bimmerpost/
BMW M2 and 2-Series Coupe
BMW Garage BMW Meets Register Today's Posts
home
BIMMERPOST Universal Forums Off-Topic Discussions Board

Post Reply
 
Thread Tools Search this Thread
      05-17-2011, 02:38 PM   #1189
rallysport
New Member
rallysport's Avatar
Canada
2
Rep
14
Posts

Drives: bmw 128i
Join Date: Apr 2010
Location: Ontario

iTrader: (0)

I really hope this is the market pricing in the end of QE2. Im sick of looking at a loss almost every single day
Appreciate 0
      05-17-2011, 03:42 PM   #1190
AngelinIsRich08
Banned
United_States
64
Rep
708
Posts

Drives: '11 X5M, '09 CTS
Join Date: Jan 2011
Location: St. Louis, MO

iTrader: (0)

Golly I've lost so much money because of csco and SLV. Thinking of buying more csco at it's current price and sell at $17.20. Also I'm looking at AAPL, I missed my chance with GOOG I think, it's up $11.20 today.
Appreciate 0
      05-17-2011, 03:46 PM   #1191
AngelinIsRich08
Banned
United_States
64
Rep
708
Posts

Drives: '11 X5M, '09 CTS
Join Date: Jan 2011
Location: St. Louis, MO

iTrader: (0)

Will SLV ever reach $40? At least $36/8 by July? The US hit its debt limit yesterday and Geitners predictions of the end of the world if the debt ceiling isn't raised didn't come true. It hit the $14.3 trillion limit and the markets are pretty flat.
Appreciate 0
      05-17-2011, 05:37 PM   #1192
AngelinIsRich08
Banned
United_States
64
Rep
708
Posts

Drives: '11 X5M, '09 CTS
Join Date: Jan 2011
Location: St. Louis, MO

iTrader: (0)

Bought 150 shares of AAPL.
Appreciate 0
      05-17-2011, 05:37 PM   #1193
AngelinIsRich08
Banned
United_States
64
Rep
708
Posts

Drives: '11 X5M, '09 CTS
Join Date: Jan 2011
Location: St. Louis, MO

iTrader: (0)

Bought 150 shares of AAPL.
Appreciate 0
      05-17-2011, 05:59 PM   #1194
Dr. G
Major General
Dr. G's Avatar
287
Rep
5,064
Posts

Drives: Black e92 335i
Join Date: Apr 2010
Location: Brampton, Ontario

iTrader: (32)

Garage List
e92 BMW 335i  [8.84]
Quote:
Originally Posted by AngelinIsRich08 View Post
Bought 150 shares of AAPL.
Let's go apple!!!
__________________
JB4 / OSS Angel Eyes / Downpipes / F1-Racewerks FMIC / Custom Meth Kit / BMS DCI / ER Chargepipe / HKS BOV / BMS Meth Elbow / BMW Performance Exhaust / Carbon Fiber Inlay Quad Tips / 19" Miro 111 / Front Aero Lip / M3 Sides / VRS CSL Trunk / Mtech Rear / DD CF Quad Finned Diffuser / LCI Tails / BBK / Smoked Reflectors / F1 Euphoria LED Interior / License LED's / GT 5000k Corners / 5000k HID Fogs / Air Scoops / LED Turn Signals / FK Silverline Coilovers / HPA endlinks / Vibrant Resonators / Osram CBI 5000k D1S
Appreciate 0
      05-18-2011, 02:13 PM   #1195
stylinexpat
Major
stylinexpat's Avatar
423
Rep
1,427
Posts

Drives:
Join Date: Aug 2008

iTrader: (0)

Quote:
Originally Posted by AngelinIsRich08 View Post
I've lost about $20,000 this week because of CSCO and SLV.

Ouch..

