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Thread: Plays for 12-01

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  1. #1
    APEXSPORTS is offline
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    Joined: Oct 2008 Location: cambridge,ohio Posts: 214

    Plays for 12-01

    1. LOOK TO GO LONG THE QLD ON MONDAY AT 26.50 STOP AT 26 SHOULD RUN TO 27.50-28

    2. LOOK TO SHORT GM AFTER CONGRESS MEETING AT AND AROUND 6 DOLLAR LEVEL PICK UP A BUCK ..

    STAY TUNED FOR ME

  2. #2
    sxminvestor is offline
    Quote Originally Posted by APEXSPORTS View Post
    1. LOOK TO GO LONG THE QLD ON MONDAY AT 26.50 STOP AT 26 SHOULD RUN TO 27.50-28

    2. LOOK TO SHORT GM AFTER CONGRESS MEETING AT AND AROUND 6 DOLLAR LEVEL PICK UP A BUCK ..

    STAY TUNED FOR ME
    It would be nice for a pop on some real volume over 30 cents so we could get the Loral 100M.

  3. #3
    Demian is offline
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    Joined: Oct 2008 Posts: 2,320
    Quote Originally Posted by APEXSPORTS View Post
    1. LOOK TO GO LONG THE QLD ON MONDAY AT 26.50 STOP AT 26 SHOULD RUN TO 27.50-28

    2. LOOK TO SHORT GM AFTER CONGRESS MEETING AT AND AROUND 6 DOLLAR LEVEL PICK UP A BUCK ..

    STAY TUNED FOR ME
    Be careful Apex....the market has had quite a run the last few days. The QLD might pull back with some profit taking. Shorting any of the automakers down at these levels seems really risky to me....

    Good Luck!

  4. #4
    jmm232 is offline
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    Joined: Apr 2008 Posts: 206
    Shorting the automakers at this point seems more than risky to me. Why don't you just write a check to me for whatever you were considering investing?

    Ford was up over $3 (up to $3.20) in the AH on Friday. After watching the Marketwatch interview, I am 100% certain they will get some form of "bailout". National security trumps all talks of energy efficiency and who promises what.

    You might see the automakers double or better this week alone. Guess we shall see soon enough.

  5. #5
    APEXSPORTS is offline
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    Joined: Oct 2008 Location: cambridge,ohio Posts: 214
    Gm will run till tuesday when you buy on a rumor sell on the news and all the rookies take a bath.. There will be strong decline after congress meets.

    Black friday sales up 3% rom last year as they were expecting a large decline we will run up till wed as reality and unemployment , beige book,gdp reports come out then you can short qld and market after that..

    Peace go steelers

  6. #6
    trippingthespeculatingpos is offline
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    Joined: Dec 2008 Location: San Antonio Posts: 2,884
    maqn i feel like a dumb ass, i sold jcp yesterday expecting an afternoon drop and the shit went up almost 2 dollars more after i sold.

    yes sir i am a dumbshit

  7. #7
    trippingthespeculatingpos is offline
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    Joined: Dec 2008 Location: San Antonio Posts: 2,884
    its actually up 3 dollars from wher ei sold yesterday, i wanna punch something

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