Ford increases Focus production by 30% to meet demand...IT'S STARTING..BOY'S!!!

Random Ramblings
161

You are 100% correct.

As Rookie as said…This stock is gonna be dead money for a while.

The thing I enjoy about this type of investing is being OUT FRONT. It’s like watching a chess game. You see small moves being made, strategy being applied, and results (good or bad) occuring.

WATCH…WATCH…WATCH

Even if you NEVER buy a single share of Ford stock…Simply WATCHING how these events unfold will teach you VOLUMES about investing.

I’ll continue to post any interesting items I find and will also try an explain my thought process regarding Ford as an investment.

This is the way I work…It’s not right for everyone, and I’m sure there are easier, quicker ways to make money…But in my experience, getting a turn around investment like this right…Can LITERALLY, change your financial life.

It’s very early in the game, but small indicators WILL show up, the KEY is to PAY ATTENTION.

162

FDJake,

How about discussing your thoughts on your QQQQ puts? Do you still think they will be ok before June? Also, what are your thoughts on the market in general. I believe that the government is doing everything possible to defend the DOW at about 7,700. Do you think they can continue to juggle all these balls?

My personal belief is that things are still getting much worse and that the trillions they are spending on these bailouts is making things worse.

I received two letters from Bank of America last week informing me that my check cashing privileges were being suspended on my business lines of credit. After thinking about it, I believe that is because they don’t have the money to lend. Their market cap has collapsed and they are in trouble. I must be one of their best customers - never been late on any bill and credit score of 772 - therefore, if they can’t lend me money, who can they lend money to? Obviously, Citigroup is in even worse shape.

What do you think? Give me a full report!

Mike

163

Nothing has changed in my original assessment. We have been bllshtted at EVERY TURN…

2005…Home owners might benefit from some of the new ARM mortgages. (Alan Greenspan) :bs
2006…Home prices won’t crash, this is just a normal correction and GOOD for the market. We expect prices to rise by 10% next year. :bs
2007…A reccession is NOT in the cards for America :bs
2007…Sub-prime is CONTAINED and is not a worry for the banking system. :bs
2008…This is the BOTTOM of the market…BUY BUY BUY…(it SHOULD have been BYE BYE BYE) :bs
2009…We expect a BIG RALLY in 2009 and an economic recovery by the second half. :banghead :banghead :banghead :bs

This market is doing EXACTLY what the market did in 1929.

The CRASH everyone learned about that occured in October of 29 was JUST THE BEGINNING. The REAL Crash occured much later and saw the dow drop to an eventual 90% LOSS!!!

As far as those Q’s go…

I think things are about to get VERY INTERESTING , VERY QUICKLY. Once the market really BREAKS, any investment that INCREASES as the idexes DECREASE will see people PILING into it just as they did with OIL, COMMODITIES, TREASURIES, ect. The writting is on the wall folks. What we have is a market HOPING that it won’t break to new lows. Once that hope is GONE (IF that happens) The “run to the doors” should be spectacular!!!

PATIENCE BOYS…PATIENCE.

Why would ANYONE believe the talking heads on Wall St. They have been wrong at every turn. I’ve said this before, and I’ll say it again…It’s now about…

JOBS
JOBS
JOBS
JOBS
JOBS

The Goverment under that DOPE Bush had a window of opportunity in early 2007. It’s possible a complete disaster COULD have been averted had they steeped in at that time. But…NOOOOO…Good ole free market George WAITED…He thought the MARKETS could and would police themselves…Well…Guess what??? GEORGE WAS RIGHT!!!
The markets ARE policing themselves…They will crash to lows most people RIGHT NOW can’t get their heads around. We will throw TRILLION$ down a black hole trying to stop an avalanche. AIN’T HAPPENING!!!
WE BUILT THIS SH*T BOX…Now we’re ALL gonna RIDE IT!!!

2 very smart people recently made the following comment. EVERYONE on this site should pay VERY CLOSE attention to this little sentence.

“At some point in the near future…The price of GOLD will be equal to the DOW!!!”

Target price for that???

$4000/oz for gold and 4000 points for the dow.

Think that’s BS???

It’s happened twice before…

1930’s
1970’s

http://georgewashington2.blogspot.com/2009/02/marc-faberone-day-price-of-gold-will-be.html

164

“At some point in the near future…The price of GOLD will be equal to the DOW!!!”

