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I like DOG and DXD , and we will see 7500 again this fall
If FAZ is a joke, because of its reverse split and ridiculous option pricing structure...Then a better alternative is to buy inverse etf DOG or DXD [ buy the call options NOT the stock but the call options] most inverse ETFs shorting the dow 30 or SP500 will see explosive gains in the comming days and in the next 6 months.
Shane please google "AUgust 14, 2009 Dow crash"
and read the astrological configuration about he Jupiter-Sun opposition that happens every several years or so ON A CRASH mind you. I have shorted the entire market. 95% of my portfolio is in inverse ETF options ...like FAZ...i don't own any stock except for stem cell stocks but thats a different story....short the market before August13 and 14.
There are earthquakes and typhoons taking place in India and japan..HELLO...besides October 17, 1987 crash started in Asia with Hong Kong's market colapsing....did your read on Marketwatch.com what Hong Kongs top banker said about them being in an asset bubble already.???? the Dow will crash within ten days or sooner in my opinion...about 500 points or more
I am loading up on DXD for October and for next year with the call options . I love stock options, for me its better leverage to play this bear rally.
We are probably headed for a 400 to 800 point correction starting this thursday.... go to Wikipedia and read about the causes of the October 1987 crash......the crash started in Hong Kong....just as it will start this time...in Asia then to europe then to us here in America... DOW down 1000 points collectively by the end of the month we will be at 7900 to 8200 Dow for shizzile
yes, do the opposite cnbc reccomends, these guys are pathetic! They have been wrong on every major market direction. They don't have economists or qualified sector, or business backround or former wall street proven analysts..they're all freakin, college grad interns providing copy and MBA grads who haven't seen their 40th birthday...basically i get news from multiple on line and print and foreign press.
Buy FAZ, they market will tank within 40 days..all the charts point to it. Besides charts...there are other forces on the U.S equities as a whole...some quite political in origin that will have economic impacts on our markets like no other time in history.
I'm back, getting ready to go to Russia for vacation and to be with family
Everyone, ...keep buying MCET, we will be weaalthy. I will sell have my position at .07Cents. I have a good ttill close order on it. the other half of my position i will ride the rollercoaster and see what happens.
July is a magical month, the House and Senate should vote on the Stem Cell Enhancement Bill, did you all forget about this bill schedule??
Moscow
damn right, staw away from pinkies [ ecxept stem cell companies obama will sign another bill in July] ....but yeah Pavis is dead. i wish the pink sheets had as much regulation as the big boards. but you all should start learning about stock options
yhoo at $28.00 after deal announcement with msft
iF CITI REPORTS A small smaller loss than anticipated, as my theory goes....expect a small dip to 3.oo bucks the first 15 minutes of trading ...then watch it soar past 7 bucks or higher during the short squeeze.
good luck to everyone,
my advice if you are holding stock ....continue to hold long
BUT buy some put options on Citi today...just incase.
P.S.
I only have 4 more posts to write before my free membership expires. so I will write tomorrow.
Moscow
I DONT SEE THIS HAPPENING....WHISPER EARNINGS.COM SEES THAT HAPPENING.
I SEE NOTHING BUT A REPORTED LOSS, NOT A BIG ONE BUT A LOSS FOR THE 6TH QRTR IN A ROW FOR CITI\
MOSCOW
i can revise my outlook tooo....i'm human...there is soooooo much information outthere on citi , some good and a lot bad.. i invite everyone to to their own DD,
i'm not too concerned what hapens tomrw...i have puts and call options
GLTY
I stil think citi will report a loss, a small loss for another qrtr in a row....
Here's what tomorrows headlines on CNBC will say:"
"Citgroup beats the street, and posts smaller than expected LOSS"
visit ALACRAPULSE.com for analyst review, scroll and find Meredith Whitney, she founded her own research firm after successfully predicting the banking carnage we saw last fall
The quote: "It's probably going to be a couple more quarters before you see it in their numbers, even if the economy's already turned," Gabelli & Co. analyst Jeff Jonas said:
Citigroup Inc.
_ Why it's important: The nation's largest bank is involved in everything from residential mortgages to commercial real estate to credit cards. Any recovery in Citigroup would bode well for the broader financial industry, and the market knows it: Stocks began a four-week rally after CEO Vikram Pandit said last month that January and February were profitable.
