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Apple on the bad tape
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Originally Posted by JohnnyRedStorm
You guys into ETFs? Thinking about possibly grabbing FAZ since it looks like financials may go lower. I gotta check out some charts on my computer first though.
Originally Posted by freakydestroyer
The gambler in me wants to buy weekly puts for GOOG in anticipation of earnings. I'm probably not going to do it and then it ends up being a huge winner.
Originally Posted by JohnnyRedStorm
You guys into ETFs? Thinking about possibly grabbing FAZ since it looks like financials may go lower. I gotta check out some charts on my computer first though.
Originally Posted by DaJoka004
DXPE is getting hammered on zero news. Was down 8.12%. Now down 7.7%. Someone dumped 66k shares this morning which triggered a big downturn. I added two more May 45 calls at 1.10 each. Average cost now $1.30 for the three contracts.
The risk of trading small caps. I'm still bullish. I don't see a reason for me not to. Although it is hard to stomach a >10% loss in just three days.Originally Posted by LazyJ10
Originally Posted by DaJoka004
DXPE is getting hammered on zero news. Was down 8.12%. Now down 7.7%. Someone dumped 66k shares this morning which triggered a big downturn. I added two more May 45 calls at 1.10 each. Average cost now $1.30 for the three contracts.
It's funny how NT is for me now....I saw that this morning and immediately thought of you and your Call purchases.
Originally Posted by LazyJ10
I hear ya - one of my clients is strictly a small cap long/short fund whose return has been steady over the course of their inception (almost 10 years) at almost 300%.
The person(s) who sold off were probably going to use the funds for tax time.
[color= rgb(255, 0, 0)]They'll probably come up with some short term solutions to stall the process, much like how they've been doing with Greece (pumping air into a lifeless body) but a long term solution? Don't see that happening. [/color]Originally Posted by nocomment6
Spain and Portugal are destroying the markets....Seriously Europe needs to come up with some solutions!
Me too. Saw that Bernanke said some banks might need more capitalOriginally Posted by bruce negro
Cool cool.
@@*$ is BAC doing right now... smh. Glad I got out.
Originally Posted by LazyJ10
I hear ya - one of my clients is strictly a small cap long/short fund whose return has been steady over the course of their inception (almost 10 years) at almost 300%.
The person(s) who sold off were probably going to use the funds for tax time.