350Z's 2007 I Fund Thread

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jayhawker said:
If you're still short on NFI (Novastar Financial,) you're getting squeezed big-time today! :sick: It's up 250% (opened at $4.06, now at $14.21.)

I have played this stock many times for many happy returns.
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NO offense but you better do you DD there Jayhawk. Go to the yahoo board - they did a 4/1 reverse split that's why it is up to 14.21 (last time I checked that's not what I would cause a real 250% gain since your 4 shares just became 1) and it is down already $2.00 today so more shorts making money on NFI. There also is a ton of naked shorts - that thing will be bankrupt soon. I made money on the up side and then shorted the hell out of it.

white
 
wht00ss said:
NO offense but you better do you DD there Jayhawk. Go to the yahoo board - they did a 4/1 reverse split that's why it is up to 14.21 (last time I checked that's not what I would cause a real 250% gain since your 4 shares just became 1) and it is down already $2.00 today so more shorts making money on NFI. There also is a ton of naked shorts - that thing will be bankrupt soon. I made money on the up side and then shorted the hell out of it.

white
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Oh crap! My bad! :o

You're right, no DD, I just noticed the price jump. I don't have a position in it so I wasn't on top of the news. Sorry.
 
wht00ss said:
Okay boys and girls I'm am going to be all over this market like a cheap suit.
Over the next few weeks we will probably get more volatility in the market with significant moves in both directions. But and a big but is one of the stronger Buy Signals to look for in an oversold market is near the end of the month or at the beginning of the month when the Relative Strength Index (RSI) (which I follow a lot) closes below 10 and the 5 Day Stochastic is below 10 as well.
For example back in late February and early March two oversold Buy Signals were generated in the SPY's -proxy for the C fund. One Buy Signal was triggered on February 27th when both the RSI and and the 5 Day Stochastic closed below 10. The entry date was at the open on February 28th and the SPY's then gained over $1.50 from the entry price on that day. Meanwhile a second oversold Buy Signal was triggered on March 5th when once again both the RSI and 5 Day Stochastic closed below 10 . The entry date was at the open on March 6th and the SPY's then gained over $2 within a few trading days .​

So I am looking for a big pop Monday with some follow thru on Tuesday and maybe a good week overall.​

I hope for my sake I am right. I am hoping for a little I fund cross action as well. We will see but I think it is time to put foot to ass.​



white :)​
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What not even one pat on the back, 12%, milkman, anybody????

Just kidding. I hope everyone makes money today and the market continues up for the week. I said all that without tooting my own horn. ;):D Guess what it could go either way and I still will enjoy my life which is what it is all about.


white
 
wht00ss said:
What not even one pat on the back, 12%, milkman, anybody????

Just kidding. I hope everyone makes money today and the market continues up for the week. I said all that without tooting my own horn. ;):D Guess what it could go either way and I still will enjoy my life which is what it is all about.


white
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I wouldn't be toot'n any horn until after 1600...;)
 
350z
i'm not whining, just missing a little special friend of mine called $$$$$. your right .23 cents is not bad, even excellent in a normal circumstances, but the market pulled more than .23 cents in the past few days. going to try and get it back little by little. gl all
 
wht00ss said:
NO offense but you better do you DD there Jayhawk. Go to the yahoo board - they did a 4/1 reverse split that's why it is up to 14.21 (last time I checked that's not what I would cause a real 250% gain since your 4 shares just became 1) and it is down already $2.00 today so more shorts making money on NFI. There also is a ton of naked shorts - that thing will be bankrupt soon. I made money on the up side and then shorted the hell out of it.

white
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Jayhawk, I reread the post and sounded like a horseass so I want to apologize. No offense intended. :o
 
Check this out..right on the money!!!!! posted this morning

Today, 08:48 AM
12%ayear
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vbmenu_register("postmenu_106342", true);
Club TSP
Join Date: Feb 2007
Posts: 1,396



Guess the DJIA close
Lets have some fun and guess the close everyday to see who comes closer.. Today the open is 13265. I say we close +93 points. Whoever comes the closest wins.
__________________
 
wht00ss said:
Jayhawk, I reread the post and sounded like a horseass so I want to apologize. No offense intended. :o
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No offense taken. Absolutely no problem. I was wrong to begin with. I should have known better considering the current sub-prime scenario. I just wasn't thinking well before my first pot of coffee.

I have a niece whose husband is an executive at Novastar here in Kansas City MO. While he never provided any inside info or anything of the like, he kinda' led me in the right direction. I bought and sold NFI a few times when it ran from $7 to the $40s. I last got out when it was in the $30s. I haven't watched it much since - and he ain't talking right now! :suspicious:
 
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