Poolman's Account Talk

[Birchtree]

The SPX I believe hit 734 this morning and if it bounces like right now it could be up +20 on the close. The Dow is trying to go positive.

 

[poolman]

http://www.youtube.com/watch?v=TSMbmzF1t00&feature=subscription

 

[poolman]

http://www.youtube.com/watch?v=6uqM-O3E3ic&feature=subscription

 

[poolman]

Last hour is hear now.

I'm in SSO at 18.19 then again double down at 17.60

I'm just trying to break even.

I have to get out of this trade today. Otherwise I will be taken out.

Last day of the month.

 

[350zCommTech]

Last hour is hear now.

I'm in SSO at 18.19 then again double down at 17.60

I'm just trying to break even.

I have to get out of this trade today. Otherwise I will be taken out.

Last day of the month.

Where is your stop?

 

[poolman]

Where is your stop?

17.30

 

[poolman]

Come On.... Rally Time...

 

[poolman]

spx under 740 is not good.

 

[350zCommTech]

spx under 740 is not good.

Nope, not good at all. I wish you luck.

 

[350zCommTech]

Not sure if I would hold over the weekend. You would not be able to do anything until the market opens Monday morning. If something goes boom over the weekend, your stop won't help you. IMHO.

 

[poolman]

Not sure if I would hold over the weekend. You would not be able to do anything until the market opens Monday morning. If something goes boom over the weekend, your stop won't help you. IMHO.

I kept uping my stop.

I got everything out 17.50

I lost $279.00 on the entire trade.

 

[350zCommTech]

I kept uping my stop.

I got everything out 17.50

I lost $279.00 on the entire trade.

Sorry to hear that poolman.

This market is tuff to trade. Closing below 740 is very bearish. You might feel good about today's loss come Monday.

 

[poolman]

Sorry to hear that poolman.

This market is tuff to trade. Closing below 740 is very bearish. You might feel good about today's loss come Monday.

I think you are right. I really am depressed since the new administration took affect. Nobody knows if the plans are going to work.

I may be taking a break in the near future.

Nothing against the MB. I just sick and tired of being whipsawed. ..

 

[poolman]

http://www.youtube.com/watch?v=E6Hxgo7b5QQ&feature=channel

http://www.youtube.com/watch?v=4pvUdo-lU10&feature=subscription

 

[poolman]

http://www.youtube.com/watch?v=pde3Fj0YiwM&feature=subscription

http://www.youtube.com/watch?v=rHHtEZIZt4k&feature=subscription

http://www.youtube.com/watch?v=j8NCOU9SoYo&feature=subscription

http://www.youtube.com/watch?v=1b4WE3UYLN4&feature=subscription

http://www.youtube.com/watch?v=-ipVV3BRTWA&feature=subscription

 

[350zCommTech]

Great speech by Karl. Obama and the rest of the country should watch it.

 

[poolman]

http://www.youtube.com/watch?v=avHDLkmZP04&feature=subscription

http://www.youtube.com/watch?v=3swnyffD9XQ&feature=subscription

 

[poolman]

http://www.youtube.com/watch?v=UzwgZWNeDdc&feature=subscription

http://www.youtube.com/watch?v=n7TgpM5OuZw&feature=subscription

 

[350zCommTech]

Not sure if I would hold over the weekend. You would not be able to do anything until the market opens Monday morning. If something goes boom over the weekend, your stop won't help you. IMHO.

I kept uping my stop.

I got everything out 17.50

I lost $279.00 on the entire trade.

Good thing you got out of that SSO trade.

 

[poolman]

Good thing you got out of that SSO trade.

Your not kidding 350.

I'm really getting nervous about this market. I have 40% invested in TSP and that is even scaring me.

If we close below what is called support tomorrow at S&P 700 then there are no more support levels. What a Bitch.

I won't be adding to my position until we see some kind of leveling off in the market's. At this point I might decrease my position.

The market's are dropping much faster than 2008 so far and we are only in the beginning of March.

23 + or - % down in the S&P so far in 2009 is a fckin Sin....

Sorry for my Rant.