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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Machaon who wrote (49757)	5/7/2013 10:19:13 AM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 218505

That's why I use stops, I don't mind a minimal risk, but I never like sitting on a loss and allowing it to become a disaster... I did add another nibble just now, so we'll see... my stops are also in place, just in case... and as far as the stock market goes, I think we're near a major top... but, of course, any fool could say that... LOL!!! GZ

To: Machaon who wrote (49757)	5/7/2013 10:22:44 AM
From: GROUND ZERO™	1 Recommendation Read Replies (1) \| Respond to of 218505

I bought some AGQ at 24.98 just a few moments, could 24.95 be the low for today? That would be too much to hope for...<g> GZ

To: Machaon who wrote (49757)	5/7/2013 10:46:27 AM
From: Fintas	2 Recommendations Read Replies (2) \| Respond to of 218505

I was talking to a friend of mine and reminding him of the days he held the QQQ in the 20's and I gave him a target of the 60. He spoke with his cousin who worked for Merril and his cousin suggested I was on some halucinating drug. Here we are a few years later and my my. Now would I buy the QQQ here. NOPE. Would I buy real estate here. NOPE. What would I buy? I'd buy VERY little to the long side unless it was on a pullback in names such as GE, JPM, INTC, MSFT or similar with good FA. What am I doing? Buying PUTS in the SPY. Historically I NEVER bought puts. This year is the first time EVER. That means I'm a perma bull that is buying PUTS. What's that tell ya? HMMM maybe I am on halucinating meds? NOPE. But I do understand dancing with the clouds when I see it. Fintas