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Momentum Trading with RaginCajun

RaginCajun
Joined Jan 27, 2008
7,405 Blog Posts

First Buy of ’09

RaginCajun Mon Jan 5, 2009 2:52pm EST 12 Comments

I bought SRS @ 54.82

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12 comments

  1. RaginCajun
    RaginCajun
    January 5, 2009 at 2:55 pm

    JPM also looks like a good short here, broke opening lows.

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  2. crude_oil
    crude_oil
    January 5, 2009 at 3:05 pm

    I’m with u you at $54.68.

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  3. jig
    jig
    January 5, 2009 at 6:45 pm

    lol, now we have RC, fly, tim knight, and the devildog on this train!! good company 🙂

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  4. 308
    308
    January 5, 2009 at 7:02 pm

    I want it to say WYNN long on my Stock of the year.

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  5. 308
    308
    January 5, 2009 at 7:03 pm

    🙂

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  6. ZMoose12
    ZMoose12
    January 5, 2009 at 7:08 pm

    Good call my man… This bad boy is set to go to the moon in a rocket ship.

    ZM

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  7. The Frog
    The Frog
    January 5, 2009 at 7:49 pm

    Cajun,

    I too am in the SRS game. Entry at about 55, any advice on an exit strategy? Or am I looking too far into the future?

    The Frog

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  8. Jakegint
    Jakegint
    January 5, 2009 at 8:10 pm

    Crowded train.

    I got in on Friday, and added some more at today’s close.

    But I still have CBL, NHI, and UBA as well.

    ___________

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  9. boca
    boca
    January 5, 2009 at 8:23 pm

    I’m on the SRS train too…

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  10. StockRake
    StockRake
    January 5, 2009 at 8:26 pm

    I’m on board also. Except shorting URE – same thing.

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  11. Q4
    Q4
    January 5, 2009 at 8:27 pm

    SRS – same
    XOM – short via puts
    Took a small put position in HANS.

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  12. Q4
    Q4
    January 5, 2009 at 8:33 pm

    RATE – grande put position (@39)

    Anybody on MAC, may open short position tomorrow.

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