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risk is being taken off the table. This is a risk play.
I'm looking for 4.85 here.
note still looking for something in the $10 range not sure if we will get it... but I'd be a lot more interested at those levels.
shouldn't gold be going up today? If it was this flight towards safety, and not overbought I'd expect to see this up a few percent...
I think people really look at this and question themselves if this really is a hedge...
That could really hurt things here.
eHealth Raised To Mkt Perform From Mkt Underperform By JMP Securities >EHTH
might be smart to start to nibble here... With the premiss that this could continue to go down from here.
We have to go back to early 2009 for support. 18-19 we should see some resistance. if we don't hold these levels... and then support should be at 17 dollars...
ha I hear ya.
What are you looking for this to do? Are you cutting back your positions today or do you still think we have more to fall? and if so how much more?
Ha I wish I had your allocation right about now.. Nice!
broke the 60 point. looking closer... looking back in the chart it hit around 56.50
if that doesn't hold 52 ish and then look for 48...
who knows. it has gotten hit hard.. I think it will at some point be hit too hard... when that is I don't know... I still kinda wonder if this tax will even happen...
I'm just sitting here watching trying to figure out where the bottom is
Germany's Merkel Says Euro is in Danger
http://www.cnbc.com/id/37227144
This coupled with the ban on short selling is going to make a lot of people wondering if things are much worse than we thought...
another down 4% or so down so far on the open of europe... man this thing wants to go low...
I hear ya. right now it looks like the market is fearful of financials...
Once financial reg gets through the pipe line and germany stops doing stupid things... we could move up in financials.. although if things go wrong everything could crumble upon itself.
Ha I should have been trading this rather than FAS today.. I made money but man it would have been easier to have gone with the grain today...
oh well.
If the dollar continues the strength tmr we could see more of a sell off here.
And right before bear sterns crashed wasn't the first time he said to buy bear sterns... what's your point?
ha yeah I did the same and got the same response. I don't think there are enough mac users to make them want to fix this issue.
You know with the amount people have started to use Apples you'd think the financial industry would be more accepting towards it... ha, but it's not..
I have to use my old crappy dell to do use my scottrade elite as they don't think it's necessary to make a version for apple users.
Looks like I'm not the only one...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50301313
Edit it only happens if you are searching within a post.
what do you mean? I know you can search like the board for posts, but i'm talking about within posts..
RE: "there is a search function that allows you to search allow of the posts on a particular site, e.g., Second Coming of Apple?"
Do you use firefox?
thanks
Can someone do me a favor. I'm trying to find out why I can't get my find function to work while in a post.
Can an apple user press command F on this post and let me know what happens. Does it take you to your favorite board, is there a way to fix this.
tia
Can someone do me a favor if you have an apple.. Press command F. what happens?
I can not get my find function to work while reading posts. it goes to my favorite board.. I was wondering if anyone else had this issue. tia
ha, yeah, I don't play for the long run.. I normally trade 1,000 shares looking for for about 250 dollar gain ie swings of .25-.26 cent swings.
I'm normally in and out pretty quickly
but I'd like to see this go higher.
Technicals on the daily and weekly chart look pretty good here imho.. I just don't have the guts to stay in for that long haha
Let me ask you what happened when we had our bail out aka Tarp. If you go back to that time period many people were saying the exact same thing... it doesn't solve the issues. ect ect ect.
simple fact is that when the govt steps in and says we are going to stop this from failing they can do that for a period of time... likely 3 years for this case in europe.
What hedge fund is going to go in and attack a trillion dollar bail out? I doubt many... in fact imho they are scrambling to cover their butts on short positions...
the problem with Gold is there is no fear to spark this to go higher right now... there are rumors from people trying to get out of short positions imo but other than that there isn't much...
we still could see this go up in the long term... I just don't see what drives it up in the next few weeks, in fact i see it going down for a few weeks...
Ha you have to remember Obama and the dems are in the banks back pockets...
What happens with financial regulation will imho be a lot of show but not really do much..
nice beat on earnings... 88 cents
ha well really there is not much left to scare us in terms of the banks...
the risk for the time being is off the table... and money is cheap so they are going to make money...
i think the last few days after the EU bail out came out were a lot of bs rumors of some guys with big hedge funds who got caught short hoping the EU wouldn't do anything... well they kinda got blown out of the water...
so I think they spread a bunch of rumors saying that germany would back out, that this wouldn't solve anything, we are going to dow 5,000 ect ect... so they could cover their short positions...
If you check the short interest for April 30th a lot of stocks had a nice jump up in short interest...
this is all jmho though.. who knows if it is right...
you better hope there is a lot of talk about this...
"US Senate Votes No on IMF Aid to Troubled Nations"
http://www.cnbc.com/id/37204698
although really this doesn't do anything to the financial system... which is looking stronger today imho
ha to play the devils advocate...
What drives gold higher?
the Euro is not going to crash... they were bailed out
Economies are improving.
we are getting a global recovery
Banks aren't at risk to fail
The higher the price goes for gold the less the real demand for it vs the etf's
George Soros lightened his exposure by 9.6% http://www.cnbc.com/id/37197944
Honestly I think that the street is trying to get out of short positions they got into in hopes the euro would fail...
hence the rumors that germany would back out of the bail out, and then that the US might try to back out of the IMF lending... it's all a load of bs put together by people who got very short in hopes of another 2008 and got burnt... imho
stocks go higher, gold goes lower from here based off the above.
(above is sorta my outlook for the market)
still takes me to the "favorite board" even if i hold them both down
Uh oh.. cramer said to buy gold... time to sell i guess
http://www.cnbc.com/id/37192473
Interesting George Soros increased his position in XOM by 80%
http://www.cnbc.com/id/37197944
Financials look stronger in europe.. could be short covering but watching FAS
Is there any way to disable the ihub short-cut feature of command F (on apples) to take you to your favorite boards? command F is a find feature which is much more useful than taking me to my favorite boards... and I can't use it to find what I'm looking for in a post if the ihub short cut is on.
tia
Re: "If you can't fight them join them I guess. Sad sad sad..."
I hear ya.
ha same or else I'd already be in it...
long term you are prob fine.
The issue is, BP could get lucky and have one of their random solutions actually work... (I honestly think they have some guys in a room with a dart and a board of random solutions just throwing the dart at the board and whatever it lands on they try..) but if it does and if it does shortly the chart is primed for a pop...
if not and if the dollar continues to get stronger, and oil continues to go down... And BP continues to not do anything and the talks about this 10 mile long 300 foot deep (i forget how wide) spill continue.. they will go sideways for a bit before heading down to the 38-42 level.
ok... but thats not going to change much, the market has already priced in something like 40 billion dollars cut from BP's value.. a fine of 15 billion is nothing... and if that's all that was going to come of this I'd buy today...
Like I said there will be some fluff bs bill that comes out that makes it look like they were coming down hard on BP but nothing will really happen...
ha, well honestly I think an internal investigation will show up stuff on his administration as well... So I'd be shocked if much other than name calling or bad mouthing will come out of it. And some bs fluff bill that really doesn't do anything but makes it look like he has come down hard on BP.
Can I ask where you get the 40-42? imho it would need to consolidate around these levels a bit to get to that level.
But are you looking back at 2009 levels, do you have some type of value you are putting on the spill. What are you watching?
ha I was watching it for a bounce but who knows when or if that will happen...