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Started by CLK , Mar 04 2013 04:16 PM

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7 replies to this topic

#1 CLK

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Posted 04 March 2013 - 04:16 PM

Keeping powder dry here, if it melts up, I don't care. I'm a trader.

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#2 thespookyone

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Posted 04 March 2013 - 04:20 PM

"Almost" nobody is.

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#3 CLK

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Posted 04 March 2013 - 04:26 PM

"Almost" nobody is.

I'll just trade something else. Thousands of stocks out there.

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#4 thespookyone

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Posted 04 March 2013 - 04:33 PM

"Almost" nobody is.

I'll just trade something else. Thousands of stocks out there.

Absolutely, I've ONLY been trading stocks-it's a market of them.

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#5 ogm

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Posted 04 March 2013 - 04:40 PM

I completely agree. I've done very well being short stocks in this "bull [bleeeep]" market. FSLR, RIMM, JCP .. JCP is tanking after hours again, they are about to lose Martha Stewart stuff. Looks like Macy's is winning the lawsuit. FB isn't doing much either. Rally on not, looks like crap. I expect it to collapse one of these days. Certainly not looking bullish. I'm also short materials .. XME, CLF, SCCO ... but they are getting a bit oversold, though certainly no reason to buy. Was going to short BTU, but never got around to it for some reason, just kept watching it sink to new lows day after day, it never bounced. I think Industrials (XLI) are going to fall apart next. They are definitely underperforming. I got a few UTX , CAT and XLI puts. Also railroad bubble, is in my sights now.

Edited by ogm, 04 March 2013 - 04:42 PM.

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#6 MarketAlly

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Posted 04 March 2013 - 08:48 PM

Keeping powder dry here, if it melts up, I don't care. I'm a trader.

Been sitting on the sidelines too - although AAPL is beginning to peak my interest once more.

The system wasn't designed so that most people could beat it.

* Trading futures and options involves the risk of loss. Please consider carefully whether futures or options are appropriate to your financial situation. Only risk capital should be used when trading futures or options. I do not know your specific risk tolerance or situation

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#7 ogm

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Posted 04 March 2013 - 08:59 PM

Keeping powder dry here, if it melts up, I don't care. I'm a trader.

Been sitting on the sidelines too - although AAPL is beginning to peak my interest once more.

Aren't you bothered that it keeps tanking after their shareholder meeting ? The selling is relentless in AAPL. The competition is too.