_ When it will report: Friday, April 17
_ What the experts say: Analysts predict a sixth straight quarterly loss — this time, of 36 cents per share. In the first quarter last year, Citigroup lost $5.1 billion, or $1.02 a share.
_ You'll know the economy is improving if: There is any sign of improvement in credit. It's a given that Citigroup will see more debtors fail to make their payments; the question is whether the rise in defaulting loans is starting to moderate.
_ You'll know the economy is not improving if: Loan defaults are accelerating at a much faster pace than expected.
_ The quote: "Historically, losing money is a bad thing. But now, if you're losing less money, it's a good thing," said Kris Niswander, associate director of financial institutions at SNL Financial. "We're looking for any glimmer of hope that can be found."
..continued:
To All,
I'm going to spend the rest of this morning's first half of the trading seesion searching the internet for Analyst revisions on Citgroup's earnings...I will post my results later this evening...keep in mind I am in California..so my evening is like 5pm pacific time.
i think there will be quite a few revisions
moscow
I think Citigroup Friday is a roulette table at the Wynn Hotel and Casino...I think the best play is to own some stock and also to have some PUT options.
I f there is a short squeeze and Citi races to $10 bucks as other writers on this board have claimed ; www.shortsqueeze.com, www.qoutescope.com then having a stock position and day-trading it to your risk level is good.
2. If Citigroup tanks and you have some PUT Options
say April PUT CPV is only $4.00 a contract for a $3.00 strike, so if Citi dips below $3.00 Friday morning you're in the money. "sell -to-close" on the contract.
I revised my analysis last night...did not sleep
I think city group had a small slither of a profit,,amplified by m-to-market reform, and help from tarp money to hide other losses....there is too much goverment involvemnet in the PR of these banks...the conversion process of Citis shares wont take place until Citi posts earnings....ask your self????
what's the governments real goal in forcing Citi to report their earnings as a matter of stipulation before they complete their negotiation on the conversion ratio...or should i say "RE_NEGOTIATION".....does the government want to return to the negotiation table with Citigroup at a lower share price or higher price....with a lower price can the government dictate more terms to Citi....can the government order Vakrim Pandit to step down and other board members.???????? this is more about recovery politics......
i don't know what will happen to C..
I have no freakin idea what will happen tomorrow. but i am prepared to be humbled..i have some Call options on Citi but...i have a lot more Put options on city which may not be realized..because of a potential short-squeeze that may push Citigroup above $5.00
Stuart Plesser[StandardPoors analyst] $1.14 a share or 2.4bilion loss
David Trone [Fox-Pitt Ketton] expects narrower loss of 485 million because of lower than expected rise in operating costs---which doesn't make sense to me.
both BAC and C had excellerating defaults on loans from december to now.
Earninfgs whisper revised their estimate twice this week..now they are predicting a profit of .07 cents
the majority of anaylasts are weighing in on a loss for citi...that is .." a smaller loss" than expected...in this way Citi still posts a loss but BEATS the streets expectation of a big loss
alll the analysts reviews on C that i have read said they doubted profit.....only 2 analysts predicted a profit ...one was earnings whisper.
i still think city will report a loss.
RB I'm not afraid to state my Citigroup option positions
I have 110 April PUT options[CPV] on for a strike of $3.00
I have 42 PUT April PUT options [CPU] for a strike of $2.00
To benefit on a potential upside
I have 60 April CALL options [CDG] for a strike of $7.00
I favor Citigroup dipping on Friday below $3.00 for the begining of the session then rebounding in the second half of the trading day.
Everyone has this pipe dream that Citigroup is going to report a .04 to .10 profit. No they are not.
Citi group will beat expectations by REPORTING A SMALLER LOSS THAN ANALYST CONSESNUS ESTIMATES.
Sooooooo. If and Big IF i am correct...I'll make money in the first 15 minutes of trading when i sell to close my Put options then. at the end of the day when ---as another poster here mentioned---when shorts start to cover [www.shortsqueeze.com] Citi's price may close near 6 or even as high as 9 dollars this Friday--EVEN after reporting a loss---let me qualify that.."even after reporting a smaller loss than anticipated. This is my "Phoenix" option strategy on Citi
I make money friday, on one side...or both sides.
