did Cramer say not to buy SIRI? Wow, he's been saying to buy SIRI since last year. LOL
You just had to know that if Cramer said to not buy SIRI, we all need to take a serious look at picking up a few. That's the great thing about options, you can leverage yourself into a position while minimizing your risk in the case such as SIRI.
Nice find MT.....
Citi: Sirius XM Is “Massively Undervalued”
ps. sorry about that video link, scroll down a bit and you'll find the right one, seems like they all link to the first video.
NEW ETFs: I'm working on getting these into the iBox
This site is pretty neat, they have a "whole world" ETF and a "whole United States Market" ETF. Check em' out.
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That's a great rule! Better to be diversified. This year I have mostly bought options. But I am evolving to where I see having stocks and options would have been a better strategy. It's just so hard to track more than two or three options during the trading day and the use of stop losses don't seem to work like I have wanted.
More to be revealed I guess.
awesome, I'm really glad your with me on this one, maybe with a dip we can grab some at a penny. I don't want to spend any more than five hundred dollars, that is my new rule, lol
at least we will have about six months for it to work :)
I'm with you on this one MT. As a matter of fact I put in an order for 125 JAN09 $65/CALLS for $0.03. This was the last price they sold at and I see the daily chart is shaping up for a possible cup-n-handle with a $54 target on the short term. This looks like a nice long term play for us.
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actually, come to think of it, I have a USD.CAD position, last time I checked it was up about $500. I use Interactive Brokers for stocks, bonds, futures, options, and forex. It's very easy when everything is all in one place. But mostly I use a corresponding ETF in place of actual forex trading.
Watch these IB commercials if you'd like:
I sure do! I think I heard something where the Bank of England was going to lower interest rates. Wouldn't that help the dollar also? I have been really itching to get into the Forex Markets. Do you trade currencies? If so, which broker do you use? I have ETrade and can create another account with them for there Global markets but forex.com is really easy to trade with.
Not sure yet what I will do. Any suggestions?
Good news for my Sep $3/CALLS! Thanks MT for the news.....
WOO HOO! QQQQ $48.28 !!!!!
I CALLED THE MARKET THREE WEEKS AGO LOL SUCKERS. BACK IN BUSINESS BABY.
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