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Re: creppie post# 272

Friday, 05/08/2009 3:00:13 PM

Friday, May 08, 2009 3:00:13 PM

Post# of 669
hey,

i sold my C today after i heard that C confirmed converted 5.5billion worth of preferred stock to common stock. I sold for a small profit so everything is good :) I might get in after the commotion with financials settles down

As of right now I am looking to strengthen my position on IBM, by avg up. The 200sma is about to be crossed by the 50ma, a very good sign in strength in my opinion and I am looking for a little bit of a pullback to check on this new strength, if a bounce occurs then I believe this is a strong stock for the long term and I will strengthen my position in it.

I also bought a little bit of DXO..be very very carefull with this one. but its a good little ETN for some swing plays.

*** Dont listen to me I am just a MilkShake!!!!
http://www.investorshub.com/boards/board.asp?board_id=8369

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