[BayMoWe335]

Originally Posted by Polarbear83

Back in ’08, when I was young and brash I lost about 5k in 3 months during the recession. I know it doesn’t sound like a lot, but I had been working for only a year or so, and trading casually, so my savings weren’t substantial.

I ended up liquidating my positions at a 3k loss. Learnt a few things since that debacle.

took a long break from the markets after that.

Sometimes, the hardest thing to accept is not a loss of money, but a loss of pride.

If you were patient, you'd probably be up at this point. This is why you don't trade with money you'll need in the next few years.

[SuperBmw]

See lots of Baidu and Apple talk.... I'm holding onto both at the moment myself and thinking it may be time to sell.

[SuperBmw]

PS: The richmont Mines that was mentioned couple posts ago is up 20% Wohoo!

[nnnnnnnnnnnnnnnnnnnnnn]

Originally Posted by BayMoWe335

If you were patient, you'd probably be up at this point. This is why you don't trade with money you'll need in the next few years.

In the midst of a serious recession, I highly doubt many people would just hold on. I removed myself from the stock market up until the beginning of last year. I'd rather sideline and watch, then fuck with the nonsensical movements the markets were making. That's when I took up currency trading

[BayMoWe335]

Originally Posted by ferrari355fi

In the midst of a serious recession, I highly doubt many people would just hold on. I removed myself from the stock market up until the beginning of last year. I'd rather sideline and watch, then fuck with the nonsensical movements the markets were making. That's when I took up currency trading

I bought more.

[stylinexpat]

Originally Posted by stylinexpat

One thing for sure is to buy the dips on Silver,Oil and Gold. I'm sticking with buying the dips on Silver.

http://noir.bloomberg.com/apps/news?...d=azNkBu9ZGp4A

Silver will see $40 and then hopefully climb to $50 after.

NVDA took quite a bit of a beating recently it should be poised for a rebound unless the market tanks. AMD should also rebound unless market tanks and does not hold ground. My guess is we turn around from here. Let's see where we head next week on Monday. On Friday SLV was down about 3% but finished up almost 2% which is a good 5% turn around so it looks like we bottomed on Friday morning right after opening bell.

As I had said NVDA was due for a rebound and did rebound. We saw some good gains recently. NVDA is good to buy on the dips. Earnings this quarter will be good.

http://www.google.com/finance?q=NASDAQ:NVDA

http://www.google.com//finance?chdnp...AQ:NVDA&ntsp=0

[Polarbear83]

Originally Posted by BayMoWe335

If you were patient, you'd probably be up at this point. This is why you don't trade with money you'll need in the next few years.

generally, I would tolerate a 20% drop for natural market volatility, anything more than that I've learnt to cut my losses and get the hell out.

[stylinexpat]

In the last 3 months BIDU has climbed over 35% and if you had bought call options you would be rich by now.

http://www.google.com/finance?q=NASDAQ:BIDU

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WASHINGTON (MarketWatch) -- The Federal Reserve will release the identity of commercial banks who received emergency loans during the peak of the financial crisis in 2008 on Thursday, a spokesman for the central bank said Tuesday. The release complies with a federal appeals court decision from a Freedom of Information Act lawsuit filed by Bloomberg LP's Bloomberg News. Last week, the Supreme Court refused to consider an appeal filed by a trade group of large banks. All of the data relates to borrowing at the Fed's discount window, the short-term lending facility for banks facing imminent liquidity concerns. The material spans the period from August 8, 2007 until March 1 2010.


Well, thursday should be interesting...

[AngelinIsRich08]

Should I buy call options for GLD? If it hits inflation status of $230 I would get a 4140% return. This by Jan. 2012. I read it on market watch.

[E92TTKING]

just bought some visa

[BayMoWe335]

Originally Posted by greek335xi

just bought some visa

Got it at $66.90 way back in December. Riding it for a bit...kind of upset I didn't take profit at $77.

[stylinexpat]

Originally Posted by greek335xi

just bought some visa

Visa does not really move. A stock that has been on the move recently is OVTI. Not sure if it topped out or going to $50 next.

[stylinexpat]

Originally Posted by greek335xi

just bought some visa

Lucky you your Visa is up nicely today. Today may be a good day to sell them.

http://www.google.com/finance?q=NYSE:V

[nnnnnnnnnnnnnnnnnnnnnn]

Originally Posted by stylinexpat

Lucky you your Visa is up nicely today. Today may be a good day to sell them.

http://www.google.com/finance?q=NYSE:V

That reminds me. For all of you guys who are just getting into trading or haven't been trading too long, some if not most brokerages that let you do online trading will lock you out of your account if you buy and sell too many stocks too quickly if you do not have above a certain amount in your account (usually it is $25k). They consider that day trading. Just giving those of you who are just dabbling or learn a heads up. If you want me to clarify it more, I will.

[BayMoWe335]

Originally Posted by stylinexpat

Visa does not really move. A stock that has been on the move recently is OVTI. Not sure if it topped out or going to $50 next.

Or $90.

V is another leader.

With mobile payments on the horizon and cash dying more each day, Visa is poised to be a leader in a growing market of electronic payment. The Fed can try to cap transaction limits all they want. Visa, MA, AXP, DFS will figure out how to make it back in other ways.

