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Friday, September 19
One hour to go
Calmness, neutral to overbought
Posted by TK at 2:59 PM
Afternoon observation
Still overbought and need to correct.
Posted by TK at 1:25 PM
Mid day observation
Testing the high of the day, my short term indicator is now overbought. Let's see
Posted by TK at 12:03 PM
Morning observation
The smoke has not settled yet, Indicator overbought but not very overbought. Stay calm
Posted by TK at 10:29 AM
Pre opening remarks
Huge emotional morning, I will not react I will watch and wait for some of the smoke to clear. My indicator is neutral to overbought but this action for sure will take it to an extreme overbought condition. Talk to you later
Posted by TK at 9:01 AM
Goverment tilts the game in their favor
First, a year ago they make it easy to short by eliminating the plus tick rule. Then they had NO oversight as this problem developed. Now that they have bought or at least backed a number of financial companies they have changed the RULES in THEIR FAVOR by banning shorts all together for 2 weeks.
O U T R A G E ----O U T R A G E ----O U T R A G E ----O U T R A GE
.
Who couldn't win, if they could change the rules of the game when ever they want. Is this America or a Dictatorship?
.
.
Posted by TK at 5:31 AM
I should have listened to you man... but then again everyone has been a winner over the past 24 hours. I hate the Government... This is not a free market!
How do you know? What is the reason?
Looking like a good idea Frenchee. What do you think would be a good entry point?
You can call me Raider....
Now that we have that established.... What is the 100% pick? I am a WallStreetVulture today!
Long Live The Hand! Long Live Mtrewulf!
Yeah I sold about 1 minute before that JP Morgan buyout crap. It's OK though, it looks like it found it's way back down so overall it was a good sell. Now I just need to make 2,500 bucks and I will be back in the green. I don't think I want to buy back in and hold over the weekend but I guess that will be good luck for you...LOL!
Yeah I am still in it... I will hold and hope for the best. Good thing I didn't buy more of it though.
LOL! I just might buy some more actually so you are warned....
It's official...
I added WM.... The Hand told me I was bad luck though so watch out WM shareholders!
What do you guys think about WM at this 3.35 Level?
What did you buy it at?
TSL on an invisible hand recommendation. 30.63 to 32.80. I just got stopped out!
Would you guys buy FRE at these levels?
What do you have your bid in at? How much are you gonna buy?
Do you think it will come down a little before the close on Monday or is it gonna keep climbing until then?
Damn I should have got some TSL two days ago. I guess it is not too late!
Would you buy?
I should have listened to you man.... damn!
Good thing I was stuck in the headlights...
Not playing with you. All the news just has me so confused and stuck in the headlights.
Thanks Drfeelgood. But how can you be so sure?
So what does that mean exactly?
Would you buy here or would you wait?
What's a good entry point?
I am starting to believe you guys know what you are talking about. What is the next trade?
Looks like we are heading lower. We have the double top in the day chart.
Looks like we are heading lower in Washington Mutual. We have the double top in the day chart.
I am thinking about putting all my eggs in Washington Mutual right now. It is at $3.94. What do you guys think? Do you think it will go down further throughout today and tomorrow?
I heard this was a great board. Let's make some money please!