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  1. J

    Buying PUTS on VISA

    I closed out the short on Ford, but never closed the FSLR trade which is going well for me. I did not sell the puts on Visa. It appears the Visa call was a train wreck and I shall recover and probably a swift recovery at that. Do not question JackStone54. HAHAHAHA.
  2. J

    Im buying Kraft Food KFT before the call on April 30th

    Haha. Dont laugh. Hear me out stonedinvestor. First, the one stock that did exceedingly well during the 2001 recession was Kraft foods. When the recession was over and the market bottom, then Kraft fell off a cliff and has been trading in a range ever since. It now resembles a reverse...
  3. J

    Warren Buffet: We are in a long and deep recession the likes we have not seen

    http://news.yahoo.com/s/nm/20080428/bs_nm/buffett_recession_dc
  4. J

    April 30th!!! PIVOTAL DAY!!!

    You have to take my posts in context. First, sometimes I write posts to get a stir out of the crowd and I find that quite amusing at times. I cut/paste stuff from the past from other infamous posters such as JackHershey, MichaelScott, Anekdoten, Tradertim/slopeofhope, TimSykes, Blackgard...
  5. J

    Should I do it? Bank of America BAC and Wachovia WB

    hehehe. Enough of the tangents. lets get back to the point. I got the idea about BAC and WB from the XLF top ten holdings list. Most of these stocks are trading at a discount from last year's highs and they will eventually be a buy assuming they are not a buy today. I'd sure like to...
  6. J

    April 30th!!! PIVOTAL DAY!!!

    GDP #s and FOMC consensus on WEDS! What you going to do when they release those #s. Combine these numbers with the lackluster and disappointing earnings season. Its setting up for the perfect waterfall selloff...
  7. J

    Should I do it? Bank of America BAC and Wachovia WB

    If you have come to a website looking for advice, then I seriously think you need to rethink and retool. Since when has this website not contained some form of spam or other useless banter. Name one time in the history of elitetrader where it did not contain some sort of banter? The...
  8. J

    Should I do it? Bank of America BAC and Wachovia WB

    Holygrail, You need to grow up and mature a little. Sometimes people ask questions and pose counter-views in order to draw out responses and observe how others are thinking. In this case, I really feel that both BAC and WB are not buys right now, but maybe in about 6 months when they...
  9. J

    Should I do it? Bank of America BAC and Wachovia WB

    Im looking for one good buy and hold stock. BAC is now trading at 2004-2005 levels and is way off its high. 6% dividend. WB is also way off its highs sporting a 5% dividend. Should I pull trigger?
  10. J

    The Importance of the 1400 level on the SPX

    This just sounds so much like 2001. We were constantly told how the bottom was in and this was just one of those corrections. There was money waiting on the sidelines. etc. Think what you want, but I dont believe the bottom is in just yet. Its too soon.
  11. J

    The Importance of the 1400 level on the SPX

    I think it was Makloda who said that a walk around outside can't help your trading. I took a walk around outside and saw many bank repos, lots of people getting laid off, jobs being eliminated, 4 dollar gas, slow stores/malls, etc. I dont see from either a technical or fundamental level...
  12. J

    The Importance of the 1400 level on the SPX

    Chart says it all. It appears to me as if we are in similiar period as late 2000/early 2001. If we break 1400 then we will probably retest the highs, but if we fail at this level then the next level down is the 1100 level. This is a level that has been mentioned many times here on this...
  13. J

    An Open Invitation to the HotShots on ET

    With so many traders claiming good fortune on a board that severely lacks good substance but is abundant on odor I encourage the hot shots of the board, you know who you are, to stop talking the talk and delivering something with essence to the forums on this post. Even if you have done so in...
  14. J

    Black Monday

    gitta luv it
  15. J

    Warning: The Next Wave Down Starts Now

    Honestly, I think walking and driving around town for some trading ideas isnt a bad idea. For example, Starbucks. Coffee disgusting, 1 drink costs over 5 dollars (short starbucks), McDonalds line always packed (long McDonalds)etc. etc. etc. A year or so ago, all those signs up around...
  16. J

    Reports Of Us Invasion Of Iran

    http://biz.yahoo.com/ap/080425/oil_prices.html
  17. J

    Warning: The Next Wave Down Starts Now

    I dont believe Im wrong on this call. Remember what month this is...April and the next one is May....just how many Mays have been bullish in the last 100 years? Right now the indexes are struggling to make it through the resistance, but I dont believe it will make it through....why you might...
  18. J

    Trader Tim from SlopeofHope states to short BIDU

    http://slopeofhope.com/2008/04/baidu_doji.htm Im not trying to advertise Trader Tim's website, but it appears he is calling to short BIDU. I am not neccasarily a bear, but I know we are in a downtrending market rather then an uptrending one. Trader Tim has made some great calls these...
  19. J

    Bull are pushing Big White candle up...

    Im not saying to ban the poster, but suspend him for a week to allow him to cool off from spamming.
  20. J

    Bull are pushing Big White candle up...

    Question. If you as the moderator feel so strongly, why not do something? Ban the poster, suspend the poster's IP address for a period of 2-4 weeks as a cool-off time? Delete the thread, lock the thread etc. I know that Baron makes money off of controversial posts more so then legitimate...
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