- Just took profits on the last bit of LDK @ 16.20.
- Closed out AAPL @ 90.85, no mojo there, decided to take trade off.
- Booked profits on SRS, sold @ 57.80.
Look for a bunch of stuff this weekend, including a watchlist video.
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Just sold my SRS @ 57.80
Great trading this week RC! iBC really rep’d it on StockTwits this whole week. u, danny, and CA.
Thanks Gio. Surely, you deserve mad props as well.
re stocktwits, I always forget to $ the tickers! guess I’m more of a twitterer rather than stocktwitterer
It’s hard to keep tweeting all the time. Feels like a job.
Really?
I prefer tweeting my trades and intraday mkt thoughts on twitter.
much better chance of seeing my live entry /exit if you follow me on twitter. +, with twitter, I follow the people whose opinions I actually give a goat shit about. Less noise, better info.
comments here are harder to keep up with. Job is to trade, not debate opinions in comments section. Save that for after mkt hours.
comments section has gotten wack lately.
You guys are all forcing me to start doing this twitter bs. I hate you all.
comes with the traffics.
Most comments are fine, all the regulars are all the regulars, and there will always be the strays.
Here’s a novel idea though.
We work hard to establish a credibility via analysis, viz., charts, what have you.
So, if you come to the arena thinking you’re on the same page (like some many do), open a free photobucket account, whatever, do what it takes, bring your glorious ideas to the table.
And lo, the people do.
Dpeezy, Mr Eb, etc etc they all take that trouble, and are thusly, given more credit.
We have a section for entirely this purpose:
http://www.ibankcoin.com/peanut_gallery/
Sack up and use it.
CA: comments have gotten wack lately ?
I think the comments section has always been wack, you have to filter out 90% shit, to find the gems.
It is not that hard to find me. I stick with the Fly.
Sarah Palin may be dumb but she is Republican. So, she is the one in 2012.
I wouldn’t be so quick to take profits in SRS. IYR has been bouncing off support at 35ish for a week (much to my chagrin) and it FINALLY broke the fuck through that level to the downside. Should have plenty of room to keep plummeting now.
Waiting to see what Monday brings, will jump right back in it if need be.
Commercial RE getting TARP money soon? Check this bullshit out…
http://www.reuters.com/article/topNews/idUSTRE50847M20090109
TARP bill to help auto dealers, real estate
Fri Jan 9, 2009 12:04pm EST
By Jeremy Pelofsky
WASHINGTON (Reuters) – Legislation to add stricter conditions to the U.S. Treasury Department’s $700 billion financial services bailout program will also include help for municipalities, commercial real estate and auto dealers, a senior House Democrat said on Friday.
Rep. Barney Frank, chairman of the House Financial Services Committee, said he planned to release a draft bill later in the day setting stricter standards for the Treasury Department’s Troubled Asset Relief Program (TARP).
The Bush administration has already spent or committed $350 billion of TARP funds. The legislation Frank is proposing would add restrictions to the remaining half of the program’s funding.
“The municipalities, realtors, auto dealers — all of them — we’re talking about language that makes it clear that they get some help,” the Massachusetts Democrat told reporters.
Homeowners facing foreclosure will also get some relief, he said.
“We’re not going to be adding new powers that aren’t already in TARP. We’re going to require that some of them be used. A certain minimum amount is going to have to go for foreclosure relief,” Frank said before going into a closed-door meeting of House Democrats and aides to President-elect Barack Obama.
Separately, a draft report by a congressionally appointed TARP oversight panel criticized the Bush administration’s tracking of how TARP money was used by banks and said the program failed to allocate any TARP funds to stabilize the weak mortgage market.
Obama’s economic team is working on overhauling TARP to speed the flow of credit to consumers and the economy.
Frank’s bill will also include tougher executive compensation requirements for companies that accept federal money under TARP, he said.
“What I’ve told people and I’m going to tell the banks is, look, you don’t like these but would you rather have no $350 billion?” Frank said. “What’s at issue here is not just this 350 (billion) but whether or not people have lost confidence in our ability to intervene in general. So I think they have an interest in working this out with us.”