Mastercard is Burnt

[SiSePuede!]

Quote from ByLoSellHi:

Yes, I am making a call. A retracement to the 120ish area before Q2 earnings.

Depending on those, who knows...

I only care about between now and then.

 

[makloda]

Looks like this wonderful momentum stock is still in full swing. Built a beautiful month long base November till May and then broke out to the upside.

 

[S2007S]

up another 4%,


thats called risk free money!!!

probably going to 200 and will be trading at 500 by 2009.



:eek:

 

[stock_trad3r]

Quote from stock_trad3r:

excellent buying opp

Right again...

I know how stocks work dammit

I buy & recommend stocks that go up

Too bad a a lot of people here can't seem to be able to do that

 

[infolode]

Quote from stock_trad3r:

That kind of thinking usually results in getting burned.

MA will rebound

Understand that credit card companies thrive when people are cash strapped because they use credit.

Yes, however, in this next phase,understand that credit card companies decline some what when CONSUMERS are cash strapped because they miss credit card payments to avoid REPOSSESSION of their homes and for basic necessities

If the markets go south, interest sensitives will lead the way. BAC, GS, LEH,C, BSC etc..Depends on how much bad paper is REALLY out there.

We'll see soon enough.

 

[ByLoSellHi]

Unbelievable.

Not the the rise in price; my ability to vastly underestimate the continued appetite for momentum stocks.

Hedge funds and pensions are absolutely controlling this market.

 

[SiSePuede!]

Quote from stock_trad3r:



Too bad a a lot of people here can't seem to be able to do that

How much have you made on the stock? I made 100% gain on it almost overnight with options.

Did you even make enough to buy a cheeseburger?