Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Someone is going heaving in DIA JAN Puts: (.DIJMR)
233 @ .85.
Jan = plenty of time to drop, IMO.
Bought some DIA ($70) puts - Jan @ .66
.DIJMR
Going in easy because I'm still a bit bullish. There's definitely need to worry about the markets so there's my insurance. Hehehe
Still my favorite stock!
Seeing this as of today:
BARCLAYS GLOBAL INVE... 6/30/2009 56,027,881 66,802 0.12% $6,664,516
VANGUARD GROUP INC 6/30/2009 46,182,713 868,204 1.92% $5,493,434
NORTHERN TRUST CORP 6/30/2009 19,657,787 1,008,622 5.41% $2,338,294
JANUS CAPITAL MANAGE... 6/30/2009 13,738,218 391,559 2.93% $1,634,161
MARSICO CAPITAL MANA... 6/30/2009 9,627,919 3,957,855 69.80% $1,145,241
I've heard others say the same thing. But you think the DOW will drop below 6500? I'm just curious why.
I only wish IBM would have remained under $100 a bit longer.
AIG is a monster right now. They divided their OS by 20 with a r/s so it'll move super fast for now.
I wonder how much they are selling on the way up?
To me, they have plenty of room to sell now and keep the cash flow going for years. I've been out of the options plays for a while since I'm not smart enough to trade them in this environment. But if I were, I think my bet would be that AIG will continue going up with pull backs here and there while they sell to get cash on hand.
Fins drop 2 months from now? AIG says, "we have cash." And they keep growing. IMO, of course.
I saw that. But that opens a lot of questions. If they are short real estate, then why would they drop like that during the down turn of the real estate market? I'd have thought that they'd shoot up.
URE dropped, as I'd expect, during the real estate drop.
Unless the real estate market is growing more than I could tell from the market updates in the media?
On it. Thanks.
I see your point. I have an REIT IDX in my retirement through my company and I wanted a way to track the trends in real estate. I just know that it's dropped significantly the last 2 years and it's been moving up the last 2 months to the tune of about 20%.
I'm thinking of going in heavy now and letting it sit for a few years. Note this is long term and not options. Thanks for the direction.
Thanks Jimmy and Veritas. I'm thinking of holding long on real estate. Seems we may be about as low as it is going to get, housing-wise. A good place to park cash for a few years, at least.
Good morning. Can anyone help me with finding the symbol for a realestate index fund to track?
Opinions if we hit bottom for realestate yet? Have to be close, eh?
Nice! I'm ready to see the OS drop a bit more from buy backs as well.
It's got to correct. RSI still over 70 which is huge but it's pointing down. I don't own calls or puts but I own the stock and sold a lot of it when it beat 115. It may be ready to drop, IMO.
IBM over $110. $20 to go to hit the last 52 week high of $130. And the DOW isn't even over 9k yet.
Once the DOW get's rolling again, I wonder if IBM turns into a $200 stock? Yeah, wishful thinking here. Let's see how the stock buy backs shape up first.
IBM over $110!
FWIW, IBM's high was $130 when the DOW was 14k. IMO, IBM beats the 52 week high before the DOW hits 12k.
Still haven't bought any options though. I'm not smart enough to play this market day by day. LOL!
Are you serious? Rufus still posts also?
IBM broke 108 today. Going for 110!
FWIW, They are buying back another 3 billion dollars in shares.
Wow. Finally. Any supporters on secret Rufus boards still around? What about ole' h20md? He was kinda a spiritual leader to many over there whom thought his judgement for a man's credibility was inferior to none.
IBM over $110 by end of week, IMO!
That's a hell of a recovery from it's lows of $68 or close.
This rally should take it over $130 this time. At least, that's what I'm hoping with the buy back.
I should have included the link. That was the headline on yahoo's finance page. They seem to think every facet of world events is somehow tied to market performance.
LOL!
IBM's revenue is HUGE. Cash is growing. They're buying back 3 billion in stock. But NK is testing ammunitions. Better sell IBM!
"World markets shaken by NKorea's missile tests"
So there's a bunch of people pulling money out of the market because some gargoyle is testing missles and nuclear technology that we knew he had for several years?
Investors must be like cats. Jumping at everything. LOL!
