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Why if you listened to my position on UltraShort MSCI Emerging Mrkts ProShares (EEV) You Made 40%+ today
Oct 28th
If you did win with this trade today, my humble advice to you is to take the trade.
You got a 40% gain off my advice today, I fully expect a sell off day by close of thursday, as such, I am reversing my position on this stock.
Why if I was still able to, I would be buying Apple Inc. (AAPL)
Oct 21st
So AAPL is reporting tonight.
My suggestion is that this is a buy the rumor sell the news earnings report, in full reverse of the normal way to play a mac-rumor, I personally believe that no matter what happens to AAPL, the stock will be up 5+% tommrow.
I personally have gotten out of this market, I need to make sure my money is safe, because i may not be able to take out student loans this upcoming semester.
I just lost a bunch of money by switching to Shorting
Sep 23rd
Ok, thats it, one of these Jews (said with love) wins shorting…….
(My picture of timothy sykes is down atm (http://retardtrader.com/uploads/2008/02/tim-sykes-cult.jpg)
I lost a tremendous amount of my portfolio to what amounts to a 15 minute meeting + a london stop shorting announcement + my lack of a stock loss.
To be honest Ive never been a good shorter, who knows, maybe im just a hopless optimist, but from now on, I’m not shorting unless its a pair trade. I’m going to leave it up to Timothy Sykes and Doug Kass.
As for my personal account, im gonna come back, this time wiser, hey, at least I only lost 3000$ I could have been managing money, IMHO im glad I learned this lesson while I am at my current Level, I feel ill be a better trader for it.
Joe Biden to be Barack Obama’s Running Mate
Aug 22nd
Some of my contacts inside the Obama campaign have confirmed to me that Barack Obama has picked Joe Biden to be his running mate.
For those of you who dont know(according to wikipedia)
Joseph Robinette Biden, Jr. (born November 20, 1942) is the senior United States Senator from Delaware. He is a member of the Democratic Party, and is currently serving his sixth term. Biden has served for the sixth-longest period among current Senators (fourth among Democrats) and is Delaware’s longest-serving Senator. He is the Chairman of the U.S. Senate Committee on Foreign Relations in the 110th Congress. Biden has served in that position in the past, and he has served as Chairman of the U.S. Senate Committee on the Judiciary. He was a candidate for the Democratic Party’s nomination in the 2008 presidential election, but dropped out after the caucuses in Iowa on January 3, 2008.
I really think this was the best choice for Obama and wish them both luck.
MR PRESIDENT: Two Major banking institutions will collapse in addition to Fannie (FNM) and Freddie (FRE), QUIT TRYING TO STOP IT AND LET IT HAPPEN
Aug 19th
The Fed has been been throwing band aid’s on the financial sector for months, ever since the two day period where I rode Lehman (LEH) for 60+% but alas, what is going to happen to the financials is going to happen to the financials.
It is my humble opinion that the goverment needs to, and probably will eventually, let a major bank or two fail and take over Fannie and Freddie’s assets, because it is also my opinion that the debt, once cleared up, will allow new origination of loans followed by a rise in the economy that eventually will make the United States Government money.
This, however, is not the reason I am short Fannie May , FNM , the reason I am short is that in the next week or two I expect a Bear Sterns (bsc) esque panic. I also expect a quick drop after 5$ as there will no longer be joe shmoe internet trader in it as a short, and I expect margin call’s on Fannie longs to start hitting and causing the stock to get roughed up to the point where the stock is down to two and at that point the goverment will come in and buy it up, and heres the kicker, if Russia wants their debt in the companies paid for, they will have to pull out of Georgia.
After all, the fed can always print money.
When
A hedge to fund yourself with: the $150 oil caution, solar panel makers First Solar (FSLR) and Intel (INTC) might be for you
Jul 26th
So after reading the previous article you may have thought to ask,
“But Jay what happens if the price of oil goes up”
I have a hedge against that right here for you that I’m relatively sure will not go down that much if oil does that will experience a likely 20% gain if oil does rebound.
First Solar design manufactures and sells solar energy modules and Intel has recently gotten into the raquet due to their specialty in chip making anyway. Because these two companies will continue to have customers due to planning and smart (in my opinion) foresight on some peoples accounts. However, should $150 oil become a possibility again, and other energy costs go up with it, for example a continuing rise in oil these companies might be what you would want to be in, in addition to this intel is being used more in more in apple devices, as they can also have windows run on them, as such, if Apple (AAPL) goes up, then Intel (INTC) could easily too.
Time to get frugal: Buy the discount
Jul 22nd
“The quality of decision is like the well-timed swoop of a falcon which enables it to strike and destroy its victim.” Sun Tzu
Their are former multibillion dollar stocks trading like penny stocks at the moment, and that aint right,
Say it with me
That aint right
So what is the good idea, there are companies that have been beat down by the derpressing market condition’s but didnt really do anything wrong, so search out any stock that has lost 95% over the last year and didnt invest one dollar in a cdo (preferrably retail). Keep to the major exchanges, post it here and we can all talk about them togeather, if the market rebounds, there could be very good results.
Carl Icahn to buy Circuit City (CC)
Jun 12th
It is my belief that now that the the yahoo trade is over, Carl Icahn will use a large amount of money to buy a sizable chunk of Circuit City (CC) in the next few days.
If i can pull out of my disasterous Lehman Brothers trade, I am going to plunge a sizable amount of my portfolio in CC.
Also, take a look at the most recent Cody Report, its only 10 dollars a month and hes got a good 180% picking return rate.
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