tag:blogger.com,1999:blog-429358648825183567.post9016416401882880914..comments2024-03-22T00:21:01.441-07:00Comments on Crash Market Stocks - Financial Tips On Making Money In The Stock Market: Banks Are Back - Investors Finally See Green In TradingUnknownnoreply@blogger.comBlogger8125tag:blogger.com,1999:blog-429358648825183567.post-302731127627067862013-04-05T13:46:22.092-07:002013-04-05T13:46:22.092-07:00The banks are still shaky. The banks are still shaky. QUALITY STOCKS UNDER 5 DOLLARShttp://www.chicagoillinoisbusinesslist.com/business/5066133.htmnoreply@blogger.comtag:blogger.com,1999:blog-429358648825183567.post-48754391341782661822009-02-25T11:22:00.000-08:002009-02-25T11:22:00.000-08:00Anon,I mentioned two weeks ago that I had sold a l...Anon,<BR/>I mentioned two weeks ago that I had sold a lot of my gold options as we saw gold skyrocketing. I did not have much gold remaining, but as I saw it take a big hit yesterday, and looked at some charts for gold, I found it a good time to get out completely. I plan on getting back in soon, I just personally feel it may drag the next month or twoFinance Fanatichttps://www.blogger.com/profile/14477699822418504148noreply@blogger.comtag:blogger.com,1999:blog-429358648825183567.post-62747301329656476932009-02-25T11:11:00.000-08:002009-02-25T11:11:00.000-08:00Could you give me more insights about this : "The ...Could you give me more insights about this : <BR/><BR/>"The selling volume was very low and the number of new lows were minimal, which was a sign that we were quite oversold."<BR/><BR/>"We may not rally from this point, but we have a lot of indicators that we are oversold at the moment and that we could indeed see a strong bump in the bear market."<BR/><BR/>Thank you :)Anonymoushttps://www.blogger.com/profile/10098817045353871785noreply@blogger.comtag:blogger.com,1999:blog-429358648825183567.post-77142674408254658812009-02-25T10:41:00.000-08:002009-02-25T10:41:00.000-08:00you mentioned today that you sold your Gold yester...you mentioned today that you sold your Gold yesterday...as Gold plummets. Yet yesterday , you did not mention that as Gold skyrockets.What gives?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-429358648825183567.post-84310259951557713042009-02-25T05:31:00.000-08:002009-02-25T05:31:00.000-08:00Let it be said, I am trading these bank preferreds...Let it be said, I am trading these bank preferreds vs shorts and it is a trade...not a long term investment!<BR/><BR/>I actually think the equity on the banks is the shock absorber. And over time the preferreds will be converted into equity. But that is a conversation for another day as the banks will drag their heels to show what lies beneath their kimonos. It will be like the Crying Game. Very ugly. <BR/><BR/>In the meantime trade the relative value as the government will try to hide how under water their TARP preferreds are until they can't. With these preferreds trading like garbage, what does that say about the TARP? Is it still ranked at 100 cents on the dollar? Probably yes! More fuzzy government math.<BR/><BR/>I'm long these preferreds vs my shorts. Also long PFF July 19 calls. 80% of it is financial preferreds. The longer duration of the options is worth the extra premium as it won't decay on me over nite.<BR/><BR/>I fight garbage with garbage!___https://www.blogger.com/profile/12474501470962064822noreply@blogger.comtag:blogger.com,1999:blog-429358648825183567.post-14162019915383412602009-02-25T05:05:00.000-08:002009-02-25T05:05:00.000-08:00i agree with you.....grate comment...thanks......:...i agree with you.....grate comment...<BR/>thanks......<BR/>:)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-429358648825183567.post-7442612781398626402009-02-24T22:26:00.000-08:002009-02-24T22:26:00.000-08:00Couldn't agree more 5U... Great comment, thanks.Couldn't agree more 5U... Great comment, thanks.Finance Fanatichttps://www.blogger.com/profile/14477699822418504148noreply@blogger.comtag:blogger.com,1999:blog-429358648825183567.post-53956361000901259282009-02-24T20:12:00.000-08:002009-02-24T20:12:00.000-08:00Geithner is so bad, he makes Uncle Ben look good. ...Geithner is so bad, he makes Uncle Ben look good. WIth the bar set so low, the market liked hearing from someone who is not named Tim and did not keep on pointing the finger at them. It was an excuse to rally.<BR/><BR/>All Obama did 2nite is sell the stimulus plan he already passed and one small olive branch to Wall Street & Santelli as he called out home owners who bought houses they could not afford.<BR/><BR/>If the market rallies its in anticipation that there will be some kind of conclusion to the bank drama. <BR/><BR/>My sense is Obama will begin to use Bernake to use Republican rhetoric to offset his Hope and Change policies.<BR/><BR/>Some of these bank preferreds have more pop than the stocks and are higher up in the capital structure. BAC.PR.L, BAC.PR.E and JPM.PR.S are good substitutes for bank equities. They actually outperformed their underlying equities. It will be interesting to see if they can hold their gains. They are still trading pretty stressed/distressed.___https://www.blogger.com/profile/12474501470962064822noreply@blogger.com