Comments on: StockTwits for Idiot Retail Investors: Week #1

By: StockTwits for Idiot Retail Investors: Week #3 — Firebones

StockTwits for Idiot Retail Investors: Week #3 — Firebones — Mon, 26 Jan 2009 03:20:31 +0000

[...] out my $NDAQ short. Lindzon said it would be a teenager and it was. Covered at $19 on cost basis of $23.50. If you recall, this was my “bad” [...]

By: StockTwits for Idiot Retail Investors: Week #2 — Firebones

StockTwits for Idiot Retail Investors: Week #2 — Firebones — Tue, 20 Jan 2009 03:58:22 +0000

[...] Last week I talked about the possibility of $AAPL falling and $PALM rising on the Pre announcement, and how one trade might be to rid myself of the $AAPL short as it drops and enter some kind of $PALM short position. I held off this week because I don’t have a feel for $PALM yet (and because the 4-8-21 signal isn’t close to being set up), but I think $PALM fails here in the long run. I don’t know where they are on the hype curve and therefore don’t know how high they can go, but in @upsidetrader’s parlance, I’m watching this one like a peregrine falcon. [...]

By: firebones

firebones — Mon, 12 Jan 2009 22:47:07 +0000

I suspect that when history looks back on this, it will be one for the textbooks: when health privacy meets SEC disclosure regulations, which one wins? I'm not saying that there isn't a hormone imbalance, or that said hormone imbalance isn't the full picture; I'm just saying that short of a transition or succession plan being announced, there's going to be uncertainty that caps the price. Once the news is out, the buying opportunity begins after the resulting price drop.

By: firebones

firebones — Mon, 12 Jan 2009 22:43:15 +0000

And thanks to @StockTwits for the RT and mention.

Agree on it being inning 1 for @mandelbrot. The one this morning regarding interest rates was probably the most interesting one I've seen so far.

By: firebones

firebones — Mon, 12 Jan 2009 22:41:05 +0000

Absolutely. Once again, why @fortune8 is on my shortlist.

3x leveraged ETFs are more like Atomic Buffalo Turds–good for an appetizer (day trade), but don't expect to make a meal of them or use them as part of any long-term coherent strategy.

By: firebones

firebones — Mon, 12 Jan 2009 22:38:58 +0000

Unfortunately, daytrading is out, which is killing me on days like today when I couldn't cash in on your $FAZ suggestion. But I'll keep reading/learning.

By: fortune8

fortune8 — Mon, 12 Jan 2009 14:09:14 +0000

True!

I blogged about it here http://fade-me.blogspot.com/2008/12/beware-of-l...

and here http://fade-me.blogspot.com/2008/12/bep.html

By: steveplace

steveplace — Mon, 12 Jan 2009 13:35:13 +0000

Just remember the mathematical inefficiencies over the long term for the leveraged etf hand grenades.

By: steveplace

steveplace — Mon, 12 Jan 2009 13:34:36 +0000

I picked up some bearish MS call spreads on the open into resistance. Should be a good trade.

By: Stuart Glendinning Hall

Stuart Glendinning Hall — Mon, 12 Jan 2009 13:30:19 +0000

I've followed news of Steve Jobs health and share value here on the ICAEW's IT Counts site: http://www.ion.icaew.com/itcounts/16716#62782 but in essence it says that Jobs does have a health issue, what he termed a “hormone imbalance” in an open letter to the Mac community last week, but he's basically fine.