ExOdy

Picked up a tiny bit of RIO today. Plan to buy more V under 68.

My SKF got sold out earlier today. By the way things are looking, might be a bit early. I'm currently looking for a opposite of XRT/RTH.

cthree

I sold my SEPT $17.50 Puts for $2.80 today.

If you bought the YGE Sept $17.50 puts for $1.35 when I said to last week, congratulations, you've doubled your money. Sell them and take the rest of the quarter off because you've done what some notable people said was impossible.

Have fun "loading up", I'm stuffed.

Now, how should I spend the $1000 after tax profit on my $1400 investment of a week ago?



Maybe my new strategy should be selling what you guys are buying. RIO huh? I'll have to see what the puts are priced at.

cthree

All kidding aside, The market is down 10% in 3 days, I expect a 5-6% drop today alone. The market is crashing, all sectors, kaput. Why are you buying shit in freefall?

JDMwhore

Thanks for the tip! sold at 2.88 for a nice double.

keep the options tips coming.

sahtt

I'm not buying anything. Short BIDU got 10$ off of it today, when I cover I'll use that to buy AAPL. The usual strength was not there today. Oil service recovered pretty well, down 1-1.5% overall for me in that sector. Long live the SKF.

PearlwhiteS2k

My Canadian bank gained 1.56% lol otherwise my entire portfolio was down. Maybe tomorrow will be a better day .

Gadunk

What do you guys think of SWC, i was thinking of picking up some shares. i have been watching this for abit now and current price is close to its 52 week low, but i read somewhere prices for pallidium are rise 1st quarter of 2009. Or am i mislead but corrilating the maybe higher price for pallidium with SWC being the only US miner of it??

PearlwhiteS2k

never heard about this company before so I can't comment on them. The commodities trade is over.

lOOkatme

its over for the short term....because its over for everything else.


downside will keep coming.


Housing will keep falling.

We need to see housing stabilize at some point.....and I don't see that happening for another 50% downside haircut......and years away.


http://finance.yahoo.com/tech-ticker/artic...tickers=fre,fnm

http://www.youtube.com/watch?v=xgRgG...eature=related

sahtt

Unless you have a margin account.

But remember, when the trade is absolutely completely done for, that's when it will start.