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Senate just passed the stimulus bill.
Probably the reason for down DOW 300. Little prodding to do the "right thing".
I doubled down at 40 on FAZ and now I'm thinking about putting a stop at 45 to guarantee some profits. Although. I think the markets might be going down for a few more days.
What do you think?
Placed a tight sell stop at 47.25 and I expect it to trigger and don't care. This price will bank me 20% and that is being greedy.
Good luck all.
Criminals. BS green open. My stop got hit at 45.50. I'm pissed!![]()
Still a profit, take it!
Yup, profits are good. But, I should have used your stop instead.![]()
Yeah, I like playing with SKF, I trade it at least a couple of times a month. I bought in at $125 a couple of days ago, I'm probably going to let it ride a bit more and set a stop at around $150....You can't go wrong taking a profit. I st a loose stop on SKF yesterday morning of $132. The stock was about $140 at the time. Right before the close the stop almost triggered.....I think SKF trended down to about $133. Hopefully SKF will soar today with the S&P spiking downward.
Yeah, I like playing with SKF, I trade it at least a couple of times a month. I bought in at $125 a couple of days ago, I'm probably going to let it ride a bit more and set a stop at around $150....
You nailed it! Then of course I got nailed :nuts: - like SM says, hogs get slaughtered. Oh well, it will be back up around there again soon.Ride it up and cash in. Good job
You may hit the $150 today.
You nailed it! Then of course I got nailed :nuts: - like SM says, hogs get slaughtered. Oh well, it will be back up around there again soon.
Hey Gumby,That last half hour in the market was a killer. I should have had tighter stops on SDS and SRS....and the bad thing is I removed the stop for SKF today.:embarrest:
I rode them up, then down......maybe up again?:nuts: I just wish the Gov would quit manipulating the market.![]()
Nice job LTB!Hey Gumby,
Still holding SKF? I unloaded mine today at 165 for a 32% pop. Unfortunately that doesn't offset the bloodbath I've taken on others, but at least there was a bit of positive news on my side.
Hey Gumby,
Still holding SKF? I unloaded mine today at 165 for a 32% pop. Unfortunately that doesn't offset the bloodbath I've taken on others, but at least there was a bit of positive news on my side.