Moscow
Rb,
given your recent expert call...do you think Citi will be trading below $3.00 today, tomorrow or Friday?
Thank you , Moscow
i'm with yu RB , look at the option pricing for PUTS for citi,
it gives you a pretty good idea where the market makers think the stock is ultimately headed
you are eeither a millionaire investor with a ton of April Call options for the strike of $10 dollars or you are part of Citi management. Your post reads like a freakin motivational memo to lower employees
Moscow
it is time to jump back into this one everybody. Its time to buy call options on dollar tree. I'm taking my profit that I have made on banking stocks this spring like BAC and GS and flipping it into DLTR call options for MAy strike prices of 55 dollars...look at MAy cal option DTJEK
1. as the American consumer moves from Spring into Summer you should see strong earnings from DLTR who will be selling everything essential for summer at prices that can't be beat.
this stock and many in its business model [ Big Lots, Family Dollar, etc] are all winners for Summer call options as well.
DLTR gives our earnings report this April
Citigroup is a daytraders dream........but now I can already smell the blood in the street.......look-out, here we come $2.85!!
There will be profit taking tomorrow, more investors weary that the run is over....so they will wait for JpMorgChase to make an announcement...ride the bounce to $4.90 or 5 bucks ..then bail-out
what I need is Citi to be trading no higher than $4.25 Thursday all day...for my "Phoenix Theory" that I have been posting all week here..to work out.
1. Citi has to drop like a ball of fire Friday morning to about $2.50 , basiccally below $3.00 on the negative earnings report and mass profit taking panic..
2. then Citi has to rebound in the last half of the trading session on Friday and close the day where it had opened..."gulp"..around $4.25 ....rising from the flames like a phoenix...
Moscow
ditto, at least you and me put our money to test and aren't affraid to be riddiculed my annonimous others..
here's an update to my predictions:
there will be profit taking thursday..some savvy investors wh have read a dozen or more analyst reports free or paid reports know, citi is reporting a loss friday..how big or small we dont know......sooooo, there will be profit taking that may keep Citi in the $3.00 dollar range all day Thursday.
then dive to 2.00 or 2.85 Friday morning and rebound to to close Friday at $3.85 or higher at the end of the tradng session April 17
something like that
Moscow
It will drop Friday morning below $3.00 dollars but only for the first half of the trading day...Then like a Phoenix rise to 4 dollars or more in the last hour of trading...Mark my words,....it will rebound after it dips in the morning
Moscow
What I am betting on is more human nature, when Citi dips on friday in the morning from 4 or 5 or 6 bucks back down to 1.90 or 2.10 whatever........think about it.....These are cheap shares...free shares almost....a penny stock....Citigroup is good for one thing at this point of economic recovery..FLIPPING....and I am counting on day traders , and retail investors to buy in like hoards once Citigroup dips low enough Friday morning....this may save Citigroup and do what I predict it will do and that is close higher than Thursday April 16th's close......watch..for huge gap all day , thhen close like a gangbuster in the last hour..
....remember the first week of April when Bank Of America stock would gap all day then right at the end of the trading day durring the last hour..--there was massive buying, and the stock would just close higher......and you were like
Wh-Th-Fk!?!? ...that's whats going to happen to citigroup.
You can laugh at me all year on this board or you could call me a genius- on this particular stock.
Moscow
yes on friday
perhaps 40 to 60 is far too much, maybe i am flat wrong...perhaps my illustration is better served like this...it will drop from $3.50 whatever to $1.90 something at some point in the morning Friday. ..that's what I.m trying to say....maybe I', wrong...maybe I'll be a little richer friday??
a double whammy of 1] bad earnings report and 2} investors taking what profit they can in panic.
i made a killing today on my goldman call options for a strike of 135 dollars. I was simply near the money when GS hit $129. i will buy citigroup put options for a $3.00 strike.
predictions.
A. Bank of america will see 12 or 13 dollars this week.
b. The stress tests are on everbody's mind..and i dont think there will be any profit taking until thursday morning because everyone knows Citigroup is going to report earnings loss friday morning and the enitire banking stocks will dip 5% percent across the board. Citi will loose 40 to 60% of its share value in the first half of the trading day, specifically the first 2 hours...then rebound like a MOFO and close just at the price of thursday;s close.......sound crazy...it is and I'm sticking to it...or rather i'm betting on it.
