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    Is this right time to Short PALM?

    I dont see how this product is different than any other product. There are countless varieties of car stereo's to choose from to satify the variety of appetite. The Iphone is not perfect and nor is the rimm. If it lives up to the hype, The Palm may be the best smartphone of the lot. Thats what...
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    this market is headed lower

    Yup, my dad is an investor and he is very frustrated. He doesnt see the market going anywhere and good companies dont seem to rise above all this. I just trade and take profits daily and maybe soon he will see the light and do a little trading as well. You can only deal with what the market...
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    im long some RIMM

    Yea ill watch it monday. If futures look bad, Ill use larger buying intervals if the opening action looks ugly. But I know it will roar right back.:D
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    this market is headed lower

    If we were only halfway up or halfway down, then edges would be a big problem. Then trading discipline and small losses are vital to not going broke. But we are at the bottom. The downside is very limited for longs. They say we could see a low retest. But that is only 2 big down days away. And...
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    Exchanges closed , how much time was warning before closing down ?

    And where did you go to to confirm those 4 consecative closing dates? Did you just simply look at the calender and assume? If you are going to jibber jabber, why dont you explain why you think I could be wrong. To simply post to try to shove words back into my mouth does little more than confuse...
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    Exchanges closed , how much time was warning before closing down ?

    It could happen. If we wake up monday morning and Obama comes on TV and says he padlocked and nationalized all the banks and saved the economy. The sell off will be so huge those circuit breakers will pop and the markets would shut down.
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    Exchanges closed , how much time was warning before closing down ?

    If you really want to know which regulation, your going to have to look it up yourself. But I am quite sure Federal law forbids 4 day closings except unavoidably 9/11. That is why they are open short days after thanksgiving and before Xmas. Thats how they cheat to half way get their 4 day...
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    this market is headed lower

    The way I see it we are at the bottom in a trading range that everybody has seen before. No real surprises left. Everybody knows more bad news is coming. We have heard so much bad news, that people are pretty numb to it. So, we need a spark to pop us up a bit. Less bad news, something signed by...
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    Exchanges closed , how much time was warning before closing down ?

    Probably everybody ran and they halt trading immediately. The exchanges dont warn people so they can dump their portfolio before pulling the plug. But they had to open the next day for at least a shortened session per federal regulations because they can only be closed 3 days in a row.
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    im long some RIMM

    I bought more dips down to 55 and sold them all at 56.50. I dont know for certain when this thing will go down to short. But I do know when it dips, it roars back up in spades, Its easier to play longs. They are always profitable for the time being. I expect this all the way till earnings...
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    Day Trading Thoughts For Fri. Jan. 30

    Jees, when does the muted part of this choppyness kick in. Another big Rimm pullback followed by the surge back up. Making good money but looking for an adrenalin breather here... Just seen the headlines. Now that the infrastructure stimulus is getting all screwed up, Obama says that is only...
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    Day Trading Thoughts For Fri. Jan. 30

    Man this is great info. Thanks for posting these trading tips. Ill have to print out these previous posts and see how many new strategies I can learn. And yea, RIMM is going places. I buy all the dips and sell the tops. But cnbc's crammer is whipping up a frenzy on this and earnings appear to be...
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    Why are GM's notes trading as low at the stock?

    I don't think any of it is safe so I don't mess with it compared to other choices. But I wouldn't say the common stock is doing nothing. In the past 2 weeks that stock has bounced around between 3 and 4 bucks and people are trading it. I suspect the prefered stock doesn't get this kind of...
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    Why are GM's notes trading as low at the stock?

    In the business world, you cant be flipant about paying your debts. Its very bad business. To retain any measure of credibility, you must always at least act like you tried everything you could to pay your debts. You are right in that these companies could blow everybody off but then the...
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    Do You Think Trading is Gambling?

    Yea its gambling. You put your money down and bet it will be worth more the next day. But with a lot of homework and research, the odds can be heavily in your favor. Just because you are smart and you mostly win doesn't mean its not gambling. But, then you have to ask, so what if its gambling...
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    Day Trading Thoughts For Thurs. Jan. 29

    Hey Azzzy, to be a better trader, you have to make it your business to know what is going on BEFORE you pluck down your money. You don't want to loose your money do you? Otherwise, you may as well head to vegas and simply spin the wheel. Information is the key to help you make money...
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    Why are GM's notes trading as low at the stock?

    Yea, I am thinking the Central Bank is concerned if they do something to wipe out the common stock, it will impact any possible future private investors from venturing forward for any company in distress. Destroy auto stock owners, and bank stock owners will be quaking in their shoes. The...
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    Is this right time to Short PALM?

    I really like that phone. Big screen and keyboard slide out. And if it turns out to run apps better than the storm, Ill be drooling all over the place. Too bad it doesn't have a card slot. I really like to load stuff in on cards, like movies. But ongoing support and updates are key so I hope...
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    im long some RIMM

    Oh yea, he's right. There is just too much excitement over this stock so you cant tell when a safe short is and how far down it will go. Shorts from $56 would have been nice but its a crazy bet right now. As soon as the market turns, (in an hour?) everybody and their mother is going to pile in...
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    Is this right time to Short PALM?

    There are several ways to look at this stock. If you are strictly long term and you are bottom fishing for your later years, then this is too soon to be calling this a bottom in this stock. But if you are trading only, this thing will be up and down like a yo yo so you got to keep up with all...
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