[E92TTKING]

Originally Posted by ferrari355fi

That reminds me. For all of you guys who are just getting into trading or haven't been trading too long, some if not most brokerages that let you do online trading will lock you out of your account if you buy and sell too many stocks too quickly if you do not have above a certain amount in your account (usually it is $25k). They consider that day trading. Just giving those of you who are just dabbling or learn a heads up. If you want me to clarify it more, I will.

i always keep 50K in so no worries.
I went on a mission for lent see how much I can make in the market and then pull out. Basically i am looking to sell fast not keep a stock in the long run.

[stylinexpat]

Originally Posted by greek335xi

i always keep 50K in so no worries.
I went on a mission for lent see how much I can make in the market and then pull out. Basically i am looking to sell fast not keep a stock in the long run.

I'm picking up some LVS puts due to this.

Sands China: Being Investigated By Hong Kong Securities Regulator
Last update: 3/30/2011 8:10:13 PM
HONG KONG (Dow Jones)--Las Vegas Sands Corp. (LVS) unit Sands China Ltd. (1928.HK) said Thursday it is being investigated by Hong Kong's securities regulator for alleged breaches of provisions of the Securities and Futures Ordinance.
The company said in a statement to the Hong Kong stock exchange the Securities and Futures Commission has asked the company to produce "certain documents," and it "is not permitted to comment further at this time."
Las Vegas Sands said in its annual report filed earlier this month that it had received a subpoena from the U.S. Securities and Exchange Commission requesting the company produce documents related to its compliance with the Foreign Corrupt Practices Act and that the Justice Department "is conducting a similar investigation." The law prohibits U.S. companies from making payments to foreign officials to get or keep business.
The U.S. gambling giant said it believed the subpoena stemmed from allegations in a wrongful-termination lawsuit filed in October against the company by its former head of Macau operations, Steve Jacobs. The Nevada Gaming Control Board said it has also initiated an investigation into the same matter.
-By Kate O'Keeffe, Dow Jones Newswires; 852-2802-7002; kathryn.okeeffe@dowjones.com

[stylinexpat]

Originally Posted by ferrari355fi

That reminds me. For all of you guys who are just getting into trading or haven't been trading too long, some if not most brokerages that let you do online trading will lock you out of your account if you buy and sell too many stocks too quickly if you do not have above a certain amount in your account (usually it is $25k). They consider that day trading. Just giving those of you who are just dabbling or learn a heads up. If you want me to clarify it more, I will.

Not an issue for me.

[nnnnnnnnnnnnnnnnnnnnnn]

Originally Posted by stylinexpat

I'm picking up some LVS puts due to this.

Sands China: Being Investigated By Hong Kong Securities Regulator
Last update: 3/30/2011 8:10:13 PM
HONG KONG (Dow Jones)--Las Vegas Sands Corp. (LVS) unit Sands China Ltd. (1928.HK) said Thursday it is being investigated by Hong Kong's securities regulator for alleged breaches of provisions of the Securities and Futures Ordinance.
The company said in a statement to the Hong Kong stock exchange the Securities and Futures Commission has asked the company to produce "certain documents," and it "is not permitted to comment further at this time."
Las Vegas Sands said in its annual report filed earlier this month that it had received a subpoena from the U.S. Securities and Exchange Commission requesting the company produce documents related to its compliance with the Foreign Corrupt Practices Act and that the Justice Department "is conducting a similar investigation." The law prohibits U.S. companies from making payments to foreign officials to get or keep business.
The U.S. gambling giant said it believed the subpoena stemmed from allegations in a wrongful-termination lawsuit filed in October against the company by its former head of Macau operations, Steve Jacobs. The Nevada Gaming Control Board said it has also initiated an investigation into the same matter.
-By Kate O'Keeffe, Dow Jones Newswires; 852-2802-7002; kathryn.okeeffe@dowjones.com

I don't know if it is still true or not, but LVS used to be used as a pump and dump for some pretty big hedge funds.

[stylinexpat]

Originally Posted by stylinexpat

I'm picking up some LVS puts due to this.

Sands China: Being Investigated By Hong Kong Securities Regulator
Last update: 3/30/2011 8:10:13 PM
HONG KONG (Dow Jones)--Las Vegas Sands Corp. (LVS) unit Sands China Ltd. (1928.HK) said Thursday it is being investigated by Hong Kong's securities regulator for alleged breaches of provisions of the Securities and Futures Ordinance.
The company said in a statement to the Hong Kong stock exchange the Securities and Futures Commission has asked the company to produce "certain documents," and it "is not permitted to comment further at this time."
Las Vegas Sands said in its annual report filed earlier this month that it had received a subpoena from the U.S. Securities and Exchange Commission requesting the company produce documents related to its compliance with the Foreign Corrupt Practices Act and that the Justice Department "is conducting a similar investigation." The law prohibits U.S. companies from making payments to foreign officials to get or keep business.
The U.S. gambling giant said it believed the subpoena stemmed from allegations in a wrongful-termination lawsuit filed in October against the company by its former head of Macau operations, Steve Jacobs. The Nevada Gaming Control Board said it has also initiated an investigation into the same matter.
-By Kate O'Keeffe, Dow Jones Newswires; 852-2802-7002; kathryn.okeeffe@dowjones.com

Puts will pay well today. I figured it would take a beating today. Down quite a bit this morning in pre-market before the market opens.

http://www.google.com/finance?q=NYSE:LVS

[E92TTKING]

He guys i bought alot of Jazz Pharmaceuticals Inc yesterday and now its down the gutter. Im actually quite worried. Anyone think they will swing around or should i sell short? Plz advice with this one i have no idea