You guys were right on with the market collapse. What are your thoughts about the market today? Did we bottom out in the low 7k's? I value your opinion far more than the talking heads in the mainstream. LOL!
IBM made a new high today. I only own the stock today. Keep an eye on it.
Loving IBM. I bought stock to hold a few months ago in the $70's. I can't wait until the announcement of a buy back. I don't know that's going to happen but it would make sense. They've done it twice in the last 3 years or close.
I'm interested in watching the market as a whole now days. How bout that S&P?
LOL! I never trust a poster who doesn't speak of bad trades and vent occasionally. Hehehe
It makes the good ones all that much better. I'm still sitting out except for my 94 DIA calls that expire next week. I only bought 10 contracts for less than $100. I'm not smart enough to trade this market so those were a test to see what the market might do.
I've slowed down my buying of IBM since it is over $100 now. Buying that in stock for long term. I loved it in the $70's.
I can fix that. I'll just load up heavy on some DIA puts in the high $70's range. DOW would reach 9k in very short order.
Anyone know if Rufus is still posting and spreading lies? Are there still folks that believe his unending line of B.S.?
Holy crap. I just looked outside and it's snowing at my house just north of Atlanta! In April! That global warming is really heating up.
I was holding my breath waiting for him to cash those Treasury notes he lied about. Weren't they supposed to be (2) 1 billion dollar notes? I've forgotten what denominations it was he asked Alana to help him deposit. LOL!
I wouldn't need help. My bank would deposit them for me and kiss my ass at the same time for the business. Goldman Sachs would have taken that business and fly Rufus around NY in a helicopter.
I was a McCain supporter and shocked that Obama won. Looking at it now, maybe that was a good thing we needed to usher in a new party and losen the restrictions on getting on state ballots.
The GOP learned a scathing lesson this go around.
Now my hope is that we can get through these 4 years without too many more gun laws added. I'm not optimistic though.
2 wrongs don't make a right. But one wrong is the lessor of the two. McCain wouldn't have spent us into bk the way Obama is doing now.
8 out of 9 of these patients are drug users. How are they not in jail? Can I just tell the hospital I'm a homeless drug user and get free care? How bout that guy that get's a felony drug charge for carrying an ounce of pot? Can he get out of it if he tells the cop he's on the way to the emergency room for care? LOL! Here's what socialized medicine will give us... as if it's not already in place.
http://news.yahoo.com/s/ap/20090402/ap_on_re_us/frequent_er_patients
People charged with drug felonies should be ultra pissed off after reading this.
Who cares? A teen not following the rules? That's weird. LOL!
Hey, the ladies were lucky they were just photoshopped and not beheaded like many Muslims enjoy practicing.
I'm pretty sure the story and picture is a fake though. Israel has a woman leading the state, for god's sake.
In fact, I wouldn't be surprised if some Allah follower pumped the story to take the world's eyes off the epidemic of Islam.
No. More of an Agnostic. I think all religions should be removed from the face of this earth, frankly. And never should religion dictate law.
I also see that the ACLU, UN and random fringe leftwingers are hypocrites to bash one religion yet over look others. For example, I haven't seen the ACLU deal with issues of tax dollars being spent for Muslim interests yet they wet their beds every time Christians want to erect a monument on public grounds.
Interestingly enough, the Satan myth never kills anyone. It always seems to be the God's that like to slaughter people. Yet Satan is supposed to be the bad guy.
Bias religion practictioners are just as looney as bias political junkies.
You must absolutely hate those facist Muslims then, eh?
Puts or Calls?
DIA April calls are taking a lot of volume today. Looks like some folks expect the DOW to beat 9.5K by April's expiration.
What could be worse than what we just went through with the bank bailouts? LOL!
Banks are starting to give that money back now. Manufacturing is doing better than expected. Homes are moving again. The market likes unemployment because it means better profitability.
IMO, we hit the bottom in the 6k's. Not saying we won't go back there but I'm not sure we'll see that low again for a while.
I'm usually wrong though! Hehehe
Believe it. Consider that the market is 6 months in front of what the projection is for the economy. As long as people PR that the recession is ending this year, it's going up, IMO.
M2M? Not sure what that is.
I'm just stoked IBM's over $100!