Silver is quite volatile these days. When something is volatile it is better to only enter in very small positions especially if you are buying and selling call or put options. Short term Silver has quite a bit of selling pressure on it and because of this we see big swings up and down. If you are on the wrong side of the swing you get wiped out with call or put options. If you are not sure it is best to stay out,buy very little calls or puts or just buy shares that you can afford to go long on in the event it drops. In the long run Silver will for sure climb but short term it has been under pressure.
Appreciate 0
      05-18-2011, 02:16 PM   #1196
stylinexpat
Major
stylinexpat's Avatar
423
Rep
1,427
Posts

Drives:
Join Date: Aug 2008

iTrader: (0)

I'm thinking Apple,NVDA and OXY should bounce short term. SLV may touch $37-38 before expirations but they also may not because of all the $25-27 puts that I saw clear for SLV. I reckon oil prices will start to climb again and the USD may start to weaken again after the last few days/week of gains.

I like Costco and think they may see some gains. Earnings from Costco should be good and should not disappoint.
Appreciate 0
      05-19-2011, 10:24 AM   #1197
arggg45
Second Lieutenant
No_Country
14
Rep
245
Posts

Drives: fairly quickly.
Join Date: Oct 2010
Location: finding the end of the road

iTrader: (0)

Garage List
Short 200 shares of LNKD...at $85, the street is valuing a company with less than 15m in revenue at ~8.5 BILLION, more than Textron, Clorox, etc...
__________________
"It will not have enough power until I can spin the wheels at the end of a long straight in top gear."
-Mark Donohue
Appreciate 0
      05-19-2011, 12:01 PM   #1198
ES_TRADER
Colonel
351
Rep
2,928
Posts

Drives: 328i, 335i, M3, 535i, X5, 36M
Join Date: Oct 2010
Location: OC

iTrader: (3)

Garage List
2014 Ford Raptor  [0.00]
2012 328i E92  [10.00]
2013 X5  [0.00]
2013 335i F30  [8.00]
1990 Toyota Previa  [0.00]
1997 E36 M3  [10.00]
2011 E92 M3  [0.00]
2011 535i  [0.00]
Quote:
Originally Posted by arggg45 View Post
Short 200 shares of LNKD...at $85, the street is valuing a company with less than 15m in revenue at ~8.5 BILLION, more than Textron, Clorox, etc...
Ouch....$123...nerves of steel...good luck on it..
Appreciate 0
      05-19-2011, 12:21 PM   #1199
arggg45
Second Lieutenant
No_Country
14
Rep
245
Posts

Drives: fairly quickly.
Join Date: Oct 2010
Location: finding the end of the road

iTrader: (0)

Garage List
Quote:
Originally Posted by richpuer View Post
Ouch....$123...nerves of steel...good luck on it..
I got stopped out at 105.

That didn't work out the way I'd hoped. I'm tempted to get back in with 50 shares if it touches 125 or so and just see where it goes.
__________________
"It will not have enough power until I can spin the wheels at the end of a long straight in top gear."
-Mark Donohue
Appreciate 0
      05-19-2011, 03:55 PM   #1200
ES_TRADER
Colonel
351
Rep
2,928
Posts

Drives: 328i, 335i, M3, 535i, X5, 36M
Join Date: Oct 2010
Location: OC

iTrader: (3)

Garage List
2014 Ford Raptor  [0.00]
2012 328i E92  [10.00]
2013 X5  [0.00]
2013 335i F30  [8.00]
1990 Toyota Previa  [0.00]
1997 E36 M3  [10.00]
2011 E92 M3  [0.00]
2011 535i  [0.00]
Quote:
Originally Posted by arggg45 View Post
I got stopped out at 105.

That didn't work out the way I'd hoped. I'm tempted to get back in with 50 shares if it touches 125 or so and just see where it goes.
Not sure how u were able to short it...NO ONE was lending out shares today...who r clearing thru
Appreciate 0
      05-19-2011, 05:29 PM   #1201
AngelinIsRich08
Banned
United_States
64
Rep
708
Posts

Drives: '11 X5M, '09 CTS
Join Date: Jan 2011
Location: St. Louis, MO

iTrader: (0)

^^^^ Yea. I couldn't even find its stock symbol.
Appreciate 0
      05-19-2011, 09:05 PM   #1202
arggg45
Second Lieutenant
No_Country
14
Rep
245
Posts

Drives: fairly quickly.
Join Date: Oct 2010
Location: finding the end of the road

iTrader: (0)

Garage List
LinkedIn= LNKD

I use Lightspeed. I had to call to short the shares, as they were "unavailable" on the electronic platform...

