118 Responses to “Tuesday’s Trading”

1. K says:

   January 6, 2009 at 4:31 pm

   yeah danny that might be the reason. i had 2 10k accounts now i got one 4k and one 6k. took come money out of the market since i havent worked in a while (manager called a few days ago asked me to work this vacation i said i need a vacation haha what a messed up schoolboy i am) but now that will sound very good a few years going forward.

   my parents have been brainwashed on buying a house. help me on that part. when do you think the best time will be. I think 2010 or later.
2. dave says:

   January 6, 2009 at 4:33 pm

   David,

   “I have the explanation: The longs are all retarted. No I mean it.”

   If you’re going to call out those you disagree with, you ought to at least spell it right . I guess, i’ve been RETARDED.

   Out for now.
3. Danny says:

   January 6, 2009 at 4:39 pm

   I don’t know a lot about RE, but I it depends on two things — location and intentions.

   If I was buying a house to flip in an number of years, 1,2,5,10, I’d say that is a huge risk in the near term and it better be some PRIME real estate, like a beach front del mar condo.

   Since thats probably not the case for the vast majority of buyers, you’d have to look how long you plan on living there. And if you’re willing to get roommates from craigslist, if all else fails.

   If I had a family, kids were at school, me and wife have stable careers, I would buy a house well within my means on the assumption I’d live there for 10 yrs min.
4. K says:

   January 6, 2009 at 4:52 pm

   yep and we live in Boston so the area hasn’t seen a huge drop in prices either. Both have stable jobs as of now and i might even stop being lazy and work when i can to help out.
   I like it here and wouldn’t want to get in the suburbs (they would also have to find new jobs) and I’d say we would plan on living there for at least 10 years if not more.
5. Dressguard says:

   January 6, 2009 at 5:17 pm

   As to AA: Their initial plan was to have their earnings this Thursday. Then a few weeks ago they decided to have them on the 12th. Now the plan is clear. That gave them time to come up with their profit warning and job cuts today. No further rant.
6. admin says:

   January 6, 2009 at 5:19 pm

   junglegirl,

   I think the key elements of interpreting trading dreams are your position and how the symbol of danger makes you feel. So, if you were long and the bear scared you, then your subconscious mind is telling you that it thinks the market will go down soon.

   If you are short, then I would say that your subconscious mind thinks the market will fall since the bear didn’t scare you, though it was a close call.

   I expect that these dreams will only work if you have a good intuition.

   I like to feed charts into my brain for a couple of hours at night. My logical brain will come up with one interpretation, but my intuition might come up with something else while I’m sleeping.

   That’s right; I trade in my sleep too!

   Matt

   P.S. Why do you keep bananas in your gutters?
7. K says:

   January 6, 2009 at 5:25 pm

   haha banana filled gutters

   btw matt. i feed computer problems to my brain and in the morning i have the solution.
8. newbie says:

   January 6, 2009 at 5:29 pm

   The Santa Clause rally is officially over. The SPX ran from 863 to 927. Nice call– Futures down to 927. Preanouncments mounting we may crash tomorrow.
9. Charlie says:

   January 6, 2009 at 5:54 pm

   If it were just that simple Newbie
10. K says:

    January 6, 2009 at 6:03 pm

    NY Unemployment Claim Systems Overwhelmed
    Flood of calls, online requests crash NY unemployment systems; no timeline for their return
11. admin says:

    January 6, 2009 at 6:05 pm

    There are two videos of Gary Shilling on Yahoo Tech Ticker. Scroll down the page to find them. Shilling called this recession and bear market better than just about anybody. You can actually hear what he has to say on Tech Ticker. When he is on CNBC, you can’t hear him because Kudlow shouts at him the whole time.
12. Dressguard says:

    January 6, 2009 at 6:11 pm

    You can actually hear what he has to say on Tech Ticker. …on CNBC… Kudlow shouts at him the whole time.

    
    ———————————————————————————————-
    AA only down 4% in AH. They will cut their production by almost a fifth and taking into account the plunging metal prices esp. aluminum this is a big hit for the company. They should be free falling. Aluminum Charts.
13. Danny says:

    January 6, 2009 at 6:53 pm

    Dress, if it tanked 12% over night it would almost certainly gap fill in the AM. Better that it’s only down 2%.
14. newbie says:

    January 6, 2009 at 7:19 pm

    AA has been ‘ignored in’. When it dawns on the BULLS that AA earnings are typical the tide will turn
15. junglegirl says:

    January 6, 2009 at 8:19 pm

    Matt,

    LOL! Yep, we are of like mind. I figure the bear left me alone as they do not eat their own, and I too am a bear.

    Like you, I let my brain work things out at night.

    As to bananas in the gutters… why, I store them there to keep them away from the bears! LOL. Don’t know… I don’t even have a banana tree. Just symbolic of the appetizer for the bear, I guess—main course yet to come. More likely (but not as much fun) it got incorporated into my dream from real vegetation banging against the gutters in the night winds we’ve been having.

    Overall interpretation: THE BEAR IS BACK, THIS RALLY IS BANANAS, AND WE’RE GOING DOWN!
16. K says:

    January 6, 2009 at 8:28 pm

    Well Said JG
17. newbie says:

    January 6, 2009 at 8:28 pm

    Added SPY shorts at 93.3 AH. Now 17% short SPY & 7% long SKF
18. Larry says:

    January 6, 2009 at 10:31 pm

    Four bad bears from dshort.com

    To put things in perspective

    http://dshort.com/charts/bears/four-bears-extended-large.gif