Stock Market Thread - ALL COMBINED

MadJack

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looks like motley fool gave SRZ a nice boost :00hour

$2.95 :scared
 

MadJack

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i'm geting bored with GE and have a lot tied up that maybe could make some money somewhere else. thoughts?
 

IE

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been watching this one, maybe take a look into:

NYSE:NE
 

dawgball

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i'm geting bored with GE and have a lot tied up that maybe could make some money somewhere else. thoughts?

Start writing covered calls against them.

1. Create monthly income on the stock you already own
2. If you get called out, you're not really concerned as you are debating selling it now.
3. This vs. selling now guarantees you a better price if you are called out (but it does keep the stock tied up)
4. Or look at it as lowering your initial cost as you go
 

StevieD

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Start writing covered calls against them.

1. Create monthly income on the stock you already own
2. If you get called out, you're not really concerned as you are debating selling it now.
3. This vs. selling now guarantees you a better price if you are called out (but it does keep the stock tied up)
4. Or look at it as lowering your initial cost as you go

I got rid of some of my srz at $3.00 to free up some money. Made a decent profit on it.

That covered call thing sounds interesting.

Keep an eye on ONT it's making noise again.
 

MadJack

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It's a long so you don't need any in your cash account :shrug:

i know but that's where it is right now. i'm holding because i can damn near margin the whole amount anyway :shrug:
 

MadJack

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guys, take a look at BEE and SGI because something might be going on :shrug:
 

dawgball

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I could be wrong (again) but I don't think this market goes up much further from here.

I think it's time to take a little money out of the market for the short term.

I am currently a little less than 60% cash with only GE and ONT as my current plays.

Definitely kicking myself for getting out of SRZ at 2.25, but.... oh well.

I am ALWAYS open to trades, though. Just not real long on anything.

Have covered calls written against my GE shares.
 

MadJack

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I could be wrong (again) but I don't think this market goes up much further from here.

I think it's time to take a little money out of the market for the short term.

I am currently a little less than 60% cash with only GE and ONT as my current plays.

Definitely kicking myself for getting out of SRZ at 2.25, but.... oh well.

I am ALWAYS open to trades, though. Just not real long on anything.

Have covered calls written against my GE shares.

i've heard a lot of people say if it hits 9000 people won't be able to get their money in fast enough. they don't want to be left out. i'm sure as hell glad i got involved when i did. still alotta money waiting on the sidelines :shrug:
 

dawgball

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i've heard a lot of people say if it hits 9000 people won't be able to get their money in fast enough. they don't want to be left out. i'm sure as hell glad i got involved when i did. still alotta money waiting on the sidelines :shrug:

That's my main problem with it. Too many people are saying the same thing. I simply don't think it's true.

You got out of the mutual funds at the right time!!!!

But the right time to get out of mutual funds is ANYTIME!!! Fecking crooks!
 

MadJack

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That's my main problem with it. Too many people are saying the same thing. I simply don't think it's true.

You got out of the mutual funds at the right time!!!!

But the right time to get out of mutual funds is ANYTIME!!! Fecking crooks!
and the other half are saying we'll see 7000 again :mj07:

btw, srz is still going to double from here :SIB
 

dawgball

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and the other half are saying we'll see 7000 again :mj07:

I would say somewhere around 80% of the talking heads in the media are talking bullish.

This is also predicated that I stopped watching all that shit because of the constant pumping of the bullish sentiment.... and Larry Kudlow makes my blood boil. :)
 
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