Market Calls

[MAESTRO]

Quote from MAESTRO:

You are right. It is a tech short. Also, I needed some shorts to balance my portfolio.
I did have equity short on WYNN too. Attached is a snapshot of 1/4 of my current portfolio.

Covering @ $2.15 for $0.35 a share profit.

 

[Boy Plunger]

check out the daily wick on MON

slam dunk into 2:30 ... i'd like it to bleed some more before picking up the ball to dribble.

(maestro--taking the line off WYNN may be best for now, seems you agree)

alex

 

[Brandonf]

I still stand by everything I have been sqawking about INTC. No, I don't have a direct line to God, and yes my crystal ball is broken so when I fortell the future its as likely to be right as if Miss Cleo does it..however there is NO WAY that on Friday Wall Street is going to be happy with whatever it is INTC has to say. They have built up too much of an expection in it. In one month the stock has gone from $22 to $28. This is a big cap company. No matter what INTC says, I think it will disapoint Wall Street.

 

[Boy Plunger]

PEP wants $54 but will need a quick finish into mid-month to get there.

alex

(MAC's to house Intel chips)

 

[Boy Plunger]

Quote from jonnysharp:

im in at 7.78.

UTSI is trash. they barely generate .45 per share in earnings. .60c stop? LOL kids stuff. you are not too sharp as your name tag implies. i'll short it first thing tomorrow morning. thanks for bringing it to my attention.

alex

nothing like picking off high schoolers in the a.m.
i came to play jonny.

 

[snooptrader]

Quote from Brandonf:

I still stand by everything I have been sqawking about INTC. No, I don't have a direct line to God, and yes my crystal ball is broken so when I fortell the future its as likely to be right as if Miss Cleo does it..however there is NO WAY that on Friday Wall Street is going to be happy with whatever it is INTC has to say. They have built up too much of an expection in it. In one month the stock has gone from $22 to $28. This is a big cap company. No matter what INTC says, I think it will disapoint Wall Street.

Usually when someone is THIS sure of something, they are wrong.



I guess we will see on Friday. I have no position, so I hope you make a killing despite my above statement.

 

[Brandonf]

Quote from snooptrader:

Usually when someone is THIS sure of something, they are wrong.



I guess we will see on Friday. I have no position, so I hope you make a killing despite my above statement.

I think "the market" is right now more certain that it will be great than I am that it won't be, but thats why there is a game to play. Each person has an opinion.

Brandon

 

[Brandonf]

I am short BNI.

Brandon

PS, the nasdogs aint looking pretty.

 

[Boy Plunger]

yeah the thing is, each persons opinion doesn't matter. only the manipulator'(s) actions for each time set matters. so, the game is all in your head. winners and losers are pre-determined and afforded their plight shortly thereafter by said manipulator(s)/operator(s) as they use demand and supply in the markets to their advantage. string theories are for philosophers. markets are a bread and butter business with probabilities set by time and participants actions, not opinions as some may think. how do you live with yourself? LOL

MON just had such a manipulator come in and push bids higher as the market lifted sell orders nearing 2-2:30. this person is gone now and all the little opinions can go write a novel about it and try to sell it to the public as some on this board meagerly try to attempt.

be good.

alex

edit: "I still stand by everything I have been sqawking about INTC. No, I don't have a direct line to God, and yes my crystal ball is broken so when I fortell the future its as likely to be right as if Miss Cleo does it..however there is NO WAY that on Friday Wall Street is going to be happy with whatever it is INTC has to say. They have built up too much of an expection in it. In one month the stock has gone from $22 to $28. This is a big cap company. No matter what INTC says, I think it will disapoint Wall Street."

is this your best work? pretty pitiful sorry to say. conversations with yourself are best left for when you are spritzing off our windshields at a red light.

the nerve of some people.

 

[inandlong]

Quote from inandlong:

The purpose of the Market Calls journal is for traders to post their market calls as it pertains to individual trades. Whether it is an entry you are anticipating or have recently made, please feel free to post it here. A very brief statement about the method used to select your entry/exit is welcome also.

Please guys.... let's try to maintain a forum for the exchange of information beneficial to active participants and also for the many members who read our website daily but choose not to participate.

Guidelines for posting:

1) Your call should be fairly specific regarding the instrument and entry price or landmark.

2) An explanation of your thinking is welcome.

3) Disagreement is not welcome - this journal is for market calls, not debate. If you disagree with a call, it will be obvious when you post your own call in the opposite direction.

4) Bashing, profanity, vulgarity will not be tolerated. Keep it professional.

5) Responding to bashers is discouraged. Please, if someone finds it difficult to participate in a manner consistent with the guidelines, do not engage in discourse with them whatsoever. This will be our way of policing ourselves and preserving an environment conducive to our benefit.

Every one of us knows what is and isn't an appropriate post. We are not looking for argument or disparagement.

Good luck!

It seems worthwhile at this point to quote the original post of this thread. Bottomline however, post your chart, make your call.... that's pretty much it. Not too difficult. This garbage that has been going on recently with Brandon et al is exactly what is considered inappropriate. Don't ruin a good thread.