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  1. SiriusHope is offline
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    Joined: Oct 2008 Location: Las Vegas Posts: 515
    03-24-2009, 11:32 AM #71
    Quote Originally Posted by sl62 View Post
    And the problem is there is so much cash still holding on the sidelines, ..
    I heard over 3 trillion $$$ of CASH on sidelines according to cnbc this morning.

  2. relmor2003 is offline
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    03-24-2009, 11:32 AM #72
    Quote Originally Posted by sl62 View Post
    I hear ya. This was our 3rd lower low since Oct 10th. Technically there needs to be at least one retest that holds a low but I keep thinking about all the recent positive data that is pointing to a real bottom here. And the problem is there is so much cash still holding on the sidelines, fear of "missing it" could be what gets us back up to the next range. Then we need to hold that one. I'm with your point though so still room for caution...
    Agreed. Time is more important than price. We have 1 hour to break 7800. By 9:30 my time.(mountain).

  3. Demian is offline
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    03-24-2009, 11:32 AM #73
    I was saying yesterday that if it breaks .34, it's a quick ride to .36......

  4. sl62 is offline
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    Joined: Jan 2009 Location: Windy C. Posts: 644
    03-24-2009, 11:33 AM #74
    Quote Originally Posted by dmo2424 View Post
    SI62 you do a double take on the 3 in .33? I do a double take every morning at where the decimal point is!

    my good friend had his little toddler baby girl over the other night and when she got upset screaming and yelling he said to her "Now practice your patience" and she started yoga style deep breathing 3 or 4 times. very cute. That's what I'm doing now, "practicing patience"

    .33 good? nah. $3.33 would be good for me (in a few years)
    yeah funny where our standards go in times of crisis! That's the other part of the equation. To be happy with .33 is a very humbling experience LOL...

  5. Sirius_Long_Hauler is offline
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    Joined: Mar 2009 Posts: 139
    03-24-2009, 11:33 AM #75
    My sell went through earlier, which means we are almost guaranteed to do well now haha... good luck everybody, looks like we are making a break for .35 now.

  6. sl62 is offline
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    Joined: Jan 2009 Location: Windy C. Posts: 644
    03-24-2009, 11:34 AM #76
    Quote Originally Posted by relmor2003 View Post
    Agreed. Time is more important than price. We have 1 hour to break 7800. By 9:30 my time.(mountain).
    least we held 804 this morning (so far)... LOL

  7. SiriusHope is offline
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    03-24-2009, 11:34 AM #77
    Quote Originally Posted by Demian View Post
    I was saying yesterday that if it breaks .34, it's a quick ride to .36......

    Demian RIGHT AGAIN...
    running up quick now!!! Over .35 now may hit .36 and decimal.

  8. sl62 is offline
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    Joined: Jan 2009 Location: Windy C. Posts: 644
    03-24-2009, 11:36 AM #78
    all of a sudden thimgs getting a little wild in the pit LOL....probably some smart money sticking their hand in the beehive...pisses shorts off LOL..makes them do some work...

  9. dmo2424 is offline
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    Joined: Jan 2009 Posts: 185
    03-24-2009, 11:44 AM #79
    random question because I didn't know the answer... if you are long but have a small number of side shares to play with, is it better to sell some of the long share blocks at a loss or better to sell the new "on the side" shares at a gain?

    Thanks

  10. winagain35 is offline
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    Joined: Jun 2008 Location: Denver, CO Posts: 190
    03-24-2009, 11:47 AM #80
    Quote Originally Posted by Sundevil View Post
    Sun? Who needs sun...I'm going skiing! Putting in a buy at .25 and a sell at .40... anyone use a good mobile phone website for tracking stock prices?
    If you use ameritrade - marketsimplified.com has a pretty neat service. You can get real time streaming quotes and even trade.

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