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Would hate to be a short on Monday....
posted by Momentumseeker on 1 months ago
282 views

Yes I sold it $96 at the open Buy to cover...Then I waited till it gained $1.00 then I
jumped back in at.

The reason is I bought in at $116 then sold it at $116 and then it ran to $123...I figured
with where we were going,Get back in..but not until $116 again!

Bells and whistles were going off my head at $118.

Didn't expect it to Drop thaT Much but i'll take the gains.


I added the 2,,,UYG and SKF... Seems UYG is less risky to trade with

Capital $10,000 or $2,200 for almost the same gains ($200-$600) for 100 shares.

Last edited on: 09-08-2008 08:23 pm

Short SKF? why not long UYG? Anyway SKF went down to 96 today. Hope you held out. I took a
bath changing horses in mid-stream. I'd love to know why the financial and real estate
rally was so modest - and why it's backing off afterhours.

They're already printing counterfeit money. It never stops. Ron Paul tries to tell you
people, but you won't listen.

I'm actually Short SKF So can't wait to see in the morning.

Howlow You think its going to be? It's gotta break the double bottom $109

$107 maybe....Time will tell

Hide ?

Buy to cover oh yeah.

6.1% unemployment is the lowest ever when a president leaves office since 1990's and 80's
possible.Add a point to Bush.

Last edited on: 09-08-2008 01:08 am

Regardless of the dollar etc., tomorrow will be a huge upday. If not, sell everything and
hide.

Dollar is down on the news though. Interest rate increase? 6.1% unemployment is not when
you start hiking rates.

The best that can be said for the dollar is now the system won't collapse. It is in
critical condition and on life support, but it still has a pulse.

"Save the world finance"

I was thinking the same thing..ammo left IMO is the interest rate increase.The dollar is
making leaps.

I agree - I think the financials and homebuilders will have double digit gains.

I'd hate to be long on Friday. Not that anything will happen on Friday, I just don't
trust this latest "save the world of finance" moment" January 23, March 17, July 15 and
now September 8. This had better work for all of us. How much ammo does the Government
have left without resorting to the Weimar era printing press.

Monday morning I think we're going to see one of the best up days in the market that we've
seen in a VERY long time due to the bailout of FRE/FNM. Looks like overseas is already up
huge on the news....

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