Buying Stock Like A Banshee With A Hot Poker Up His Ass

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January 8, 2009

The SPX did exactly what I was hoping for with a move lower below the 900 level and now above it. A close above 908 suggests we are going back up to 950.

BEE, SHO, EXM, DRYS, JRCC, SOLF, YGE, FCH, more PDLI, and FCH

I also went long this morning the NDX and RUT.

Looking for more buys.

*forgot took a small position in GBG too.



  • http://www.stockrake.com StockRake

    Sold almost everything except PDLI and BEE…

    took losses on most everything. Not a good start to the day.

  • http://scalptrading.blogspot.com singh

    did anyone saw ABK 2.50 jan call vol. 9700 oh man something BIGG coming imo mak my post

  • http://www.stockrake.com StockRake

    Today was crazy and I lost money, but I'm happy because of the SPX movement.

    Bought Dry Shipping stocks bigtime. Some Solars as well. Short QID and long the indexes.

  • http://www.stockrake.com StockRake

    Sold almost everything except PDLI and BEE…

    took losses on most everything. Not a good start to the day.

  • http://scalptrading.blogspot.com singh

    did anyone saw ABK 2.50 jan call vol. 9700 oh man something BIGG coming imo mak my post

  • http://www.stockrake.com Sensei

    Actually I lost a little bit with the stocks and made alot with the indexes.

  • http://www.stockrake.com StockRake

    Today was crazy and I lost money, but I'm happy because of the SPX movement.

    Bought Dry Shipping stocks bigtime. Some Solars as well. Short QID and long the indexes.