- 2x Inverse Financial [[SKF]]
- Chesapeake Energy Corporation [[CHK]]
- Research In Motion Limited (USA) [[RIMM]]
- Celgene Corporation [[CELG]]
Instead of trying to overthink this market, I will focus on four stocks and trade around them. SKF was bought this morning, I loaded up on CHK at this level, I will hold off on buying any more RIMM until I see further strength, and CELG will be bought on dips– always.
I will still scan for breakouts/breakdowns, but my focus will be on these four names.
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CHK is killing me….won’t rally with the other natgas plays….HK on fire past 2 days and chk burps and farts near the lows…..must be a fade the asshole cramer trade…..
HK gonna close at day low. WHAT THE FUCK.
Take a look @ UNG, and your answers will be found. I like CHK here for the risk/reward.
Meanwhile, SKF is taking off like a rocket ship, I should have kept my whole position.
RIMM is holding the 50 MA for now.
CELG, i want to buy more around $73
Hey Ragin I just shorted Lcc at 6.89 with a stop at 7.12.
What u think of the short airlines trade. I see double top resistance in alot of there charts. Plus they seem overbrought
Could be good for a quick trade.
Wow, SKF to the moon once again.
excellent ragin.
CELG I got stopped out. the uptick yesterday was lacking volume, imho CELG is good for 1-2 points on the short side.
CHK needs over 47.20 to me…..
Quick Haiku Break:
Short the N L Y…
It’s going in the shitter.
Do not question me.
_
Ragin-
I like your style.
Jake,
Because you’re my favorite here, I will buy puts in NLY.
haiku for honolaburr Jake:
Beahshittah
Tlades mahkit
Mahgin cawrrs, bad
Dice-K RedSoxsuckcocktoo–
Haiku is 5-7-5, fucknutz.
__
Thanks Rage… I think you’ll be risk-rewarded here. NLY is going to take a dive if these GSE’s turn out to be shit paper all over again.
what strike’s and month on NLY?
What you talk about, Jake? My peepo invent dat haiku shit! You no heah of foah-tree-foah? Rook it up aahscrown!
Is that right? I see 7 million shares sold in afterhours – NLY?
can’t be.
Caje,
I am not seeing that on my system. Watchoo got?
__
PS — CHK ended the day lying directly on the golden ratio (61.8%). Pretty farked up.
__
Dice-K seeking inspiration for next haiku:
_
You clown rapers. This is the best AH quote / vol situation.
7.14 million shares, 6.98 block. That’s pretty clownish.
Danny, you really need to work on your sensitivity, dude.
___
Jake–
LOL. Your mind is so fertile that you don’t need POT.
Little bird told me,
Jake Gint inspired to haiku.
I should feel flattered.
Im sick of these bullshit calls by everyone saying that the bottom is in and to get long.
This market is fucked.
Buy after the open and sell it all before the close, thats what winners do.
If this market was a patient that came into see me, I would immediately recommend that she douche at least 3x’s a week…..cause that pussy be stankin!
Fuck it, Ill tell her to shave that bush too.
FUCK EVERYONE….Im out.
how about adding CEPH and DECK short to the list?
DECK holding steady AH after earnings…
“beats by $0.15, beats on revs; guides Q3 EPS below consensus, revs in-line; raises FY08 guidance”
7 million shares afterhours in NLY, very strange.
I like your new focus on the fantastic four, Ragin.
I want to stab myself for selling all of my SKF the other day.
Well diversified! I like SKF and CELG on a bear play, CHK for oil’s resurrection, and RIMM just for those bear rally days. I stopped trading SKF, and got back into FXP though.