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  1. SiriuslyLong is offline
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    Joined: Jan 2009 Location: Ann Arbor, MI Posts: 3,560
    05-06-2010, 03:50 PM #81
    Hey Big Ben you Bear. I posted in the market watch forum. I was "taking profit" and a nice wad of cash, then became weak and bought in to TCK which has since gotten ****ing clobbered. I also bought SPXU and would be sitting pretty on that but took my profit a little too early.

    I'm not ready to call this the end of the earth, but feel we are in a medium term bear market. Companies are making money. This is good. This will be a decisive point going forward. If company earnings start taking a hit, we could see it all over again.

    Glad to see SIRI bouncing back along with the entire market.

  2. john is offline
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    Joined: May 2008 Posts: 2,836
    05-06-2010, 03:51 PM #82
    Human error caused plunge to be worse the it was supposed to be.

  3. john is offline
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    Joined: May 2008 Posts: 2,836
    05-06-2010, 03:53 PM #83
    Quote Originally Posted by doclogic View Post
    Wow.... that was fun......

    Ben.... Damn if it was headed to .82 right after my post. Ha.......hope you bought a few while we were down there and made some money You were actually right for about 15 minutes..... the sky did fall.


    No, No, lets remember his buy price was .82 it has yet to get that low. Here is what Big Ben actually said:

    "Next siri purchase for me will be around .82 level...the stock seems to hit resistance there. I hope some of the twits and dumb asses on here were smart enough to cash some in 1.2 range, somehow I don't believe they did. Good luck today"


    Maybe I should put that in a qoute so he doesn't go back and erase it. I trust him enough not to be a twit and to something like that though, right candelman.
    Last edited by john; 05-06-2010 at 03:58 PM.

  4. candleman is offline
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    Joined: Jul 2009 Location: Outer Banks of North Carolina Posts: 1,511
    05-06-2010, 04:07 PM #84
    That was a fun ride today. There was a lot of money made on trading SIRI today for anyone that had the time to watch the market and get in on the dip.

    It was very important in my opinion that we didn't close below a buck.

  5. Havakasha is offline
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    Joined: Sep 2009 Posts: 5,358
    05-06-2010, 04:32 PM #85
    They are saying that trading error caused the crash.

    http://www.huffingtonpost.com/2010/0..._n_566623.html

  6. john is offline
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    Joined: May 2008 Posts: 2,836
    05-06-2010, 04:40 PM #86
    Quote Originally Posted by Havakasha View Post
    They are saying that trading error caused the crash.

    http://www.huffingtonpost.com/2010/0..._n_566623.html

    Look up at post 82 you twit.

  7. candleman is offline
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    Joined: Jul 2009 Location: Outer Banks of North Carolina Posts: 1,511
    05-06-2010, 04:56 PM #87
    Thanks for the link Lloyd. That's a very interesting idea. It will be good to follow the story and see if that's what really happened.

    Chuck



    Quote Originally Posted by Havakasha View Post
    They are saying that trading error caused the crash.

    http://www.huffingtonpost.com/2010/0..._n_566623.html

  8. Havakasha is offline
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    Joined: Sep 2009 Posts: 5,358
    05-06-2010, 05:15 PM #88
    Mr. Socialism, Communism, dumbass, twit.

    Please relax a little and just enjoy the article i attached.

  9. john is offline
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    Joined: May 2008 Posts: 2,836
    05-06-2010, 06:00 PM #89
    Quote Originally Posted by Havakasha View Post
    Mr. Socialism, Communism, dumbass, twit.

    Please relax a little and just enjoy the article i attached.

    I have already gotten the news dumbass, I dont need to go to a liberial rag to get it after the fact.

    P.S. My post (#82) does not mean that we will not take another dive in the markets though.

  10. candleman is offline
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    Joined: Jul 2009 Location: Outer Banks of North Carolina Posts: 1,511
    05-07-2010, 09:47 AM #90
    We're looking better this morning. Off to a nice start, up a penny on strong volume.

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