I have heard different opinions on where gold will end up…I just dont like jumping on the gloom and doom wagon at 7100 DOW…Nor am I loading the boat here…Did I do some small buying today,yes I did…I bought at 3:58 pm on a basket order (small) and I bought stocks not etf’s…I will most likely take pain and take a stop if market doesnt bounce tomorrow…I just cant fathom the level of blood I’m seeing…I know cheap can get cheaper and it may very well do so tomorrow…I’m taking a shot here on the long side for a trade…I wish I had the nerve to own some stock here and have the ability to look at it in 5 years…We already lost 1 decade (recently) in the equity markets,you think we lose 2?..I’d bet that we are close to the bottom of this downslide…Even Dr.Doom only predicted %20 more downside in the markets and we are there already just about…At some point this steak is overcooked and I just feel it may be bounce time…

165
..I just dont like jumping on the gloom and doom wagon at 7100 DOW...

Weren’t you the one that said that during the depression stock fell sharply at the beginning of the depression and then had a SLOW GRIND to the bottom (which was a 90% loss)? If so, then we’ve got a LONG WAY TO GO.

It seems to me that we’re in that slow grind. I don’t see or hear about any capitulation, quite the contrary - it seems to be business as usual (abeit an ugly normal). Furthermore, with all the talking heads saying that we’re at the bottom on a daily basis, that is excellent evidence that we’re no where near the bottom. Where’s the panic? Who’s throwing in the towel? I’m not seeing it yet and I’m not hearing normal people talk about it.

Mike

166

Weren’t you the one that said that during the depression stock fell sharply at the beginning of the depression

Yes that was me…I just feel like we are overdone here…At least for the short term (days)…Capitualtion?..The market is decimated,down %50-%80 …Some stocks have lost %99… AIG LVS etc…This getting done rather quickly imho…I may be wrong,who knows…Long term?..long term for me is minutes…But yes I do feel over a 5 year period equities will be a very good investment…I wont take the bet though because I check every few seconds and I would never last…

167

I thought this was interesting…

August 26, 1929… DOW 380.33

October 27, 1930… Dow 184.89 (anyone else here find it amazing that those lows are almost to the MONTH the same ours)

Now at THAT point the dow had a comparable loss to our current market ( 50% decline)

The PROBLEM???

Anyone who thought they were SMART buying stocks at this level had NO IDEA what waited for them…

July 5, 1932… DOW…41.63!!!

That ain’t a typo… 41.63 or a 90% LOSS

Things are DIFFERENT now compared to then…right???

Yep, they sure are…

THEY had no sub-prime
THEY had no CDO’s
THEY had a FRACTION of the DEBT this country now carries
THEY had businesses that actually MADE THINGS
They had people who’s entire LIVES were built around SACRIFICE

Yea…things are different now…THAT could never happen to US…

Yea…It’s gonna be WORSE…WATCH!!!

168

Did I do some small buying today,yes I did…I bought at 3:58 pm on a basket order (small) and I bought stocks not etf’s.