This environment feels really similar to the tech bubble in the late 90's and early 00's
__________________
"It will not have enough power until I can spin the wheels at the end of a long straight in top gear."
-Mark Donohue

Last edited by arggg45; 05-19-2011 at 09:18 PM..
Appreciate 0
      05-20-2011, 10:18 AM   #1203
AngelinIsRich08
Banned
United_States
64
Rep
708
Posts

Drives: '11 X5M, '09 CTS
Join Date: Jan 2011
Location: St. Louis, MO

iTrader: (0)

Now why the hell would SLV go down when the markets are bad? DOWJ is down 90 now because of Europe and so is everything including precious metals. Aren't they supposed to hedge us against these markets???
Appreciate 0
      05-20-2011, 06:00 PM   #1204
AngelinIsRich08
Banned
United_States
64
Rep
708
Posts

Drives: '11 X5M, '09 CTS
Join Date: Jan 2011
Location: St. Louis, MO

iTrader: (0)

I'm thinking stocks will rebound tomorrow. Might pick up siri shares.
Appreciate 0
      05-23-2011, 10:21 AM   #1205
AngelinIsRich08
Banned
United_States
64
Rep
708
Posts

Drives: '11 X5M, '09 CTS
Join Date: Jan 2011
Location: St. Louis, MO

iTrader: (0)

Should have sold AAPL Thursday while I was at a $1500 profit. Now at $600 loss.
Appreciate 0
      05-24-2011, 02:25 PM   #1206
stylinexpat
Major
stylinexpat's Avatar
423
Rep
1,427
Posts

Drives:
Join Date: Aug 2008

iTrader: (0)

Hopefully OXY and SLV have hit bottom and climb back from here. Saw many buy orders clearing OXY calls today.
Appreciate 0
      05-24-2011, 04:07 PM   #1207
AngelinIsRich08
Banned
United_States
64
Rep
708
Posts

Drives: '11 X5M, '09 CTS
Join Date: Jan 2011
Location: St. Louis, MO

iTrader: (0)

Quote:
Originally Posted by stylinexpat View Post
Hopefully OXY and SLV have hit bottom and climb back from here. Saw many buy orders clearing OXY calls today.
I hope. Will SLV hit $40 again?
Appreciate 0
      05-25-2011, 08:13 AM   #1208
stylinexpat
Major
stylinexpat's Avatar
423
Rep
1,427
Posts

Drives:
Join Date: Aug 2008

iTrader: (0)

Quote:
Originally Posted by AngelinIsRich08 View Post
I hope. Will SLV hit $40 again?

Long term sure, short term it is hard to say because if Soros or Carlos have more to unload we could see another dip. Provided no more manipulation or big boys selling takes place Silver should start to climb back.

I hope we see some gains today to add to yesterday's gains. Asia managed to hold and add some more today.
Attached Images
 
Appreciate 0
      05-25-2011, 12:24 PM   #1209
Chowbow
pew pew
169
Rep
6,781
Posts

Drives: 三三五i
Join Date: Aug 2007
Location: CA

iTrader: (6)

Garage List
I went into a long position on GLD while SLV was extremely volatile. Slow and steady I guess. Funny, but years ago nobody would have said GLD would be a steady position to be in. :P
__________________
CSL replicas are now CSL counterfeits. Jesus saves, like Valentine1.
Appreciate 0
      05-25-2011, 08:28 PM   #1210
AngelinIsRich08
Banned
United_States
64
Rep
708
Posts

Drives: '11 X5M, '09 CTS
Join Date: Jan 2011
Location: St. Louis, MO

iTrader: (0)

Dang NFLX and SIRI. I could've made over $8k this week if I had the money to buy them last week, which I wanted, but instead couldn't pass up the huge AAPL dip. Now I'm sitting at a $500 profit instead of the several thousand that could've been made.
Appreciate 0
Post Reply

Bookmarks


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 11:55 PM.




g87
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST