1. Welcome! Please take a few seconds to create your free account to post threads, make some friends, remove a few ads while surfing and much more. ClutchFans has been bringing fans together to talk Houston Sports since 1996. Join us!

  2. Watching NBA Action
    Can former Rocket Eric Gordon and the Suns bounce back against the Timberwolves? Come join Clutch as we're watching NBA playoff action live!

    LIVE: NBA Playoffs!
    Dismiss Notice

STOCK MARKET: Let's talk stocks and investing

Discussion in 'BBS Hangout' started by SWTsig, Jun 2, 2008.

  1. benchmoochie

    benchmoochie Contributing Member

    Joined:
    Nov 17, 2003
    Messages:
    5,644
    Likes Received:
    132
    interesting day. momos losing steam. I think nflx could go to 355 by Friday. this monthly options exp is gonna be interesting.
     
  2. Ron from the G

    Ron from the G Contributing Member

    Joined:
    Feb 14, 2008
    Messages:
    1,091
    Likes Received:
    77
    Lots of dark pool activity selling into the move up today. I'm tightening stops up on any of my longs that I didn't get out of today.
     
  3. s land balla

    s land balla Contributing Member

    Joined:
    Apr 24, 2001
    Messages:
    6,608
    Likes Received:
    365
    How do you see this activity?
     
  4. Ron from the G

    Ron from the G Contributing Member

    Joined:
    Feb 14, 2008
    Messages:
    1,091
    Likes Received:
    77
    I don't. I'm not that bright. =) A guy I know with some algos that monitor HFT activity.
     
  5. benchmoochie

    benchmoochie Contributing Member

    Joined:
    Nov 17, 2003
    Messages:
    5,644
    Likes Received:
    132
    I found it odd that the Russell 2000 went up. Anyhow we know that all the fund managers are behind the 8 ball and chasing alpha rest of year..thats why they buying up apple which is in their mind a safe haven and can get gains out of it. But on the flip side hedge funds gotta bring this stuff down before end of year so they can buy for a run up and create more "gains" ha ha.
     
  6. BasketballReasons

    BasketballReasons Contributing Member

    Joined:
    Jun 27, 2008
    Messages:
    5,045
    Likes Received:
    237
    Looking to get back into the market after a couple months away.

    Looking at biotech's or consumer goods (christmas, etc). Have a little cash on hand trying to get in and out by February.

    Anyone have any good ideas? Only biotech I own is GILD.

    Was thinking of GPRO as well.
     
  7. Ron from the G

    Ron from the G Contributing Member

    Joined:
    Feb 14, 2008
    Messages:
    1,091
    Likes Received:
    77
    The current run up has literally never happened before in the history of US Equities. 29 straight days over the 5d ma in the SP500 has never happened. Everything is really over extended. It of course can get more over extended, but it's not really a good time to be going long if your looking to get out in February. IMO.
     
  8. whag00

    whag00 Contributing Member

    Joined:
    Jun 19, 2003
    Messages:
    5,611
    Likes Received:
    3,587
    Yikes...oil getting crushed. Gonna be a bloodbath for oil related stocks tomorrow.
     
  9. benchmoochie

    benchmoochie Contributing Member

    Joined:
    Nov 17, 2003
    Messages:
    5,644
    Likes Received:
    132
    Been short Xle since last Fridays high. Tomorrow session is only 3.5 hours. Low volume could be interesting. Last wed I saw a 9900contract buy to open on the April 2015 $25p of uso. Thought this was a foretelling sign of things to come
     
  10. robbie380

    robbie380 ლ(▀̿Ĺ̯▀̿ ̿ლ)
    Supporting Member

    Joined:
    Aug 16, 2002
    Messages:
    23,265
    Likes Received:
    9,620
    Nice trade....hope it keeps crashing for you.
     
  11. Ron from the G

    Ron from the G Contributing Member

    Joined:
    Feb 14, 2008
    Messages:
    1,091
    Likes Received:
    77
    Buying volatility this morning for a swing.
     
  12. Yonkers

    Yonkers Contributing Member

    Joined:
    Jun 19, 2002
    Messages:
    8,433
    Likes Received:
    480
    Any opinions on natural gas? It's been taking a beating with the revised temperature numbers. UGAZ has down 50% in the last month. Seems like it has to be nearing bottom but not sure.
     
  13. The Real Shady

    The Real Shady Contributing Member

    Joined:
    Jun 8, 2000
    Messages:
    17,170
    Likes Received:
    3,966
    I'm already in. Just need word of a cold front coming through for it to shoot up again.
     
  14. Ron from the G

    Ron from the G Contributing Member

    Joined:
    Feb 14, 2008
    Messages:
    1,091
    Likes Received:
    77
    I ended up taking a loss on this yesterday rather than holding on and am about to reenter here very soon today. Plan to hold for a few weeks from here if it works out. Depends on the action.
     
  15. benchmoochie

    benchmoochie Contributing Member

    Joined:
    Nov 17, 2003
    Messages:
    5,644
    Likes Received:
    132
    I bought bidu monthly 230 calls and weekly 230 calls when it hit the 50dma. Which is a little against my market theory but I bought it would retrace to 238
     
  16. benchmoochie

    benchmoochie Contributing Member

    Joined:
    Nov 17, 2003
    Messages:
    5,644
    Likes Received:
    132
    I also bought the weekly iwm 118.50p when iwm hit 117.90. I'm looking for s afternoon fade.
     
  17. paulnhbtx

    paulnhbtx Member

    Joined:
    Feb 21, 2009
    Messages:
    1,065
    Likes Received:
    22
    Just got 103 units of SUBCY @ 9.66 each.. I feel like they can get back up to 15.00 or more.. would be nice if they get back up in the 20.00's
     
  18. benchmoochie

    benchmoochie Contributing Member

    Joined:
    Nov 17, 2003
    Messages:
    5,644
    Likes Received:
    132
    I'm holding this short. I will close it if it goes over $83 though. I also have a small position on the xle $70put expiring march 2015.
     
  19. paulnhbtx

    paulnhbtx Member

    Joined:
    Feb 21, 2009
    Messages:
    1,065
    Likes Received:
    22
    I bought the SUBCY too soon it has some more tumbling to do hahaha.. its now at 8.98 a share haha
     
  20. benchmoochie

    benchmoochie Contributing Member

    Joined:
    Nov 17, 2003
    Messages:
    5,644
    Likes Received:
    132
    Huge sell program went in.
     

Share This Page

  • About ClutchFans

    Since 1996, ClutchFans has been loud and proud covering the Houston Rockets, helping set an industry standard for team fan sites. The forums have been a home for Houston sports fans as well as basketball fanatics around the globe.

  • Support ClutchFans!

    If you find that ClutchFans is a valuable resource for you, please consider becoming a Supporting Member. Supporting Members can upload photos and attachments directly to their posts, customize their user title and more. Gold Supporters see zero ads!


    Upgrade Now