Stock Market Thread - ALL COMBINED

[dawgball]

that's st. patrick's day. .....that's a lot of drinks.:toast:

i doubt i will be in be in vegas, but i'm very tempted.

smurphy - i've been thinking about your DXO/DTO play.

Are you rebalancing it now since it is so wide spread?

I'm thinking that they both will eventually get back to $24. So rebalancing by dollar amount (not number of shares) would have you making more money on DXO on the way up than you lose in DTO.

Thoughts?

 

[smurphy]

smurphy - i've been thinking about your DXO/DTO play.

Are you rebalancing it now since it is so wide spread?

I'm thinking that they both will eventually get back to $24. So rebalancing by dollar amount (not number of shares) would have you making more money on DXO on the way up than you lose in DTO.

Thoughts?

I don't see how DXO could get to 24. That's when oil was flirting with $150. ...Then again, I'm still not fully understanding the the way it reacts to the futures anyway.

I rebalanced after the first 2 weeks. It made the losses the next week worse because I was no longer favoring the DTO side and DTO continued to kick DXO's ass.

Last week was awful, but this week appears to be starting out great- outperforming the average. Perhaps it is getting back to where it's supposed to be? :shrug: . I'll just keep it going as is for now....

 

[vinnie]

SRZ 2:53 PM ET 0.86 :0corn

 

[MadJack]

Bush must have done something to spark this market rally :shrug:

 

[BleedDodgerBlue]

I'm in with the old folks home for 5k shares at .87

I think they might announce electronic scoring shuffleboard to be added at most complexes when they announce earnings?

 

[vinnie]

Bush must have done something to spark this market rally :shrug:

Bush knew this was going to happen :shrug:

 

[DOGS THAT BARK]

Bush must have done something to spark this market rally :shrug:

Believe it was Bernake by all reports I've seen--glad Geither was thrown under the bus.

--I'd be optomistic for tomorrow if not for speech tonight.


Bernanke spurs Wall St rebound as bank fears ease
Reuters - 29 minutes ago

NEW YORK (Reuters) - Stocks rose more than 3 percent on Tuesday to snap back from 12-year lows, after Federal Reserve Chairman Ben Bernanke delivered a big dose of relief when he signaled that nationalization of big banks was not at hand.

 

[MadJack]

Believe it was Bernake by all reports I've seen--glad Geither was thrown under the bus.

--I'd be optomistic for tomorrow if not for speech tonight.


Bernanke spurs Wall St rebound as bank fears ease
Reuters - 29 minutes ago

NEW YORK (Reuters) - Stocks rose more than 3 percent on Tuesday to snap back from 12-year lows, after Federal Reserve Chairman Ben Bernanke delivered a big dose of relief when he signaled that nationalization of big banks was not at hand.

wayne, i was kidding :SIB

 

[MadJack]

I'm in with the old folks home for 5k shares at .87

I think they might announce electronic scoring shuffleboard to be added at most complexes when they announce earnings?

:00hour

 

[dogface]

ACTC had a nice recovery, I expected it to be at .08 when i got home the wway it was going. Happy to see .135.

I know it is a hold stock, I am just saying!!

dogface

 

[smurphy]

Believe it was Bernake by all reports I've seen--glad Geither was thrown under the bus.

--I'd be optomistic for tomorrow if not for speech tonight.


Bernanke spurs Wall St rebound as bank fears ease
Reuters - 29 minutes ago

NEW YORK (Reuters) - Stocks rose more than 3 percent on Tuesday to snap back from 12-year lows, after Federal Reserve Chairman Ben Bernanke delivered a big dose of relief when he signaled that nationalization of big banks was not at hand.

Tomorrow is probably down no matter what Obama says. The last 3 single day bumps like this have been followed by drops. If people can make a dollar on a given day they usually take it.

 

[dawgball]

I don't see how DXO could get to 24. That's when oil was flirting with $150. ...Then again, I'm still not fully understanding the the way it reacts to the futures anyway.

I rebalanced after the first 2 weeks. It made the losses the next week worse because I was no longer favoring the DTO side and DTO continued to kick DXO's ass.

Last week was awful, but this week appears to be starting out great- outperforming the average. Perhaps it is getting back to where it's supposed to be? :shrug: . I'll just keep it going as is for now....

Yeah. Not so much $24. My post was confusing. I was typing as my brain was processing.

What were the two at when oil was around $60-70?

That would be my target "control" number for long-term.

 

[dawgball]

Jack - do you always have to bring politics into a thread?

:0corn

 

[MadJack]

Jack - do you always have to bring politics into a thread?

:0corn

:shrug:

 

[smurphy]

:shrug:

:142smilie :142smilie :142smilie

jack is not politically driven:nono:

 

[smurphy]

Yeah. Not so much $24. My post was confusing. I was typing as my brain was processing.

What were the two at when oil was around $60-70?

That would be my target "control" number for long-term.

i don't know. if there is some panic athat pushes oil to 60, i figure dxo will prolly be about 6 ? :shrug:

 

[dawgball]

:142smilie :142smilie :142smilie

jack is not politically driven:nono:

was my post not obvious sarcasm?

 

[dawgball]

i don't know. if there is some panic athat pushes oil to 60, i figure dxo will prolly be about 6 ? :shrug:

Rough estimation would be DXO = 6; DTO = 65.

Does this sound about right?

 

[vinnie]

Home prices plunged 18% in 4Q, the biggest drop in 21 years :sadwave:

 

[vinnie]

:00x11