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Right, .27 according to E-Trade's #'s. That's almost a 75% hit. So to act like it's not substantial is simply not true. Everyone's acting like asset devaluation is something that has no impact on anything.

Yeah 4 points downside risk. However, it's all percentages. Points mean nothing. If points meant something why not buy some penny stocks. I mean seriously. What kind of comment is that?! Downside risk is only 4? Comon. Unless you're looking for a gamble (in which case that's fine)...

Not much downside risk?! Are you kidding? They said the same thing about Lucent and Worldcom back in the bubble.

The crux of the matter is that you cannot market...(therefore value) worthless assets. It's more than an interest rate problem. It's a combination of ARM resets, and not being able to market assets that were previously worth SOMETHING. The books on these companies were "cooked". No one...

ooooooo never mind then! If Bill Gross think's it's right then it must be! Whew, Im glad we've got him on the situation.

I know no one wants to hear this, but I dont think ETFC's worth $4. Stated this before. Really think it's heading back 3's until someone figures out what kind of writedown they'll have. Best of luck though.

SOLF +13% today. Nice one bud! Hope you did well. Not a bad way to finish a Friday. Made my day :)

INFA, just a hair off those new highs. GL anyone holding. Roughly 16's were where I picked it up on the scan. Market also held the trend-line. Looking for a continuation Monday on this. Overall, INFA proves that this system is still working well. HOWEVER, the way I was previously...

Yup, similar expectations here at the moment.

Thanks. Appreciate it. I agree. I think we could go either way. Any fade of the trend here should be done at a reduced size (forgot to mention that). Still a lot of potential for upside, esp if the FED does in fact cut 50. SPY did pull back today however, so Im looking for a...

ughhh he's such a piece of work.

No need to post it. I know what that guy is like. He's an asshole. I dont know what his agenda is, but i've never seen somebody so crazy.

Damnit, you of all people have no clue what you're doing. Your PM and responses to some of my posts prove that. You are a nut.

What the fuck are you talking about? It's more than that. That has got to be one of the stupidest fucking posts I've seen today.

INFA..holding well. Not in, but expecting some new highs on it. Tweaked the system a bit. I now realize it was semi- doomed from the start for daytrading (which was what I did heavily). Position sizing was a HUGE issue that I didn't have a solution for until now. My CROX blunder was a...

Based on what I'm looking at here, this was the last leg. Tweaked the system a bit. Just a test to see if I get a confirm on the trade.

I think he's right. HOWEVER, man I hate the sound of him. What a moron.

SOLF still in buy territory. Looking for any resistance break. Any shorting should be done at a reduced size IMO.

That's what I was thinking

Yeah... tough question.