Daily Market Watch - Week of 2/16/09

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Originally Posted by Sworntwofun

Hey Bill...

I was checking out that currancy trading offer on TV... It does sound interesting...who knows it might be more perdictable than stocks..

I went a little nuts today! backing up some of my existing stocks and added a little ABK...

Its starting to get a little crazy...it seems like people are pulling out of stocks and going to Gold and silver...Gold closed at like $967 but it takes so much to invest....

I really enjoyed the new program...I had 2 laptops side by side...
If I had any Huevos I would of sold some Siri and bought it back...
I think that gonna be the trend until the 4Q cc on the 23rd..

Well here's the list... ABK AIB AIG BAC C ETFC F GCHK LVLT SIRI

Personally I think its gonna start getting ugly but im ready!:cool:

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First of all, I have to laugh my ass off about that Jerk Off comment that you wrote in the other thread.....I had tears in my eyes....I was going to write something, but I figured why screw with perfection....haha

Ya, that currency trading sounds like a trip....I have to learn the ins and outs or I probably would lose my ass. I have the basic concept, but I have to learn a whole bunch more before I would get into that. I would get a practice account and play with it for a while. There are hundreds of sites with practice accounts on them.

That ABK will sneak up and produce an winner time and time again. I like that stock a whole bunch.

This market is ugly....but it is a great time for buying...We must all be contrarian investors.:)

LVLT will take off all of the sudden and will do great.

That is fantastic that you bolstered all of your positions....smart move.

The market was so bad today that SIRI really didn't have a chance to make big gains and it won't. It will just do its own thing. SIRI just got a tourniquet and is not healed like everybody thought it would be. There is still a hell of a lot of risk with it and people refuse to believe it.

Notice how the intraday cleared out?? Too funny.....I like it like it is now and not a bunch of 11th hour worry worts coming out of the wood work.

I'm glad you like that program....it is way cool IMO.

I finally picked up SBLK today! It is an extremely good stock...I will buy more if the price is right....$2.00 or less. I had to fight tooth and nail to get it at $2.00, because the people just won't sell for the bid price. It took 45 minutes of not moving my bid before somebody gave in.

I am so tired.....I am going to bed here really quick.

Have a great night and tty tomorrow...;)

Bill

Bill

No NM at the moment. Traded it earlier in the year before I F'd up and put too much cash into Siri...now trying to recoup some...May pick up couple hundred shares tomorrow. Lookin at 3.2-3.25 buy in. with quick trigger if qtr results are bad.

What do you think the market will do tomorrow?

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Originally Posted by just sirius

Bill

No NM at the moment. Traded it earlier in the year before I F'd up and put too much cash into Siri...now trying to recoup some...May pick up couple hundred shares tomorrow. Lookin at 3.2-3.25 buy in. with quick trigger if qtr results are bad.

What do you think the market will do tomorrow?

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My overall feeling is not good, maybe the market will be flat and just sit there.

The only stock I feel safe in right now is SIRI, despite the R/S potential / manipulation and this crap that came out this morning.

Amid a high debt load, and a deepening recession, credit-crunched entertainment firms are fast filing for bankruptcy.

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2009-02-17 14:13:39 - Entertainment and media firms including Tribune, Sirius XM, Charter Communications, Midway, etc have already filed for bankruptcy. Entertainment professionals which work in various jobs like media jobs, information technology jobs, writing jobs etc. are said to face the danger of being obliterated without any trace due to the collapse of many entertainment firms.
http://www.pr-inside.com/amid-a-high...d-r1063634.htm

Just be careful, and try not to get greedy.

Good luck to everyone tomorrow!!! :)

Dread

Never thought I'd hear someone say that feel safe in SiriXM stock lol

Link to article posted above states SiriusXM already BK!!! Guess that they bought on the hype!

Bill

SBLK looks pretty good, be careful though, If NM posts crappy qtr tomorrow AH, may affect SBLK short term!

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Originally Posted by billhart22

Notice how the intraday cleared out?? Too funny.....I like it like it is now and not a bunch of 11th hour worry worts coming out of the wood work.

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I thought tripping was the worst of the bunch! LOL.

Wow sworn, you have a LOT of exposure to financials don't you? You might be getting in a tad bit early, but I think in about 6 months, you will be grinning ear to ear. I think the economy actually turned around starting in December, but the street won't realize it until about July. The majority of the economy news this month was positive! I say in July because it still gives companies a chance to have one more very bad quarter and announce those results in April, and then they are turning around and will blow out expectations for Q2 (They will still suck, but since expectations will be SOOO low they will blow them out) when they announce in July. Then it will be off to the races.

They always say that Summer is typically a bad time for investors, so I may be 3 months ahead of my time... Perhaps in October will be when it takes off, but I just don't see it taking that long.

And I think Financials are a smart way to play this thing sworn.

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2009-02-17 14:13:39 - Entertainment and media firms including Tribune, Sirius XM, Charter Communications, Midway, etc have already filed for bankruptcy. Entertainment professionals which work in various jobs like media jobs, information technology jobs, writing jobs etc. are said to face the danger of being obliterated without any trace due to the collapse of many entertainment firms.

do you not think apart of these filings are a preemptive move to get gov aide

Or unless these bks are not filed by certain date twerp funds or the more current Obama coins would not be available to them.

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Originally Posted by just sirius

Dread

Never thought I'd hear someone say that feel safe in SiriXM stock lol

Link to article posted above states SiriusXM already BK!!! Guess that they bought on the hype!

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I think the same thing ,I wiped my slate clean on my other stocks and planted my money on lucky number sirius.lol:cool:

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http://www.goerie.com/apps/pbcs.dll/...SS05/312319842
PNC completes acquisition of National City

Published: December 31. 2008 1:55PM


PITTSBURGH -- PNC Financial Services Group Inc. announced today that it completed its acquisition of National City Corp.


National City stockholders will receive 0.0392 of a share of PNC common stock for each share of National City common stock based on the terms of the merger agreement, with any fractional share of PNC common stock paid in cash. Shares of National City will no longer be listed on the New York Stock Exchange.

National City branches will continue normal operations, and customers should continue to use National City's services as usual. PNC will provide comprehensive customer information before the conversion of National City branches, which will begin in the second half of 2009.

PNC also concluded its sale of $7.6 billion of preferred stock and warrants to the U.S. Treasury under the TARP Capital Purchase Program.

Additionally, PNC announced that it expects to issue financial results for the fourth quarter and full year 2008 on, Feb. 3.

one other bank stock I have been following other than wm,thmr and others

http://finance.yahoo.com/q/ud?s=VC
http://biz.yahoo.com/cc/2/101102.html