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A few of them jumped nicely today, Ill try and get them up there for you^^^
Official Stock Market & Economy Thread
- Thread in 'General' Thread starter Started by dey know yayo,
- Start date
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^^^thx dude. I would think that any sectors that the stimulus is focused on would see a decent increase in the future. I'm also interested in theconstruction industry since the Obama administration is trying to rebuild alot of schools, highways, etc. Anyone have any suggestions?
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Stemcells Inc jumped up 43.48% today.
str8hustler
Banned
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Hey DKY you said you want to be a corporate lawyer right? Im in law school now and I am really interested in Financials....do you have any suggestions or knowof any legal areas for Financials?
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FAZ got murdered today. Yeeeeeesh.
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Who didn't see a stock jump comming after that announcement though.
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FAS
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Eh... it's down 14% now.
fabolous92692
Banned
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youd be stupid not to take a 43% profit. ahhh today or tomorrow seemsto be a good day to get into some shorts.
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After a Bloomberg article quoting Vikram Pandit stating Citidelivered a profit in the first two months of this year, the market staged an impressive bear bounce. This is very healthy for this downtrend and hopefully itcan take us to around S&P 750, where we could start rolling over again and allow us a fresh sell-off, which is what I've been looking for.
This is the time to wait for short opportunities to present themselves. The Citi announcement doesn't change much and was merely the catalyst for anoversold bounce, which I have been patiently waiting for. Consider this analagous to October 28 of last year.
Here is the Citi internal memo.
Vikram Letter 3.10.2009
Publish at Scribd or explore others: Short Stories Creative Writing career letter
This is the time to wait for short opportunities to present themselves. The Citi announcement doesn't change much and was merely the catalyst for anoversold bounce, which I have been patiently waiting for. Consider this analagous to October 28 of last year.
Here is the Citi internal memo.
Vikram Letter 3.10.2009
Publish at Scribd or explore others: Short Stories Creative Writing career letter
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GO financials....FAS, UYG, XLF all beautiful.
C, BAC having stellar days.
C, BAC having stellar days.
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won't last long. though the bounce was bigger than i expected.
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I'm holding faz, srs, and rfn...Today was not a good day...
fabolous92692
Banned
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Originally Posted by SuperAntigen
I'm holding faz, srs, and rfn...Today was not a good day...
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word, i lost a good $30k today. i was expecting a bounce but not this big, oh well, thesis remains strong and this gives an ever better opportunity to entershort positions later this week. which means more money for meeee.
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I'd like to refer you all to a terrific article in the Financial Times,analyzing the merits of today's "leaked" Citi memo...
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Go into bankruptcy law. I work in a bankruptcy law firm, and the couple that owns the firm is making bank. Basically the collect debts for banks. What lawschool do you go to?
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edit. Sorry my browser is slow for some reason
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edit. Sorry my browser is slow for some reason
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edit. Sorry my browser is slow for some reason
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edit. Sorry my browser is slow for some reason
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should we start shorting the stock from your list right now? How long do you think the rally will last?
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I short stocks in GS, MS, NTRS [as per DKY] and lost $6,810.00 (~10%) in my simulator.
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^we are waiting.....
