Portfolio of the week - 2008
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Originally posted by New-born baby View PostIf C short continues to make me money, I may continue to short it into oblivion.THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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Originally posted by skiracer View PostI'll be right with you newborn. i have it short from 25.97 in my trading acct. if the markets continue the downtrend it will follow. POT is another one that I shorted today at 152.50 risking 1 point looking for 145 range. i had it down 2 points or so and it turned and stopped me out at 153.50. as it turns out it closes at 152.50 exactly where i shorted it at but no cigar for me. looking for the markets to continue down tomorrow. the bulls wanted to take off today but there just wasn't enough strength there to hold the up move. if the markets move down POT and C will both follow accordingly.
Short the options. Sell a call on it. Then you won't get stopped out.
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Originally posted by New-born baby View PostIf C short continues to make me money, I may continue to short it into oblivion."Trade What Is Happening...Not What You Think Is Gonna Happen"
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Originally posted by riverbabe View PostESLR long please, Ski. Riverbabe"Trade What Is Happening...Not What You Think Is Gonna Happen"
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Originally posted by IIC View PostWell...I doubt the Government will let C fail...But as I posted maybe a week ago...IF there's a Bank Run...They should be first on the list.
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Originally posted by riverbabe View PostESLR long please, Ski. Riverbabe
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Originally posted by New-born baby View PostThe govt will not let C fail. That is why they closed down the economic indicators site, and quit posting the money supply figures. They are going to print C out of bankruptcy. And JP Morgan Chase. And all the others.
Reminds me of a quote by Willie Sutton...Probably the most prolific bank robber of all time...When he was caught the G-men asked him why he robbed banks?...He said..."Because that's where the money is"
I posted that from memory so I don't want to hear about it if I made a typo"Trade What Is Happening...Not What You Think Is Gonna Happen"
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Originally posted by stenzrob View PostFertilizer is where it's at, right Billyjoe?
And that's why I traded COIN today...If I was available tomorrow I woulda trimmed"Trade What Is Happening...Not What You Think Is Gonna Happen"
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