tag:blogger.com,1999:blog-3323125037607548189.post6063650778872766641..comments2024-03-15T02:40:09.484-04:00Comments on Wall Street Manna: Why 29.99% Interest on Credit Cards?Palmonihttp://www.blogger.com/profile/17670456087642069778noreply@blogger.comBlogger16125tag:blogger.com,1999:blog-3323125037607548189.post-42147783134913136452009-11-02T17:13:55.348-05:002009-11-02T17:13:55.348-05:00thanks P...i tired my luck in SRS...and no luck......thanks P...i tired my luck in SRS...and no luck...lost 5% just like that...learned my lesson.<br /><br />still holding FAZ wasn't around to sell when it bounced up...not sure what to do with that too....seems like people might start shorting financials again?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3323125037607548189.post-56100628393763035162009-11-02T17:10:52.925-05:002009-11-02T17:10:52.925-05:00I got too negative because these stupid banks thre...I got too negative because these stupid banks threw me off--I spent too much time at night studying their balance sheets and not enough time sleeping!!!<br /><br />I even covered my Goldman short today..better just to bitch about these companies than try and make money shorting themPalmonihttps://www.blogger.com/profile/17670456087642069778noreply@blogger.comtag:blogger.com,1999:blog-3323125037607548189.post-40428992305009771772009-11-02T16:41:49.166-05:002009-11-02T16:41:49.166-05:00Hey Palmoni ( aka Great one! )
My heart sank when...Hey Palmoni ( aka Great one! )<br /><br />My heart sank when you sot the bull over the weekend. I am still bullish. I lost my underpants shorting during jan 2000. High interest rate is not to kill the Christmas shopping by stupid banks, but to goose up their phantom balance sheets you say?<br /><br />burntoutUnknownhttps://www.blogger.com/profile/03828120536335020892noreply@blogger.comtag:blogger.com,1999:blog-3323125037607548189.post-40624536968683177732009-11-02T16:08:31.290-05:002009-11-02T16:08:31.290-05:00what a werid day...so what now? we didn't drop...what a werid day...so what now? we didn't drop as hard and actually came back.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3323125037607548189.post-13749847388091197172009-11-02T14:03:07.553-05:002009-11-02T14:03:07.553-05:00I think we could get that--If we violate the trend...I think we could get that--If we violate the trendlines, everyone will think we are heading down.<br /><br />So I'm looking for the gap down to coverPalmonihttps://www.blogger.com/profile/17670456087642069778noreply@blogger.comtag:blogger.com,1999:blog-3323125037607548189.post-28887404302577761082009-11-02T13:19:23.220-05:002009-11-02T13:19:23.220-05:00does a GAP down mean that the market will open low...does a GAP down mean that the market will open lower then move up?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3323125037607548189.post-55851437038861545712009-11-02T12:53:49.847-05:002009-11-02T12:53:49.847-05:00No not yet It looks like they are starting to hit ...No not yet It looks like they are starting to hit things a little bit now...I'm just hoping they hit it hard today, and then have a gap down.Palmonihttps://www.blogger.com/profile/17670456087642069778noreply@blogger.comtag:blogger.com,1999:blog-3323125037607548189.post-73989912013513264162009-11-02T12:18:48.824-05:002009-11-02T12:18:48.824-05:00Will you be covering shorts today?Will you be covering shorts today?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3323125037607548189.post-78174618643343592722009-11-02T12:11:11.541-05:002009-11-02T12:11:11.541-05:00I just suck at shorting--I have good staying power...I just suck at shorting--I have good staying power on longs, but I'm just a pussy on shorts.<br /><br />I don't buy the bearish long term thesis--so I tried to be cute and play the correction and it messed my trading up.<br /><br />I suppose that's why we only hear from the perma bears. They have to really believe in their thesis when the stocks go against them.<br /><br />I can be long a ton of stuff, and I can walk away from the screen and not even drop a sweat. I get short, and I stay glued to my seat.<br /><br />Probably because I believe in the long term bull market thesis.<br /><br />And I think that's what happens to the market. When you gang tackle a stock and short it--it's a pretty good rush--but if you don't have follow through selling the stock gang tacklers leave.<br /><br />Then later in the day, we have the hard core bears laying out some ammunition--after the weak kneed shorts get squeezed out on the first uptick.<br /><br />That's probably how today should play outPalmonihttps://www.blogger.com/profile/17670456087642069778noreply@blogger.comtag:blogger.com,1999:blog-3323125037607548189.post-76159578852417009712009-11-02T11:55:23.939-05:002009-11-02T11:55:23.939-05:00yeh i like nvtlyeh i like nvtlPalmonihttps://www.blogger.com/profile/17670456087642069778noreply@blogger.comtag:blogger.com,1999:blog-3323125037607548189.post-71682942635639739212009-11-02T11:55:08.879-05:002009-11-02T11:55:08.879-05:00It looks like Friday was just the year end dump by...It looks like Friday was just the year end dump by hedge funds with shorts piling on.<br /><br />USB gets another gift from the FDIC with their bogus loss sharing arrangements.<br /><br />I thought they would at least try and attack the financials but that's looking difficult--anytime a bank gets in trouble, you get another gift to the "stronger" banks when you have this receivership of the weak banks--and since the FDIC is basically out of money they do a loss ahre--how do you get in on that game??<br /><br />AAPL was the tell on the NAZ when it was weak--It looks like that is finally starting to stick a little bit here--but I'm just not doing muchPalmonihttps://www.blogger.com/profile/17670456087642069778noreply@blogger.comtag:blogger.com,1999:blog-3323125037607548189.post-12793374918027683902009-11-02T11:26:33.760-05:002009-11-02T11:26:33.760-05:00Do you still like NVTL?
What's your take on t...Do you still like NVTL?<br /><br />What's your take on today's action?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3323125037607548189.post-31774968921344095482009-11-02T09:47:40.425-05:002009-11-02T09:47:40.425-05:00Yeh I'm short a lot of them--including GSYeh I'm short a lot of them--including GSPalmonihttps://www.blogger.com/profile/17670456087642069778noreply@blogger.comtag:blogger.com,1999:blog-3323125037607548189.post-43516344042726164842009-11-01T23:15:20.796-05:002009-11-01T23:15:20.796-05:00Palmoni...so are you short quite a bit financials?...Palmoni...so are you short quite a bit financials?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3323125037607548189.post-75228594198604893722009-11-01T21:38:25.616-05:002009-11-01T21:38:25.616-05:00will CIT's announced BK have any impact tomorr...will CIT's announced BK have any impact tomorrow?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3323125037607548189.post-20787170938962858352009-11-01T21:10:13.004-05:002009-11-01T21:10:13.004-05:00what's your take this week? up or down?what's your take this week? up or down?Anonymousnoreply@blogger.com