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MarketTicker Forums Read Message in NotSoBreakingPrice
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User Info SKF on a nice run in forum [NotSoBreakingPrice]
Bergziege
Posts: 2768
Incept: 2007-09-08
Gold
Central IL
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I shouldn't have sold at 87. Seems like the market isn't betting on a rate cut to bail out the big banks like last week. I doubt if it will happen now with the dollar in the dumpster.

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Luckily for me, a High Standard of Living is easy. All I require is Internet, a tv dinner and a blowjob and I'm the richest guy in the world. - Bozonian

I've been chasing holes all my life and it doesn't always turn out bad. - Bozonian
Dogismyth
Posts: 19
Incept: 2007-09-10

cleveland
Suspended
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i should have bought at 87....arrghh....complacency!

looking at the %gains since late 2003

NDX100 +80%
SP midcaps +110%
Russ 2000 +120%
SP smalls +128%
SP500 +71%
NASDAQ +108%
INDU +64%
NYA +111%
TRANS +115%
UTIL +118%

skf is definitely the winner today...so far
Dogismyth
Posts: 19
Incept: 2007-09-10

cleveland
Suspended
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PERCENTAGE GAIN NUMBERS ARE APPROXIMATE....FOR ALL YOU THAT ROUND TO 5 OR MORE SIG FIGS
Ailujailuj
Posts: 10631
Incept: 2007-08-22
Green
NYC --->LA
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I'm watching the following today:
TWM +4.58%
MZZ +4.09%
SRS +3.88%
SMN +3.22%
SIJ +3.14%
SKF +2.98%
SDS +2.52%
SCC +1.76%
QID +1.80%

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"my god, the little bitch has gone to see the wizard."
Gt_theo
Posts: 587
Incept: 2007-07-11
Green
San Diego
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"i should have bought at 87"

My gut feeling is that some Fed action this week or next will spike the financials briefly and offer a better buying opportunity.

I currently hold SKF and am considering selling today. I am hoping for an end of day selloff that spikes it to 90.

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"He's either a total fool or charlatan, or he's a complete liar, one of the two."
- Jim Rogers commenting on Bernanke's testimony UNDER OATH to Congress.
Gt_theo
Posts: 587
Incept: 2007-07-11
Green
San Diego
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Sold today at 87. It's nosediving now as everyone thinks the Fed will jump in and save the banks. As I said yesterday you will have an entry point much lower than 87. I am considering whether to look to get back in if it dips into the low 80's this week, or wait and see what the Fed does. Remember, the volatility in this thing is massive. Look at the 3 month chart. Seems to me if you are patient you are likely to have an entry point at 80.

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"He's either a total fool or charlatan, or he's a complete liar, one of the two."
- Jim Rogers commenting on Bernanke's testimony UNDER OATH to Congress.
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