Daily Market Watch - Week of 2/2/09

[trippingthespeculatingpos]

back over 8000 bill, thast bullish right>

[billhart22]

Its not Bills fault this time the republicans are wrestling with Obama

I haven't even turned my T.V. on yet this morning....I think the less I watch financial news the better. Man, they are so negative.

I think everyone is waiting for the financials for LVLT. I know for a fact that they are good. We could be looking at another run here in a few days.

I am thinking about buying another 100 shares.

What are your thoughts before I do?

[billhart22]

back over 8000 bill, thast bullish right>

That is terrific! If we can close over 8000 for a couple of days, then things could get really good. Over 8000 is bullish. We are over 1500 on the NAS...that is bullish. We are right where we need to be for now. I am really thinking about LVLT at its current price, though it is higher than I like.

[billhart22]

I canceled my AIB order and am now fishing....

[ray]

when fnm, fre,loose steam lvlt and abk start looking better I am thinking over the next month we will see some bottoms like we did earlier or with in .10 on fnm. when that happens lvlt,abk might loose ground because the positions get sold off to buy those current lows.
our siri, I cant seam to figure out I have made money so far In the above
fnm,fre,abk, lvlt and no longer have positions in them.I am looking for a new plan.
I am hanging on to my 507000 shares of siri for a while. lets see a new plan.A few more cents and I break even In siri
and like damian says I have a little dry powder left on the side.
untill that happens it will be mcnaughtons.

[trippingthespeculatingpos]

aib 3.02 vfbggwegwegeg

[billhart22]

when fnm, fre,loose steam lvlt and abk start looking better I am thinking over the next month we will see some bottoms like we did earlier or with in .10 on fnm. when that happens lvlt,abk might loose ground because the positions get sold off to buy those current lows.
our siri, I cant seam to figure out I have made money so far In the above
fnm,fre,abk, lvlt and no longer have positions in them.I am looking for a new plan.
I am hanging on to my 507000 shares of siri for a while. lets see a new plan.A few more cents and I break even In siri
and like damian says I have a little dry powder left on the side.
untill that happens it will be mcnaughtons.

507000 shares is a lot. I understand your reasoning.

Keep me updated on your plan if you would please so I can compare. I will do the same. Are you "working" in the shop today?

I keep a bottle of V.O. out in the garage for occasions like this. I keep my Makers Mark in the house in the cabinet.

I drink the V.O. straight out of the bottle, but the Makers I put in a glass with a couple of ice cubes.

[ray]

Yes I am, I have left the computer on so I can think about my real work.
sounds like co is like owyhee county Id. nothing important happens with out your Makers or the back up

[billhart22]

Yes I am, I have left the computer on so I can think about my real work.
sounds like co is like owyhee county Id. nothing important happens with out your Makers or the back up

You got it. :-)

[ray]

I picked up some abk at 1.04 fnm @.56 looking for good price on lvlt I have been tring to wait out better price, what do you think.