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  1. 1

    Say GoodBye to Countrywide

    There goes another intraday low. $12.73....ooops spoke too soon it just keeps falling $12.68...:D :D :D :D
  2. 1

    Say GoodBye to Countrywide

    """"""Countrywide said late last week that a downgrade in its credit rating to below investment grade would serious impair its ability to fund its operations. Countrywide's credit ratings stand just above the junk level.""""" CFC's business is not,,, well intact. The business has multiple...
  3. 1

    Say GoodBye to Countrywide

    That's hilarious. What a bad call. You can't be any more wrong than that. ]Cramer: Countrywide Still Looks Like a Buy http://www.thestreet.com/markets/activetraderupdate/10337257.html [/B]
  4. 1

    Say GoodBye to Countrywide

    :D :D :D :D This stock is on the move and you guessed it,.... it isn't up. For Shits and Giggles let's play guess the bottom in the stock. I know this crap will be wallowing away for months and a bottom maybe months away as many new surprises will be coming out any day for CFC and the...
  5. 1

    Trading Platforms Pros and Cons - What is your favorite trading platform

    I use IB's Trader WorkStation as my trading platform. I get market data from IB fed into QuoteTracker for Technical Analysis and Charting. All I need....works great.
  6. 1

    POLL: What was your best trade ever?

    You know..... this guy does start a lot of somewhat irritating polls. But if you don't like em don't respond. BUT if he is somehow benefiting from it then I think....God Bless Em. My best trade was buying 50 Call Option Contracts on Triquint SemiConductor at $3( Late 1990's). Sold a day or...
  7. 1

    Trader's Accounting?

    I am a full time trader. I have an accounting/tax back ground. BA Economics and Accounting, Master's in Taxation. So I know a bit about this. I would recommend doing your own returns. Individual taxation is not that hard, keep good records. Get Tax preparation software for your tax...
  8. 1

    why CHINA'S market will crash ---

    Bubbles pop for a reason. There has to be some sort of mechanism to trigger it not just over valuation. It will take some sort of economic down turn, global economic recession....FEAR of some sort. FEAR reverses rampant bull markets. Watch for some sort of catalyst to pop the bubble. Till...
  9. 1

    why CHINA'S market will crash ---

    Now that's Funny! U.S blackjack table.... I stated this very point out a few weeks ago on here. The fact that the Chinese are huge gamblers, new to capitalism, financial markets, and I doubt few have a clue as to what is in store for them. The bubble will pop sooner or later. They always...
  10. 1

    thank god for the Pattern Daytrade Rule

    And you find this terribly upsetting? HeLLLLLooooooooo Wackooooooo!
  11. 1

    Honestly, its possible to daytrade choppy days like today?

    i shorted the gap open in the housing stocks....worked quite well. choppy markets can be tough....
  12. 1

    Double short China ETF

    Exactly right. Short China Stocks? Why do people continuously try and pick tops or bottoms? It is a sure fire way to lose money$$$.
  13. 1

    can someone start a POLL...who is the best trader or gives best trading insight at ET

    Hey who was TimmmaY AND what was he trying to peddle? Is he another self professed trading expert/ guru trying to sell a book?
  14. 1

    Traders Expo Las Vegas Nov 15-18

    Anyone ever attend one of these in NY, LV or LA? http://www.tradersexpo.com/ How are they? Worth attending? Fun? I'd like to jet into NY or LV for one of these Trading Expo's. Good excuse to hit LV or NY for some partying and maybe catch a presentation or two. I got an email invite...
  15. 1

    Quote Tracker

    Backfill takes a click of your mouse button. No?
  16. 1

    Smart Money' Investors Sense Value In Subprime,Eye New Funds

    It's the greater fool theory. If they can find some overseas suckers to unload the crap onto.
  17. 1

    Countrywide: downgrade could be crushing

    Shorted the gap open 2000@14.37///closed $13.48. CFC is the one out of the 2+ dozen housing sector stocks heading south. $13.50ish at the moment. Shorted 2000 PHM Hov, 1000 Ctx also, covered at 7:50. Trade the market and sector volatility. Very easy to do.
  18. 1

    Americans say no to subprime bailout

    The majority of subprime mortgage holders should never have gotten those loans in the first place. They had no assets, no down payments, no income, no job etc and belong back in apts.
  19. 1

    Countrywide: downgrade could be crushing

    That was one of over a dozen entries and exits on both the short and long side in CFC, HOV, Len, CTX, KBH, PHM......today. They have been great for traders. Buy the sell offs, short them into strength. Havin FUN making $$$$$.
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