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  1. B

    EEM - short before close

    S&P <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1784659>
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    EEM - short before close

    Folks, EEM is a major short here. Also, check out S&P chart relative to EEM. S&P year 2007 - now is fairly similar to EEM June 07 - now. Head & Shoulders patterns on each. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1784654>
  3. B

    average cost

    $3.35 * 1,000 = $3,350 $3.45 * 500 = $1,725 1725+3350 = $5,075 $5,075 / 1,500 shares = Your Answer Go do it yourself so you'll learn it better (and don't forget commissions)
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    Inquiry for a firm

    I've been looking for a firm which will allow me to trade remotely through Excel or a simple platform. *$5,000 deposit seeking 10:1 leverage *No license (must be non-professional w/data agreements) *No non-compete agreement *No intellectual-property agreement (meaning you don't get mine...
  5. B

    Can You Feel It?

    I wouldn't be banking on a turnaround just yet. The main issue right now is the bond insurer uncertainty. If the insurers A-don't lose their credit ratings or B-get bailed out, we'll see your rally. If they don't then we will certainly see alot of downside. Let's remember that it's not just...
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    How are you playing the DOW into close today?

    I'm keeping my MAR $25 C Puts (bought at $0.56), staying short the broad market (QQQQ, SDS) and covering my snap-backs (FSLR). Potential for a crash is too great here. If you're worried about a huge rally, pick up the proper amount of OTM Calls on SPY, QQQQ or go long some Options-on-Futures...
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    WE NEED ANOTHER RATE CUT NOW STAT!! 50 points

    Just make the Fed Funds rate 0.00%, forgive all current debts from everyone, and let's all move on.
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    What's your exit strategy?

    Couldn't you take tighter profits?
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    i need a good broker

    I use optionsxpress.com and it works alright.
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    wonder if today has a late day crash

    I agree with your forecast for the day. Q1 is going to be finish fairly ugly as firms will need to re-price their models on companies due to recession-level earnings. Valuations are still a bit too high. Check out the attached graphic from an article on SeekingAlpha.com. One could argue...
  11. B

    lowest ISM number since oct 2001

    Strong manufacturing makes logical sense with our weak dollar. The service figure was expected to be weak (albeit, not this weak)
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    lowest ISM number since oct 2001

    finally, for all of you friggin' non-realists who thought our economy wouldn't see a drastic slowdown / recession despite all of the absurdly negative happenings - this is the beginning of what will be insurmountable evidence.
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    True Prop Firms.

    Goldman Sachs Morgan Stanley Natexis Blr etc. etc.
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    SEASON 2, thursday TV WALLSTREET WARRIORS

    It would be better if they chose characters more carefully. The kid from Florida is not business savvy at all (example: he thinks it's a mistake to miss one relatively small trade to meet with a potential client which would boost capital under management by >5-10%). I enjoy having a day...
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    I don't buy this rally

    I've got 6 QQQQ Feb 44 Puts open at $1.17. with the Durables coming in strong and the stock market remaining elevated as it has been, I'd expect a 25bp cut and a disappointed reaction from the street. Thoughts?
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    Help this fella out

    Hi Self-sabotage is a prevalent thing in all walks of life from athletics to trading to family. One simple suggestion that may help you is to have a reason for the earnings. Keep setting goals such as: I will earn $75,000 for a new vehicle. I will earn $5,000 this week to pay for...
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    Cy Group any info appreciated

    2Trades Be sure to read their full contract. I've been working on a deal with them for a little while now but hit a snag due to some of the requirements in their contracts that they asked me to sign. Don't get me wrong - they've been up front and honest about everything I asked them about. In...
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    Someone gives you $50,000. Where do you put it right now?

    Prepare to plop it into a rental / vacation property.
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    hit my goal, now what???

    Don't ask for advice on this. If you've made $3mil+, you should know what you're doing. RE prices are coming down - perhaps diversify and take a few months off per year.
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    Go long now, then short just after Fed meeting?

    Market is still missing a selloff. The one from Tue following MLK was a false bottom. I could see the street and I sharing the same view that the Fed can only do so much in the short term and rallies are no longer opportunities for the long side - now the short or closing out longs.
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