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Thread: SIRI Daily Thread Thur 2.28.13 - Go to Cash Thursday!

  1. #1
    midas360 is offline
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    SIRI Daily Thread Thur 2.28.13 - Go to Cash Thursday!

    Morning! Futures are green but not by much. Hope everyone makes lots of money today but remember, CASH IS KING!

    Good Luck!
    Stock Chat Room ---> http://us12.chatzy.com/66899682019021 :money:

  2. #2
    radejs is offline
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    Been trimming holdings last few days, half cash now. Ready to pounce on opportunity.

  3. #3
    SiriusBuzz is offline
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    I really hope we get a pullback, I think this market has overrun. I know there have been some promising numbers but, I'm not buying it. Our economy does not justify these levels.
    Charles LaRocca
    SiriusBuzz Founder

  4. #4
    siriusly_invested is offline
    Quote Originally Posted by SiriusBuzz View Post
    I really hope we get a pullback, I think this market has overrun. I know there have been some promising numbers but, I'm not buying it. Our economy does not justify these levels.
    Charles, haven't you read the news about the FED printing $83Bil/mo and pumping it into Wallstreet to give the artificial impression that the economy is doing well? As long as they continue that deathly process, I suppose we should just continue to go along for the ride........... and then be ready to seek safe shelter once the printing presses shut down.

  5. #5
    SiriusBuzz is offline
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    I hear ya, I dont want to miss the ride but I have a hard time investing in numbers I dont believe in. I hate getting caught with my pants down.

    BTW, jobless claim numbers are BS, there reason the dropped off is because unemployment benefits have expired for a lot of people. There arent less people looking for work, they are just no longer reporting as looking for work.
    Charles LaRocca
    SiriusBuzz Founder

  6. #6
    denco1 is online now
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    Morning All!

    Bass...looks like we got that 3.11 print. Hope to see a test of 3.14 next later today.

  7. #7
    SiriusBuzz is offline
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    If we hit 3.15, Im all out!
    Charles LaRocca
    SiriusBuzz Founder

  8. #8
    SiriusBuzz is offline
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    Charles LaRocca
    SiriusBuzz Founder

  9. #9
    denco1 is online now
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    Hard to be in or out right now.....



    But I am still LONGDUCKDONGINSIRI

  10. #10
    siriusly_invested is offline
    Quote Originally Posted by SiriusBuzz View Post
    If we hit 3.15, Im all out!
    Depends; if it is a sudden surge which carries it up to and over 3.15, I'm thinking maybe a trailing stop above there might make sense. For example, if it should hit 3.18, then set a 2 cent trailing stop.... if it reaches 3.20, move the stop to 3 cents, etc..... May sound hoaky, but if 3.15 is your target exit point, might as well try to squeeze out another penny or two.

    Speaking of trailing stops, I just noticed the broader markets are beginning to soften, and all of my holdings now are off of their daily highs. I wonder if we might be sensing some pessimism as to how the Sequestration issue will affect the markets. I'm thinking of taking a closer look to decide if I need to take some defensive actions.

    EDIT: PS. but isn't it strange that "Sequestration" news is not on the front page today?

  11. Ad Fairy Senior Member
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