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re: Dow Jones At 6763 .. Obama Time Is Gaining Momentum

Posted on 3/2/09 at 6:01 pm to
Posted by MileHigh
Most likely a mile high
Member since Jan 2004
7920 posts
Posted on 3/2/09 at 6:01 pm to
quote:

(close the markets?

instant tankage.
quote:

Like I said this morning, I feel pretty positive we'll get a bounce by the end of this week when we get out of this news cycle with the NFP, but it's not over.

I don't really know. I am not going to play the upside, just the downside. While I made some decent coin in Oct playing both sides, playing the upside is much trickier in this type of market.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 3/2/09 at 6:08 pm to
quote:

instant tankage.


Cant tank if you cant trade! But you know what I'm saying (And I know what you're saying). And since that makes absolutely no sense, and might literally be the worst possible thing to do...let's just hope they're not that retarded.

I'm not playing it either way, or suggesting to, for that matter. I got my UBS put and have watched it rally back from the depths. If the stock goes to >7, I'll probably get out and set my sights on an insurer or one of my reit/property managers, but those are much longer-term ideas anyway.
Posted by Cash
Vail
Member since Feb 2005
37259 posts
Posted on 3/2/09 at 8:37 pm to
quote:

(close the markets?



instant tankage.


Absolutely
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