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If you want to play Oil drillers play OIH, it consists of all these companies. One volatile son of a gun. Now its on the up move, you can bet it will go up to 190 where it was and much more. I am juicing it everytime it moves 5 points, I move up in my spreads. Its ladder making a Ka-ching sound.

Nobody pushed anything on anybody. These homeownere knew what they had been doing, using their home as credit cards to finance a lifestyle. These people kept doing it till the candle burned out . Once the candle went out , they can't afford the payments. Real estate valuations didn't increase...

There are numerous type of gamblers and thrill seekers and they would love to blow a wad of bills for the sake of it. Most accounts at brokerage houses close in six months or less. Just look at AMTD and see how many accounts they have opened and closed. They are always hard pressed like used car...

Now go chase your lipstick painted hookers in your Bentley and dine Mortons tonight. Just don't come back, thats all I care.

Listen moron, The sell program hitting SPX at 12:45 PM Friday 8/31/2007 had nothing to do with Bernanke. I have all the news on my computer screen. I had been in the trenches all day. Narrowed those wide and bids just as my post says. I stand behind my strategy and it works. CBWONK, you...

Ahhh the day was very successful. Narrowed down those wide gator mouths, less meat, lots of hard stones to chew. I kept hitting one and twos in 1400 series SPX puts today. I would narrow down the bid to 9.00 to 9.50 and kept hammering them till I got out of my entire position. The market...

Ahhh the day was very successful. Narrowed down those wide gator mouths, less meat, lots of hard stones to chew. I kept hitting one and twos in 1400 series SPX puts today. I would narrow down the bid to 9.00 to 9.50 and kept hammering them till I got out of my entire position. The market...

First define what is a successful trader? The definition is so chaotic and ambiguous. There is no secret formula or holy grail in this line of work. There are successful selfish traders who wrongly think, they know what others don't and that is such a wrong line or reasoning. Those people are...

I read the original post, went back to the market, took my money and ran for the exits. Good advice.

Why would anyone should be buying stocks when the market is going down? I would be shorting these clowns to death. Trading bear call spreads and buying puts on SPX and RUT, SOX.

Can you buy groceries for the weekend? I am concerned about you.

You are a certified lunatic. You have no self respect or self worth. Go ahead make us sick with your illness, I am counting on you!

Most people are not honest. They are still not honest to the losses taken. Its been a brutal month in trading. One of the toughest month this year in 2007.

Next year would take a bongo beating vacation with money managers or go on a fly fishing trip to Montana's streams or go snorkeling with Sting Rays in Cayman Islands. I will do what the money managers do. Put my cash in T-bills and money market accounts earning a safe 5 % a year. No need to...

A thread that wasn't meant for non SPX traders. I hope you can bring in some more nasty girth and devaste us perhaps?

Can we safely assume that was your last contribution to the thread ?

Down $ 15,000 cold hard cash in the account. Though I have 20,000 in written options expiring in 24 days if all goes well. Not playing the market, not taking any more risks, staying put, staying clean, till the money managers come back from bongo beating vacations and Idaho fishing trips...

Depends what kind of orders arrive at Hedge Fund desks. They may decide to pull it up or push it down. The jockeys can play in either directions. Wait till 3.30 PM to confirm it. Thats when the surprise is sprung on waiting and tired masses.

With that program trading hitting at 3.30 PM Eastern, all these tall Palm trees bend a little. So don't feel bad, these stocks will go up in leaps and bounds when the wind blows the other way. GOOG cannot go down below 500 that is some kind of invisible line resistance.

People in general who post frequently are lonley, unhappy and angry. With Internet they can express that emotion, in real life they will sit like cubicle monkeys eating crap from all over the place. Internet helps them in a subtle way, releases that pent up emotion and negativity which you see...