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S&P 500: 1,342.64 Change: +0.17%
BSNBC
P&P Score: 99.08   Points: 105.36   Accuracy: 59.84%   Average Pick Score: 1.68   Annual Return: 14.31% (52.26% since 6/19/08)  

BSNBC's Blog : low volume

Date January 29, 2010    Comments Comments (4)    Rate this post Recommend This Post (92)   
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checked in this morning to see the Dow and Nasdaq up. stocks were up or down on very lilttle volume. some earnings are really great but the stocks are getting hammered. it's good to wait a while.

i think it's a good time to take a break from the market. wait for some nice bases to form. i don't think you have to play the market all the time. only when the money is easy.

in the meantime, work on new strategies. for me, i want to learn the options market.


4 Comment(s):

Author JoeJustJoe     Date January 29, 2010 10:28 Abuse this post Report Abuse
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I agree, lemme have the foist 30% in somma the most grossly overvalued sheeeyit on the planet. You n Mighty Mouth should just wait until the SPX is approaching 1145....1150...whenst AMZN is at $140+ it'll be "time"....whenst I git AAPL back above $210 like I "promised" I would it'll "obviously" be "safe" to get back in. Just wait for Mighty Mouth to blog about how "the storm has passed" now that he got fokes out of positions they took during his last buy call with sizeable losses. He'll miss 90% o'the move I promised yuns sheeple....I'll leave the final 10% to you fellahs who have ALWAYS been consistant. *-) 3J
Author JoeCole     Date January 29, 2010 11:32  Edited: January 29, 2010 by JoeCole Abuse this post Report Abuse
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buy the CTIC June $1 straddle ;)
Author JoeJustJoe     Date January 29, 2010 15:35 Abuse this post Report Abuse
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You play CTIC...I'll take RTK ....we'll see whose grass grows quicker...deal? :-) Amongst the "biotech stocks that will one day be trading belowst .05 centavos" I prefer to ssshtick wit one that is a tad closer to .05 centavos already...like this POS right cheeeya >>> GETA. *-) 3J
Author JoeJustJoe     Date January 29, 2010 18:18 Abuse this post Report Abuse
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Nice! I just finished closing out any o'the picks I "needed to"...and now I am smack dab in the middle o'the "warm n comfy zone" on me funnymoney trades. Yuns sheeple outta try "werry free" investing sometime *-) "Looks like" me ratio will now be appx 30 to 40 open long plays (or chort the chortin plays) and the remaining positions are flat out chorts. On top o'that thur...each week a few more o'me pix on me open list confirm all tops. So thangs can only improve even further from heeeya....I'll just sit at 50% in cash right now since in the bitter end I will be holding abou 34 pages of chorts before crash n bern. I only gots 18 pages open come tamarrah :-) Thurs actually a GOOG chance I will be able to pass Mighty Mouth next week no matter what the markets do. But then again...whatever Mighty Mouth does is ALWAYS gonna be wrong...so gunning fer Mighty Mouth ainna nuphin special. I'll jist sssshtick with my goal of being the very foist playa at this site to generate 10000 points...70% accrucy....and duble diggie per pick scores. :-) 3J
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