Jobless number better than expected. Worst is over.

n748

Good news for bulls. We've accomplished the assumption of stress test with unemployment rate sitting at 8.9% (well, it's expected that job market will make a sudden hard stop of laying off people and let the unemployment number sit at this rate for the rest of year, in government's opinion. You have to trust them since they have inside numbers you don't know)

The worst is over! Yes, it's over because market will continue move up so those banks actually don't need to raise those money because the price appreciation of their bad assets. In fact they will be turned into profitable assets by the end of year. Therefore, Market is going to gap up and on its way to recover yesterday's loss. Buy dip. Buy buy buy...

It's so easy to make money in this market.

Buy and hold. Never look back. You are in an once a century bull market. Don't miss this opportunity. You'll retire by the end of this year when markets sits at 2000.

n748

What?! Why market doesn't continue to move up?

We got very good jobless number today. Buy buy buy, It will close up big.

layschips

泽民同志摸摸O8的头：
你也学我们玩这个，
too young, too naive

sniffer

What?! Why market doesn't continue to move up?

We got very good jobless number today. Buy buy buy, It will close up big.
n748 发表于 2009-5-8 10:29

做股票不是做人
做股票要同流合污， 要趁伙打劫， 要落井下石， 要当红卫兵， 要当强盗， 要心狠手辣。
做人要出污泥而不染， 要己所不欲勿施于人， 要与人为善，要善解人意， 要宽宏大量

新低手

unfortunately today it would close HOD, several HHers at HUTONG already pointed out, be careful and prepare for the worst, my friends

n748

Sorry I could not start another post. However, what I want to say is, today's market will not close at the high of the day.

Based on my observation, it will fall at the close, if not all close in red, NASDAQ will probably do.

This will confirm a downtrend for next week. Seriously.

This is in contradication with the original post, but I am still holding my SDS QID.

Will add some FAZ if it continue to go down.

sniffer

5# 新低手


Thanks for the reminder

新低手

7# sniffer it ended almost as HOD, I wish you are ok

n748

Made a costly mistake. However, I did not cut so I'm not going to M2M.

I can still say I did not lose any. Actually QID is OK, but SDS down big.

Instead, added some FAZ at the close, as I planned. Actually I should say I reloaded FAZ since I cut in the morning.

sniffer

Made a costly mistake. However, I did not cut so I'm not going to M2M.

I can still say I did not lose any. Actually QID is OK, but SDS down big.

Instead, added some FAZ at the close, as I plann ...
n748 发表于 2009-5-8 16:20

"风萧萧兮易水寒,壮士一去兮 不复返"
It is very hard to change if you are have strong mind. You can win big... but ... omit..

荆轲英雄也。名垂
可吴三桂降清得到了陈圆圆，弄了个实惠。
我军今后要学吴三桂了，今天跑了SSO，但hold SDS. DUG 账号gain几乎是零

n748

10# sniffer


good for you.

I am still dreaming for a big big pullback. The higher it goes, the bigger my expection becomes.

I'll double my short position on Monday if it goes above 950.

Have a good weekend.

n748

10# sniffer


good for you.

I am still dreaming for a big big pullback. The higher it goes, the bigger my expection becomes.

I'll double my short position on Monday if it goes above 950.

Have a good weekend.

sniffer

8# 新低手
Thanks for asking... I bought SSO at yesterday closing. So, I am still ok to hold SDS and bought only DUG@17.80 today.

sniffer

10# sniffer


good for you.

I am still dreaming for a big big pullback. The higher it goes, the bigger my expection becomes.

I'll double my short position on Monday if it goes above 950.
...
n748 发表于 2009-5-8 16:41

其实，如果我们在昨天关市时，清仓，今天就更有刃有余
今天只好等周一了。震荡的时候可以降低点hold的成本，只要不脱浆就行。
周末愉快

新低手

13# sniffer good, happy weekend