02/23/2009 YOU BOUGHT
AFL AFLAC INC
Basket Trade - BASKET: dow
Margin Shares: +401.000 Price: $15.8176 Amount: -$6,350.86
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
AXP AMERICAN EXPRESS CO
Basket Trade - BASKET: dow
Margin Shares: +502.000 Price: $12.1286 Amount: -$6,096.56
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
BA BOEING CO
Basket Trade - BASKET: dow
Margin Shares: +199.000 Price: $34.4582 Amount: -$6,865.18
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
BNI BURLINGTON NORTHERN SANTA FE CORP
Basket Trade - BASKET: dow
Margin Shares: +199.000 Price: $59.0984 Amount: -$11,768.58
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
CAT CATERPILLAR INC
Basket Trade - BASKET: dow
Margin Shares: +250.000 Price: $25.0984 Amount: -$6,282.60
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
CHD CHURCH & DWIGHT INC
Basket Trade - BASKET: dow
Margin Shares: +199.000 Price: $48.9678 Amount: -$9,752.59
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
CPB CAMPBELL SOUP CO
Basket Trade - BASKET: dow
Margin Shares: +199.000 Price: $28.5982 Amount: -$5,699.04
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
CVX CHEVRON CORP NEW
Basket Trade - BASKET: dow
Margin Shares: +200.000 Price: $62.7778 Amount: -$12,563.56
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
DD DU PONT E I DE NEMOURS & CO
Basket Trade - BASKET: dow
Margin Shares: +299.000 Price: $18.8784 Amount: -$5,652.64
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
DEO DIAGEO PLC ISIN #US25243Q2057
Basket Trade - BASKET: dow
Margin Shares: +198.000 Price: $48.1278 Amount: -$9,537.30
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
DOW DOW CHEMICAL CO
Basket Trade - BASKET: dow
Margin Shares: +698.000 Price: $7.4282 Amount: -$5,192.88
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
DUK DUKE ENERGY CORP NEW COM
Basket Trade - BASKET: dow
Margin Shares: +500.000 Price: $13.9069 Amount: -$6,961.45
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
ED CONSOLIDATED EDISON HLDG CO INC
Basket Trade - BASKET: dow
Margin Shares: +200.000 Price: $37.0178 Amount: -$7,411.56
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
ENB ENBRIDGE INC COM ISIN #CA29250N1050 SED
Basket Trade - BASKET: dow
Margin Shares: +199.000 Price: $30.848 Amount: -$6,146.75
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
FRO FRONTLINE LTD SHS ISIN #BMG3682E1277 SE
Basket Trade - BASKET: dow
Margin Shares: +299.000 Price: $22.3974 Amount: -$6,704.82
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT NFS CROSS TRADE
GE GENERAL ELECTRIC CO
Basket Trade - BASKET: dow
Margin Shares: +700.000 Price: $8.81 Amount: -$6,175.00
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
GS GOLDMAN SACHS GROUP INC
Basket Trade - BASKET: dow
Margin Shares: +99.000 Price: $80.24 Amount: -$7,951.76
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
INTC INTEL CORP
Basket Trade - BASKET: dow
Margin Shares: +500.000 Price: $12.0876 Amount: -$6,051.80
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
JNJ JOHNSON & JOHNSON
Basket Trade - BASKET: dow
Margin Shares: +200.000 Price: $53.6178 Amount: -$10,731.56
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
KFT KRAFT FOODS INC CL A
Basket Trade - BASKET: dow
Margin Shares: +300.000 Price: $22.9584 Amount: -$6,895.52
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
KO COCA COLA CO
Basket Trade - BASKET: dow
Margin Shares: +200.000 Price: $42.1278 Amount: -$8,433.56
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
LFC CHINA LIFE INS CO LTD SPON ADR REPSTG H
Basket Trade - BASKET: dow
Margin Shares: +199.000 Price: $42.726 Amount: -$8,510.47
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
MCD MCDONALDS CORP
Basket Trade - BASKET: dow
Margin Shares: +200.000 Price: $53.8678 Amount: -$10,781.56
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
MMM 3M COMPANY
Basket Trade - BASKET: dow
Margin Shares: +200.000 Price: $45.438 Amount: -$9,095.60
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT NFS CROSS TRADE
MO ALTRIA GROUP INC
Basket Trade - BASKET: dow
Margin Shares: +399.000 Price: $15.05 Amount: -$6,012.95
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
MSFT MICROSOFT CORP
Basket Trade - BASKET: dow
Margin Shares: +399.000 Price: $17.2578 Amount: -$6,893.86
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT BASKET: BASKET: dow
OKS ONEOK PARTNERS L P UNIT LTD PARTNERSHIP
Margin Shares: +199.000 Price: $40.9374 Amount: -$8,154.54
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
OSG OVERSEAS SHIPHOLDING GROUP INC
Basket Trade - BASKET: dow
Margin Shares: +199.000 Price: $27.0681 Amount: -$5,394.55
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
PEP PEPSICO INC
Basket Trade - BASKET: dow
Margin Shares: +199.000 Price: $50.148 Amount: -$9,987.45
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
PFG PRINCIPAL FINANCIAL GROUP
Basket Trade - BASKET: dow
Margin Shares: +602.000 Price: $9.3782 Amount: -$5,653.68
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
PM PHILIP MORRIS INTL INC COM
Basket Trade - BASKET: dow
Margin Shares: +199.000 Price: $35.1178 Amount: -$6,996.44
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
QQQQ POWERSHARES QQQ TR UNIT SER 1
Basket Trade - BASKET: dow
Margin Shares: +199.000 Price: $27.838 Amount: -$5,547.76
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
SI SIEMENS A G SPON ADR ISIN #US8261975010
Basket Trade - BASKET: dow
Margin Shares: +199.000 Price: $50.8087 Amount: -$10,118.93
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
SNY SANOFI-AVENTIS SPONSORED ADR FORMERLY S
Basket Trade - BASKET: dow
Margin Shares: +199.000 Price: $28.0278 Amount: -$5,585.53
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
T AT&T INC COM
Basket Trade - BASKET: dow
Margin Shares: +298.000 Price: $22.7378 Amount: -$6,783.86
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
TGT TARGET CORP
Basket Trade - BASKET: dow
Margin Shares: +200.000 Price: $28.4682 Amount: -$5,701.64
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
UNP UNION PACIFIC CORP
Basket Trade - BASKET: dow
Margin Shares: +199.000 Price: $37.82 Amount: -$7,534.18
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
USB US BANCORP DEL COM NEW
Basket Trade - BASKET: dow
Margin Shares: +500.000 Price: $11.3582 Amount: -$5,687.10
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
UTX UNITED TECHNOLOGIES CORP
Basket Trade - BASKET: dow
Margin Shares: +199.000 Price: $42.3784 Amount: -$8,441.30
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
VNQ VANGUARD INDEX FDS FORMERLY VANGUARD IN
Basket Trade - BASKET: dow
Margin Shares: +301.000 Price: $23.8877 Amount: -$7,198.20
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
VZ VERIZON COMMUNICATIONS
Basket Trade - BASKET: dow
Margin Shares: +199.000 Price: $27.8778 Amount: -$5,555.68
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
WFC WELLS FARGO & CO NEW
Basket Trade - BASKET: dow
Margin Shares: +597.000 Price: $11.0884 Amount: -$6,627.77
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
WMT WAL-MART STORES INC
Basket Trade - BASKET: dow
Margin Shares: +200.000 Price: $48.9378 Amount: -$9,795.56
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT
XOM EXXON MOBIL CORP
Basket Trade - BASKET: dow
Margin Shares: +200.000 Price: $69.4078 Amount: -$13,889.56
Comm: $8.00
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT FCMS SMART ROUTER
YUM YUM! BRANDS INC
Basket Trade - BASKET: dow
Margin Shares: +99.000 Price: $27.48 Amount: -$2,720.52
Settlement Date: 02/26/2009
02/23/2009 YOU BOUGHT FCMS SMART ROUTER
YUM YUM! BRANDS INC
Basket Trade - BASKET: dow
Margin Shares: +100.000 Price: $27.475 Amount: -$2,755.50
Comm: $8.00
Settlement Date: 02/26/2009

SELL ORDERS

Number of Orders:49
Order Status
Sell 199 Shares of SI
Order Number:B24BCNSL Details Filled at $52.45
Sell 401 Shares of AFL
Order Number:B24BCPSV Details Filled at $16.24
Sell 99 Shares of GS
Order Number:B24BCPWK Details Filled at $82.00
Sell 199 Shares of SNY
Order Number:B24BCQBK Details Verified Canceled
Sell 199 Shares of SNY
Order Number:B24BCQCW Details Filled at $28.62
Sell 597 Shares of WFC
Order Number:B24BCQJV Details Filled at $11.2251
Sell 199 Shares of BA
Order Number:B24BCZRN Details Verified Canceled
Sell 199 Shares of BA
Order Number:B24BCZXD Details Verified Canceled
Sell 200 Shares of MCD
Order Number:B24BDCGD Details Filled at $54.355
Sell 200 Shares of XOM
Order Number:B24BDDJK Details Filled at $69.80
Sell 700 Shares of GE
Order Number:B24BDFGC Details Filled at $9.02
Sell 698 Shares of DOW
Order Number:B24BDGNL Details Verified Canceled
Sell 698 Shares of DOW
Order Number:B24BDGTJ Details Verified Canceled
Sell 198 Shares of DEO
Order Number:B24BDJFK Details Filled at $48.5552
Sell 199 Shares of PEP
Order Number:B24BDJKP Details Filled at $50.71
Sell 502 Shares of AXP
Order Number:B24BDJQS Details Filled at $12.30
Sell 200 Shares of CVX
Order Number:B24BDJXJ Details Verified Canceled
Sell 200 Shares of CVX
Order Number:B24BDKBW Details Filled at $63.23
Sell 200 Shares of JNJ
Order Number:B24BDLBV Details Filled at $53.93
Sell 500 Shares of INTC
Order Number:B24BDNSH Details Filled at $12.15
Sell 199 Shares of QQQQ
Order Number:B24NBFGD Details Verified Canceled
Sell 199 Shares of QQQQ
Order Number:B24NBFKT Details Filled at $28.08
Sell 301 Shares of VNQ
Order Number:B24NBPGZ Details Filled at $24.1223
Sell 602 Shares of PFG
Order Number:B24NBRGQ Details Filled at $9.5072
Sell 199 Shares of BNI
Order Number:B24NBTVC Details Filled at $59.6896
Sell 698 Shares of DOW
Order Number:B24NBXRQ Details Filled at $7.5318
Sell 199 Shares of YUM
Order Number:B24NCCMF Details Filled at $27.88
Sell 299 Shares of DD
Order Number:B24NCFFB Details Filled at $19.0816
Sell 199 Shares of ENB
Order Number:B24NCHHX Details Filled at $31.182
Sell 200 Shares of WMT
Order Number:B24NCKHR Details Filled at $49.5322
Sell 199 Shares of CHD
Order Number:B24NCLKL Details Filled at $49.63
Sell 500 Shares of DUK
Order Number:B24NCMQK Details Filled at $14.1931
Sell 199 Shares of LFC
Order Number:B24NCNZG Details Filled at $43.32
Sell 200 Shares of MMM
Order Number:B24NDCBP Details Filled at $45.762
Sell 199 Shares of UNP
Order Number:B24NDRKK Details Filled at $38.57
Sell 199 Shares of OKS
Order Number:B24NDSVC Details Filled at $38.7632
Sell 500 Shares of USB
Order Number:B24NDTQX Details Filled at $10.7418
Sell 199 Shares of BA
Order Number:B24NGMCQ Details Filled at $34.8509
Sell 199 Shares of VZ
Order Number:B24NGNXX Details Filled at $28.3722
Sell 399 Shares of MO
Order Number:B24NGQKP Details Filled at $15.25
Sell 199 Shares of OSG
Order Number:B24NGRTL Details Filled at $27.4526
Sell 199 Shares of UTX
Order Number:B24NGXXH Details Filled at $42.5916
Sell 199 Shares of CPB
Order Number:B24NJMNS Details Filled at $28.2918
Sell 250 Shares of CAT
Order Number:B24NJMTG Details Filled at $24.6716
Sell 399 Shares of MSFT
Order Number:B24NJNHF Details Filled at $16.6422
Sell 200 Shares of TGT
Order Number:B24NJNTT Details Filled at $27.34
Sell 199 Shares of PM
Order Number:B24NJPFL Details Filled at $34.8122
Sell 299 Shares of FRO
Order Number:B24NJPXN Details Filled at $21.9339
Sell 298 Shares of T
Order Number:B24NLNSX Details Filled at $23.1022

Made a little over $3k on the trades…NET…Not bad but I sold all day long at the wrong times …Could have made double…I made a NET %1 on 300k worth of stock…no complaining here…

Lesson to the bears ,markets dont move in straight lines…

169

Rookie,

Just curious since you mentioned you have a 7 figure account, but where do you do your trading? Online broker like etrade? or do you put in something like Goldman Sachs?

Just wondering where the big boys do their trading…BTW, I bought some GLD in the past few days (I’m too embarrassed to say how much, lol). :banghead :banghead :banghead :banghead :banghead :banghead

170

Just curious since you mentioned you have a 7 figure account,

Size of the account is irrelevant…I have multiple accounts …I use Fidelity,interactivebrokers and I have a sweep account at work for size orders…When doing my small trades like the ones above I use Fidelity…IB is just to trade the spoos…

171

rookie…

what’s your thought process here?

too much oversaturation with the etfs?

better leverage potential with “lower priced” stocks?

what’s your thoughts on market data feed from Interactive Brokers?

Thanks…

-Mike

172

Mike,
My thoughts are I’m a blankin moron dumb SOB for selling like I did at the times I did today…I traded like an amateur and made an amateurs pay on a day when i should have taken down size…Instead I make a crappy %1 when the market rallies %4…

My reason for buying stocks vs proshare etfs is to average out my volatility…Proshares will shake you out if you have size…Regular index etf’s QQQQ…SPY etc I thought wouldnt give me the same bounce as way oversold stocks would…I was wrong…Most of my basket was dead wood…Dont get me wrong I made a few bucks but it shouldve been closer to 10k instead of 3k…I would have done much better just trading my blocks of QQQQ…Hindsight is 20/20…Lesson be learned to all who doubt the markets uncanny ability to bounce when others think Timber !!!..I stepped into the blood yesterday at 3:58pm to make my buys and I was grilled for it…Dont confuse a bull market with brains boys…

173

thanks for the reply.

was glad to see a rally today…

shows there’s money still willing to commit to equities…

if equities are deemed “toxic” at some point…gonna be hard to sell to someone else.

-Mike

174

Rookie,

Thanks for posting that list.

That’s a lot of time and effort to just let us know what your doing. I’m sure you have much better things to do. The fact that you took the time out of your day to give everyone a look at your trading is… I think, extremely generous.

Thanks,

Jake

175

Jake,
My reason for posting (really cut and paste takes seconds) is to show others that I really did take entries into the day before’s selloff…Also the people that call it speculation and luck etc burn my a$$…So I guess I keep getting lucky…I also post entries and exits to show how I do it for newbies…I often basket trade and even though it wasnt a profitable method for yesterday I still man up and show my mistakes even on a day when the markets were up %4…And yet another reason why I posted the trades was because people were talking the end of the world for the following trading day and I took the other side of that BS…Probability is the name of this game…When that rubber band is stretched so far it has to snap back,its just a matter of when and how hard…I had a %1 ROI in my mind and I made my goal…But the other day I had a much stronger ROI and gave it all back and ended up down $25 and was pissed…So I’m guessing that day played a role in my selling prematurely when I shouldve held longer…Well atleast I made a few bucks and helped some newbies understand how its really done…You can’t get more truthful than the way I post my trades…Thats why I do it mainly…

Oh and as for time etc,the office has been very quiet and slow…We have been doing more default deals than equity related activity as of late…

176

And I appreciate every keystroke of it…

Double gold long…or double gold short…on intra-day basis…is a lot more to my liking than a stab in the dark.

Here’s my crude, (UCO), analogy:

In the '70’s we had LPs…in the '90’s…compact discs…now?

If you ain’t digitized, you ain’t with the program.

-Mike
http://www.youtube.com/watch?v=IMsnqQHOwFg&NR=1

177

Number of Orders:3
Order Status
Buy 15,000 Shares of QQQQ
Order Number:B25NLWQZ Details Filled at $28.72
Sell 7,500 Shares of QQQQ
Order Number:B25NMXDL Details Filled at $29.0011
Sell 7,500 Shares of QQQQ
Order Number:B25NMZMJ Details Filled at $29.02

Made some size today in a down market…$4500 just about more or less…

This is a traders market…I did this trade from my blackberry while sitting in a room with 3 attorneys talking to me…After I sold it all I had to review the last 30 minutes because I didn’t hear a word they said…LOL…

178
I did this trade from my blackberry while sitting in a room with 3 attorneys talking to me

krackberry kid strikes again…

-Mike

179

Still reading through this entire thread…while I read here is something to discuss:

http://www.businessweek.com/bwdaily/dnflash/content/feb2009/db20090223_998165.htm?chan=top+news_top+news+index+-+temp_news+%2B+analysis

180

Buy 2,500 Shares of QQQQ
Order Number:B26NBSBG Details Filled at $28.6589
Buy 1,000 Shares of QQQQ
Order Number:B26NBZGX Details Filled at $28.6385
Buy 1,000 Shares of QQQQ
Order Number:B26NCFWG Details Filled at $28.4785
Buy 500 Shares of QQQQ
Order Number:B26NCNSC Details Filled at $28.4879
Sell 5,000 Shares of QQQQ
Order Number:B26NFTXT Details Filled at $28.8111

Netted about .25 average on 5k shares…Another blackberry trade…From what Ive heard in my office alot of redemptions have been ordered…In our offices and other ones as well…People need the money and want out of this market…I feel bad for the long term investors,they have been mauled by this economy…

And about the trade I just kept averaging down and hoping for a bounce…Today was not a good day for probability…Today was luck…