We’re due to bounce hard off oversold levels. I am anticipating a 200-500 point move higher from here. Do to the shift in sentiment, I will be adding to longs today.
Rumors are swirling around WLT, regarding a takeover bid. Truth be told, these rumors have been out there for awhile. However, I believe my source is a little better than the average Joe. I like WLT here, even though it’s up $16 in pre-market trade.
My TNA calls will rip higher on the open. I am looking for it to run past $45, short term.
Finally, we all know the banks aren’t lending, much to the government’s chagrin. What if the FHFA lawsuit is a way to threaten the banks, in order to make them open the spigots? Perhaps the government is using a little leverage in their efforts to get those fuckers to start lending again. If so, I like it. However, something tells me the government isn’t that smart.
NOTE: For the next two days, The PPT members will gain free trial access to 12631. If you were on the fence about both products, I advise you join now, in order to get a free look at the unparalleled work of Chess and RC at 12631
If you enjoy the content at iBankCoin, please follow us on Twitter
Was debating TNA calls y’day towards close then saw your post, that was good confirmation for me so leveraged w/Sep 40’s…thanks Fly
“Perhaps the government is using a little leverage in their efforts to get those fuckers to start lending again. If so, I like it. However, something tells me the government isn’t that smart.”
No they’re not, which means there will be a very quick resolution and the promise to lend more, however the final deal will be far less than what is being touted, I think.
The banks could also make a deal to stop any further suits too.
Gubernmint like a box of chocolates….
hello everyone, i dont post here at all but love reading the site and flys opinions. im thinking of joining the PPT or one of its other services. I am a swing trader and mostly just trade futures. does anyone else trade futures using the PPT or is it mainly a stock tool? the hybric scoring system looks insanely useful for swing trading the /ES. any feedback is much appreciated. Thank you.
Obama is the government. The government is good a organizing communities to fail.
Fuck him and the 3 legged goat he rode in on
the government is organizing communities to fail.I WISH I SAID THAT! THE MIDDLE CLASS. i dont CARE what he has to say in his stupid speech tomorrow.if i cant get money to restart my business after being self employed for 10 years,and cant find work that pays more than micky dee’s than he can take his speech and shove it up his ass
ppt and 12631 are well worth it. proud member
and i fucking nailed it yesterday
If you had asked me two days ago I would have said with much certainty (and only partially joking) that the euro would not survive the week….what a rapid change in sentiment. We could run the rest of the week with Obama’s speech.
And remember, Obama is your daddy.
fuckin absentee daddy.shoulda used pimp.no dis respec to da Po
Watch yo’self.
Chess and RC are worth the price of admission. RC makes calls and plays only a “hummingbird” could follow if that’s your style. And Chess… literally plays a game of chess with the market. He never falters in his attention to detail and his consistency even in huge volatility is exactly what any sane person would want. Not to mention those “market re-caps” are genius.
I’m a very happy PPT member and the Pelican Room really is something I enjoy.
PPT and 12631. If you actually trade you have to spend this $ for membership. Just do it, you will see
In early trading I see opposite of yesterday AM.
Q’s (led by AAPL) is under performing.
I am leery.
But I also still see dead people.
Hello Uncle Leo and Aunt Thelma from Miami Beach.
tc. there was a public service anouncement yestaday. due to the hoilday on monday,head fake tuesday was moved to wednesday.
Could this be the opposite of yesterday? Bulls shoot wad early and trail off
Fly, $F pre-earnings and post??? Thx, if you care to share!