Trading: Week of January 12, 2009

[smurphy]

I'm also considering going halfsies on my account now.

half = DXO
half = SSO

I bought SSO last week. .....Yeah, better to buy now than then.

 

[smurphy]

I see the Citigroup bailout is working.

 

[dawgball]

http://finance.yahoo.com/q?s=bac

:scared

 

[MadJack]

this is getting very ugly. :scared

 

[Captain Crunch]

http://finance.yahoo.com/q?s=bac

:scared

Watching that in "Real Time" is scary. WOW

 

[MadJack]

I see the Citigroup bailout is working.

looks like all that did was spark the market temporarily. now we're back in the shitter again. what a mess!

 

[vinnie]

looks like all that did was spark the market temporarily. now we're back in the shitter again. what a mess!

good buying weather :shrug:

 

[MadJack]

good buying weather :shrug:

when the bleeding stops, whenever that is :shrug:

 

[smurphy]

I was doing pretty well with my trades until this 7 straight down days run. Getting buried now. Looks like market will find some new lows.

 

[vinnie]

I was doing pretty well with my trades until this 7 straight down days run. Getting buried now. Looks like market will find some new lows.

Don't let Julene know she thinks ur chunked :shrug:

 

[vinnie]

Oil prices fall below $35 a barrel Thursday as new employment claims rose and government reports show that unused gas and oil inventories continue to build.:0corn

 

[MadJack]

i am tempted to just move in on CAT and forget about watching the market all day every day.

any thoughts?

 

[MadJack]

back to the 7000's

 

[smurphy]

i am tempted to just move in on CAT and forget about watching the market all day every day.

any thoughts?

lea is almost 1 again.:shrug:

 

[MadJack]

lea is almost 1 again.:shrug:

haha

bought that strictly on the auto bailout possibilities and luckily it worked out.

 

[dawgball]

Oil is moving down too slowly this time intra-day. I think this is the reason why we are not further down in price on DXO.

I'm debating on starting my first re-buy here at 2.75.

And SSO is looking quite tasty.

 

[MadJack]

bought today

500 CAT
500 CMI
500 DRYS

to sit on

 

[MadJack]

bought 10000 SRZ

to sit on

 

[MadJack]

now we're talkin :00hour

 

[smurphy]

If BAC gets their TARP, what do you think the stock will do? It's been beaten down, but it still seems much more stable than Citi. Could be good opportunity for quick profit.:shrug: