Posted:
#1
I bought 1000 shares of SDS @ 45.9 today.....do you think S&P will continue to go up or do you like this play?
thanks
WALL got a question if you can ?
Views: 302
Posts: 6
Posted:
#2
This market keeps shrugging off everything..high employment numbers, bad earnings, political issues..
Tonite CSCO is getting hit, futures look down, many if not most of the technical indicators say the market is very very overbought, but hell it keeps rallying back, it has been a month of straight rallying..nothing but up up up, then some lame off day and back up up up.
I am in that short FAZ myself which has been cracked worse, but I just dont see how they dont try to scare the retail suckers who are buying this, if not just one more time before the end of the year.
The problem I have with that trade is unless you have 100k lying around, you went all in on one buy..it is best to stagger getting in and out.
I started buying FAZ at 32 and have been nibbling in about every buck or so down expecting that my first buy wasnt the only buy.
Is this a 10 point move you are looking for and a net 10k or are you looking longer term for a bigger hit?
Tonite CSCO is getting hit, futures look down, many if not most of the technical indicators say the market is very very overbought, but hell it keeps rallying back, it has been a month of straight rallying..nothing but up up up, then some lame off day and back up up up.
I am in that short FAZ myself which has been cracked worse, but I just dont see how they dont try to scare the retail suckers who are buying this, if not just one more time before the end of the year.
The problem I have with that trade is unless you have 100k lying around, you went all in on one buy..it is best to stagger getting in and out.
I started buying FAZ at 32 and have been nibbling in about every buck or so down expecting that my first buy wasnt the only buy.
Is this a 10 point move you are looking for and a net 10k or are you looking longer term for a bigger hit?
Posted:
#3
i have the money sitting on the sidelines and wanted to make a trade , thinking this market has to come down ..not looking for a home run ,just a single short term...if you have any home run shots let me know...I will never blame you if your wrong.
this is not case money, I have money I like to play with myself ,most of my money is invested with broker .but i enjoy doing some myself. thanks for any insite.
Posted:
#4
Long-term mutual funds saw net inflows for the 20th week in a row amid another week of large amounts of money flowing in to bond funds, according to figures released Wednesday by the Investment Company Institute.
Total estimated net buying was $12.53 billion in the week ended July 29, bringing the total for the past 20 weeks to just less than $200 billion.
Stock funds had estimated inflows of $3.4 billion, compared with $2.21 billion the previous week. At the same time, bond funds continued to attract money as their inflows rose to $8.57 billion from $8.17 billion the previous week. Taxable funds took in $6.84 billion, while municipal ones got $1.73 billion.
Separately, assets in money-market funds fell $34.31 billion in the latest week amid steep withdrawals by institutional investors, as the seven-day yield on taxable money-market funds slipped to another record low, according to iMoneyNet's Money Fund Report. For the week ended Tuesday, total assets in money-market funds decreased to $3.558 trillion.
Posted:
#5
really good info, gfinger 
if stock and bond mutuals are getting inflow with that money coming out of MM mutuals, that usually equals higher market at least short term. doesn't mean there can't be a short "fast and nasty" tradeable correction BUT the overall trend should be up.
btw, IF you want a low priced speculative stock that's trading high volume you might look at CIT. it's acting like their going to make it and it just keep s going up the last couple days.
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