Page 5 of 10 ... 34567 ...
Results 41 to 50 of 100
  1. airman is offline
    Enthusiast
    airman's Avatar
    Joined: Mar 2009 Posts: 237
    01-29-2010, 02:56 PM #41
    Quote Originally Posted by Havakasha View Post
    What odds would you place on SXM going higher or going back to .68?
    The odds are low i would say ... .69 I think will hold for sure. Good possibility that .72 will hold as well. That is where I would look to add if I wasn't already all in with my spec stock money.

  2. Big Ben is offline
    Senior Member
    Big Ben's Avatar
    Joined: Mar 2009 Posts: 448
    01-29-2010, 04:09 PM #42
    The chances of it going back to .68 are very good. Look at todays action, if we go out on a downer I would have nailed the head fake, no? FAZ bounced off 19ish a few times and now look at it was up to 19.90...same day..nice pop..in and out. As for SIRI, come on man! Wasn't it up 10% today at one point? If the move up was so obvious, was the retreat unthinkable, shawshank? I stand by my strategy, shave shares, especially when the moves come so fast and so steep. Would it not have been nice to realize a gain this morning and pick off the same shares in the red this afternoon? If the entire market finishes weak we might be in the .7s by days end. I am a big fan of protecting gains, most on here think the end game will justify not cashing out, I disagree respectfully. Good Luck, god knows we need it in this inflated economy and market.

    Big Ben

  3. Havakasha is offline
    Legend
    Havakasha's Avatar
    Joined: Sep 2009 Posts: 5,358
    01-29-2010, 04:32 PM #43
    Quote Originally Posted by Big Ben View Post
    The chances of it going back to .68 are very good. Look at todays action, if we go out on a downer I would have nailed the head fake, no? FAZ bounced off 19ish a few times and now look at it was up to 19.90...same day..nice pop..in and out. As for SIRI, come on man! Wasn't it up 10% today at one point? If the move up was so obvious, was the retreat unthinkable, shawshank? I stand by my strategy, shave shares, especially when the moves come so fast and so steep. Would it not have been nice to realize a gain this morning and pick off the same shares in the red this afternoon? If the entire market finishes weak we might be in the .7s by days end. I am a big fan of protecting gains, most on here think the end game will justify not cashing out, I disagree respectfully. Good Luck, god knows we need it in this inflated economy and market.

    Big Ben
    It was bound to come back down after a huge 4 day move but i am not a trader as i told you. Congratulations on your short at 87. This is no doubt a great stock to trade. I prefer to wait for the longer term. Lets see where it is in the next months or a year from now.

  4. Big Ben is offline
    Senior Member
    Big Ben's Avatar
    Joined: Mar 2009 Posts: 448
    01-29-2010, 04:33 PM #44
    Some goof ball on CNBC just said his firm thinks the SP500 index will be 1250-1300 by spring. Wow how disconnected is this firm, I am glad I control my own money, I don't trust Hedges or Mutuals funds anymore.

    This might sound crazy but we could see dow 9999 by days end, once the 10 handle is broken lookout...the exits are going to get tight. Does anyone give credence to the GDP number, I hope not, 2/3 of it is inventory shifts/gov stimulus. We are sliding and sliding fast. Get to cash...its coming in the air tonight.

    Big Ben

  5. Big Ben is offline
    Senior Member
    Big Ben's Avatar
    Joined: Mar 2009 Posts: 448
    01-29-2010, 05:05 PM #45
    Sold 200 shares of FXP, up 16% in the short term, I will use this money to wait on FAZ...when it gets anywhere near 19 I will pick off 100 shares. My average cost per share on FAZ is 21.5. The markets are cooling off, its time to take a short position and make money on the ride down. Good luck, I would not post this horse dung if it was not working.

    Big Ben

    Jan was really bad, get to cash.

  6. airman is offline
    Enthusiast
    airman's Avatar
    Joined: Mar 2009 Posts: 237
    01-29-2010, 05:13 PM #46
    Quote Originally Posted by Big Ben View Post
    Sold 200 shares of FXP, up 16% in the short term, I will use this money to wait on FAZ...when it gets anywhere near 19 I will pick off 100 shares. My average cost per share on FAZ is 21.5. The markets are cooling off, its time to take a short position and make money on the ride down. Good luck, I would not post this horse dung if it was not working.

    Big Ben

    Jan was really bad, get to cash.
    I agree with you in general. But some of us longs dont need to play with our SIRI shares.
    besides I think you will be surprised how resilient SIRI wil be in a market slide.

  7. Havakasha is offline
    Legend
    Havakasha's Avatar
    Joined: Sep 2009 Posts: 5,358
    01-29-2010, 05:15 PM #47
    And SXM just closed UP 2 cents. Up is good for me. I just had to say that.
    Did you sell your short yet Ben?

  8. vaporgold is offline
    Member
    vaporgold's Avatar
    Joined: Oct 2008 Posts: 58
    01-29-2010, 08:43 PM #48
    I see nothing but good news and a positive public environment up to the CC. I will just wait it out.The CC will give us the overall future short term direction, but also keep an eye on any moves Liberty makes for crossover synergies which could impact the sp.
    imho
    vaporgold

  9. Big Ben is offline
    Senior Member
    Big Ben's Avatar
    Joined: Mar 2009 Posts: 448
    02-01-2010, 10:36 AM #49
    Anyone looking to go short, FAZ and FXP are trending down, slow steady decrease, actually kind of pretty, but anyway...last week FAZ hit resistance before 19 and spiked to 20ish extremely fast. I am picking off 100 today as low as I can. Good luck, FXP in my vHO is a screaming buy anywhere under 11. Good luck happy hunting.

    Big Ben

  10. Big Ben is offline
    Senior Member
    Big Ben's Avatar
    Joined: Mar 2009 Posts: 448
    02-01-2010, 10:45 AM #50
    I am watching some charts and everything appears to be holding steady, but I would watch if today ends red. Asia was flat to down, Europe is flat to up, if we open up and finish down, we should carry Europe down in their pm session. This in turn could lead to a rocky open in China/Aus tonight. Just a guess but I have been watching this trend for quite sometime. Good luck.

    Big Ben

Page 5 of 10 ... 34567 ...