Search results
-
M
Bond insurer counterparties meet with regulators in New York
No went long ES at 1276 this am stopped out at 96.50 and stopped again for a few more points and then long again at 1304 with a target of 1365. Also have QQQQ, HPQ, and EEM Calls that I bought Thur and Friday that are just about back to BE. My core position has been EEM 09 Puts since Dec and I...- Mvic
- Post #4
- Forum: Wall St. News
-
M
Bond insurer counterparties meet with regulators in New York
Just the fact the problem is being seriously address is enough to generate some optimism. Its unlikely that now an active solution is being sought that there will not be some good news of deals reached soon, this is the peice of the puzzel that needed to be addressed for the market to move off...- Mvic
- Post #2
- Forum: Wall St. News
-
M
Some thoughts on the stockmarket
Agree with all your points and am looking for at least 1365 myself on a bounce. The one issue I have is that there is still a great deal of uncertainly in the credit markets and things are not improving but deteriorating with more downgrades expected from the credit agencies. This could set off... -
M
Market still down? Gloomy childs misc temper tantrum
The ET ignore feature is a beautiful thing :D -
M
CSCO- Calling all you value guys
Where would you value investors start looking to buy CSCO for a long term investment? My plan has been to wait until the SOX (it is the chart that has been telling me what to do for the last few months) goes under 300 and start $cost averaging in to a position. -
M
KO MO getting whacked...very interesting plays perhaps
If funds thought that this is a major buying op it would make sense. Sell the defensive stuff and rotate in to better opportunities. Could be where the money buying the financials is coming from, on the other hand tech is getting killed. -
M
Market still down? Gloomy childs misc temper tantrum
Try turning off CNBC and pick up a financial newspaper. What is going on in the credit markets might come as a bit of a shock since you seem to be compeletly unaware as to why markets are not eager to bid stuff up when the rug could be pulled any day. When you have Bush, Paulson, Bernanke... -
M
Market still down? Gloomy childs misc temper tantrum
Yes the lackof fiscal leadership and responsability this country has exhibited in the last few years has me gloomy, my $ have lost 30-40% of their purchasing power because of it but I suppopse I should just wear a happy face and the Europeans will sell me crap at a discount. If io smile really... -
M
Buy BSC/financials
Well constructed trade Cutten, sounds good, thanks. Congrats on your Nikkei buy. Good trading. -
M
Market still down? Gloomy childs misc temper tantrum
A positive attitude doesn't get rid of real problems, it take decisive action by those in position to act. In this case it is Bush, Paulson, and some others who can put investors faith back in to the US credit markets. The reason for the gloom is that those actions have not be taken ( or even... -
M
Buy BSC/financials
One thing financials have going for them is that trading volumes have exploded. If I had to go with one though it would be GS. Why BSC in particular Cutten? -
M
Trichet: "ECB Still Focused on Fighting Inflation"
Lol another European idiot. If the ECB crashes global markets how do you think Europeans and their savings will do then you class A moron :D- Mvic
- Post #17
- Forum: Wall St. News
-
M
futures leaving bulls dismayed
Come on people, obviously we had to retest the lows especially with that apple outlook. Now we have a nice double bottom to trade off of. I have a bearish outlook for the next year at least but we should bounce here in to the end of the month. The pre open bids are not nearly as harsh as they...