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Is anyone playing AMZN today? If so, are you going long or short? Thanks.

Can someone direct me to a website that would provide honest and fair commentary regarding inter-day market movements? I try to use marketwatch, but they sometimes frustrate me with their bias coverage (at least, bias to me!). I want something that would be free and would have quick...

I am curious to gauge opinions on the issue that bad news has been priced in for a while. It seems everytime the past week or two some negative economic news or possible earnings shortcoming arises, it's is brushed off. Stocks have been trading around even the past week, even with much...

Finally the FED makes a better decision. .75 is better than 1%.

Ha, shave his beard! Good call. 100 basis points. Market rises on the news and ends the day around +300 on the Dow. Tomorrow another good day with V IPO and then trend downward toward the end of the week. Just my two cents.

Western, agreed. And let me commend you on your excellent earlier post. Nice job.

What in the world happened with BSC? Can someone shed some light on this for me? Thanks.

cr, YES. i would also be a little wary depending on your time frame. if we get a 50 pt cut, then a small bounce. a 75 and we get a 200 pt rally. but i would sell into either. but if you are short term, just be prudent of this cut. just my .02

jwcapital, I share your sentiments. I'm currently with Scottrade and although they have been a reliable broker for me, their options commissions are killing me. So I'm looking for someone else too. I've looked at ThinkorSwim and IB. I haven't loved either, but I'll probably end up with...

Can someone explain to me what this move does today and it's ramifications for markets? We know the consumer is toast, housing prices are plummeting, the dollar is dead, etc., so what about the Fed's move today caused this spike in the markets? Thanks.

After the Dow being off around 1K points over the past week to ten days, a rally (though Fed induced) was to be expected. Anyone shorting heavy here or waiting for some more positive movement?

I'm short AMZN. It has dropped 35% from it's recent 52 week high, but I still think it can go down another 10-15% if not more. I just can't justify a tech consumer play with a 60 P/E in these kind of environments. I also like FXP and SDS. Good luck.

Maestro, response noted. I'm trying to just drum up some discussion. Slow day at work!

LOL, less frustrating indeed. Seriously though, where do you think we test lows? I'll go with another 15% by summer and then a gradual recovery. Any thoughts?

Well, without the unnatural market conditions stepping in, they would be doing just that. I'm not lamenting the fact that I can't always predict the markets. I'm lamenting the fact that sometimes, the FED for instance, doesn't let the market naturally play out. And yes, I do realize...

The bears get what they expect and have traded on (recessionary job #s) which confirm the negative economic environment, and to ease the natural blow, the FED comes out and decides to throw more money in the system. Sometimes it feels like you can't win! I do realize this is a temporary...

MSCHLAU, What other opportunities are you looking at for shorts? JC

With it's +60 P/E, a 1.8 plus PEG and these market conditions, what do you see for AMZN in the coming months? I am considering buying some puts, but I wanted to see if anyone was a bull on the stock. Thanks!

Weisman, what prop firm do you use? I am interested in doing something similar to what you're doing, but I don't know how to get started. Any suggestions? Thanks.

HA! Great call. I laughed out loud on that one!