I am excite/nervous on MTF's report, beuz I am hold a similair financal stock since around March. If the earning not so hot it may drop to $5 - $6. I hope the actual ecnomic data are pointing towards recovery. Screw the bears today, they tried to short the market hard into the close to get the S&P below 1020, but they failed, LOL I am going to enjoy my weekend, but they tried to destory it for me. I think Monday and Tuesday will be flat with morning dips, so we can still complete building our positions. After that, there will be mutli day rally(starting Wednesday). I say the DJI is heading for 10000....thats what I am hoping for, LOL By the way there's no such ticker for SLMX, maybe you got it wrong?
sorry, A4agent. I made a typo. SYMX. You nailed it again, solar has been rallying for the last few days. You must be making a lot of money these days. Happy trading!
The only thing really worked for me today was my BYD, it made a huge ran today, and it hits new all time high, $11.09 Ford is still stuck $7~ish, and I don't think Ford is going make earnings on the next report. Maybe they need to launch another Cash For Clunkers version 2 hahah! I am not in YGE, but it sure did made a good run today. I bought in last Friday at $10.77 unfortunately it hit my STOP & sold automatically; didn't bother to buy back in. Since MTG's terrible report its hurting the whole financial sector and ieven hurting one of my long term stock; It took the wind out of its sails. I think the financial sector is f&cked in the 4th qaurter, becuz the S&P is not going up another 20% between now and Jan I bet, and banks loan losses are accelerating, not slowing. The market feels like its spattering and needs a correction...I feel a pullback should be coming soon, this week. I think the DJI may go down to 9600..we'll see. Your SYMX seems good, for long term. I don't see profits coming in for couple years maybe. They got one plant operational and still working on two others. It has potential, and I see there's a few big companies invested in it. Companies like Goldman Saches and Morgan Stanley. Looking at its chart I see its currently sitting right at the support line, $1.10 to $1.15..but if it breaks that its going under a $1 hahaha! Good luck, dude!
Well that goes in relation to every new technology that comes out.. From computer to cellphones to TV, takes time to reach its maximum capacity
JayChou8, A correction on regards to the DJI may head down to 9600...I think I was wrong,...the DJI already found support at 10000 today so I think it won't be heading to 9600 bro. If Jieuw is concern about quality of Chinese goods... To be fair is not that Chinese goods lack quality (after all, all goods good or bad quality, used in West are basically all made in China -There's factory in China that make parts for Rolex (real ones)). What Chinese still suck at is brand building... they can make great stuff, however, they just haven't learn to market them yet. Ever heard of Huawei? Haier? ... I bet most of people haven't... actually those companies make really impressive stuff... they all came in range of western standards (in term of being clever and original).. the reason why a lot people haven't heard of them is not that they are weak (actually they are killing many western companies in their own field, especially in the Chinese market)... Chinese just haven't learned to market their products to west yet. It's amazing how ignorant people are. Just look at Toyota and Honda vs. Detroit, Korean shipyards vs Liverpool shipyards.Time and time again whenever a new Asian company enters a market the old boys (Europe/Western Companies) mock them until they get their asses handed to them a few decades later. Also, China is already the first or second largest in ship construction in the world, so they have already proven they can build large and reliable transportation vehicles so I'm not suprised they would succeed in varies markets. Things take time and neither Honda nor Toyota came out of the gate a winner....it took them a decade or more to win consumers' trusts, dude.
Oxyboy...They are not that cheap at all. If you don't have a great job..you probably can't afford one! hehe j/k Watch this video and you'll find out the price of the 3 models! [video=youtube;0hbIgz8_wa0]http://www.youtube.com/watch?v=0hbIgz8_wa0"[/video]
a4agent How are you holding up with the market these days? It's creeping me out...I am not betting in this kind of market. Give me a shout bro.
Jaychou8 so far so good. I am hold all my long/short term stocks into earnings. Remembered my long term financial stock I was worried about? It actually had a stunning 3rd quarter profit..I was so happy and reliefed! My target is to hopefully sell this baby at $25, maybe around XMAS or early next year. On Monday I had CAR reported, it beat anlayst estimate by 10 cents...got one left next Monday and tomorrow I got FIG..I am feeling pretty confident about FIG...just watch it pop tomorrow *cross fingers* These stocks I just trade em, like YGE not long. I think after earnings the DJI is headed back to 9200...should start pulling back around 10300..but we'll see...good luck JayChou8!
Hey, both your FIG and CAR are doing extremely well today! Both are up like 7%. I am thinking of hopping on to FIG, CAR is a bit too pricy for me. May I ask what price you held the financial stock at? If you got it back at March it must have been real cheap. I wish I was riding it. My CSUN is not doing so well...I might take profit and get rid of it. When are you planning on selling FIG?
