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rjm77me
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rjm77me's Blog : Market did a U-Turn in last 45 minutes of the day

Date February 14, 2012  Edited: February 14, 2012    Comments Comments (11)    Rate this post Recommend This Post (51)   
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Market was more or less solid in RED most of day


The buying came in last 45 minutes of the trading daySome folks were joking Sports IlLustraded Models showed up fro ringing the stock exhange bells ans cheered the market. What ever - the market did move with their entry to stock exchange.


IT was a reasonablly good trading day


Market has some few bulletts to fire before it gives up to bears

Tags : HIG   UPL   MET   GIVN   ABC  

11 Comment(s):

Author RobMarketsBlind     Date February 14, 2012 16:53 Abuse this post Report Abuse
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The smart money showed up during the last 45 minutes.
Author rjm77me     Date February 14, 2012 17:06 Abuse this post Report Abuse
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Rob
Was that an entry fee for smart Money to the stock exchange to see all those Sport Illustrated Models trooping in?
Just kidding
Author rjm77me     Date February 14, 2012 17:12  Edited: February 14, 2012 by rjm77me Abuse this post Report Abuse
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WTW - Weight Watchers caught a sell bid of $7 after earning. Stock dipped as low as $68 after hours - So quick button traders lost a pile of monet in 15 minutes. They will NOT SHORT WTW IN FUTURE.

They did keep stock in check by stock buy back offer. Weight Watchers announces plan to launch self-tender offer for $720 mln of common stock and related stock repurchase for up to $1.5 bln of its common stock
Great way to make things work
Otherwise the stock would have lost 1/2 billion dollars in market cap. Nice bribe to existing stock holders
Author rjm77me     Date February 14, 2012 19:17 Abuse this post Report Abuse
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AFTER HOUR MOVERS GIVN +12.2%, ACPW -15.7%, SAPE -5.5%, ZNGA -5.0%

Author sporthunter     Date February 15, 2012 07:44 Abuse this post Report Abuse
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Greece making announcement, and FED making announcement today, easing of money continuing causing the market to climb. OIl and Agriculture should continue to outperform.
Author rjm77me     Date February 15, 2012 11:15 Abuse this post Report Abuse
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Easy gains are done for a week or so - market cloudy at best - one more big up push and then expect 3 to 5% correction
Momentum stocks are tired for now
AAPL is still moving good
Author rjm77me     Date February 15, 2012 11:16  Edited: February 15, 2012 by rjm77me Abuse this post Report Abuse
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My 401K is 75% in cash for now - 14% gains in 30 days are just OK
Author rjm77me     Date February 15, 2012 11:19 Abuse this post Report Abuse
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IRA allows me to write covered calls - I am more comfortable doing that - LIKE UPL covered call bought yesterday at 24.25 wrote FEB 25 call for 40 cents

I will be very happy if stock is taken away this Froday
Author rjm77me     Date February 15, 2012 11:35 Abuse this post Report Abuse
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DNDN bought yesterday up 6%
Author rjm77me     Date February 15, 2012 14:58 Abuse this post Report Abuse
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No you turn so far
Did sell DNDN in real money account
Author 1upChartist     Date February 21, 2012 11:33 Abuse this post Report Abuse
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DOW touched 13000 two trading days later then my expectaions
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