People With Money In the Market

that stock up 22% looks like FGGT, with the G’s blanked out.

FGGT is a real company, but isn’t traded. I tried to buy some in the simulator :lol:

:lol:

Just picked up some BWLD, you finally sold me.

CROX -45% today.

There goes Locutus’s 401k…

Ugh, SKF short order came within $2 of hitting. Now its down in the 160s already.

doh!

It held at 180 for a bit, how’d you miss your entry?

Your market order wasn’t placed in time?

That sucks man, I was even thinking about dumping cash into my ameritrade account to get in on that move.

My margin buying power is based on a percentage of my portfolio’s net worth. Apparently when I had a quick drop I came up $2 short on completing my order.

Fuck man, that sucks. What kind of leverage is usually offered in this market? 1:1 ?

For most of the stock market you only need to maintain 30%. Stuff that they deem more risky, like all of the financials lately, is higher, anywhere up to no leverage offered for penny stocks. SKF IIRC was right around 1:1.

Word. I looked at the daily chart of SKF a minute ago. I’d still consider getting in short… from a technical analysis it’s going to drop into the 140s before finding support. I’m always bored at the end of the day, so I’ll do a little drawing in a minute.

lets see if we get the daily 350 decline in the market that shoots SKF up. Could be an entry point.

Unfortunately I don’t know anything about this market, I can only try and read a chart :frowning: :tdown:

I’ll always look for price action/patterns before getting in/out

Here is a quick analysis of SKF

edit: Playing a bounce off a 360 EMA is a GREAT way to get in. Teamed with price action and fib/SR confluence, it’d be as close to a sure bet going long around 120

Of course something in the news or some other fundamental thing could skew everything.

FGGTS! should have listened to me HA! everyone thought i was crazy yesterday going long, long, long and covering shorts!!!.
Totals $2,625.79
WAMMO! todays earnings off of yesterdays moves. Best thing is ive been playing paintball all morning. Ok back out to the field. :slight_smile:

PS-I was a bitch too cause this morning i was debating pushing more money in and didnt :frowning:

FGGT what stocks did you go long on? You can PM me if you want =P

DIG,AKS,LCC,UYG,and URE I have been smahing through the turns on the funds. I have consistantly been jumping directions a few % early like I said and taking about 1K loss before I see 3-4k gains. I am up almost 10k in the last 30 days :slight_smile: FGGTS!

when the time is right I will buy up SKF, DUG, and QID for shorts.

now wer’re cooking with gas!

http://nyspeed.com/forums/attachment.php?attachmentid=6381&stc=1&d=1226609810

haha, i’ll check on them and see what i think. analyzing these charts is just like practice for me :eekdance:

did you read that pdf yet faggo

+570 dow in like an hour eh? I still don’t quite trust it.

Big dip coming up after hours.