I am buying put options and call options on Citigroup tomorrow morning. I will make a killing in the first hour of trading Friday when Citi shares tank....then in the last hour of trading when the stock rebounds Iwill make another killing with my call options when Citi regains some of it's share value.
I trade like George Soros my investor hero...i search for possible anamolies
yes, i've been keeping my eye on the magnitude of profit taking that may occur..All i want is enough positive earnings news from Goldman, JPmorgan and economic data on Wednesday to give Citigroup enough momentum to withstand profitaking...i want Citigroup to come close to $4.00 before friday...all i need to be is "near the money" for me to close my Call Options on Citi.....then I want Citigroup to drop like a rock on Friday when they release their earnings...then I will make a better profit on my Put options on Citi.
But who know what will happen except the ceos of these banks and the chief financial officer.
...this i have no idea...this week anything can ghappen
anything can happen ...either way..i make money..i have puts and call options on citigroup, i dont care what you think because you probably just hold stock positions. i have stock and options so i am better positioned to make money in any market direction :)))))
Calero, you're right...absolutlely, and my options trading strategy reflects eaactly this unique market situation.
my strategy: I have Aprill call options on BAC and Goldman[GS} and Citigroup {c]. When Goldman releases it searnings Tuesday. I selling -to -close all my call options. The hype alone and investor confidence will be highest Monday.....tuesday Goldman can surprise us with a LOSS?!?!?! you never know. But I will probably close all my positions Monday around 2pm. I expect Citi to see $4.bucks monday and BAC to see 11 dollars monday and Goldman to see $135+ monday...this is when I m getting out.
Monday I am also buying PUT options on citigroup...the current trading range is too high 3- to 4 bucks is too high....citi is a penny stock until it reorganizes it share structure and divests of it numerous business. All th e ananlysts reporsts i read and pay for say Citi will not meet the consensus estimate..perhaps miss it by 1 or 2 cents.
either way come friday, Citiwill be trading under $2.00 for most of the trading day Friday...
BUT HERE IS MY ABSOLUTE CRAZY PREDICTION...ALTHOUGH THE WILL REPORT NEGATIVELY...THE LAST HOUR OF TRADING FRIDAY CITIGROUP WILL BOUNCE RIGHT BACK UP TO $3.00+ JUST RIGHT BEFORE CLOSE........WHY.......INVESTORS WHO ARE LONG ON CITI WILL SPOT A GOOD DEAL AND BUY ESSENTIALY CHEAP SHARES AT $1.50 A SHARE IN THE EARLY MORNING TRADING.
1. I WOULD DAY TRADE CITI ON FRIDAY, BUY WHEN THE STOCK SINKS TO $1.00 SOMETHING THEN SELL IT BEFORE CLOSE OF THE MARKET DAY WHEN IT SWINGS BACK TO $3.00
MARK MY WORDS...YOU'LL SEE THIS CRAZY GAP HAPPEN.
I WILL BE WAKING UP EARLY EVERY MORNING AT SUNRISE WATCHING PREMARKTET ACTIVITY ON FOREING ECHANGES
BERLIN STOCK EXCHANGE AND JAPANESE STOCK EXCHANGES
Tim Gietner is my hero :) i'll put a photo of him next to Gordon Gecco [Micheal Douglas as Gecco in the movie Wall Street]. Lets hope this receovery economics makes all of us rich on BAC
i agrre with you but a little more conservative.. i think 11 to 14 next week
Hell Yeah 14 here we come..I have 64 April call options for a strike of 14 and some calls on 10.00
if you want to sleep better at night and not have to panic everytime the market takes a swing at the banking stocks ..consider Options trading.. all you have to be is NEAR the money or In the money to make money. I always "sell to close" and just collect my contract premium that has trippled or balloned. besides you have much better leverage with options. each contract controls a hundred shares.
anyone with enough money here should consider Citigroup stock options...and the shares are actually cheap enough to excersise the contract when the expiration dates comes due....
once again consider options
do you have calls or puts on BAC for april.
sell some positions in other stocks and buy May call options on BAC for strike of 12 or 14 bucks.